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TOTE Maritime Continues Equipment Investment

Jul 25, 2018

TOTE Maritime Puerto Rico said it continues to invest in equipment to meet the needs of its customers as well as Puerto Rico as the island continues with recovery efforts following last year’s hurricane season.In the last few months, TOTE Maritime has secured more than 200 additional 53’ containers…

Concordia Maritime Charters in Suezmax Tanker

Jul 25, 2018

Tanker owner Concordia Maritime announced it has moved to strengthen its positions in the crude oil segment by chartering in another suezmax vessel.The 158,000 dwt suezmax vessel that has been chartered in was built in Korea in 2015. As with previous charters…

GCT Bayonne Welcomes the ONE Stork

Jul 25, 2018

GCT USA has welcomed the Ocean Network Express’ (ONE) first magenta ship on its first dual call to the most advanced terminal in the Port of New York and New Jersey, GCT Bayonne.Following the merger of NYK Line, Mitsui OSK, and “K” Line on April 1…

DP World to Build Logistics Hub in Mali

Jul 25, 2018

DP World is set to build and operate a logistics hub in Mali under a 20-year concession agreement signed with the West African country's government, the Dubai state-owned company said on Wednesday.Construction of the first phase of the 1,000 hectare (10 square kilometers) hub…

ONE Accepts Delivery of 14,000 TEU Box Ship

Jul 25, 2018

Singapore headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) has taken delivery of a new 14,000 TEU-class containership from Japanese shipbuilder Imabari Shipbuilding Co., Ltd, on July 24, 2018.The new ultra-large containership…

Multipurpose Cargo Berth Construction Moves Ahead at Port Canaveral

Jul 25, 2018

Work is underway on a multipurpose cargo berth project at Port Canaveral that also will accommodate facilities for the growing commercial space industry.Scheduled for completion in mid-2019, North Cargo Berth 8 (NCB8) on the port’s north side…

NYK Group Celebrates Successful O3 Challenge

Jul 24, 2018

Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018…

TOP Ships Terminates ATM Program

Jul 24, 2018

TOP Ships, an international owner and operator of modern announced that, effective immediately, it is terminating the equity distribution agreement with Maxim Group LLC providing for the “at-the-market” equity offering program (ATM Offering)…

DP World Volume up 6.0% in H1 2018

Jul 24, 2018

DP World Limited handled 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross container volumes growing by 4.8% year-on-year on a reported basis and 6.0% on a likefor-like1 basis…

Piracy Risk Persists in Gulf of Guinea -Report

Jul 24, 2018

The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six separate incidents.A total of 107 incidents were reported to the IMB Piracy Reporting Centre (PRC) in the first six months of 2018…

Team AkzoNobel Completes Volvo Ocean Race

Jul 24, 2018

Recently, team AkzoNobel completed its first Volvo Ocean Race, concluding the final leg in second place and finishing fourth overall. The team finished on the podium on six of the eleven legs.During the race, the team was supported by two Damen Workshop Containers…

CN Board Appoints Jean-Jacques Ruest President and CEO

Jul 24, 2018

The Board of Directors of Canadian National Railway Company (CN) announced the appointment of Jean-Jacques Ruest as President and Chief Executive Officer of CN effective immediately. Ruest has also been appointed to CN’s Board of Directors.“In JJ…

Diana Containerships Repays Loan from Diana Shipping

Jul 24, 2018

Diana Shipping announced that on July 23, 2018, it received the full and final repayment of the loan to Diana Containerships Inc.Simeon Palios, Director, Chief Executive Officer and Chairman of the Board of the global shipping company specializing in the ownership of dry bulk vessels…

Diana Containerships Completes Sale of m/v Hamburg

Jul 24, 2018

Diana Containerships has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Hamburg, with the delivery of the vessel to her new owners.The global shipping company specializing in the ownership of containerships…

ABB Accelerates Logistics Growth with Acquisition of Intrion

Jul 24, 2018

ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the warehouse and distribution…

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