At gmec, the global maritime environmental congress (gmec) during SMM in Hamburg, high-profile business and science experts discussed how the global shipping industry can achieve the International Maritime Organization’s (IMO) environmental…
Eight vessels were stalled on Friday at the Sabine Pass Channel on the Texas-Louisiana border after 37-foot draft restrictions were put in place this week to allow search operations for a displaced pipeline, the U.S. Coast Guard said.One liquefied natural gas (LNG)…
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…
Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households…
German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…
Stena Bulk said it has signed a contract with Brazil's state-owned oil company to charter out a pair of MR product tankers for transporting refined products along the Brazilian coast. The two-year deal includes the option to extend the charters for another 11 months…
Maersk Tankers has appointed Morten Mosegaard Christensen as its new Chief Financial Officer (CFO).Christensen joins Maersk Tankers from Danske Bank where he serves as interim CFO and Chief of Staff. Previously, he has held leadership positions at Danske Bank…
Oceanic Systems (UK) Ltd has just increased the menu of engine manufacturers which can be selected to present on the company’s sleek single-screen Multiple Engine Displays, claimed a press release from the company.It said that these provide…
Kalmar, part of Cargotec has signed a contract for supplying two Kalmar Ship-to-Shore (STS) cranes, including related spare parts, to Curaçao Port Services, said a press release.The Panamax size cranes will be used for modernising the customer's…
The UK is the third-largest maritime trading partner for the port of Antwerp. In order to be fully prepared for Brexit the Port Authority is taking various initiatives including the appointment of a new representative for the UK and Ireland…
Mitsui O.S.K. Lines (MOL) announced the establishment, effective July 1, of MOL Worldwide Logistics (MWL), and that they will lead MOL Group non vessel operating common carrier (NVOCC) business in Hong Kong.In a press release the company clarified…
The Major ports in India have recorded a growth of 5.13% and together handled 288.38 MTof cargo during the period April to August, 2018 as against 274.32 MThandled during the corresponding period of previous year.For the period from April-August 2018…
Iridium Communications Inc. announced today that KDDI Corporation, Navarino and NSSLGlobal Ltd., are the newest Iridium Certus service providers for the maritime industry. Iridium Certus will offer a L-band satellite broadband connectivity solution…
Several vessels, including two oil tankers and one carrying liquefied natural gas, were stalled and unable to enter the Sabine Pass shipping channel near the Texas-Louisiana border due to draft restrictions, the U.S. Coast Guard said on Thursday…
Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…