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Campbell Johnston Clark Bolsters Admiralty and Casualty Team

Aug 01, 2018

Specialized international shipping law firm Campbell Johnston Clark (CJC) has announced new senior appointments to the Admiralty and Casualty teams in its London and Singapore offices.Paul Apostolis is joining CJC’s Singapore office from HFW…

New App Helps Track Shipping Container Damaegs

Aug 01, 2018

PEIR (Photographic Equipment Interchange Receipt) has launched a new app that helps the transportation, logistics and shipping industries better assign costs based on responsibility for damaged shipping containers and trailers.“After a year…

35 Seafarers Kidnapped in Gulf of Guinea in 2018 -Report

Aug 01, 2018

Nigerian pirates have kidnapped 35 seafarers from vessels in the Gulf of Guinea so far this year, according to security firm EOS Risk Group.Nigeria continues to be the world’s epicenter for piracy activity. From January through June 2018, EOS…

New US Riverboat American Song Nearly Complete

Aug 01, 2018

American Cruise Lines' new vessel, American Song, the first modern riverboat in U.S. history, is nearly complete.This week, American Song, under its own power, moved from the East Outfitting Basin at Chesapeake Shipbuilding in Salisbury, Md…

Trump Bets on New European LNG Terminals

Aug 01, 2018

U.S. President Donald Trump expects the European Union to fund 9 to 11 liquefied natural gas (LNG) ports to absorb 'vastly' more shipments from the United States but current EU investment in new projects will only help open small markets.In…

China Vows Retaliation if US Trade War Heightens

Aug 01, 2018

China said on Wednesday that 'blackmail' wouldn't work and that it would hit back if the United States takes further steps hindering trade, as the Trump administration considers slapping a 25 percent tariff on $200 billion worth of Chinese goods…

Kalleklev Takes Over as CEO of FLEX LNG

Aug 01, 2018

Liquefied natural gas (LNG) carrier owner and operator FLEX LNG has appointed Øystein M. Kalleklev as Chief Executive Officer to replace Jonathon Cook, who resigned in May.Kalleklevm, who has served as Chief Financial Officer of Flex LNG since October 2017…

China's New Shenzhen Terminal Receives First LNG Cargo

Aug 01, 2018

China National Offshore Oil Company (CNOOC) started operating a new import facility in southern China for liquefied natural gas (LNG), state media reported on Wednesday.The terminal in the city of Shenzhen, near Hong Kong, on Wednesday received a 93…

Steel Cut for World's Largest Container Vessels in Shanghai

Jul 31, 2018

China State Shipbuilding Corporation (CSSC) has commenced construction of CMA CGM’s 22,000 TEU boxships, which would make them the largest container vessels in the world, reported China's official media.The two are among nine 22,000 TEU vessels…

PSA International Acquires Majority Stakes in Canada Port

Jul 31, 2018

PSA International through its subsidiary has acquired 60 per cent of Ashcroft Terminal (AT) , an inland port facility about 300km east of the Port of Vancouver in western Canada, making its first foray into Canada.AT is an inland port facility…

NYK Names New Ship 'Pirika Moshiri Maru'

Jul 31, 2018

A new ship that NYK will own and operate to transport coal for Hokkaido Electric Power Co. Inc. has been named 'Pirika Moshiri Maru.' Honoring the history and culture of Hokkaido’s indigenous Ainu inhabitants, the name of the new ship is derived from the Ainu words 'pirika…

Hafnia Tankers in Leaseback Deal with Sole Shipping Fund

Jul 31, 2018

Denmark's Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund.'Hafnia Tankers has successfully completed two sale and leaseback transactions with Skaatholmen Shipping Ltd, a company owned by Sole Shipping…

GoodBulk Announces Fleet Update

Jul 31, 2018

Bermuda-based owner and operator of dry bulk vessels GoodBulk entered into an agreement to sell the M/V Aquapride, a 2012 built Supramax vessel of 61,465 dwt built by Imabari, JPN at $20.0 million to Suisse Bulkers, an unrelated party.The vessel…

India Issues New Guidelines for Investment in Ports

Jul 31, 2018

India's Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports.One major initiative is to improve the returns earned on treasury investments by the ports for pension…

Hapag-Lloyd Runs Germany’s Largest Maritime Training Program

Jul 31, 2018

Sixty-one young men and women will be starting their three-year apprenticeship at Hapag-Lloyd tomorrow. While some of them will spend the lion’s share of this time on container ships, the on-shore apprentices will cycle through various national and international departments…

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