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US: China's Panama Canal presence "a security concern"

Jan 31, 2025

China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country.Rubio will depart on Saturday on his first foreign trip, with a scheduled visit to the canal and a meeting with Panamanian President Jose Raul Mulino…

InterManager Elects von Hardenberg As President

Jan 31, 2025

InterManager, the international association for the ship management sector, has elected Sebastian von Hardenberg as President.Sebastian is CEO of Bernhard Schulte Shipmanagement (BSM) and was elected by members of InterManager’s Executive Committee…

Rubio's LatAm, Panama Trip to Prioritize 'America First'

Jan 30, 2025

When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll find a region reeling from the new administration's shock-and-awe approach to diplomacy.In the first days of Trump's second term…

New GAO Report addresses Maritime Cargo Security

Jan 21, 2025

GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…

FSG Nobiskrug Shipyards negotiations at "advanced stage"

Jan 17, 2025

FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann at an event in Rendsburg on 17 January…

Philippines, China seek common ground on South China Sea

Jan 16, 2025

The Philippines and China agreed to seek common ground and find ways to cooperate despite their disagreements in the South China Sea, their foreign ministries said on Thursday, as heated rows persist over vessels deployed around disputed features…

IMO Outlines 2025 Priorities

Jan 16, 2025

Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the International Maritime Organization (IMO), as it embarks on a busy work schedule for 2025.Speaking at a news conference on 14 January 2025, Mr. Dominguez…

Fincantieri Marinette Marine wins Harbor Assistance Grant

Jan 16, 2025

Fincantieri Marinette Marine (FMM) will receive $3 million from the State of Wisconsin to improve marine infrastructure along the Menominee River where the company builds surface combatant ships for the U.S. Navy.Governor Tony Evers and the…

WSP-Led Partnership Secures Baltimore Bridge Rebuilding Contract

Jan 15, 2025

Maryland Transportation Authority selected Bridging Maryland Partnership as its general engineering consultant for rebuild of Baltimore bridge that collapsed after cargo ship collision.Just 10 months after the collapse of the Francis Scott Key Bridge…

VLCC Rates Spike as US Sanctions Bite

Jan 14, 2025

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners…

UN: Shadow Tanker Fleet Risks Rising

Jan 14, 2025

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the head of the United Nations' shipping agency said on Tuesday.The shadow fleet refers to hundreds of ships used by Russia to move oil…

Dozens of tankers drop hook as US sanctions bite

Jan 13, 2025

At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers…

Fairbanks Morse wins POs from Austal USA

Jan 13, 2025

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program.Through Fairbanks Morse Defense businesses American Fan…

NRF: Import Cargo to Remain Elevated in January

Jan 10, 2025

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…

Box Shipping Rates may fall as US Port Strikes Averted

Jan 09, 2025

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on…

Logistics News

Wilson Sons Starts Testing Aerial Drone Deliveries at Brazilian Port

Wilson Sons Starts Testing Aerial Drone Deliveries at Brazilian Port

Canada Invests Over $17M to Modernize Halifax Port Authority's Infrastructure

Canada Invests Over $17M to Modernize Halifax Port Authority's Infrastructure

DP World Marks Record 8.3% Growth in Container Handling for 2024

DP World Marks Record 8.3% Growth in Container Handling for 2024

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

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