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David Clark Company is best known within the marine market for its wireless and digital headset workboat crew communication systems – the Series 9900 Wireless Marine Headset System and the Series 9100 Digital Marine Headset System. The company has over 20 years of experience designing and manufacturing boat crew communication solutions for a variety of workboats, e.g., patrol boats, fire/rescue craft, and offshore service vessels.But you may not know that David Clark Company started…

Stolt-Nielsen said that, after 23 years as Chief Executive Officer, Niels G. Stolt-Nielsen will step down from his role as CEO on September 1, 2023, and will assume the role of Chairman of the Board of Stolt-Nielsen Limited. He will be succeeded as CEO by Udo Lange.Lange, who will join Stolt-Nielsen as Chief Executive Officer on September 1, 2023, has more than 20 years of experience in the international trade industry, with expertise in freight forwarding, express and parcel logistics and airline catering.

Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal's final push to become the world's first zero-emissions facility will serve as a bulwark against lost jobs in an era of energy transition and increasing automation. The money from U.S. President Joe Biden's administration for Long Beach Container Terminal's purchase of 60 electric yard tractors that haul shipping containers from stacks to waiting trains comes with strings attached…

Cruise operator Carnival Corp on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by strong demand for leisure travel, higher ticket prices and strong on-board spending.Cruise operators like Carnival, Royal Caribbean Group and Norwegian Cruise Lines Holdings are reporting resilient demand from cooped-up consumers undeterred by elevated inflation as COVID-19 pandemic-related restrictions ease."We are still experiencing a record wave season…

The airline industry has been hit hard during the COVID-19 pandemic and seaborne jet fuel cargo volumes suffered along with it. In comparison to pre-pandemic levels, available seat kilometers dropped nearly 90% in early 2020. Initially, air cargo volumes fell as well but saw volumes climb 5-10% above pre-pandemic levels in 2021. During 2022, the surge in cargo volumes slowed along with global economic growth prospects whereas passenger traffic continued to recover. Now, the relaxation…

Cruise operator Royal Caribbean Group (RCL.N) on Thursday reported a smaller-than-expected quarterly loss as bookings rebounded and travelers splurged on cabanas, spa treatments and watches while onboard.The world's second-largest cruise line operator is the latest company to report good results as travelers, free of restrictions related to COVID-19, spend heavily on rental cars, airline tickets and hotels."Despite concerns about the U.S. and global economy, high inflation and amid geopolitical uncertainty…

Stena Line reports that its travel business bouncde back in Britain and Ireland in 2022, with figures for the first half of the year show that passenger numbers are back to pre-pandemic levels, while car numbers in particular are far higher than in 2019.The increase in the number of cars is most striking on the Irish Sea, driven by the fact that the cost of car hire in Ireland isthe highest in Europe, driving people to instead travel by ferry and take their own cars to either Belfast, Dublin or Rosslare.

CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market.French-based CMA CGM, one of the world's largest container lines, reported a net profit of $7.2 billion for the first quarter, up from $2.1 billion in the year-earlier period and also surpassing $6.7 billion posted for the last quarter of 2021.An economic rebound following the initial impact of the COVID-19 pandemic sent freight rates soaring and left shipping capacity stretched.At CMA CGM's main ocean shipping business…

French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo partnership, betting on growing demand for flying goods around the world as supply chains remain snarled in the wake of the pandemic.CMA CGM will take up to 9% of Air France-KLM, worth about 240 million euros ($252 million) based on Tuesday's closing price, part of a possible capital increase by the airline group for the duration of their partnership that is initially set to run for 10 years…

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.In response, a growing group of startups and established logistics firms has created a multi-billion dollar industry applying the latest technology to help businesses minimize the disruption.Interos Inc, Fero Labs, KlearNow Corp and others…

Sixty-five years after Aristotle Onassis founded Greece's Olympic Airways, another shipping entrepreneur is planning to take to the skies - this time in Italy, where Gianluigi Aponte's MSC has its sights on the successor company to Alitalia.The 81-year-old, known as "the captain" after building his shipping empire from a single vessel, is hoping to forge an air freight and passenger business to dovetail with MSC's sea cargo and cruise operations.But there are big challenges.Alitalia stumbled for years…

German shipping company Hapag Lloyd expects delivery bottlenecks and high prices for container freight to start easing in the second quarter, its chief executive said.Assuming the current wave of the coronavirus pandemic is over, the loading and unloading of ships should function more smoothly, helping to reduce the lines of vessels waiting off the west coast of the United States, he said.“As soon as we have the current Omicron wave behind us, most people should be able to go to work again…

Swiss-based shipping group MSC and German carrier Lufthansa want to buy the majority of Alitalia successor ITA Airways and have asked for an exclusivity period of 90 days to study the deal, MSC and ITA said on Monday.The state-owned airline, which began flying in October last year, is looking for an equity partner and has started informal talks with some potential suitors, in Europe and overseas, its chairman said this month.MSC said the interest in ITA stemmed from "the possibility of activating positive synergies ...

Dutch dredging, marine and offshore services company Van Oord said it has signed partnership agreements with LexX and Heliorec, two start-ups scouted through the innovation platform PortXL. The signing ceremony took place during the shakedown event on December 2 marking the end of this year's PortXL program.Van Oord is one of the founders of PortXL and a main sponsor of the PortXL program for the sixth year in a row. The port and maritime accelerator platform is one of the ways that Van Oord encourages innovation in the global maritime industry.

A new utility/passenger vessel has been delivered and will soon go to work for the U.S. National Park Service (NPS) to serve Ellis Island and the Statue of Liberty.The all-steel newbuild, designed by New Orleans-based TAI Engineers, LLC, has been named Annie Moore after the first immigrant, a 15-year-old Irish girl, who signed the Ellis Island register."TAI has designed and built many boats and ships, but this project is particularly special to me," said Anil Raj, President of TAI. "My very first arrival to the United States was via New York in 1969.

South Africa's National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country tries to overhaul some of the world's worst-performing ports.A report last month ranking container ports by the World Bank and IHS Markit saw South Africa's major ports at the bottom of the list, with Durban faring the worst among local peers by coming in at 349 out of a total of 351 ports assessed globally.The Container Port Performance Index considered the total port hours per ship call,

Mike Corrigan, the ubiquitous leader of Interferry, has a broad base of energy and maritime industry experience, including his stint as CEO of BC Ferries. Corrigan shares with Maritime Reporter & Engineering News his thoughts on a broad range of issues facing the ferry industry: COVID-19, emerging international regulations, and yes, maritime training and education initiatives throughout the world ferry industry.Looking back to your tenure atop BC Ferries, can you discuss this through a training and education lens?At BC Ferries, safety and training was an integral part of my role and passion.

A great deal of research related to student learning styles has emerged in recent years. Through that research strong arguments have been made that more kinesthetic learning methods, such as hands-on or experiential learning, are more effective than more traditional methods like the lecture. In the maritime field, technology such as simulation, has provided us with tools to harness the power of experiential learning; however, those tools alone cannot ensure students are learning…

Russian shipping company Sovcomflot is guiding investors to expect its initial public offering (IPO) to price at the low end of the marketing range, two bookrunners organizing the transaction said on Tuesday.The first big stock market float by a Russian company in a couple of years comes as wider investor sentiment towards Moscow has turned negative after the poisoning of Kremlin critic Alexei Navalny, protests in Belarus and renewed clashes in Nagorno-Karabakh.Russian assets…

This is a technical article related to risk assessment, which is incredibly central to maritime endeavors. We operate in an environment with many unknowns and high unpredictability, and anything we do requires a risk assessment. In fact, naval architects, marine engineers, ship’s engineers and, most of all, ship masters do nothing but cast whatever they do in terms of risk.Risk assessment can be mathematically evaluated, but most of us analyze risk based on experience. Let’s face it…

Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.The move by the state-controlled firm comes as Russian airline Aeroflot also plans to raise capital in a secondary public offering (SPO).For Aeroflot, the cash is needed to fight the economic fallout from the COVID-19 pandemic.Sovcomflot (SCF) which is raising money to spend on new projects and reduce debt aims to list in early October…

Carnival Corp’s AIDA cruise operator is among a list of companies seeking state aid from the German government, the Business Insider website reported on Thursday.AIDA is seeking about half a billion euros ($591 million) in state aid, Business Insider said, citing a government list of companies requesting support, which also includes shipbuilder MV Werften and steel producer Georgsmarienhuette.The finance ministry declined to comment.AIDA is examining whether financing schemes offered by the government are suitable for the company, a spokesman said, adding he was not aware of any considerations

Maritime electrical and automation systems integrator RH Marine reports it is performing an increasing number of its services remotely amid travel restrictions and other challenges brought on by the coronavirus pandemic.The engineers and people from RH Marine that normally go on board vessels to solve malfunctions, update software or for sea trials and other testing have not always been able to do so due to various COVID-19 measures due to reduced airline availability, government…