The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part of efforts to reduce the industry's carbon footprint, a UN spokeswoman said.Countries approved the additional regulations to reduce…
Shipping group Maersk has raised its full-year earnings forecast, it said on Tuesday, citing increased momentum in fourth-quarter in global container volumes and freight rates.The company now expects earnings before interest, tax, depreciation…
Slow progress continues for U.S. Great Lakes-Seaway shipping: U.S. grain exports up 10.7%According to the latest figures, Great Lakes-St. Lawrence Seaway shipping recorded improvements in October with U.S. grain and project cargo shipments helping…
Ports of Indiana announced the promotion of Andrea Hermer from general counsel to chief operating officer, along with the addition of James Hall, as the new general counsel. Hall will take over responsibilities for corporate governance, compliance…
Fortescue Metals Group said on Tuesday it was assessing prospects to build an ammonia plant in the southern island state of Tasmania, as part of its push to become a major renewable energy producer.The project would include a 250-megawatt hydrogen…
Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years…
Oceanology International, the world's largest exhibition and conference for the subsea sector, was originally scheduled for March 2020, subsequently rescheduled to December 2020 due to COVID-19. The organizers last month announced the need to…
Swedish-based waterjet propulsion systems supplier Marine Jet Power (MJP) said it has appointed Jonas Tegström as chief executive officer to succeed interim CEO Claes Rudling, who will resume his position on the board of directors.Tegström brings more than 20 years of senior management experience…
Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth. WavEC Offshore Renewables is teaming up with the Embassy of Canada to Portugal to host ‘Advancing the Blue Economy through Intercontinental Collaboration’…
ABS chairman, president and CEO Christopher J. Wiernicki outlined the absolute value of talent in the new normal in a cross-industry lecture on the impact of the COVID-19 pandemic and digitalization.Wiernicki addressed fellow global business…
Red Sea Gateway Terminal (RSGT) has taken delivery of two remote-controlled Ship-to-Shore (STS) cranes, and 10 hybrid-Rubber-Tyred Gantry Cranes (RTGs), as part of its expansion of Jeddah Port's premier facility to double annual container throughput capacity to 5…
Pernille Fritz Vilhelmsen has been appointed Executive Vice President & Chief People & Culture Officer and member of the Executive Management Board in Hempel A/S. She succeeds Peter Kirkegaard, a 13-year veteran of Hempel who has accepted a…
Alongside the unique Type Approval for the Digi Boiler automated dosing system, Wilhelmsen have also been certified as reportedly the first and only approved service supplier for DNV GL’s BMON+ class notation.“Our system is tried, tested and proven at sea…
The Baltic Exchange has today (16 November) launched weekly air freight indices. It has partnered with established Hong Kong based air cargo pricing publisher TAC Index and the new indices include six outbound indices and 13 individual destination baskets…
German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs, demand in Asia recovers and fleet capacity is tight, chief executive Rolf Habben Jansen said on Friday.'Oil prices have fallen sharply in the coronavirus crisis…
