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Piraeus Bank mulls Asian Pacific partner for Shipping Financing

Jul 12, 2019

Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that will help it provide financing to Greek shipping companies, Greece's largest lender by assets said on Friday.Piraeus did not name the Asian partner…

Container Volumes Fall at PoLB

Jul 12, 2019

Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…

Bhutan-Bangladesh Cargo Vessel Flagged Off

Jul 11, 2019

The Minister of State for Shipping (Independent Charge), India, Mansukh Mandaviya will flag off an inland waterways vessel containing cargo from Bhutan to Bangladesh via Brahmaputra river and the Indo-Bangla Protocol Route today (July 12).'This…

MSC Reiterates No Shark Fin Policy

Jul 11, 2019

Swiss-based shipping line MSC Mediterranean Shipping Company is taking the opportunity to clarify and raise awareness of its zero-tolerance position on shark fin carriage, following a reported shark fin discovery earlier this year, involving a booking by another container carrier…

Belle Chasse Marine Repowers with Volvo Penta

Jul 11, 2019

Reliability, Power, Fuel Savings and Minimal Downtime Key Factors in Repower Decision.Belle Chasse Marine Transportation, the largest launch service on the Lower Mississippi, puts a lot of hours on its fleet of crew and supply boats, which run day and night…

Apply Now: Great Ships of 2019

Jul 11, 2019

Will your ship be honored as a “Great Ship of 2019” in the December 2019 edition of Maritime Reporter & Engineering News?Every year, Maritime Reporter & Engineering News profiles the most outstanding ships built in shipyards around the world…

Iran Attempts UK Tanker Block, Fails

Jul 11, 2019

Britain says it fended off Iranian attempt to block its oil tankerThree Iranian vessels tried to block a British-owned tanker passing through the strait that controls the flow of Middle East oil to the world, but backed off when confronted by a Royal Navy warship…

UK Does Not Want to Escalate Hormuz Tensions

Jul 11, 2019

Britain does not intend to escort every British-flagged merchant vessel through the Strait of Hormuz, a security source said on Thursday, after a Royal Navy warship had to stop three Iranian vessels from blocking the passage of a BP-operated tanker…

New Orleans Braces for TS Barry

Jul 11, 2019

Some residents and visitors prepared to flee New Orleans on Thursday as Tropical Storm Barry closed in and city officials warned of severe flooding if it makes landfall by early Saturday as the first Atlantic hurricane of the 2019 season.The…

First Hybrid Cruise Ship to be Named in Antarctica

Jul 11, 2019

Hybrid powered expedition cruise ship MS Roald Amundsen continues to make history – as Hurtigruten has announced the first ever ship naming ceremony in Antarctica. Instead of the traditional bottle of champagne, MS Roald Amundsen’s explorer…

Singapore, China ink Maritime Collaboration MoU

Jul 11, 2019

The Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Understanding (MOU) with the Waterborne Transport Research Institute (WTI), an agency under China’s Ministry of Transport during the 2019 Maritime Silk Road Port International Cooperation Forum (MPF)…

CSA Honors Crowley Vessels for Safe Ops

Jul 11, 2019

The Chamber of Shipping of America (CSA) honored 104 vessels owned and/or managed by Crowley Maritime Corporation with annual Jones F. Devlin Awards in recognition of their combined 737 years of incident-free service through 2018.Of the 104 vessels awarded…

New UK Center for Maritime Innovation

Jul 11, 2019

A consortium of British companies, academia and government  formally established a new national center for maritime innovation and technology (MarRI-UK). The center, offering  development opportunities for the UK’s $45B maritime sector, is based at the University of Strathclyde…

Will High-Speed Container Transport Ever Work?

Jul 11, 2019

Every few years I am handed a high-speed container transport proposal. Generally it consists of some type of high speed vessel design that would be able to move containers at high speed and thereby attract a new market by taking a chunk out of the air cargo market and the premium ocean market…

Go-slow at Port Hits South African Car and Commodity Exports

Jul 11, 2019

A go-slow by workers at a major South African port is hitting exports of cars and other commodities, the country's Public Enterprises Minister Pravin Gordhan said on Thursday.State-owned rail operator Transnet said it had suspended a number…

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