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Survey Seeks to Gauge COVID-19's Impact on Mariner Mental Health

Apr 05, 2021

The U.S. Committee on the Marine Transportation System (CMTS) COVID-19 Working Group (C-19 WG) is encouraging mariners from all segments of the U.S. maritime industry to anonymously complete the “Mariner Mental Health Needs during Covid-19” online survey here…

Greece Launches Sale of Crete Port Stake

Apr 05, 2021

Greece on Monday launched a tender for the sale of a majority stake in a port on the island of Crete, a popular tourist destination in Europe.The conservative government has been keen to attract investment and upgrade its port facilities across…

Germany to Propose Beirut Port Reconstruction with 'Strings Attached'

Apr 02, 2021

Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country’s politicians to form a government capable of warding off financial collapse, two sources said…

MSC Reaffirms Commitment to Avoid Arctic Shipping Routes

Apr 01, 2021

Container shipping giant MSC Mediterranean Shipping Company doubled down on its position to avoid sending its vessels through the Northern Sea Route and urged others to follow suit, citing environmental concerns.“As a responsible company, this was an obvious decision for us…

Jones Capital Acquires Rockport Terminals

Apr 01, 2021

Jones Capital said it has acquired Rockport Terminals, one of the largest private intermodal terminals on the Texas Gulf Coast.Rockport Terminals is located within 28 miles of the fast growing Port of Corpus Christi, but outside of the Port's tariff zone…

Cocaine Seized From Bulker Anchored Near Annapolis

Apr 01, 2021

More than 44 pounds of cocaine was seized from a Marshall Islands-flagged bull carrier anchored in the Chesapeake Bay near Annapolis, Md., on Wednesday.The drugs were discovered during an early morning examination by officers and agents from the DEA…

Marubeni/Klaveness Pool Allowing Shipowners to Switch Between Floating and Fixed Rates

Apr 01, 2021

Marubeni and Torvald Klaveness' joint venture panamax bulker pool is offering pool partners the option to convert freely between floating and fixed rate, at any given time, in line with forward market levels.The companies, which announced the…

Suez Blockage May Lead to Large Reinsurance Claims, Broker Says

Apr 01, 2021

The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters.Formal investigations began…

Port of Southampton to Deploy Private 5G

Apr 01, 2021

One of the United Kingdom’s (UK’s) busiest ports is slated to deploy private 5G follownig an agreement between Verizon Business and Associated British Ports (ABP). Delivered in partnership with Nokia, Verizon’s private 5G platform will provide the Port of Southampton with a secure…

New Guidance Published on Marine Transport of Ores and Concentrates

Apr 01, 2021

Updated guidance from the International Council on Mining and Metals (ICMM) outlines the techniques required for accurate hazard assessment of ores and concentratesAiming to help minimize the risk of accidents in maritime transportation, the…

Lloyd's of London Sees 'Large Loss' Due to Suez Canal Blockage

Mar 31, 2021

The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on Wednesday, as the insurance market recorded a 900 million pound ($1.2 billion) pretax loss in 2020 due to the COVID-19 pandemic…

Port of Savannah Expanding Amid Swift Cargo Growth

Mar 31, 2021

The Georgia Ports Authority Board on Monday approved capital improvement projects that will increase the Port of Savannah’s container capacity by 20% amid unprecedented cargo growth.“Right now, we are moving container volumes that we did not expect to see for another four years…

International Seaways to Buy Diamond S Shipping in $416 Million Deal

Mar 31, 2021

Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10…

ClassNK Opens Kyushu Regional Office

Mar 31, 2021

Classification society ClassNK said it has opened a Kyushu regional office in Hakata, Fukuoka, Japan on April 1, 2021.Hakata is the transportation hub of Kyusyu, the island located in the southwest part of the Japanese archipelago. On top of five existing survey stations in Kyusyu…

Crowley Promotes Praskovich to VP of Sustainability

Mar 31, 2021

Crowley Maritime Corporation has promoted Alisa Praskovich to vice president of sustainability to orchestrate Crowley’s environmental, social responsibility and governance (ESG) activities. Based in Jacksonville, Fla., she reports to chief operating officer Ray Fitzgerald…

Logistics News

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

Danish Container Traffic Hits Record in Third Quarter

Danish Container Traffic Hits Record in Third Quarter

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

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