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Wärtsilä Names Håkan Agnevall as President and CEO

Sep 30, 2020

Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who is currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…

CMA CGM Says Operations Functioning Normally After Cyber Attack

Sep 29, 2020

French container shipping company CMA CGM Group said Tuesday that its maritime and port operations were functioning normally after a cyber attack hit its servers on Monday.'All communications to and from the CMA CGM Group are secure, including emails…

Golar Unit CEO Takes Leave of Absence Amid Corruption Probe

Sep 29, 2020

Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect, following a corruption investigation involving him in Brazil.Golar said Antonello's leave was in…

On Watch: International Coalition Monitors, Protects Middle East Shipping Lanes

Sep 29, 2020

The International Maritime Security Construct (IMSC) was created July 2019 as a way to deter unprofessional behavior in the waters of the Middle East region through its operational arm, Coalition Task Force (CTF) Sentinel.The IMSC comprises eight nations – Albania…

Rolling the Dice in Chaos: The Prospects of Investment in the Gas Industry

Sep 29, 2020

As stated in the Declaration of Malabo at the 5th Summit of Heads of State and Government of the GECF Member Countries, in order to sustain the security of demand and supply of natural gas, it is necessary to ensure sufficient investments through…

CMA CGM Hit by Cyber Attack

Sep 28, 2020

Container shipping group CMA CGM said on Monday it is dealing with a cyber attack impacting its peripheral servers.The attack did not concern the systems of its subsidiary CEVA Logistics, it added in a statement.CMA CGM said external access…

Hodgkinson to Lead West P&I Club’s Loss Prevention Department

Sep 28, 2020

West of England P&I Club said that Captain Simon Hodgkinson has been appointed as Global Head of the West’s Loss Prevention Department. He joins from Polarcus, where he was Head of Marine Operations and responsible for the performance of a fleet of ultra-modern seismic vessels…

Argentine Grains Port Workers to Strike After Talks Collapse

Sep 27, 2020

A labor union representing Argentine grains port workers said on Sunday it would stage a 24-hour walk-off from midnight after failing to strike a deal on a collective work agreement with the business chamber that represents private port owners…

Great Lakes Wins Jacksonville Harbor Dredging Contract

Sep 25, 2020

Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.' largest dredging services provider announced Friday…

Charleston Will be the Deepest Harbor on the US East Coast

Sep 25, 2020

This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil…

US Imports Surge as Pandemic Worries Have Retailers Stockpiling

Sep 25, 2020

The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million extra units from its factory in China with the hope of preventing coronavirus from ruining its Christmas sales.The move from the company, which sells product through Target…

Baltic Index Hits Over Two-month High

Sep 25, 2020

The Baltic Exchange's main sea freight index on Friday hit an over two-month high on higher vessel rates across segments, and along with the capesize index posted its highest weekly rise since mid-June.The Baltic dry index, which tracks rates…

IUMI: Insurers, Underwriters Must Jump Onboard Maritime's Digital Transformation

Sep 25, 2020

Speaking at the International Union of Marine Insurance (IUMI) annual conference, IUMI Data and Digitalization Forum Chair, Patrizia Kern discussed big data, the use of digital technologies, and how the COVID-19 pandemic has put digitalization on the fast track…

Plug & Play: 'Microgrid in a Box' Promises to help Power Maritime's Future

Sep 24, 2020

As the maritime industry searches for the means to meet ever tightening emission regulations, battery power sits at the center of future paths to decarbonization. Sterling PBES launched CanPower, an all-encompassing energy storage system (ESS) microgrid…

Renewable Energy to Power NYK’s Yokohama Daikoku C-3 Terminal

Sep 24, 2020

From October 1, electricity sourced from renewable energy will be used at Yokohama Daikoku C-3 Terminal, which began operations in August as the first finished-car logistics terminal in Japan operated by NYK, in the company’s effort to help…

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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Russian authorities claim that three people were killed in a drone attack by Ukraine on Belgorod.
Shippers claim that the early surge in US container exports is ending.
Spain checks 200 Italian arrivals at the border after migration row