Maersk's towage arm Svitzer announced Mathias Jonasson has been appointed as managing director of its Scandinavia and Germany cluster, effective September 1.Jonasson, who will report to Svitzer Europe’s managing director Lise Demant, has a background…
Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South American region, hurting trade of key agricultural commodities.Industry…
China will study targeted measures to help exporters cope with tight shipping capacity and rising logistics costs, the commerce ministry said on Thursday.Ministry spokesman Gao Feng made the comments at a weekly press conference in Beijing.(Reporting by Xu Jing…
What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been broken (measured in capacity) in less than eight months…
The international shipping industry continued its long-term positive safety trend over the past year. The number of large vessels lost remained at record low levels in 2020, while reported incidents declined year-on-year, according to Allianz…
Indian traders are scrambling to secure prompt shipments of soymeal after New Delhi relaxed rules to allow the import of 1.2 million tonnes of the animal feed, but logistical bottlenecks could limit volumes to less than 400,000 tonnes, industry officials told Reuters…
Russia's oil exports and transit from its western seaborne outlets were set at 6.17 million tonnes in September compared to 6.29 million tonnes in the revised August plan, the preliminary schedule seen by Reuters showed on Wednesday.On a daily basis combined oil loadings from Primorsk…
The work of Spanish wineries finds an ally in the Port of Valencia so that a white wine from Rueda can be drunk in Sydney, a red from Rioja can be bought in a shop in New Caledonia and a DO Cariñena in a luxurious restaurant in the United Arab Emirates…
Meishan terminal at China's Ningbo port resumed operations on Wednesday after shutting down for two weeks due to a COVID-19 case, a port official said at a press briefing.The closure of the terminal has caused logjams at ports across China's…
Maritime medical operations and public health provider VIKAND Solutions said it has appointed Bo Nylandsted Larsen as Vice President of Commercial Partnerships, effective September 1, 2021.Peter Hult, VIKAND CEO, said, “Bo Larsen is so very highly regarded in the maritime industry…
The Port of Redwood City said it will invest approximately $2.5 million of Port Security Grant Program funding to develop a new fire and police boat dock, which will serve as the home base for emergency vessels.The development of a new boat dock further supports the Redwood City…
Plaintiffs seeking to recover from ship managers or the vessels they operate but lacking a direct claim against a particular vessel have developed a clever strategy under U.S. maritime law. They seize a managed vessel under Supplemental Admiralty…
ADNOC Logistics & Services has acquired six line boats to provide critical marine services across petroleum ports in Abu Dhabi. The company, the shipping and maritime logistics branch of the Abu Dhabi National Oil Company (ADNOC), said all the…
The Port of Long Beach announced it has completed a new container terminal, which it ranks as one of the world's most technologically advanced cargo facilitiesThe Long Beach Container Terminal at Middle Harbor is equipped with nearly all electric…
The Baltic Exchange's main sea freight index on Monday rose to a more than 11-year peak on rising demand for all vessel sizes, with capesize rates extending their winning run to an 11th straight session.The overall index, which factors in rates for capesize…
