Shipping Industry

The Australian Meat Industry Council supports calls for extensive regulatory changes in the shipping industry. A number of measures were recommended by the Australian Competition and Consumer Commission’s annual Container Stevedoring Monitoring Report 2020-21, which was published earlier this year The report highlighted recent increases in demand for container freight …

The two most irritating words people hear these days have to be “supply chain“. It seems to be the cause of all problems in life. Not enough toilet paper? Supply chain. Is your favorite ice cream running out in the grocery store? Supply chain. Are prices exploding for things that …

In an initiative led by Commissioner Carl Bentzel, the Federal Maritime Commission will try to find out how data can accelerate the flow of containers through the supply chain. The multi-phase effort announced on Monday will “propose recommendations for common data standards used by the international shipping supply chain, as …

Shipping management platform for less than truckloads My carreer announced on Tuesday the efficiency gains that its electronic waybills (eBOL) have brought to the industry. The Scottsdale, Ariz.-Based technology company said its offering is the first multi-carrier eBOL solution and has proven to “provide freight relief and unprecedented operational improvements …

Show full picture According to the Better Business Bureau, consumers should plan shopping and shipping in advance. Wikipedia photo The pre-pandemic picture of the global shipping industry has changed with COVID-19, policy changes, and delivery bottlenecks that are now expected to cause vacation delays and affect US consumers. The impact …

Capilano Sun was delivered to MOL to expand Waterfront Shipping’s methanol (MOL) fleet Posted on November 5, 2021 7:56 PM by The maritime executive The shipping industry is increasingly turning to methanol-powered ships as the next step in moving away from traditional heavy fuel oil. While the supply of methanol …

Source: John Simmons / Unsplash. Several months ago, I warned against it the container ship crisis could endanger Christmas by leaving retailers with insufficient goods on the shelves. Since then there have been similar fears in all media, not only because of shipping problems, but also because of a lack …

Suffolk Metal Mountain: Hundreds of containers are stored in a field near Felixstowe as ports grapple with traffic jams caused by the global shipping crisis and shortage of truck drivers Huge pile of empty containers spanning 350 feet and on the former airfield in front of the A140 near Eye, …

Daphne engineer Anders Olsson with a prototype version of the company’s (Daphne) washer Posted on November 1, 2021 1:36 AM by The maritime executive Swiss scrubber startup Daphne Technology has secured investments from some of the biggest names in shipping and energy in its most recent round of funding. Shell, …

LOS ANGELES (KABC) – Trucks move almost three quarters of all goods in the United States. The problem since the pandemic is that there aren’t enough drivers. Industry officials say there is a shortage of around 80,000 drivers across the country. Shawn Yadon of the California Trucking Association says, “Part …

Save in reading list Published by Lydia Woellwarth, editor LNG industry, Friday, October 29, 2021 4:35 PM Hitachi Zosen Corp., Mitsui OSK Lines, Ltd (MOL) and Yanmar Power Technology Co., Ltd (YPT) have “Development of Methane Slip Reduction Technology from LNG-Powered Ships by Improving Catalysts and Engines” (hereinafter referred to …

Norwegian offshore shipowner Eidesvik Offshore said on Thursday, its CEO and President Jan Fredrik Meling would leave the position at the as planned Age 65, effective December 31, 2021, after more than 16 years in office. January 2022, the company’s CCO, Gitte Gard Talmo, will replace Meling, who has served …

The American Maritime Partnership today publicly released a letter to U.S. Secretary of Transportation Pete Buttigieg underscoring the continued reliability of American maritime services despite the current supply chain crisis. American shipping provides security to American customers and consumers, unaffected by supply chain disruptions and congestion affecting global shipping and …

Marqeta’s advanced card issuing platform and Branch digital wallet allow Uber Freight to pay carriers after each load, bringing innovation and transparency to the trucking industry LAS VEGAS, October 25, 2021– (BUSINESS WIRE) – On stage at Money 20/20, Marqeta (NASDAQ: MQ), the global modern card issuance platform, today announced …

China launched its first 10,000-tonne class maritime patrol vessel Haixun 09 on Saturday with the most advanced technologies and strong comprehensive capabilities. Photo: VCG China launched its first 10,000 tonne class maritime patrol ship Haixun 09 on Saturday with the most advanced technologies and strong comprehensive capabilities, and the ship …

New Jersey, United States, – the Cargo shipping market Verified Market Research’s report is a carefully conducted study. Experts with proven references and a high reputation within the research community have provided an in-depth analysis of the topic, bringing in their unparalleled domain knowledge and extensive research experience. They offer …

Released: October 21, 2021 at 6:56 pm MDT|Updated: 1 hour ago BEIJING, Oct 21, 2021 / PRNewswire / – Nov. Maritime silk road The Port International Cooperation Forum, one of the activities on the occasion of the Maritime Day of China, opened on Wednesday in the city of Ningbo in …

ZoneCreative / Getty Images / iStockphoto You have your favorite shop, your favorite designer, your favorites for functional fashion and a great price. However, don’t be surprised if the tags are priced above average the next time you shop. According to the US Bureau of Labor Statistics consumer price index, …

A view of stacked shipping containers in Southampton Docks, Southampton, UK 18th October 2021. Image taken with a drone. REUTERS / Matthew Childs LONDON, October 19 (Reuters) – According to the Boston Consulting Group (BCG), banks are demanding much more environmentally friendly funding for shipping companies as investor pressure grows …

Shipping analyst Vortexa reports how scrubber installations have shaped the employability and demand of VLCC tankers in a globally depressed crude oil freight market. Before the pandemic, the most important questions of the shipping industry revolved around the IMO 2020. Specifically, the main concerns concerned the delivery quantities of the …

Chart of the week: Truckstop.com 7 day van price per mile Los Angeles to Dallas and Dallas to Los Angeles SONAR: TSTOPVRPM.LAXDAL, TSTOPVRPM.DALLAX The main reason for the current shortage of truck loading capacity is the intensification of the majority of goods movements from west to east. This relationship is …

Posted on October 15, 2021 3:56 PM by The maritime executive [By: GTT] GTT was commissioned by its partner, the Korean shipyard Hyundai Heavy Industries (HHI), to develop the cryogenic fuel tanks for two container ships powered by liquefied natural gas (LNG). The two new ships, each with a capacity …

Airlines and shipping companies have failed to cut their greenhouse gas emissions and must make new commitments on the climate crisis as the world prepares for a tough climate summit, the UN Secretary-General said. António Guterres criticized the current efforts as insufficient and warned that they would lead to catastrophic …

There are growing fears among retailers that Washington’s efforts right now can do little to save the important Christmas shopping season. “There is no political intervention that can do this, and there may not be human intervention that can do it because this problem will now last well into next …

Information from the Bureau of Labor Statistics shows the trucking industry lost 6% of its 1.52 million workers before the pandemic. DALLAS, Texas – Nationwide freight carriers scramble to meet shipping requirements as they desperately try to attract more drivers into the American supply chain pipeline. According to the American …

By Gerry Smith and Augusta Saraiva (Bloomberg) – As of late August, five container ships left China with 65,000 copies of a monograph celebrating the career of filmmaker Spike Lee. They were heading for a congested port near Los Angeles, where dozens of ships waited offshore for an opportunity to …

Aerial view of Manila South Harbor FILE PHOTO The port and shipping industry expects cargo volume to grow as manufacturing activity increases and major economies rebounded strongly. International shipping companies see a slow but stable recovery in the remaining months of the year as demand for shipping increases and freight …

AkzoNobel offers ship owners additional control over ship efficiency and environmental performance by introducing its new hull management solution, which guarantees a speed loss of up to 1% over a period of ten years. Intertrac® HullCare combines powerful hull coating technology from AkzoNobel’s International® range, state-of-the-art Remote Operating Vehicle (ROV) …

Founded in 2019, based in Singapore Gray wings was created to help ship operators and other members of the maritime industry make critical decisions. It includes tools for crew change management, predictive reporting of potential risks such as piracy, and pandemic-related updates to travel restrictions. Greywing today announced the launch …

A shipping industry trade group, which represents over 80% of the world’s merchant fleet, has proposed a bold new plan to help the industry achieve net zero carbon emissions by 2050, doubling the ambitions of the International Maritime Organization’s goal . The International Chamber of Shipping (ICS) has tabled plans …

BERLIN – A large group in the shipping industry said Tuesday that its members will aim for “net zero” carbon emissions by 2050 after the global aviation industry committed to the same goal a day earlier. The current goal of the International Maritime Organization, a United Nations agency, is to …

The call to action to decarbonise shipping calls on governments to accelerate shipping ambitions to reduce emissions Clean technologies will play a critical role in improving engine efficiency and enabling clean fuel usage ABB has joined more than 155 companies calling on governments to help decarbonise shipping by 2050. IMO) …

Adani Ports, which is rapidly expanding its east coast network, will enter the maritime sector in West Bengal as it emerged as the top bidder to operate a berth in the Haldia Dock Complex, an official said Monday. Adani Ports and Special Economic Zone Ltd outbid city-based Ripley & Co …

Many export-dependent Asian countries are faced with delivery bottlenecks, power outages and other problems. Information released on Thursday showed that Japan’s factory production has slowed and expectations of China’s production have weakened. Japan’s Suzuki Motor Corporation was the latest automaker to freeze production lines for several days due to a …

October 1, 2021 The Pacific countries have joined their vulnerable Asian counterparts in decarbonising the shipping industry by 2050. Eleven climate-endangered Asian nations supported the Call of the Climate Vulnerable Forum to the International Maritime Organization, which plans a CO2 tax of 100 US dollars for shipping companies by 2025. …

Despite the impact of the pandemic, the maritime and shipping sectors kept trade in Fiji. Minister of Commerce, Trade, Tourism and Transport, Faiyaz Koya, said in his speech on World Shipping Day that seaports remained open during the pandemic and provided medicines, food and essentials. “As a result, the spirit, …

Maersk and CCS collaborate on decarbonization projects (file photo) Posted on October 1, 2021 3:49 PM by The maritime executive AP Moller – Maersk and the China Classification Society (CCS) have continued their efforts to be at the forefront of the shipping industry‘s decarbonization efforts and have signed a framework …

Oslo-based independent emissions monitoring service Siglar Carbon announced on Wednesday (September 29th) that it had the Siglar carbon estimator. The free tool models the CO2 emissions that are specific to each ship and voyage, and enables commercial shipping professionals to compare the carbon impact of their business decisions before entering …

Image courtesy Crowley Published 09/30/2021 3:19 PM by The maritime executive Offshore wind farm developer Vineyard Wind has announced an agreement with Crowley Maritime to build and operate a large offshore wind terminal in Salem, Massachusetts. The port would serve Vineyard’s “Commonwealth Wind” offshore wind farm proposal, and site development …

Keld Demant, CEO of the Bunker Holding. Photo credit: Bunker Holding Bunker holding actively looking for acquisitions with the larger bunker companies as well as players in the green energy sector, CEO Keld R. Demant told Ship & Bunker. “We have identified several goals and started discussions with partners. For …

Long Beach Port Executive Director Mario Cordero said the industry is in “crisis mode”. In September, debris broke several records at the ports of Los Angeles and Long Beach. Long Beach Port operates 24/7 hours of operation, but this may not be enough to combat the problem. Loading Something is …

Rotimi Amaechi Transport Minister Rotimi Amaechi said removing billions of naira worth of wreckage from the country’s waterways would bring more investment opportunities to the maritime sector. Amaechi explained this at the flag-off of the national wreck removal exercise along Badagry Creek in Lagos by the Nigerian Maritime Administration and …

Naval Postgraduate School tests maritime 5G solutions By Stephanie Kanowitz 09/28/2021 The Naval Postgraduate School (NPS) and AT&T will develop and test 5G and edge computing-based maritime solutions for potential use in national defense and home security. As part of a three-year joint research and development agreement, high-speed, AT&T 5G …

Highlights Hydrocarbons remain at the heart of BP’s strategy BP expands comfort and mobility business in new markets Collaboration is key to the industry’s net zero goals The COVID-19 pandemic has had a dramatic impact on energy markets and while there have been many challenges, it has also resulted in …

AIP is the latest phase in the Landmark project from ST Engineering, POSH, M1 Limited and ABS Published 09/27/2021 1:13 PM by The maritime executive [By: ABS] ABS has granted the technology basic approval (AIP) in an autonomous tug project by ST Engineering, POSH and M1 Limited. The Smart Maritime …

Cost co (NASDAQ: COST) recently closed its fiscal year 2021 in an impressive manner. The warehouse retailer exceeded Wall Street’s expectations for sales and profits despite several significant headwinds, including rising inflation and supply chain bottlenecks. On a conference call with Wall Street analysts, executives broke these hits and misses …

CLARKSBURG, W.Va. (WV News) – Analysts predicted a supply bottleneck this Christmas season coupled with a shortage of retail workers, which could lead to higher prices, less variety and delivery delays. The supply chain slowed across the board in the United States in 2021. These complications have caused several problems, …

The federal government has announced that it will open up Nigeria’s maritime sector to investment opportunities to reduce bottlenecks in this sector, including wrecks along the streams. This was announced by the Minister of Transport, Mr Rotimi Chibuike Amaechi, on Friday in Lagos at the official start of the removal …

The Vice President of the Ghana Institute of Freight Forwarders, Johnny Mantey, has urged shipping companies operating in Ghana to adhere to the principles of Instrument 2190 in their fees and practices. The Ghana Shippers’ Authority Regulations 2012 (LI 2190) is the legal framework that obliges the GSA to regulate …

Japan’s NYK Line invests in Australian Integrated Carbon. Photo credit NYK / AIC Japan‘S NYK line agreed to invest in Australian Company for CO2 certificates Australian integrated carbon (AIC) as part of efforts to decarbonise the shipping industry. AIC sells carbon credits acquired through jungle restoration projects. NYK will jointly …

Model of the MS Estonia (Leif Jørgensen / CC BY-SA 4.0) Published 09/23/2021 11:00 PM by The maritime executive Relatives of Estonia Ferry disasters have organized a privately funded expedition to search for clues about one of the maritime industry’s deadliest peacetime tragedies. Over the weekend, 46 people left the …

Save in reading list Published by Sarah Smith, Editorial assistant LNG industry, Thursday, September 23, 2021 3:04 PM At Gastech 2021 in Dubai, GTT and the ship architecture and engineering office Deltamarin received an Approval in Principle (AiP) from the classification society American Bureau of Shipping (ABS) for their new …

Los Angeles, AP The bill updates the Liability Limitation Act of 1851, which allows boat owners to limit liability to the value of shipwrecks. In the case of the conception, a submersible in which Inferno held 33 passengers and a crew member in the bank room below deck. The boat …

Image courtesy of IMO Published 09/21/2021 11:33 PM by The maritime executive The percentage of seafarers who have received a full course of a COVID-19 vaccine is improving, according to the latest figures released by the Neptune Declaration’s Crew Change Tracker. In September, about 22 percent of the world’s 1.4 …

At this point, the insanely unpredictable Delta variant has changed the expected course of the coronavirus pandemic so much that it can be difficult to know exactly what to wait for, or if you should wait at all. Is something like earlier normality still to come or will the Americans …

On September 15, the International Maritime Week (LISW) conference was held, where some of the major shipping industry stakeholders met at the headquarters of the International Maritime Organization (IMO) to discuss issues related to the sector. During the eight-hour conference, the panelists focused on a variety of issues including the …

Installation of Ocean Farm 1, 2017 (file courtesy of SalMar) Published September 20, 2021 3:01 PM by The maritime executive Light Structures AS, a provider of trunk stress monitoring systems, is introducing a novel application of its advanced technology. Its fiber-optic systems provide the navigators on the bridge with the …

CEO and Managing Director of Carbon Neutral Shipping, David Aherne Across the Ocean Shipping launches Carbon Neutral Shipping: a website that enables shipping companies to offset the CO2 emissions caused by sea and air freight Shipping and transport contribute enormously to CO2 emissions; It is therefore up to us, as …

The industry’s ability to comply with pollution and climatic conditionsTThe change goals require a new, technology-driven approach, writes Peter Georgiopoulos, chairman of the tanker owner United Overseas Group. CO2 pricing, emissions trading, EEXI, CII, The Poseidon Principles, Getting to Zero and The Sea Cargo Charter. The regulators come for shipping …

Ports are in arrears. Record numbers of ocean liners are there waiting for berths offshore to unload their cargo. Shipping containers are nowhere to be found. Captains reroute their ships to avoid Ports closed due to coronavirus outbreaks. And for many of the largest shipping companies in the world, profits …

President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cypriot Shipowners Association in Athens. Anastasiades underscored the contribution of shipping to the Cypriot economy by saying that it represented 7 percent of the country’s GDP and that the Cypriot flag merchant fleet had …

Global Ship Lease (GSL) closed the last trading day at USD 24.47, down -1.05% from the previous trading session. That change fell short of the S&P 500’s loss of 0.91% that day. Today, the container ship owner‘s shares were up 33.03% last month. At the same time, the transportation sector …

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Here is today’s recap of AdExchanger.com news … would you like it to be emailed? Register here. Story of two internets The privacy policies of Apple and Google have created distress for advertisers and could reshape the Internet itself. The New York Times reported. Audience targeting technology (i.e., site tags …

HOUSTON – (BUSINESS WIRE) – FUELTRAX, the leading provider of Electronic Fuel Management Solution (EFMS) for offshore vessels, has partnered with Topl, the company that built the Topl blockchainto use Topl’s Blockchain-as-a-Service (BaaS) platform to meet the growing demand for more transparency in energy trading. With Blockchain integrated into EFMS …

Resilience4Ports: Gates to a Resilient Future Features in the new film Dr. Juliet Mian explains resilience4ports The resilience of the port infrastructure system is complex The Resilience Shift advocates resilience4ports in a new film, Gateways to Growth, the UK Chamber of Shipping and the British Ports Association. Our ports are …

The peak shipping season began with a roar, lifting Long Beach Harbor to the busiest August ever. Dock workers and terminal operators moved 807,704 TEU container freight last month, an increase of 11.3% compared to August 2020. Imports rose by 11.7% to 407,426 TEU and exports fell by 5.3% to …

Car transporters and container ships are among the categories that are increasingly ordering LNG-powered ships (IMO file photo) Published September 7, 2021 7:46 PM by The maritime executive SEA-LNG, the industrial coalition formed to promote the advancement of LNG, released an analysis of the new shipbuilding orders as an opportunity …

File image (public domain) Published 08/22/2021 6:42 PM by The maritime executive The UK sees itself as a world leader in climate change and is showing the way with an impressive roadmap to reduce its greenhouse gas emissions. It was the first country in the world to set legal targets …

F.At first there were empty supermarket shelves and a “pingdemic” shortage of staff, now Nandos has no more chicken and the auto industry no longer has any chips. An unusual situation for a country that was supposed to return to normal a month ago. After most of the pandemic restrictions …

Amid the economic disruption from Covid-19, world trade held up relatively well overall in 2020 and gained strength in 2021. corresponding a report by the United Nations Conference on Trade and Development (UNCTAD). The latest edition of the World Trade Organization (WTO) goods trade barometer hit a record high. The …

You will have a hard time finding a tire dealer who is not in some way affected by the ongoing shipping crisis. From prolonged delivery delays to sky-high freight rates, the slowdown continues to throw a wrench into supply chains – and many merchants are shouldering the burden. What is …

The first project will electrify a 30-person ferry (Keppel) Published August 6, 2021 5:51 PM by The maritime executive A coalition of companies, research institutes, government agencies and a classification society plans to work together to develop Singapore’s first comprehensive supply chain for electric ships, which they believe can become …

Frosted leaves and coffee cherries hang on coffee plants that were affected by frosts when a severe cold snap hit the south of Brazil’s top producer state Minas Gerais in Varginha, Brazil, on July 30, 2021. REUTERS / Roosevelt Cassio LONDON, Aug 6 (Reuters) – The most devastating frost in …

Pune, India, August 05, 2021 (GLOBE NEWSWIRE) – The global ocean-going market will gain momentum with ongoing innovations in the shipping industry to improve energy efficiency. As a result, companies are quickly switching to environmentally friendly hybrid propulsion systems to reduce costs and efficiency. Fortune Business Insights â„¢ compiles this …

A Rolls-Royce logo is seen at the company’s aerospace engineering and development site in Bristol, United Kingdom, on December 17, 2015. REUTERS / Toby Melville / File Photo LONDON, Aug 3 (Reuters) – U.K. Rolls-Royce (RR.L) is in advanced talks about the sale of its Norwegian marine engine maker Bergen …

File image Published July 23, 2021 1:41 PM by The maritime executive According to a new study by BloombergNEF, the shipping industry must switch to ammonia as the main fuel source in order to meet decarbonization goals and achieve the goal of zero carbon emissions by 2050. In its latest …

Hong Kong-based technology consortium Global Shipping Business Network (GSBN) has launched its first blockchain-enabled application, Cargo Release, in China. Cargo Release uses blockchain technology and offers a paperless, transparent solution that connects all parties involved in the import port, including shipping companies, consignees, their agents and terminals. By eliminating the …

LONDON / SINGAPORE – “I’ve seen grown men cry,” says Captain Tejinder Singh, who has not set foot on dry land in over seven months and is unsure when he will go home. “We are forgotten and taken for granted,” he says of the plight facing tens of thousands of …

China promotes the new tanker as one of the most efficient VLCCs (China Classification Society) Published 07/19/2021 8:17 PM by The maritime executive As the newbuilding market continues to heat up and orders are rapidly ahead of the last few years, Chinese officials are promoting their successes with an order …

MSC The Methanol Institute (MI), a global trade association focused on the future of fuel, has welcomed two more shipping giants as its newest members: the MSC Group and Oldendorff Carriers. MSC and Oldendorff are joining a growing list of shipping companies actively exploring the use of methanol as a …

On July 9, 2021, President Biden issued the “Executive Order on Promoting Competition in the American Economy”. Outside of the business press, there hasn’t been much media coverage of it because the order is lengthy and, rather than announcing a new law, it mainly focuses on telling its agencies to …

So far, shipping has been able to bypass the upheaval that ESG could bring to key stakeholders. The industry has yet to really grapple with this, especially the social element, argues Frank Coles. While corporate social responsibility (CSR) is about corporate accountability, the environment, social and governance (ESG) go much …

Uber Freight announced Thursday that it has expanded to include freight traffic with less than truckloads. “Our vision is to become a one-stop-shop for freight,” Michael Bailey, product manager for Uber Freight (NYSE: UBER) told FreightWaves. “Shippers can come to us for any type of goods, in any form, at …

Whether you are buying a new addition to your car collection online or moving to another state, you are probably thinking about driving a vehicle yourself because you think it can be cheaper and you will have a lot of fun while driving. But unfortunately the reality is the opposite …

Seafarers’ vaccinations around the world are happening too slowly to prevent outbreaks on ships from causing further trade disruptions, endangering maritime workers and potentially holding back economies as they try to break out of the pandemic slowdown. Infections on ships could further damage already strained global supply chains, especially as …

Technology group Wärtsilä, a pioneer in making LNG profitable as marine fuel, will supply the main and auxiliary engines as well as the fuel storage and supply system for a new Italian ferry designed to run on LNG. Wärtsilä’s extensive experience with LNG applications and its broad portfolio of related …

The UK’s leading sea rescue charity has vowed to continue rescuing anyone in danger at sea, despite provisions in draft legislation that lawyers say could threaten volunteers with life imprisonment for accepting asylum seekers. The Royal National Lifeboat Institution issued the statement after immigration lawyers warned that Clause 38 of …

SALUTE The Philippine Merchant Marine Academy’s Midshipmen Corps is on a necrological duty for Midshipman Cadet 4th Class Jonash Bondoc, who died of a head injury after allegedly being hit by an upperclassman Tuesday. The urn containing Bondoc’s ashes was flown to Butuan City by his parents on Thursday. —Photo …

Singapore’s maritime sector will work with global players to vaccinate international seafarers, Chief Minister of State for Transport Chee Hong Tat said yesterday. A separate pool of vaccines outside of the national supply is used for vaccination in Singapore’s ports and could include vaccine types not currently in the national …

The emerging zero-emissions shipping company SAILCARGO INC was selected as one of the speakers at “SHIP ZERO – Charging to ‘True Zero”, a three-day workshop designed as an opportunity for the international shipping industry to offer a course on true zero emissions for trans – ocean shipping. This event is …

For immediate publication Chicago, IL – July 6, 2021 – Zacks.com announces the list of stocks featured on the Analysts Blog. Every day, the analysts at Zacks Equity Research discuss the latest news and events that affect stocks and the financial markets. Stocks recently featured on the blog include: Continental …

Østensjø is equipping its new offshore ship to use the hydrogen carrier (Østensjø) Posted on July 5, 2021 5:09 PM by The maritime executive A new Norwegian-German partnership is proposing a zero-emissions shipping solution based on a liquid organic hydrogen carrier that they believe can revolutionize the use of hydrogen …

What happened Shares in Castor Maritime (NASDAQ: CTRM) had that sinking feeling again in June, falling another 14.6% after being torpedoed with a 39% decline in May. However, that decline actually came after the month of its first quarter earnings report started with a 19% gain, showing that it has …

share0 Deputy Minister of Shipping Vassilis Demetriades is paying an official visit to Athens from Sunday to Tuesday. “I will travel to Athens to discuss the current challenges facing shipping with my Greek counterpart in order to further strengthen bilateral cooperation and to step up efforts to achieve the goal …

The Dutch investment and consulting company Zuyderzee Capital has founded a joint venture with the former DVB Bank investment managers Edwin Jager and Roland Rutgers van Rozenburg to offer ship investment management. The new entity, named Zuyderzee Shipping & Intermodal Investment Management, sees Jager and van Rozenburg as directors who …

This is an excerpt from Medically Necessary, a newsletter for the healthcare supply chain. Subscribe here. The request: Last week, AdvaMed, the lobby group for the medical device industry, sent a letter to the White House urging the Biden government to prioritize shipping medical devices in crowded ports. The letter …

The 48 rating Investor Watchers Shares in Eagle Bulk Shipping Inc. (EGLE), it is near the center of the shipping industry. In addition to a rating of more than 50 percent of the shares in the shipping industry, EGLE’s overall rating of 48 means that the share performs better than …

Mumbai, June 27th (PTI) Two of the country’s shipping associations, the Maritime Union of India (MUI) and the Maritime Association of Shipowners, Shipmanagers and Agents (MASSA), have asked the ports and the Department of Shipping to open an exclusive exhibition pavilion on the merchant marine theme in the upcoming National …

News, local news, The priming of the giant container ship “Ever Given” in the Suez Canal in March 2021 brought the mostly hidden nature of the shipping industry into focus. Shipping’s carbon dioxide emissions per tonne-mile are among the lowest of any cargo option, but in the large quantities carried, …

Zegeba’s digitized documentation service is now available on the Kognifai marketplace Published June 24, 2021 4:07 PM by The maritime executive Kongsberg Digital has signed a partnership agreement with Zegeba, a software company that offers a digitized service for manual documentation processes in the maritime industry. With the addition of …

According to the Food and Agriculture Organization of the United Nations, the Philippines is the 10th largest producer of marine catches in the world with an average production of 2.156 million tons from 2005 to 2014. This is due to the country’s vast aquatic resources, which include 2.2 million square …

Cutting-edge technological innovations enable shipping to meet its decarbonization goals, and as Daniel Saunders and Mark Tooke from WFW explain, ship owners are also beginning to join the ranks of “tech investors”. It’s a familiar daydream for people around the world – imagining the exciting new technology that the future …

Published June 21, 2021 4:11 PM by The maritime executive [By: SQLearn] Known for its creative spirit and innovative training tools, SQLearn, the Greek company with exclusive e-learning expertise, spreads wings in the fascinating world of virtual reality. The company, which has long been present with effective training solutions for various …

When it comes to initiating the energy transition, maritime policy is one of the central battlefields. But many ports, aware of their ecological and economic vulnerability, have committed to sustainable development strategies. According to the latest research, sea levels will rise significantly (from an average of 1.1 meters to 2 …

There isn’t a single solution to address shipping delays around the world, Flexport CEO Ryan Petersen told CNBC on Friday. Petersen said his company is using machine learning to fit more items into each container, which leads to some improvement. However, until the flow of goods falls below normal pre-Covid …

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The loss of shipping containers at sea is a significant problem for the industry – an average of 1,382 shipping containers are lost at sea each year, according to the latest figures from the World Shipping Council. However, more than 3,000 containers were lost in 2020 alone, including a ship …

Shipping stakeholders have expressed disappointment with an International Maritime Organization agreement that sets out measures to reduce greenhouse gas emissions by the end of 2026. But maritime industry players told TradeWinds the decision will allow the debate to move to more ambitious targets and to other parts of the CO …

CHICAGO, June 16, 2021 / PRNewswire / – Loadsmart, a digital freight technology company, today announced the release of its Data Insights offering, which empowers shipper operations with a robust, enterprise-class data infrastructure. By building the digital pipes that connect supply and demand in the freight market, Loadsmart is uniquely …