Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.The board will vote on the nomination at a shareholder's meeting on April 29…
Liebherr Maritime Cranes celebrated the grand opening of the new sales and service center in Durban, South Africa. The new African maritime hub was opened by a number of guests from the local industry and Liebherr representatives. Mainly as…
Port of San Diego proposes plan to increase regional economic impact; Environmental Impact Report commissioned to study modernization of Tenth Avenue Marine Terminal The Port of San Diego has issued a Notice of Preparation (NOP) for a Draft…
Transporter of project, breakbulk and heavy lift cargoes, Intermarine, LLC, has begun “Fleet of the Future” deliveries with the addition and maiden voyage of the newbuild Industrial Grand. The 20,000 DWT, 545 foot multipurpose vessel Industrial…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…
Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals. This is the…
The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015. These new technical…
Mining firms aim for simplification rather than growth; Rio's coal division worth at least $3.6 billion-Jefferies.In its latest effort to slash costs as commodity prices fall, Rio Tinto is letting go its energy chief and rolling its coal and uranium businesses into two other units…
DryShips Inc. and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced its unaudited financial and operating results for the fourth quarter ended December 31, 2014.Fourth Quarter…
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East…
Protesting truckers in Brazil blocked access to the port of Santos on Tuesday, according to a representative for highway operator Ecovias, threatening shipments of soybeans in the middle of what is expected to be a record harvest. (Reporting by Eduardo Simoes…
The South Carolina Ports Authority reports 18 Percent Increase in container volume at SC ports; new breakbulk service announced; Vice President, Secretary of Transportation visit The SC Ports Authority handled 152,917 twenty-foot equivalent units…
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period and full year ended December 31…
Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period and full year ended December 31…
Kalmar, part of Cargotec, has gained an order for three Kalmar hybrid shuttle carriers from the Port of Virginia, a multi-terminal container and breakbulk cargo complex located in Virginia, 18 miles from the Atlantic Ocean. The 1-over-1 hybrid…