Elliott Bay Design Group (EBDG) announced that Senior Engineer, John Reeves has been promoted to Director of Business Development to oversee business development, generate leads and provide leadership to the sales and marketing team.Reeves joined…
Dozens of seaports across Asia, Oceania, Middle East, Africa, Europe and Americas have pledged to remain open to merchant vessels to ensure the flow of essential goods throughout the coronavirus pandemic.To date, more than 50 port authorities…
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC…
The master of Singapore-flagged APL England is facing charges in Australia after the vessel under his command lost dozens of containers overboard in rough seas off the coast of Sydney last week.The offences relate to pollution and/or damage…
The European Commission has approved a €600 million ($668.1 million) Finnish aid scheme to support maritime companies impacted by the coronavirus outbreak.The aid scheme will take the form of State guarantees on working capital loans and will…
With uncertainty surrounding business in general, and specifically the future shape and form of the cruise industry, it was announced the the establishment of the new cruise terminal in Copenhagen is postponed indefinitelyA very significantly changed cruise market…
Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday…
Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades…
The coronavirus lockdown has accelerated a digitalization drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.Ports operator DP World…
Towage operator Svitzer announced its Board of Directors has appointed Kasper Friis Nilaus, VP and current Managing Director (MD) of Svitzer Europe, to succeed Henriette Thygesen as global CEO of Svitzer A/S, effective June 15.Going forward…
Ship management and services company V.Group announced that Paddy Rodgers has been appointed as a non-executive director.Rodgers had been CEO of Euronav for almost 20 years before stepping down from the post in 2019. Under his leadership Euronav…
A Singapore-flagged containership that lost at least 40 containers overboard off the coast of Sydney has been detained by authorities in the Port of Brisbane after Australian inspectors found inadequate lashing arrangements for cargo and heavily corroded securing points for containers on deck…
Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment…
Qatari shipping company Nakilat said it has assumed full ship management and operations of Q-Flex liquefied natural gas (LNG) carrier Al Kharaitiyat from Shell Trading and Shipping Company Limited with effect from Wednesday, as part of the second…
For the second year straight, US-based Pangaea Logistics ranks highest among dry bulk owners based on Time Charter Earnings (TCE), according to a recent market benchmarking report.Notably, the Rhode Island-headquartered shipowner's 53.7% TCE…
