Latest News - page 733


Maersk Shutters China-based Container Factory

Jan 03, 2019

Danish shipping group A.P. Moller-Maersk will shut a transport container factory in China and instead focus on producing refrigerated containers for food, it said on Thursday.While the market for so-called dry containers has been squeezed by increased competition…

Coast Guard Raises Minimum Random Drug Testing Rate to 50 PCT

Jan 03, 2019

The Coast Guard announced in the Federal Register that the calendar year 2019 minimum random drug testing rate is set at 50 percent of covered crewmembers. This rate is effective January 1, 2019 through December 31, 2019.The Coast Guard has…

Cosco Shipping Ports Buys Stake in Beibu Gulf Port

Jan 02, 2019

Hong Kong-based Cosco Shipping Ports has purchased a 4.34% stake in Shenzhen-listed Beibu Gulf Port Co for a total consideration of approximately RMB 470 million (USD 68 mln).'By subscribing the shares, Cosco Shipping Ports aim to further strengthen the cooperation with Beibu Gulf Port…

CMA CGM Improves NOURA Service

Jan 02, 2019

CMA CGM announced the service improvement connecting Middle East to East Africa, in the effort to maintain a high service reliability and punctuality with our lead product NOURA service.Effective from M/V CMA CGM MANET voyage Jebel Ali  today (January 3)…

Lost containers Bring Windfall to Dutch Islanders

Jan 02, 2019

Dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo in heavy seas, bringing a windfall for local treasure hunters.The Dutch Coast Guard said up…

Sovcomflot Orders Three LNG-fueled Tankers from Zvezda Shipyard

Jan 02, 2019

On December 28, 2018, Sovcomflot (SCF Group) placed an order at Zvezda shipbuilding complex for construction of three new generation product carriers that use cleaner-burning LNG fuel as their primary fuel.Three MR-class vessels will have a deadweight (DWT) of 51…

Advancing Digitization in Shipping

Jan 02, 2019

CMA CGM becomes the first ocean carrier listed on Freightos. Global freight moves towards the ‘one-stop shopping’ standard.CMA CGM Group and global online freight marketplace company Freightos have established an ambitious pilot agreement whereby…

Boxship Loses Containers in North Sea, Items Wash up on Dutch Islands

Jan 02, 2019

Dozens of containers with items including flat-screen televisions washed up on the Dutch islands of Terschelling and Vlieland after a vessel lost its cargo in heavy seas, a report by RTL Nieuws said, citing a Dutch coast guard.The RTL report…

UK Defends Brexit Ferry Contract to Inexperienced Ferry Operator

Jan 02, 2019

Britain's transport minister has defended awarding a 14 million-pound ($18 million) contract for shipping goods after Brexit to a new ferry company that owns no ships.The government last week awarded three contracts to charter extra ferries…

Another Record Year for Port of Antwerp

Jan 01, 2019

With expected growth of 5.1% compared with last year, 2018 looks set to be a record year for the Port of Antwerp for the sixth time in a row.'In 2019 the Port Authority will keep to the same course, further building a sustainable future for the port…

NYK Cooperates with Ship Tour for Mazda Motor Corporation

Jan 01, 2019

On Christman day, Japanese shipping line Nippon Yusen Kabushiki Kaisha (NYK) cooperated with a ship tour sponsored by Mazda Motor Corporation by escorting about 70 elementary and junior high school students and their parents on board an NYK-operated pure car and truck carrier (PCTC)…

Kalmar to Deliver Straddle Carriers to Maher Terminals

Jan 01, 2019

The marine industry equipment manufacturer Kalmar is to deliver a further order of straddle carriers to Maher Terminals LLC for use at their marine container terminal located in the Port of New York and New Jersey.According to a press release from Kalmar…

International Propeller Club Looks for new Executive VP

Dec 31, 2018

The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry…

Coast Guard Proposes Annual Great Lakes Pilotage Increase

Dec 31, 2018

“When somebody says it’s not about the money, it’s about the money.” – H.L. Mencken, American journalist and essayist, 1880-1956.This report is about Great Lakes pilotage rates. It’s all about the money. In fact, it’s hard to find someone who even suggests that it’s not about the money…

Star Bulk Carriers Acquires Own Shares

Dec 28, 2018

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that, pursuant to the Company’s previously announced share repurchase program, the Company purchased today 25,000 of its common…

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