ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes…
About the Author: Captain Rahul Khanna is Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty. A marine professional with 26 years of experience within the Shipping and Maritime industry, Captain Khanna served more than 14 years on board merchant ships in all ranks…
Lisa Edvardsen Haugan was appointed as the new President of Kongsberg Maritime, the largest business area of Kongsberg, replacing Egil Haugsdal starting in November 2022.Edvardsen Haugan has long and extensive experience from both the defense…
AD Ports Group announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region.This is the first shipment since Mugharraq Port was recognized as an international…
Long-term contracted rates fell by 1.1% in September, marking the first drop since January and one of only three declines in the past 21 months, recent data from the Xeneta Shipping Index (XSI) reveals. However, analysts at Oslo-based Xeneta…
Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday.Prices for cargo shipping are falling as vessels are able to load more freight…
Mexico plans to build a liquefied natural gas (LNG) export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand, President Andres Manuel Lopez Obrador said on Tuesday.The planned LNG facility in the port of Coatzacoalcos…
The U.S. Economic Development Administration (EDA) earlier this month awarded a $50 million federal grant to H2theFuture, a 25-organization partnership aiming to develop a new energy cluster in South Louisiana, spanning the clean hydrogen life cycle…
New loading equipment was recently delivered to Port Milwaukee for The DeLong Co., Inc. agricultural maritime export facility.The Made in America ship loader traveled more than 1,500 miles by barge from New Orleans, up the Mississippi and Illinois Rivers to Jones Island…
The Port of Los Angeles announced the release of $5 million in voucher incentives for zero-emission trucks to operate at the port. The move, which marks the first in a series of incentive programs that will be funded by the port’s recently enacted Clean Truck Fund (CTF)…
Japanese trading company Mitsubishi Corp said on Wednesday it had signed a memorandum of understanding (MoU) with the Port of Corpus Christi Authority of the United States to collaborate on large-scale production facility of fuel ammonia in Texas…
A work assignment dispute in Seattle is interrupting labor talks covering 29 U.S. West Coast ports and 22,000 employees that handle almost 40% of U.S. imports, the union representing dockworkers said on Tuesday.International Longshore and Warehouse…
Having recently reopened its Guam office after a three-year hiatus using a partner agent, Inchcape Shipping Services resumed direct control over all operational matters on the Pacific island.Inchcape had a permanent presence in Guam since the…
The Port of Corpus Christi has become the first port in the state to obtain the Texas Cyberstar Certification, issued by the Texas Department of Information Resources (DIR).The Cyberstar Certificate Program was launched in May by the Texas DIR…
The International Group of Protection and Indemnity Clubs (IGP&I) has set out its Sustainability report and updated Correspondents Guidelines to the global network of Protection and Indemnity (P&I) Correspondents listed by its constituent Clubs during its 2022 Correspondents Conference in London…
