After declining to take enforcement action to halt Gazprom’s Nord Stream 2 pipeline, U.S. Secretary of State Antony Blinken told Congress Monday that “the physical completion of the pipeline was . . . a fait accompli.” The acknowledgement appears to mark the end of American efforts to halt the pipeline, as Blinken pointed to alternate measures […]
As a new demonstration of the continuing pressures on the offshore oil sector, drill operator Transocean announced that it has agreed to delay delivery of its two new ultra-deepwater drillships and defer payments to the shipyard. The company also reported that it has reached new financing terms with the shipyard to improve its balance sheet, […]
An innovative liquefied natural gas (LNG) fuel tank system developed by Newport Shipping for crude tankers and bulkers has gained a key preliminary class approval to facilitate retrofits of such vessels in line with new environmental requirements to cut maritime emissions. The approval-in-principle (AIP) from classification society DNV affirms the technical feasibility of the […]
Unique cargoes require special attention, collaboration and communication, along with the assets and resources to ensure safe and efficient handling. The Port of Olympia prides itself on moving challenging and unique cargoes and has a long track record of success in this field. As described in The Maritime Executive Magazine in May, the Port of Olympia’s […]
Reports show typical savings around 5%, and in some cases up to 10% fuel savings could be achieved simply by giving the bridge team real-time fuel consumption data, says Jacob Grieg Eide, Chief Business Officer of ScanReach. The Norwegian company has developed the world´s first wireless IoT platform that provides needed onboard wireless connectivity (OWC) […]
I have talked in previous articles about the fact that Ship Management has become a very commoditized service where the cut-throat competition makes it increasingly harder to grow steadily, stay profitable & sustainable, and provide high-quality services. All these sound like a lot for companies that must work hyper-hard to keep themselves in business. What […]
Aviation Horizon has signed a global cargo general sales agency contract with Air One Aviation to support its launch venture into the all-cargo market for regional 737 freighter services. The Saudi-based private jet operator has taken delivery of its first Boeing 737-400SF conversion and two more are due to join its fleet in the next […]
The British International Freight Association (BIFA) is advising its members to be very careful with any business that they are offered from traders that have taken advantage of HMRC’s Delayed Declaration Scheme, but which have not taken out a CFSP authorisation in their own right and are now trying to find a Customs Agent to […]
Chicago Rockford International Airport is celebrating numerous initiatives that have positively impacted jobs, enhanced the region’s reputation and further driven the area’s economic development efforts. Among the many projects the Airport and its partners have announced and/or achieved in just the past few months include the construction of the new $50 million international cargo centre, […]
Peak Group is establishing its own forwarding company, K2 Project Forwarding AS, which will be a joint investment with deugro group. Consisting of highly experienced personnel with a long personal track record from national and global projects, it will act as an independent project freight forwarder in Norway. K2 Project Forwarding AS (K2) has been […]
Bolloré Logistics announce the appointment of Julie Pirola as food & reefer product manager. This appointment is part of the company’s strategy to grow the food and reefer vertical in China. Julie is based in Shanghai and reports directly to Jean-Philippe Retif, commercial director of Bolloré Logistics Greater China. “Our ambition is to convert this […]
dnata has partnered with Kale Logistics Solutions to develop a next-generation e-Commerce platform for the cargo community in the UAE. The partnership will see the two companies take dnata’s existing platform, CALOGI to a new level to provide best-in-class, one-stop services, including appointment and customs services management, to customers through advanced digital solutions. dnata launched […]
