It is generally understood that the insurance coverage of a luxurious Yacht can be a headache for her owner, not having the necessary knowledge and sufficient information to make an educated decision with confidence, especially in a changing and challenging international insurance market…
COVID-19 has hit the vehicle carrier market hard. The world vehicle demand has dropped by c.35%. Consequently, shipping these vehicles has fallen considerably.The only order to take place earlier this year is one from NYK line for a large LCTC for $95 million…
Geophysical seismic surveys and port security may appear to have little in-common. However, it turns out that managing complex marine seismic operations, where 10km-long seismic streamers have to be deployed harmoniously alongside other offshore marine assets…
For U.S.-flag shipping on the Great Lakes, 2019 was a good year. Total cargos were 90 million net tons, up 7.5% over 2018 and 4.6% over the five-year average. 49.7 million net tons of iron ore were shipped, up 8.5% over 2018 and 11.7% over the five year…
The U.S. maritime industry takes great pride in our motto: “In Peace and War.” It sums what we’re all about. From colonial times, through the Revolution, the Civil War, two World Wars, several regional conflicts, and many natural and humanitarian disasters…
The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $9.5 million in grants to eight marine highways projects across the Nation under the America’s Marine Highway Program. The funding supports the enhancement of navigable…
Superyachts have a long history of tailor-made, special-made and unique “to the Himalaya and back” luxury solutions. The question is, will this continue, or will the current market situation make superyacht owners and builders consider streamlining…
Longtime shipping industry executive Bryan Brandes has been named Maritime Director at the Port of Oakland. The port said today he was selected following a nationwide search. Brandes, a 25-year maritime veteran, replaces John Driscoll who left to manage the Alabama State Port Authority…
Water levels on the Rhine in Germany have risen after rain in past days but are still too shallow in northern areas for cargo vessels to sail fully loaded, traders said on Friday.The river had fallen below normal levels in late May after dry weather…
Ship owners are postponing or canceling the installation of “scrubbers” that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances.Regulations from United Nations agency the International Maritime Organization (IMO)…
Cash-strapped Cuba has canceled its annual international trade and investment fair slated for November due to the pandemic, state-run media reported on Friday, even as fallout from the novel coronavirus hammers revenues and imports.Container traffic at the port of Mariel…
The unloading of the final containership at the Frihamnen port in Stockholm marks the end of an era.The 1,349 TEU Dutch-flagged containership Essence unloaded the final cargo at Frihamnen on June 1, but the CTF container terminal will remain…
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking…
The President of the Port Authority of Valencia, Aurelio Martínez, has indicated that 'the large infrastructures are the key to maintaining a presence abroad and to face the forecasts that indicate that the growth of the commercial flows of…
In today’s environment, the overarching challenge for the American tugboat, towboat and barge industry is to continue transporting the vital commodities that help keep our nation’s economy moving during a highly uncertain time, while taking…
