New manual provides vital recommendations for operational planning and response in health emergenciesThe International Maritime Rescue Federation (IMRF), supported by Lloyd’s Register Foundation, has launched comprehensive guidance for anyone working in search and rescue…
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, says shipbroker Simpson Spence Young.Following an ever-strengthening charter market, SGX…
China will construct a “Polar Silk Road” and actively participate in the development of Arctic and Antarctic regions, it said in its new 2021-2025 “five-year plan” published on Friday.The plan said China would “participate in pragmatic cooperation…
India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade.India has been developing a part of the port on Iran’s south…
Logimatic said it has signed a contract with Hapag-Lloyd that will see the German shipping company replace several existing fleet management systems with SERTICA.As part of its digital transformation and centralization efforts, Hapag-Lloyd will implement SERTICA on more than 70 containerships…
The 6th Biennial Marine Transportation System Innovative Science and Technology Conference, hosted by the CMTS and the Transportation Research Board, will be held virtually from March 15-17, 2021. The theme of the upcoming conference is “Advancing…
This week, U.S. Federal Maritime Commissioners Daniel B. Maffei and Carl W. Bentzel sent letters to the Governors of major port states urging them to prioritize the vaccination of the maritime workforce to protect the nation’s supply chain.Letters were sent to the Governors of Alabama…
The U.S. Justice Department declined to investigate or prosecute then-Transportation Secretary Elaine Chao after the inspector general’s office referred allegations of potential misuse of office for review, a report made public on Wednesday said…
Royal IHC and Royal Doeksen reached an agreement on the acquisition of all shares in Vuyk Engineering Rotterdam, a continuation of IHC's plan hatched in mid-2020 to return its core business and divest itself of pieces that did not fit. The decision was taken that Vuyk…
A new set of independent indices for the liquified natural gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel.Published twice weekly…
Shipping association BIMCO is encouraging states and the industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry…
The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) announced release of the federally approved Environmental Assessment for the project to reconstruct the CSX-owned, 126-year-old Howard Street Tunnel in Baltimore…
The Baltic Exchange's main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Frank Morneau, former Commander of Navy Expeditionary Combat Command (NECC) has joined ThayerMahan, Inc. as Special Advisor for unexploded ordnance (UXO) and munitions and explosives of concern (MEC). Morneau is a leading authority on the management…
German shipping company UPT United Product Tankers GmbH & Co. KG said Matthias A. Schoeller has been named co-managing director, succeeding Stefan Ciegelski who will retire by the end of June.Schoeller, having worked as the company's chartering manager for the last 10 years…
