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Kalmar Signs Pact with Patrick Terminals

Jan 09, 2020

Kalmar, the provider of cargo-handling solutions and services to ports and terminals, has concluded a comprehensive software maintenance and support agreement with Australian terminal operator Patrick Terminals.The agreement, which covers the…

Yamal LNG Gets New LNG Vessel

Jan 09, 2020

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.The naming ceremony for the LNG Merak carrier was held on Wednesday, January 8, at Hudong-Zhonghua Shipbuilding yard…

Hamburg Port Orders 2 Fireboats

Jan 09, 2020

The Hamburg Port Authority (HPA) has ordered two more fire-fighting vessels following the delivery of modern fireboat, the 'Branddirektor Westphal'.As with the previous order, both vessels will be fitted with Schottel thrusters – in this case…

HMS Prince of Wales Completes Sea Trial

Jan 09, 2020

HMS Prince of Wales, the second of the U.K.’s Queen Elizabeth Class aircraft carriers, has recently completed a successful sea trial in Scottish waters.The ships are the largest ever built for the Royal Navy and the carriers are powered by GE’s energy-efficient…

NMM Acquires Five Containerships

Jan 09, 2020

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…

Diana Shipping Fixes Ismene with Phaethon

Jan 09, 2020

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Ismene.According to a press note…

Can the New Silk Road Compete with the Maritime Silk Road?

Jan 09, 2020

China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027…

Britannia P&I sets up Shop in NY

Jan 09, 2020

Britannia P&I has established a new exclusive correspondent, B Americas P&I, to be based in New York.B Americas P&I will be headed by Michael Unger, a maritime lawyer with extensive litigation and arbitration experience.B Americas will enhance…

ClassNK: New Guidance for Autonomous Ships

Jan 09, 2020

ClassNK released its “Guidelines for Automated/Autonomous Operation of ships ~Design development, Installation and Operation of Automated Operation Systems/Remote Operation Systems”.In the field of ships, research and development of technology…

Georgia Scraps Deal on Major Port Project

Jan 09, 2020

Georgia has ended an investment agreement with an international consortium for one of the biggest projects in the former Soviet country, the construction of a major deep sea port on the Black Sea coast, its infrastructure minister said on Thursday…

Mideast Tensions Create Insurance Headache for Tanker Owners

Jan 09, 2020

Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills…

Egypt Reopens Mediterranean Ports

Jan 09, 2020

Egypt on Thursday reopened two Mediterranean harbors that were shut this week due to bad weather.The ports of Alexandria and Dekheila were opened 'after wind speed, wave height and visibility reached levels that permit ships to enter and depart the ports…

LNGSTS Hits 112 STS LNG Transfers in 2019

Jan 08, 2020

LNGSTS, a unit of Teekay Tankers, has closed the year 2019 with a record number of 112 open water liquefied natural gas (LNG) ship-to-ship (STS) cargo transfers.From November 2018, until July 2019, LNGSTS was the technical and manpower service provider for the largest ever LNG ship-to-ship project…

Finnlines Orders 2 RoPax Vessels in China

Jan 08, 2020

Finnlines signed an order for two RoPax vessels with China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai.In 2018, Finnlines ordered three hybrid StoRo ultra large green vessels at Jinling Shipyard, which is also now part of China Merchants Group…

Aurora Expeditions Christens Sylvia Earle

Jan 08, 2020

Aurora Expeditions, the luxury cruise company that offers services to Antarctica and Arctic,  will build a second expedition ship, the Sylvia Earle, scheduled to debut in October 2021.The 126-passenger vessel  named ‘Sylvia Earle’, to honor the renowned marine biologist…

Logistics News

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Third VLCC Exits Strait of Hormuz

Third VLCC Exits Strait of Hormuz

AAPA Supports House Appropriations Bill with $538m for Port Infrastructure

AAPA Supports House Appropriations Bill with $538m for Port Infrastructure

US Grain, Soy Futures Drop After US-China Talks

US Grain, Soy Futures Drop After US-China Talks

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