Chilean authorities said on Wednesday they were investigating a violent heist in Chile's main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.Juan Carlos Catalan, the local prosecutor…
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Callan Marine Hires Broussard as Business Development Director
Galveston, Texas based dredging and marine construction company Callan Marine announced it has hired Marc Broussard as its new director of business development.
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Eagle Bulk Trials Biofuels
U.S.-based dry bulk shipowner Eagle Bulk Shipping on Wednesday revealed it recently tested biofuels as a means to reduce carbon emissions from its vessel Stamford Eagle.The voyage, completed on GoodFuels' MDF1-100 sustainable biofuel, provided…
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Freeport LNG May Extend Texas Plant Restart to February
Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export plant in Texas to February, as it awaits regulatory approvals, three sources told Reuters on Wednesday.Accounting f...
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Techcross Reports Strong Start to 2023
South Korea-based Techcross reported it has started off 2023 strong with its first order in a new business area.The company, widely known for its ballast water management systems (BWMS), in 2022 expanded its product lineup to include a tank…
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Ingalls Promotes Nastasi to VP
HII announced on Wednesday that its Ingalls Shipbuilding division promoted Kimberly Nastasi to vice president of the newly formed integrated communications and stakeholder engagement department. This new department will enhance communication…
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Elizabeth Klein Named BOEM Director
The U.S. Interior Department on Tuesday named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head the bureau that oversees offshore oil, gas and wind development.Klein will take over for the current head of the Bureau...
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Dry Bulk: Panamax Rates Hit Lowest in Two Years
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Tuesday, on lower rates for all vessel segments as panamaxes hit their lowest level in two years.The overall index, which factors in rates ...
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US Container Imports Retreat to Pre-pandemic Level
U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday.Demand for kitchen appliances, furniture, big-screen TVs, apparel and other…
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UK Navy Rescues Five from Sinking Tug
Five mariners were rescued by the crew of a U.K. Royal Navy patrol ship after their tug started to sink in rough seas last week in the Caribbean.The oceangoing tug began taking on water after suffering an engine failure some 20 miles west of Sint Maarten.
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