China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.While…
The below e-mail recently received by the author paints the picture we are seeing a thousand fold in the current ocean shipping marketplace in the inbound/outbound Asia trade lanes which underscores the serious disconnect currently between ocean common carriers and shippers in these U…
CMA CGM, one of the world's largest container shipping groups, on Friday posted a jump in first-quarter earnings and said it expected strong demand for transporting consumer goods to continue for the rest of the year.French-based CMA CGM's net profit rose to $2…
Many agricultural trades have been exceptionally strong in 2021, and several grain types have experienced record high exports, says shipping industry organization BIMCO. U.S. corn exports are no exception, reaching a record high of 49.1 million…
TotalEnergies has signed a sale and purchase agreement with Novatek to acquire 10% of Arctic Transshipment LLC, a wholly owned subsidiary of Novatek, which owns and will operate two liquefied natural gas (LNG) transshipment terminals being built in the Murmansk and Kamchatka regions of Russia…
Shipments of limestone on the Great Lakes totaled 3.7 million tons in May, an increase of 4.8% compared to a year ago, reports trade group the Lake Carriers’ Association (LCA).While the month’s totals were up year over year, May’s loadings were below the month’s five-year average by 2…
Major shipping companies have warned clients of worsening congestion at Shenzen's Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city.Yantian International Container Terminal (YICT), one…
Sweden’s first container barge shuttle service on inland waterways started operation on June 1 between Stockholm Norvik Port and the Port of Västerås. For the service German shipping company Reederie Deymann introduced the EU class inland waterway…
Maritime medical operations and public health provider VIKAND Solutions announced it has appointed Klaus Stoltenberg as non-executive director for commercial shipping.Stoltenberg brings a wealth of experience to VIKAND. He is currently the co-owner of Constellation ApS…
Greensea hired Greg Horton as Senior Robotics Engineer to lead engineering associated with SafeC2, Greensea’s long-range command and control capability, which is providing the US Navy the capability of conducting water-borne Explosive Ordnance…
ClassNK Consulting Service Co., Ltd. (NKCS) added a new course named 'Maritime Cyber Security Technical Course (Attack Method) for Responsible Officers in Land' for its e-learning cybersecurity training service.The service has been adopted by…
Norwegian maritime and offshore training software firm Mintra said it has appointed Kevin Short as CEO. Short, who has been chief commercial officer since 2018, takes over the leadership role from Scott Kerr following his decision to join the firm’s board of directors…
Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purchase of an extra stake in Piraeus, despite running out of time to fulfil a key condition, a top official at the port said.Under a 2016 Greek privatization agreement…
As Survitec continues to grow with the recent acquisition of Hansen Protection, Baba Devani, CEO Marine, discusses the strategic important of the acquisition to the overall strategy of Survitec as well as the path ahead.Baba, to start, can you…
Finnish marine equipment and technology company Wärtsilä said on Thursday it is working to develop an autonomous, emissions-free intra-port, inter-terminal container shuttle that would help address the emerging capacity bottleneck for internal container transportation…
