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Diana Shipping Fixes Two Dry Bulkers with SwissMarine

Feb 25, 2019

Diana Shipping has announced time charter contracts for m/v Newport News and m/v Los Angeles with SwissMarine.The global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary…

ABS Answers USCG Call for Port Cyber Security

Feb 25, 2019

New solution incorporates National Institute of Standards and Technology Cyber Security Framework (NIST CSF). ABS Advanced Solutions announced a first-of-its-kind cyber security solution to aid regulated maritime facilities in complying with US Coast Guard (USCG) guidance…

World First: Hybrid Cruise Ship Completes Sea Trial

Feb 25, 2019

Hurtigruten’s MS Roald Amundsen is nearing completion at Kleven Yard. This weekend the world’s first hybrid powered cruise ship completed her first sea trials in the fjords along the western coast of Norway.With Norwegian fjords as testing ground…

Fitch Affirms Port of Oakland at 'A+'

Feb 25, 2019

Fitch Affirms Port of Oakland, CA's Sr. Revs, Intermediate Revs and Bank Bonds Underlying CP Notes.Fitch Ratings has affirmed the following Port of Oakland, CA bonds:$637 million of senior lien revenue bonds at 'A+';$218 million of intermediate lien revenue bonds at 'A'…

INSIGHTS: Kristen DeMarco, JAXPORT Chief Commercial Officer

Feb 25, 2019

Kristen DeMarco is JAXPORT’s Chief Commercial Officer. She is responsible for leading JAXPORT’s international cargo sales and marketing initiatives as well as tracking trends and issues related to maximizing the port’s business potential. DeMarco…

China's Coal Consumption to Rise in 2019

Feb 25, 2019

China's coal consumption is set to rise slighly to 3.89 billion tonnes in 2019 from 3.87 billion tonnes last year, the president of the China National Coal Association said on Monday.Wang Xianzheng made the forecast at an industry event in Beijing…

Shipping Recovery Boosts Hapag-Lloyd's Earnings

Feb 25, 2019

Full-year operating profit up by 32 percent.Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018 helped push operating profit 32 percent higher, lifting shares in the German group on Monday…

China Jan Soybean Imports from U.S. Double vs Dec

Feb 25, 2019

China's imports of U.S. soybeans nearly doubled in January from the previous month as cargoes booked after a Sino-U.S. trade truce arrived in the world's top oilseed importer, according to Chinese customs data published late on Monday.China brought in 135…

Scania Appoints Karin Rådström as EVP

Feb 25, 2019

Swedish manufacturer of diesel engines for marine industry Scania announced that Karin Rådström has been appointed Executive Vice President and Head of Sales and Marketing.She takes up her position on 1 March and will report to Henrik Henriksson…

Upgrades at Matadi Gateway Terminal

Feb 25, 2019

The recent call of the 2,500-TEU capacity Safmarine Nuba at the Matadi Gateway Terminal (MGT), an ICTSI Group company, opened the door to major new shipping system benefits for the Democratic Republic of the Congo (DRC).Deployment of a vessel…

Flexport Nabs USD1bln

Feb 25, 2019

San Francisco-based freight forwarder Flexport announced a unding injection of $1 billion led by the venture capital (VC) arm of Japanese investment firm SoftBank Group.'We’re excited to share how we’re accelerating and further realizing that…

Maastricht Maersk Makes Maiden Call to Rotterdam

Feb 22, 2019

Maastricht Maersk, the latest next-generation Triple-E vessel known for improved energy efficiency and environmental performance, has arrived for the first time to Rotterdam on her westbound voyage from Asia.Welcoming  the maiden voyage of the most modern vessel in the fleet to Rotterdam…

Diana Shipping Fixes Houston with Koch

Feb 22, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Houston.The global shipping company…

APM Terminals Barcelona Cuts CO2

Feb 22, 2019

The electrical capacity of the APM Terminals Barcelona has also been improved, leading to a reduction in CO2 emissions of 600 tonnes per annum, said the international container terminal operating company headquartered in The Hague.As part of…

Crowley Christens LNG-Powered M/V Taíno

Feb 22, 2019

Event heralds new era of world-class supply chain service.   Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U…

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