The Baltic Exchange's main sea freight index rose to a seven-week high on Friday to notch up its fourth straight weekly gain, on higher rates for the bigger capesize and panamax segments.The overall index, which factors in rates for capesize…

Dutch Damen Shipyards Group has become a corporate partner of the PortXL accelerator program for the maritime industry.PortXL has been described as the world’s first port accelerator. Its objective is the acceleration of innovative technologies for the green energy…

Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week, a company spokesperson said on Friday.Overall production shut down is estimated at 50,000 barrels of oil per day…

MidAtlantic Engineering Partners (MidAtlantic), a civil, environmental, and marine engineering and surveying firm, is pleased to announce that W. Stuart Lewis, P.E. is a partner in the firm. Since joining MidAtlantic, he has successfully led the company’s Marine Services Division.