There are at least a few hopeful signs that seaborne exports of Ukrainian grain could resume within days. Under a deal brokered by Turkey on July 22, bulkers will be escorted to
Maersk has successfully completed the first India-Bangladesh cross-border logistics of containerized cargo using the inland waterways of the Indo-Bangladesh Protocol Route. By transporting 50 TEU containers for Coca-Cola Bangladesh Beverages from Kolkata
The Council of the EU said today that, in an effort to increase EU security of energy supply, member states have reached a political agreement on a voluntary reduction of natural gas
The Australian Maritime Safety Authority (AMSA) has banned the Liberian-flagged oil tanker AG Neptune from Australian ports for six months for breaches of the Maritime Labor Convention (MLC). According to the Equasis
New York City headquartered Foremost Group yesterday signed an order with Namura Shipbuilding for two new 185,000 dwt capesize dry bulk carriers that will be among the most eco-friendly in the world.
Fort Lauderdale, Fla., headquartered maritime healthcare specialist Vikand Solutions LLC has appointed Arnaud Bastianelli as director, marketing and communications. Bastianelli comes to Vikand with experience from industries including tourism, food safety and
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business provided $80 million to refinance two Korean-built containerships operated by Seamax Capital. Founded in 2012 to make investments
Ever since the age of sail, cargo ships have followed the same operational practice: “sail fast, then wait” (SFTW). Ships sail to their destination at their service speed, without regard for the
Though the latest meeting of IMO’s Marine Environmental Protection was widely criticized for taking “just baby steps” on decarbonization, some of those steps still place a significant compliance burden on shipowners. For
Another major player is working around the logjams in the container shipping business by securing its own ships — and using general cargo vessels to carry containers. Lowell, Ark., based J.B. Hunt