Latest News - page 794


Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap

Sep 17, 2018

Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion…

Maritime Ports Pushed to Up Cyber Security

Sep 17, 2018

Resilience planning, Info Sharing Take Spotlight“Oh what a tangled web we weave, when first we practice to deceive.” That old chestnut gets turned on its head when it comes to port cyber security. It’s more like “Oh what a tangled web we’ve woven…

Crowley Opens Retail Shipping Center in Miami

Sep 17, 2018

Crowley LOGISTICS has opened a new walk-up retail shipping service center in South Florida to better serve consumers shipping small parcel and retail cargo to Puerto Rico, the Caribbean and Central America.The new space is devoted to less-than…

UK Satellites Launched to Track Illegal Shipping Activity

Sep 16, 2018

Surrey Satellite Technology Ltd (SSTL) has confirmed the successful launch of two satellites, NovaSAR-1, a Synthetic Aperture Radar (SAR) satellite, and SSTL S1-4, a high resolution optical Earth Observation satellite.  The two satellites were…

Besix completes construction of Bahrain LNG Import Terminal

Sep 16, 2018

Brussels-headquartered contracting giant Besix has completed the design and construction of Bahrain Liquefied Natural Gas (LNG) Import Terminal in Muharraq Island.The Bahrain LNG Import Terminal forms a vital part of the energy infrastructure…

APM Terminals to Focus on VGM Accuracy

Sep 14, 2018

Two years since the introduction of Verified Gross Mass (VGM) regulations, the industry appears to have achieved compliance but, “the accuracy of recorded weights still needs attention,” said a press release from APM Terminals.According to Praful Waghela…

GC Rieber Shipping CEO Christian Wilhelm Berg Resigns

Sep 14, 2018

Norwegian shipping company GC Rieber Shipping said that Christian Wilhelm Berg resigned the position as CEO with effect from 14 September 2018 in order to pursue other opportunities through his wholly owned company, Bech Offshore.Bech Offshore…

MOL Magsaysay Maritime Academy Opened

Sep 14, 2018

Japanese shipping giant Mitsui O.S.K. Lines (MOL) announced that an inauguration ceremony for MOL Magsaysay Maritime Academy (MMMA), jointly operated by MOL and Magsaysay Maritime Corporation (MMC), was held on September 12 in Salitran, Dasmariña City…

IMO Training for Reducing Emissions in Ports

Sep 14, 2018

International Maritime Organization (IMO)'s work to promote better understanding of - and steps to reduce - emissions in ports has reached Georgia, at a workshop for regional participants from Georgia, Ukraine and Turkey.The event, in Batumi…

Virginia Ports See Limited Impact from Hurricane Florence

Sep 14, 2018

The Coast Guard Captain of the Port of Hampton Roads has reopened the ports in Virginia, which saw limited impacts after Hurricane Florence made landfall as a category 1 storm on Friday morning.“Coast Guard Sector Hampton Roads is coordinating…

Kings Point Alumni Release Commemorative Video

Sep 14, 2018

Video marks Academy's 75th year and those who made the ultimate sacrifice.Alumni of the United States Merchant Marine Academy (USMMA) released an inspiring video to commemorate the 75th anniversary of the institution and memorialize midshipmen who have died in service to the nation…

New Report Highlights Positive Impact of Illinois International Port District

Sep 14, 2018

The Great Lakes Seaway Partnership announces the release of Economic Impacts of the Port of Chicago, a report documenting the many contributions made by the Illinois International Port District (IIPD) and Great Lakes Seaway Shipping to the City of Chicago…

Baltic Index Dragged Down by Weaker Capesize Rates

Sep 14, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Friday as the capesize vessel segment marked its largest weekly decline in 16 weeks.The overall index…

Florence Makes Landfall near Wrightsville Beach, NC

Sep 14, 2018

The U.S. National Hurricane Canter is reporting that Hurricane Florence has made landfall near Wrightsville Beach North Carolina.Widespread flooding is being reported along a wide swath of the North Carolina coastline. The storm, moving west at 6 miles per hour…

WCI, AAPA Upbeat on Federal Funding for USACE, Inland Navigation Projects

Sep 14, 2018

WCI yesterday praised Congress for passage of the FY2019 Conference Report to Accompany H.R. 5895 that combines appropriations bills for the Legislative Branch, Military Construction and Veteran Affairs, and Energy & Water Development that funds the U…

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