The Swedish Club announced the launch of its Passage Plan+ Guide, a resource designed to support shipowners, operators, and navigational officers. “As an insurance company, we handle many claims yearly, and issues regarding Voyage/Passage planning are a recurring theme…
Belships ASA, a leading shipowning company specializing in Ultramax vessels, reported solid financial results for the fourth quarter of 2024, showcasing the growth of its fleet and robust profitability amidst challenging market conditions.:Belships posted an EBITDA of $19…
The Oakland Board of Port Commissioners has approved the Port’s Strategic Plan for the years 2025-2030.The plan unveils ambitious goals for the port’s seaport, airport, commercial real estate holdings and its publicly-owned utility, including…
Starting March 1, 2025, ocean common carriers of containerized cargo are expected to file documented export strategies with the US Federal Maritime Commission (FMC) on an annual basis.The increased obligation is one of several notable developments…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates.The index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels…
The Signal Mutual Indemnity Association honored Justin Weir, President of Florida International Terminal (FIT), with the Executive Leadership award for his work promoting worker safety and health.The association highlighted Weir's commitment…
DP World achieved a milestone at its Mundra International Container Terminal (MICT) with the highest-ever throughput of 1.42 million TEUs in 2024, an 11% surge in throughput compared to '23. Continuing its momentum in January, DP World Mundra achieved a record monthly throughput of 138…
Cavotec signed a multi-million euro order for its MoorMaster NxG automated mooring system to be installed at the Port of Dublin in Ireland. The order, signed at the end of 2024, marks the first deployment of MoorMaster technology in Ireland…
Terminales Marítimas de Vigo, S.L.U. (Termavi), a new Konecranes customer has ordered two hybrid Konecranes Rubber-Tired Gantry (RTG) cranes equipped with the complete range of Konecranes Smart Features. The order was booked in Q4 2024, and delivery is scheduled for Q4 2025…
NYK recently started a biofuel test run on its coal carrier Noshiro Maru, which is operated for Tohoku Electric Power Co., Inc. This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company…
Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel…
Shipping and logistics firm Wilson Sons has started testing drones in the Port of Salvador to make vessel deliveries and pickups. The trials represent the first time the drones have been used to make deliveries in port facilities in Brazil.Speedbird Aero…
The government of Canada has allocated $17.4 million to accelerate the development of the infrastructure at the Halifax Port Authority, most of which will go to the roll out of Halifax – Hamburg green shipping corridor.This investment is aimed…
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% year-on-year, despite macroeconomic headwinds and concerns over the outlook for global trade.The global logistics business, which…
Klaipėda Port Authority in Lithuania has signed an agreement for the infrastructure buildout for the offshore wind energy projects, starting with the reconstruction of quays on Smeltė peninsula, which will ensure assembly, handling and transportation of offshore wind turbines…
