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Port Security: If you’ve seen one port, you’ve seen one port

Mar 04, 2019

ARES Security Corporation’s sophisticated AVERT C-2 platform integrates hundreds of disparate sensors and information sources to keep first responders aware of their immediate environment in real-time. In today’s dangerous and digital business environment…

World Shares Higher on US-China Deal Hopes

Mar 04, 2019

Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.U.S. President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two countries…

World Shares Higher on US-China Deal Hopes

Mar 04, 2019

Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.U.S. President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two countries…

CMA CGM Begins $1.2B Cost-Cutting Program

Mar 03, 2019

Container shipping goliath CMA CGM announced the implementation of a global plan for 2019 to improve its operational performance with a cost savings objective of $1.2 billion through the optimization of lines and brands, and by further streamlining its processes…

Danaos Partners with iMarine Software

Mar 03, 2019

The international owner of containerships Danaos Corporation  has partnered with iMarine Software, fully integrating the maritime e-procurement solution 'SeaProc eProcurement' platform into their system.Danaos Web Enterprise Suite is a web-enabled…

Subsea 7 Buys-back Shares

Mar 03, 2019

With the market looks upbeat, Luxembourg-based subsea services vessel owner Subsea 7 announced a share buy-back programme.'Reflecting Subsea 7’s strong financial and liquidity position and improving market outlook as well as a rebalancing of cash returns to favour share repurchases…

Höegh Transports Heaviest Breakbulk Unit

Mar 03, 2019

Norway-quartered international shipping company Höegh Autoliners has broken a record for transporting the heaviest breakbulk unit shipped by a RoRo (Roll On/Roll Off) vessel from India.A press release from provider of Ro/Ro vehicle transportation services said that the 107…

Ulstein Bags Order for 12 Vessels

Mar 03, 2019

Norwegian ship designer Ulstein Design & Solutions announced that it has received totally six firm ship contracts, and options for further six vessels.'With 12 contracts including options on expedition cruise vessels in three years, we have…

Scott Joins Laborde

Mar 03, 2019

Laborde Products recently expanded its procurement department, with long-time veteran Dan Murphy leading the way. With Murphy’s promotion, there was a need to satisfy the position for a new parts manager. Joe Scott, a Kansas City native, residing in Dayton…

IMO 2020 to Cost USD10bln

Mar 01, 2019

The new 0.5% sulfur cap on fuel content for the global maritime industry means the container-shipping industry will need to offset up to $10 billion in incremental costs, starting Jan. 1, 2020, when the cap is slated to take effect, said a study…

Hapag-Lloyd: 50th Year of Transportation of Dangerous Goods

Mar 01, 2019

Hapag-Lloyd, the world's largest shipping company, marks 50th anniversary of dangerous goods department.According to a press release from the transnational German-based transportation company, 50 years ago, in March 1969, Hapag and Norddeutscher…

CMA CGM Books Rrecord Revenue

Mar 01, 2019

French container shipping group CMA CGM booked record revenue in 2018 as trans-Pacific goods traffic remained buoyant despite U.S.-Chinese trade tensions, but soaring oil prices cut deep into its profits, it said on Friday.The firm's 2018 volumes rose by 9…

​Maersk Introduces Value Protect

Mar 01, 2019

Maersk is expanding its commercial offering and introduces Value Protect, an extended liability solution. It offers customers an alternative to cargo insurance, increasing their chance of receiving full compensation in case of cargo damage in transit…

Mass. Maritime Honors IRI's Gallagher

Mar 01, 2019

William Gallagher, President of International Registries, to be named Massachusetts Maritime Academy's Maritime Person of the Year.Since 1995, Massachusetts Maritime Academy has been honoring leaders with a renowned career of excellence, innovation…

Construction Kicks Off at Ngqura Liquid Bulk Terminal

Mar 01, 2019

Oiltanking Grindrod Calulo (Pty) Ltd (OTGC) and Transnet National Ports Authority (TNPA) has turned the first sod at the site of the Port of Ngqura’s future liquid bulk tank farm. This comes ahead of the planned decommissioning and rehabilitation…

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