The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday snapping eleven sessions of losses, supported by stronger capesize vessel rates.The overall index, which factors in rates for capesize…
Evac announced it will acquire Cathelco, a manufacturer of equipment for ships and offshore installations, a synergistic move for Evac as Cathelco customers include Evac’s current marine and offshore customer groups, including ship owners, shipyards…
Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group…
Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries. A 180,000 cubic meter LNG carrier…
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam. The…
A new agreement between BAE Systems Australia and Flinders University will see students and industry working together to develop new ways to provide Australia’s defence force with the evolving capability it needs and train the shipbuilding workforce of the future…
SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean…
South Carolina Ports Authority (SCPA) said it will purchase 26 new rubber-tired gantry (RTG) cranes to handle growing container volumes at the Wando Welch Terminal and Inland Port Greer.The port will pay $46.4 million for the 26 RTG cranes to be built by manufacturer Konecrane…
Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental…
The event will take place in Valparaiso, Chile, from October 7 to 10, with the presence of AAPA’s Continental leadership.With a postal card of Valparaiso hills as a background, the Empresa Portuaria Valparaiso (EPV) and the American Association…
South Carolina Ports Authority reports its fiscal year-to-date volumes are nearly 2 percent higher last year, with record-breaking container volumes handled in April.SCPA has moved 1.8 million TEUs since July, compared to 1.78 million during the same period last fiscal year…
Tanker shipping: Added uncertainty is not helpful to the struggling tankersDemandJust when you thought it could not get any worse for the tanker shipping industry, the U.S. is reimposing sanctions on Iran coming into force after a six months wind-down period ending on November 4…
Coffee exports from Brazil, the world's largest producer, in May are likely to be 900,000 60-kg bags less than expected due to a nationwide truckers protest that hampered transport to ports, exporters association Cecafé said on Wednesday.The…
U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…
French President Emmanuel Macron on Wednesday said it was time for the world's biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiraling into trade wars.Macron's comments before…