Crowley has appointed Brea Schmidt chief financial officer, overseeing finance across its logistics, shipping, government and energy businesses.
WorkBoat Article: Crowley Names Brea Schmidt Chief Financial Officer
Maritime Executive Article: Crew Rescued After Abandoning Small MSC Boxship off Vietnam
All 25 crew of the MSC Hermes III were safely rescued after abandoning the containership east of Vietnam, with the larger MSC Ruby recovering them from a lifeboat as Singapore’s MRCC coordinated the response.
FreightWaves Article: New report: Just a Third of Container Shipping On-Time
Container schedule reliability sank to 29% on-time in August as the Far East–Europe trade cratered to pandemic-era lows, Xeneta reports, with typhoons, port congestion, and Red Sea disruptions compounding pressure ahead of peak season.
Maritime Executive Article: Giant Japanese Bulker Remains Aground Off Australia After Four Days
The Capesize bulker Cape Falcon remains stuck off Gladstone, Australia, four days after grounding near a bunkering anchorage, with tug efforts so far unsuccessful and a full safety investigation planned once it is freed.
WorkBoat Article: Marad Seeks Vessel Designs Targeting Fuel Efficiency, Underwater Noise
MARAD is offering up to $1.25 million for vessel designs that cut both fuel burn and underwater radiated noise.
Splash247 Article: Coal’s Shrinking Tonnes are Travelling Further
Chinese seaborne coal volumes are falling but longer voyages are keeping dry bulk vessel demand resilient.
Port of Vancouver Article: Terminal 1 Public Market Progress on Track
Crews will finish the Columbia River dock this winter, keeping Vancouver’s public market on track for 2028.
Splash247 Article: Maersk Confirms 26-Ship Newbuilding Spree
Maersk has confirmed orders for 26 large LNG dual-fuel containerships of 18,600 TEU each, ending days of speculation over a major fleet expansion. Deliveries are scheduled across 2029 and 2030, marking the carrier’s biggest newbuilding push after years of relatively restrained ordering.
gCaptain Article: Deluge Of Copper Arriving In US Leaves New Orleans With Logjam
Copper shipments worth up to half a billion dollars per vessel are straining the Port of New Orleans, a key metals gateway, as traders rush cargo into the U.S. ahead of a still-pending decision on expanding copper import tariffs, prompting some shippers to reroute metal by barge.
NorthWest Seaport Alliance Article: NWSA Laden Exports Above Five-Year Average
The Northwest Seaport Alliance reports YTD full exports 2.1 percent above the five-year average through August, while total container volumes declined 10.9 percent year-over-year. Terminal 5 also completed a major reefer plug expansion, boosting refrigerated capacity to support Washington’s agricultural and seafood export markets.