Car carrier ordering boom ends as overcapacity fears grow
The once red-hot car carrier newbuilding spree is showing clear signs of cooling, with overcapacity concerns now looming large across the pure car and truck car...
Shipping News
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Sorfleet retires at CSX; Chand new CAO
CSX has announced the retirement of Chief Administrative Officer Diana Sorfleet and the appointment of Riz Chand as chief human resources officer.Sorfleet retir...
Cavotec supports first shore power car carrier in Europe
Cavotec has supported a major milestone in European port electrification with the first-ever shore power connection of a car carrier at a European port.The oper...
65,000 new visas, but can trucking touch them?
WASHINGTON — A new temporary rule issued by the Department of Labor has unlocked nearly 65,000 supplemental H-2B visas to help seasonal industries –...
Maersk and Hapag-Lloyd to route one Gemini service through Red Sea and Suez Canal
Maersk and Hapag-Lloyd have decided to reroute one of their jointly operated services under the Gemini Cooperation through the Red Sea and the Suez Canal, marki...
AD Ports Group signs heads of terms to explore development in Matadi Port
AD Ports Group announced the signing of Heads of Terms with the Democratic Republic of Congo’s Ministry of Transport, Communications, and Opening Up for the d...
The Port of Liverpool welcomes record ADM shipment from the US
The Port of Liverpool has received its largest ever shipment from ADM, marking another major milestone for the port’s bulk handling capability and its role in...
IMO advances wind propulsion framework
BAR Technologies has welcomed the International Maritime Organization’s (IMO) decision to include wind propulsion in its draft safety framework for greenhouse...
MPC Capital and Morten Astrup roll out new shipping investment platform
German asset manager MPC Capital has teamed up with Norwegian investor Morten Astrup’s Storm Capital Management to launch a new shipping investment platform, ...
Eni taps Shearwater for Timor Sea 3D seismic survey
Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a 3D seismic acquisition contract by Italian energy giant Eni for work in the T...
Guilty verdict in high-profile North Sea crash case
A jury at the Old Bailey in the UK found Russian captain Vladimir Motin guilty of manslaughter by gross negligence after his containership, Solong, ploughed int...
Costamare Bulkers finds buyer for its oldest ship
Costamare Bulkers, the New York-listed outfit operating out of Monaco, is picking up the pace on its fire sale as the owner looks to cash in ahead of Chinese Ne...