Liberian Registry names new Vice President of Technical at Miami office
The Liberian ship registry announced the appointment of Frank H. Marmol as Vice President of Technical at its Miami office, effective January 2025. Bringing over 30 years of experience in the international maritime industry, Marmol is expected to add extensive expertise to the organization. Throughout his career, Marmol has held key leadership positions, including Executive […]
Iquique Terminal Internacional to invest in port equipment
Chile’s Iquique Terminal Internacional (ITI) plans to invest nearly US$15 million in upgrading its port equipment in 2025. This investment aligns with the concessionaire’s strategy to reinforce its position as a multipurpose port terminal, expand into new markets, and grow its customer base. During the first half of the year, ITI, which handled a total […]
Why Sourcing Engineering Supplies Locally Makes Sense
The country’s industrial success relies heavily on quality engineering supplies. From major construction projects in Sydney to advanced manufacturing in Perth, having the right tools and materials is critical. While global supply chains have long been a staple of procurement strategies, the advantages of sourcing engineering supplies locally have become increasingly apparent. The Role of […]
Panama Canal under U.S. Senate discussion: A Strategic Lifeline for National Trade and Security
On January 28, 2025, the U.S. Senate Committee on Commerce, Science, and Transportation, chaired by Senator Ted Cruz, convened a hearing titled “Fees and Foreign Influence: Examining the Panama Canal and Its Impact on U.S. Trade and National Security.” The session underscored the Panama Canal’s pivotal role in U.S. commerce and addressed concerns over rising […]
Top 10 Shipowning Nations by Total Asset Value for 2024
Utilizing the VesselsValue database, we’ve reviewed the total asset values for vessels by beneficial owner country to determine this year’s top 10 shipowning nations. From Japan’s resolute leadership in the top position with a US$206.3 billion fleet to the emergence of Hong Kong at US$44.7 billion, the asset values and ownership strategies have changed considerably […]
Ocean enters LNY-slump, but tariffs on the horizon
Lunar New Year (LNY) begins today (29 January), and as manufacturing and logistics have slowed down in the past week or so, ex-China ocean rates – that had climbed earlier during the pre-holiday rush – have also eased. Asia-Europe prices started climbing earlier than usual this year as shippers on these lanes accommodate longer transit […]
Vietnam Picks Up Pace in Becoming Key Global Shipping Player
Amid intensifying trade tensions between China and the United States, countries, like Vietnam, are stepping up to redefine themselves as alternative trading hubs, thereby reshaping the global maritime trade landscape. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If […]
d’Amico fixes five tankers
Italian product tanker owner and operator d’Amico International Shipping (DIS) secured employment for five of its vessels. The Milan-listed company’s Irish-based d’Amico Tankers has fixed four handysize vessels through new deals and extended the charter of one of its MRs. The charterers and financial terms were not disclosed, but DIS said deals had been struck […]
CULines pursues Amazon for Covid era contract violations
China United Lines (CULines) has filed a case against Amazon with the Federal Maritime Commission (FMC) for alleged breaches of contract during the critical post-pandemic period. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you liked this post, […]
Bounty for Taiwanese box lines’ staff as 2024 brings remarkable profits
Employees of Taiwan’s Big Three liner operators—Evergreen Marine Corporation (EMC), Yang Ming Marine Transport and Wan Hai Lines—have received a welcome Chinese New Year gift—abundant bonuses. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you liked this post, […]