Seaboard Marine announced a new direct service connecting Colombia with Savannah, Ga. Beginning on August 19, weekly service will be initiated for both northbound and southbound cargoes between the Port of Savannah and Barranquilla, Cartagena…
The Baltic Exchange's main sea freight index rose for the 12th straight session on Thursday, helped by an uptick in demand for all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…
U.S.-based ballast water management system (BWMS) manufacturer Ecochlor announced it has opened a service support center in the world's top shipping hub. Michael Madely, VP of Global Service at Ecochlor, said the new Singapore location is the…
Conrad Shipyard announced it has hired Robert A. Socha to lead the company’s sales and marketing efforts as vice president of sales and marketing. He will work collaboratively with other Conrad business groups, including business development…
A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line…
A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks in the Gulf of Guinea.The three men fined by the court in Port Harcourt, Nigeria's oil hub…
Islamist insurgents have captured a heavily-defended port in the far northern Mozambique town of Mocimboa da Praia, close to the site of natural gas projects worth some $60 billion, local media reported on Wednesday.It was one of several attacks…
Tanker ship owner Xihe Group of Companies appointed V.Group as the technical manager for 16 of its modern tankers.“This strategic partnership kickstarts Xihe’s engage-ment of independent, world-class professional companies to provide technical and commercial management for our vessels…
Philly Shipyard announced the unexpected death of its chief financial officer, Brian Leathers, age 60. “It is with great sadness that we share the news of Brian’s passing, and our entire organization mourns his death. Brian was a well-respected colleague and friend to many…
Longtime Maersk executive Jack Mahoney has been named president and CEO of Westwood Shipping Lines, Inc., a Puyallup, Wash. based independent conbulk liner carrier in the north Transpacific trade. He succeeds Guy Stephenson who is retiring after 13 years in the role…
Container lines have resumed calls to Beirut after last week's explosion, with the terminal having sustained only minor damage, leading companies said on Tuesday.The August 4 blast in Beirut's port, which killed more than 160 people and injured 6…
In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital…
Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday.Overall insured losses…
The International Maritime Organization (IMO) has published its remote meetings calendar for the rest of 2020 after its initial agenda of IMO Council and Committees sessions was scrapped due to the coronavirus pandemic.The first scheduled meeting is set to be a simultaneous…
Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions, according to company documents seen by Reuters…
