Forth Port’s Chief Executive was joined by apprentices, graduates and Skills Development Scotland for a ‘turf-cutting’ ceremony to officially mark the start of construction of a new, purpose-built, Training Academy located within the Port of Grangemouth…
Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of course for the Turkish company…
World goods trade will grow 4.4 percent this year, maintaining a rapid recovery that could nevertheless unravel if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday. Global trade growth…
The intermodal transportation firm Oceanex has swelled the ranks of sailors volunteering as whale observers for the Réseau d’observation de mammifères marine (ROMM). The crews of the Oceanex Sanderling, the Oceanex Connaigra and the Oceanex…
National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI). Industry leader adds fourth VLCC this year, bringing its total number of vessels to 92…
Danish A.P. Møller – Mærsk A/S has decided to establish a restricted shares plan for the members of its Executive Board in addition to the stock option plan established in 2017. 'In continuation of the adoption of revised General guidelines for incentive pay and Remuneration Policy for A…
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings…
Greece-based Euroseas announced the sale of M/V Monica P, a 46,667 dwt vessel, built in 1998, to unaffiliated third party for the gross amount of $6.45 million. The owner and operator of drybulk and container carrier vessels and provider…
Chilean maritime services and logistics company SAAM announced its plans to invest some $85 million to reinforce its tug fleet and maintain port equipment and infrastructure. 'In 2018, we expect to invest close to $85 million, which will be…
Kathryn Whittaker has been promoted to captain of Sea Cloud Cruises’ Sea Cloud II, becoming the first female Canadian captain of a passenger cruise ship and the first ever first female to captain a vessel in Sea Cloud fleet. Prior to being promoted to captain last month…
Shipping giant A.P. Moller – Maersk has enlisted a cloud-based Integration Platform as a Service (iPaaS) solution provider to help make its data available to external parties and improve customer visibility. Finland based Youredi, provider of a range of solutions related to big data…
The Port of Virginia processed 252,230 twenty-foot equivalent units (TEUs) in March, pushing the port’s growth thus far in fiscal year 2018 to 4.4 percent. Further, March’s TEU volume was nearly 9 percent ahead of the same month last year. “March’s…
The Port of Felixstowe has taken delivery of its first two remote control ship-to-shore (STS) gantry cranes. The two new cranes, the 32nd and 33rd at the UK's largest container port, were delivered on the Zhen Hua 23 from ZPMC in Shanghai…
Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel 'La Fresnais' and 'Interlink Amenity'. In press release, Ocean Yield said that it took the delivery of the 2018 built handysize dry bulk vessel 'La Fresnais' on April 10…
India signed an MoU with the Republic of Korea (South Korea) on Mutual Recognition of Certificates of Competency of Seafarers. This paves the way for the two governments to mutually recognize the certificates of maritime education and training…