Kawasaki Kisen Kaisha, Ltd. (“K” Line) has received recognition from the port authorities of both Long Beach and Los Angeles, for recording high level of compliance throughout 2015 with voluntary speed reduction by “K” Line’s containerships…
Three Turkish Coast Guard personnel were killed on Wednesday after their vessel collided with a bulk carrier in the Bosphorus strait, forcing officials to temporarily suspend traffic in the busy shipping lane. Their vessel capsized after colliding with the Tolunay…
First-half seaborne cargo throughput of 70.2 million tons reflected stabilization of the trend for the Port of Hamburg. At the same time, a steep increase occurred in freight transport by rail to/from the Port of Hamburg. At 70.2 million tons…
Intermarine, LLC, a leader in the transport of project, breakbulk and heavylift cargo, has named Samir Ferguen as Chartering Manager – Europe. Ferguen rejoins Intermarine from Nordana. He will be based in Naestved, Denmark. In his new role…
Dry bulk shipping company Golden Ocean Group Limited has appointed Thomas Semino to take up the newly created position of Chief Commercial Officer. Semino will be based in Singapore and will start as CCO no later than November 1, 2016. Semino is currently the Head of Dry Freight in Vitol S…
Following the announcement in April regarding changes to the corporate management team, Golden Ocean Group Limited announced the appointment of Mr Thomas Semino as Chief Commercial Officer (CCO). Mr Semino is currently the Head of Dry Freight in Vitol S…
Singapore Exchange Ltd (SGX) is readying a formal offer to buy London's Baltic Exchange following months of discussions that culminated in exclusive talks between both parties, sources familiar with the matter said on Tuesday. Founded in 1744…
Over the past decade, at least 100 seafarers have lost their lives due to incidents which have been attributed to bulk cargoes liquefying at sea. UK P&I Club Senior Claims Director Alan Speed looks at the dangers of cargo liquefaction and the steps members can take to mitigate the risk…
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they do not get blamed for cargoes that start ‘cooking’ at sea. The advices comes in the latest issue of its loss prevention newsletter Signals…
The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine Oil Terminal Wharf Improvements Project at the Valero Terminal on Mormon Island in Los Angeles Harbor…
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has agreed with the Royal Bank of Scotland plc (RBS) to amend certain financial covenants and terms to an existing term loan facility with an outstanding balance of US $73…
Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete. Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long…
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has announced that the company has agreed with Danish Ship Finance, to amend certain financial covenants and terms to its existing credit facility with an outstanding balance of US $40…
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo Shipping Market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. According to report Cargo Shipping Market - Global Trends and Forecast to 2021…
2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14…