The U.S. Coast Guard is warning maritime companies of the cybersecurity threat posed by recent People’s Republic of China (PRC) sponsored cyber activity seen across U.S. critical infrastructure, including the Marine Transportation
ExxonMobil has signed an agreement to supply Hapag-Lloyd with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. B30 blends contain 30% biofuel and 70% fuel oil. “This agreement and delivery marks
By Edward McNamara, CEO of Armada Risk Partners, a Cleveland U.S.-based port insurance broker One of the biggest challenges to the marine industry post-COVID is that the marine insurance industry is more
An offshore supply vessel (OSV) engine room fire last year was caused when an incorrectly sized bearing led to an engine failure, the National Transportation Safety Board says. On May 27, 2022,
At its general meeting in Hong Kong today, BIMCO, the world’s largest shipping association, elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as its president. Moving into the role
By eliminating unladen voyages by single-purpose tankers and dry bulkers, combination carriers already deliver major energy savings. Now Oslo-headquartered Klaveness Combination Carriers (KCC) says that these can be increased. Through a subsidiary,
Two ocean common carriers — ONE and Wan Hai — have paid a combined total of $2.65 million in FMC civil penalties to resolve allegations of misconduct brought by the Federal Maritime
By Dr. Robert Moorcroft, Carbon Reduction Scientist, Tunley Engineering The Detroit/Wayne County Port Authority in Michigan has initiated a 12-month project to reach net zero carbon emissions for port activities by 2040,
With a continuing world shortage of seafarers, promoting gender diversity and equality in the maritime industry is receiving increasing attention, not least at the International Maritime Organization, which today, May 18, is
Maria Tierney, Senior Key Account Manager, Global Accounts at KPI OceanConnect in Houston, presents her views on the current marine fuels market, including counterparty risk assessment in this multi-dynamic market and the