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Bolivia Joins International Mobile Satellite Organization

Mar 09, 2018

The Plurinational State of Bolivia has become the 104th country to join the International Mobile Satellite Organization (IMSO), the inter-governmental body that oversees the provision of certain satellite-based maritime distress communication services…

CMA CGM Upgrades Indian Sub-continent and Europe Services

Mar 09, 2018

The CMA CGM Group, a world leader in maritime transport, is pleased to announce it is reinforcing its offer, starting 2 April 2018, from Indian Sub-Continent, in a partnership with HLC, MSC, COSCO and ONE. With 2 weekly and complementary services…

Diana Shipping Sings TC Contract for m/v Calipso With Glencore

Mar 09, 2018

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels…

New Tariffs Threaten Import Growth at Container Ports

Mar 09, 2018

Imports at the nations’ major retail container ports are expected to dip slightly this month, but that’s the result of annual Asian factory shutdowns for Lunar New Year rather than new tariffs on steel and aluminum imposed this week, according…

Port of Oakland Building Online Shipping Portal

Mar 09, 2018

Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions that range from tracking to transporting containerized cargo. The move…

Kiel Gets Second Cruise Passenger Terminal at Ostseekai

Mar 09, 2018

A second handling center for cruise ship passengers and their luggage is being built at Kiel’s Ostseekai Cruise Shipping Terminal.  Artist’s impressions of how the new building will look when complete have been made public for the first…

Maersk to Expand Onshore Services in Port Division

Mar 09, 2018

Danish shipping company A.P. Moller-Maersk will begin expanding onshore services at its global port division to accommodate demands from companies like railway operators and freight haulers, according to newspaper Borsen. 'Until now it has been the big shipping lines that have paid our bills…

Denton elected Secretary General of ICC

Mar 09, 2018

John W.H. Denton AO – currently Chief Executive Officer of Australian law firm Corrs Chambers Westgarth – has today been elected as the next Secretary-General of the International Chamber of Commerce (ICC).Mr Denton is a legal expert and adviser on global policy…

Bollinger Announces Promotions

Mar 09, 2018

Bollinger Shipyards President and CEO Ben Bordelon announced the promotions of two key leaders. Jerome Eymard has been promoted to the position of Director of Human Resources, and Rachael Battaglia to the position of General Counsel. Jerome…

Virginia Port’s Cargo Numbers Up

Mar 09, 2018

Despite a slight dip in volume of .7 percent in February, The Port of Virginia’s fiscal year 2018 cargo volumes are up nearly 4 percent, or nearly 69,000 TEUs. “February is a short month and our volume was relatively static, in a year-on-year comparison…

Bjørnar Iversen Resigns as CEO of Songa Offshore

Mar 08, 2018

Bjørnar Iversen, CEO of Songa Offshore SE, has resigned effective 6 March 2018 said a single sentence press statement from the company. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act…

International Seaways Updates on VLCC Acquisition and MR Vessel Sales

Mar 08, 2018

International Seaways, one of the largest tanker companies worldwide, said it acquired a 2010-built VLCC for $53 million, the Seaways Raffles, which commenced trading in the Tankers International pool, during the fourth quarter of 2017. During the fourth quarter…

Aalto Shipping Company Begins Operations

Mar 08, 2018

Aalto Shipping Company, a new Finnish shipping company, is starting operations. The shipping company is owned by Taaleri and its customers together with the acting management. Aalto Shipping Company has acquired to its fleet two modern…

EU Member States Ask to End Crippling Reporting Formalities for Ships

Mar 08, 2018

Led by Denmark, 13 EU Member States have called on the Commission to present an ambitious proposal on revising the Reporting Formalities Directive.  Danish Shipping strongly supports the ambition to sufficiently eliminate the huge administrative burdens on maritime carriers in the EU…

India Plans Freight Village in Varanasi

Mar 08, 2018

The Inland Waterways Authority of India  (IWAI) proposes to develop a“freight village” in Varanasi, informs the government of India. The objective of the project is to support economic development in the hinterland of the multimodal terminal…

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