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AAPA CEO Kurt Nagle to Retire in 2019

Oct 17, 2018

Long-time president & chief executive officer of the American Association of Port Authorities (AAPA) trade association Kurt J. Nagle announced today that he plans to retire next fall, following more than 33 years of service to the port industry…

Seafarers’ Mental Health is Focus of New Training Program

Oct 17, 2018

KVH Videotel introduced a new training package, “Seafarers Mental Health and Wellbeing,” during the 5th Annual International Shipowning & Shipmanagement Summit in London, and announced that the package will be available free of charge throughout…

SpecTec Partners with iMarine Software

Oct 17, 2018

AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…

CMA CGM Ups Its Stake in Ceva Logistics

Oct 17, 2018

French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG , the Swiss transport group which rejected a bid from Denmark's DSV, Ceva said on Wednesday.'The company has further been informed that CMA CGM entered…

Yanbu Oil Terminal Boosts Export Capacity

Oct 17, 2018

State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day of crude oil to the company's west coast export capacity after a rehabilitation and upgrade programme.'The terminal, located south of Yanbu along the west coast of Saudi Arabia…

Vietnam May Recall Wheat Re-exports

Oct 17, 2018

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia…

Ocean Express Network Incurs a USD600 mln Loss in First Year

Oct 17, 2018

Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company…

APM Terminals to Divest Izmir

Oct 16, 2018

APM Terminals have reached agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR.As part of the sales agreement, APM Terminals will continue managing the terminal, ensuring that needs from both shipping lines and landside customers are catered for…

Ship Managers Look for Areas to Collaborate

Oct 16, 2018

Ship managers gathered in London this week for the Annual General Meeting of their industry trade body – InterManager – where they discussed plans to work together to identify solutions to the challenges facing today’s ship management sector…

Scorpio Charters Out Eight Bulk Carriers

Oct 16, 2018

Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…

Automating Freight Forwarding Must Be Done Strategically, Says iContainers

Oct 16, 2018

Automation is one of the hottest topics in freight forwarding, especially among the new digital freight forwarders, all wanting to transform this immense and complex world of ocean freight with technology.But these claims of ‘disrupting’ the industry have raised questions…

Ship Owners Are Scrambling to Install Scrubbers

Oct 16, 2018

Ship owners accelerated installations of engine emissions cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent, according to a report…

Norddeutsche Reederei Joins V.Group

Oct 16, 2018

Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei H. Schuldt to join V.Group. At the same time, the combined company will form a partnership for commercial management with Blue Net Chartering.The transaction…

Port Manatee Announces Record Fiscal Year

Oct 16, 2018

Port Manatee reports it continues to break cargo records, including handling an all-time-high of more than 9.3 million tons in the fiscal year ended Sept. 30, up 19.1 percent from the immediately preceding 12-month period. That comes on the heels of a 13…

Interferry Names New Chairman and Board Members

Oct 16, 2018

Interferry, the trade association representing the worldwide ferry industry, has announced that the new chairman of its board of directors is John Steen-Mikkelsen, CEO of Danish ferry operator Danske Faerger.Steen-Mikkelsen was elected together…

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