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Ecochlor Expands in Southeast Asia

Mar 15, 2021

U.S.-based ballast water treatment sysems manufacturer Ecochlor has appointed Zen Hong Oh as Regional Service Manager for Southeast Asia.Oh has more than 11 years of involvement in the maritime industry both in shipbuilding and in project management of vessel repairs and retrofits…

VIDEO: Basjan Faber Discusses the Creation of C-Job’s Customizable TSHD Series

Mar 15, 2021

With an eye on an aging trailing suction hopper dredge fleet, C-Job is set to debut an innovative new THSD design series with a focus on modularity and sustainability. Basjan Faber, CEO, C-Job Naval Architects, discusses the dredging market…

CMA CGM Sees Strong Shipping Demand Continuing in First Half

Mar 12, 2021

Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of this year after brisk demand for consumer goods boosted its profits at the end of last year.France-based CMA CGM said its fourth-quarter earnings before interest…

RightShip Expands Its Vetting Criteria

Mar 12, 2021

Risk assessment and due diligence firm RightShip said it has expanded its vetting criteria from 20 to 50 assessment factors, in a move aimed at improving consistency as well as industry safety standards.'We have drilled down further in terms…

Rolls-Royce's Power Systems Profitable Despite 17% Revenue Plunge

Mar 12, 2021

Rolls-Royce's Power Systems division has ended the 2020 financial year with an underlying operating profit of $247.3 million despite suffering a 17% drop in underlying revenue to $3.8 billion. This corresponds to an underlying operating margin of 6…

Oakland's New Port Cranes Are the Tallest in North America

Mar 11, 2021

They're new, they’re huge and they’re the tallest in North America; three, gigantic cranes are now part of the skyline at the Port of Oakland, California, U.S.The port released a time lapse video today with footage of the assembly of one of the giant cranes…

Shipping Groups Press EU to Advance 'Fuels of the Future'

Mar 11, 2021

Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea…

GAC Opens Office in Shenzhen, China

Mar 10, 2021

GAC has opened a new office in Shenzhen, China. Having its own Non-Vessel Operating Common Carrier (NVOCC) license and Ship Agency license, GAC (Shenzhen) Ltd will handle the croup’s shipping and logistics operations in South China.GAC Shenzhen’s…

Alter Logistics Hires Ferguson as Senior VP

Mar 10, 2021

Alter Logistics Company announced that Paul Ferguson has joined the company as Senior Vice President.“Paul’s responsibilities will include expansion projects at Alter’s St. Paul, Minnesota Terminal as well as new growth development opportunities for the company…

Port of LA Upgrades Its Fruit Terminal

Mar 10, 2021

The breakbulk terminal building at Berths 54-55 at the Port of Los Angeles has a new fabric membrane roof among other improvements, thanks to nearly $1 million in upgrades completed this month by the Port at the marine terminal operated by SSA Marine…

Baltic Index Rises to Over Five-month Peak

Mar 10, 2021

The Baltic Exchange's main sea freight index gained on Wednesday, marking its highest level since early October as rates for the capesize and supramax vessel segments rose.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

BIMCO: Brazil Soy Exports Down 40% in February

Mar 10, 2021

Brazilian exports of soy beans disappointed in February, the first month of its export season. Exports reached just 2.9m tonnes, representing a 40.1% drop compared with the first month in the last season when exports totalled 4.8 million tonnes…

Siemens Gamesa Picks Cadeler to Transport and Install Giant 14MW Offshore Wind Turbines

Mar 10, 2021

Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million…

Diana Shipping to Implement ABS' Digital Environmental Platform

Mar 09, 2021

ABS said it has signed an agreement with Diana Shipping Services S.A. (DSS) to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under its management.Part of the ABS My Digital Fleet risk management platform…

Royal Caribbean to Build Cruise Terminal in Galveston

Mar 09, 2021

Royal Caribbean International (RCI) announced this week that it will begin building a $100 million cruise terminal at the Port of Galveston’s Pier 10 in April. The cruise giant said it will begin sailing its Oasis-class ship, the Allure of the Seas…

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

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Shippers claim that the early surge in US container exports is ending.
Rosatom announces that seven Chinese vessels will sail from China to Europe via the Russian Arctic route
State media reports that Oman has responded to the stranded vessel near Dhofar.