Monthly Archives: March 2023

Peter Twiss, the longtime president and CEO at German shipowner Oldendorff Carriers, has decided to step down after nearly 28 years with the company. Twiss is succeeded by longtime employee Patrick Hutchins.Twiss’ career started at Concept Carriers in ...

Markey Machine said it recently won an order for a set of split mooring winches and an anchor windlass to be installed on board one of Crowley’s ATB barges Oliver Leavitt. The winches replaced a set of electric mooring winches.The ATB, including tug Av...

Armach Robotics, Inc. announced the launch of EverClean - a new service delivering always clean hulls for ship owners and operators, with the added value of perpetual hull condition monitoring.Following a successful period of demonstrating the…

U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts to the global benchmark and weaker oil demand by U.S. refineries.Record exports to Europe and China this month…

Global freight movements continued to dwindle in the first two months of 2023 as manufacturers and distributors struggled to reduce excess inventories and cope with rising interest rates and increased caution among buyers.Container flows fell…

U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities…

Shipping and logistics company Samskip said it is “venturing into zero-carbon, emissions-free shipping” through the operation of two hydrogen powered, autonomous-ready vessels from Indian shipbuilder Cochin Shipyard Ltd.The containerships were…

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, announced the receipt of several major dredging awards totaling $138.8 million.The awarded work includes Trujillo Alto Design and Build for the Lago ...

A derelict tugboat began taking on water and sank Monday morning in Salmon Bay near Ballard in Seattle.The vessel, which had been abandoned for a number of years, was moored at a dock just east of the Hiram M. Chittenden Locks and tied off to…

Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy…