Greek lawmakers on Thursday approved an amended deal with Chinese shipping group COSCO that will allow it to raise its stake in Greece’s biggest port of Piraeus, paving the way for Greece to secure a major investment.Under a 2016 Greek privatisation deal…
Global container liner problems related to post-corona logistics hiccups have intensified in the third quarter and show no sign of letting up, the world's number five operator, Hapag-Lloyd, said on Thursday.Chief executive Rolf Habben Jansen…
Eric Venable recently joined HDR as the new federal transportation director.HDR has a long history of providing key transportation expertise to the federal government, whether federal highways, coastal ports, defense installations or more.Venable…
Kongsberg Digital (KDI) said it has signed a contract to deliver a suite of multipurpose simulation solutions to the Arab Academy for Science, Technology and Maritime Transport Branch in Sharjah (AASTS), United Arab Emirates. The state-of-the…
As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners will likely be enjoying high freight rates until the end of the year.Iron ore spot freight rates from Western Australia…
The Jacksonville Port Authority (JAXPORT) Board of Directors selected new officers during its monthly meeting on Sept. 27, unanimously electing financial services executive Wendy O. Hamilton as Chair.Hamilton is a certified financial planner…
The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium, a virtual event, in collaboration with the National Academy of Sciences from November 1-5, 2021.The Maritime Risk Symposium is an annual conference in which government and maritime industry leaders…
The Baltic Exchange's main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels.The overall index, which factors in rates for capesize…
U.S. soybean exports jumped last week to a six-month peak, while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted nearly a month ago by Hurricane Ida, preliminary data showed on Monday…
Singapore-based offshore vessel operator Miclyn Express Offshore (MEO) has appointed Darren Ang as CEO. Ang, who took over as CEO from Diederik DeBoer, has been with the company for 22 years.Prior to becoming CEO, Ang served as Deputy Chief Executive Officer…
As a former master mariner with Maersk Line and currently the Managing Director of V.Ships, Germany, Ulla Nielsen was a natural choice to kick off Maritime Reporter & Engineering News’ profiles in maritime female leadership in the run up to…
The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to complete the third phase of the landmark Port of Corpus Christi Ship Channel Improvement Project (CIP)…
For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year (July 1 – September 23), according to shipping organization BIMCO.It wasn’t until April 1…
The Puget Sound Pilots are pleased to announce the hiring of Charles Costanzo as Executive Director.Costanzo joins Puget Sound Pilots after over a decade at The American Waterways Operators where he served as General Counsel and Vice President – Pacific Region…
JAX LNG, a small-scale LNG facility located along the St. Johns River in Jacksonville, Fla., recently completed the first fueling of a marine vessel in the United States with a blend of liquefied natural gas (LNG) and renewable LNG (RLNG).JAX…
