Maersk sees record earnings continuing into 2022
A.P. Moller – Maersk (Maersk) has delivered on the strong profits guidance it gave back in January. Today, it reported record earnings for 2021: Revenue was up 55% to $61.8 billion, EBITDA
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Ocean Shipping Reform Act introduced in Senate
Frustration with port delays and supply chain disruptions saw ocean shipping reform legislation pass the House by a bipartisan vote of 364-60 last December. Now similar legislation has been introduced in the
Refloated after grounding, Maersk Mumbai heads for Bremerhaven
The Maersk containership Maersk Mumbai, which grounded on the approach to Bremerhaven, February 2 has been refloated. The operation was coordinated by Germany’s Central Command for Maritime Emergencies (Havariekommando), which said that
10 minutes with Russell Shrewsbury, VP of Western Towboat
As we approach TTB 2022, the industry’s only maritime event dedicated exclusively to the tug, towboat and barge sector, we wanted to talk to a provider of custom-built and designed tug and
Scrapping: Tankers dominated 2021 demo numbers
Online valuation and market intelligence provider VesselsValue says that 2021 saw significant trends and changes in the shipping industry that combined to result in a diverse demolition market. Last year saw 704
Port NOLA reaches cargo and terminal milestones
The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo,
Port of Virginia orders 3 more Konecranes rail-mounted gantry cranes
Following its successful deployment of four Konecranes rail-mounted gantry (RMG) cranes at the Virginia International Gateway (VIG), the Port of Virginia has now ordered three more for its Norfolk International Terminals (NIT)
Master Boat Builders featured on Discovery’s hit series “Dirty Jobs”
As Mike Rowe, host of Discovery’s popular reality series “Dirty Jobs” always says, “it’s a dirty job, but somebody’s got to do it.” And at shipyards, such as Coden, Ala.-based Master Boat
WasteFuel launches bio-methanol marine fuel solution
California-based biofuels start-up WasteFuel has launched WasteFuel Marine, a renewable fuel solution for the shipping sector. Perhaps not surprisingly, given that Maersk is an investor in the company, WasteFuel Marine’s initial product
Op-Ed: Using data for less congested, more sustainable ports
By David Yeo, Founder and CEO of Innovez One The phrase “think globally, act locally” couldn’t ring more true when it comes to tackling some of the most critical challenges faced by