Del Monte Foods Corporation, a legacy brand with a national reach, has recently filed for Chapter 11 bankruptcy, listing over $1 billion in liabilities and more than 10,000 creditors. This move ranks among the largest food shipper bankruptcies in recent years, given the company's...
The recent incident involving the capsizing of a jackup barge owned by Saudi oil and gas driller ADES has sent shockwaves through the food and beverage industry. The tragic event, which resulted in the loss of four crew members, occurred off the coast of...
Title: Transpacific Freight Rates Surge Amid US-China Tariff Pause
Introduction
The recent pause in the US-China tariff war has led to a surge in transpacific freight rates, impacting the boxship charter market significantly. Mainline operators are rushing to add more capacity on the US route, driving...
Title: Cadeler Acquires New Wind Turbine Installation Vessel to Enhance Offshore Operations
Introduction:
In a strategic move to bolster its offshore wind installation capabilities, Copenhagen-based Cadeler has acquired a state-of-the-art jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry. This acquisition marks a significant...
Title: Enhancing Intermodal Capabilities: SC Ports April Cargo Handling Results
Introduction:
In April, SC Ports announced its cargo handling results, showcasing steady performance and growth in certain areas. This article will delve into the details of these results and discuss how they impact the food and...
The Need for Gender Diversity in the Food and Beverage Industry
As we celebrate International Women in Maritime Day, it is essential to reflect on the state of gender diversity in various industries, including the food and beverage sector. While progress has been made...
