Following the announcement of the joint venture agreement by Bahri, a leader in transportation and logistics, and Koninklijke Bunge B.V. (“Bunge”), a wholly-owned subsidiary of Bunge Limited, a agribusiness and food company, the two companies…
Globus Maritime Limited, a dry bulk shipping company, yesterday reported its unaudited consolidated operating and financial results for the six month period ended June 30, 2017. Athanasios Feidakis, President, Chief Executive Officer and Chief Financial Officer of Globus Maritime Limited…
Mercy Ships Cargo Day is being held for the second year, and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. The participants can either donate part of their commission this day or choose a sum of money they want to donate…
After just 60 days and 18 months of construction, the GSEZ Mineral port and New International Port of Owendo in Gabon, Africa, are fully operational and contributing to improve transport connections in the area. Engineering and project…
A new cruise terminal will be built in Copenhagen, having received the go-ahead from the Board of Copenhagen Malmö Port (CMP). CMP has responded to rising demand and has assessed that current facilities need to be augmented with another terminal building…
Foss Maritime Company said it has contracted with the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) to support the relief and rebuilding efforts in Puerto Rico and the U.S. Virgin Islands following Hurricane Irma and Hurricane Maria…
Abu Dhabi Port Company (ADPC) has purchased two newly built tugs from Sanmar shipyards of Turkey. The new Yenicay Class tugs, based on the same Robert Allan Ltd Rascal 1800 basic design-which are equipped with the latest technology and have a bollard pull power of 30 metric tons…
XL Catlin expands its marine insurance team with the addition of Stephen Clark as Vice President, National Hull & Liabilities Practice Leader in Chicago and Alison J. Rizzi as Senior Ocean Marine Underwriter in New York. In his new role with XL Catlin…
Geneva-headquartered energy and commodities trader Vitol has signed an US$8bn loan refinancing of credit facilities agreed in October 2016, the company announced on Wednesday. The revolving credit facility, which is used for working capital and general corporate purposes…
The volume growth at major ports was low at 3 percent during the first five months of current fiscal, FY2018 as coal volumes recorded 12 percent decline during the period, even as iron ore volumes grew 29 percent.According to K. Ravichandran…
India's H-Energy Pvt Ltd, a unit of real estate group Hiranandani, will start operations at its liquefied natural gas (LNG) terminal in the western Maharashtra state by May 2018, its chief executive said on Wednesday. India plans to raise…
Pioneer Marine, a leading shipowner and global drybulk handysize transportation service provider enters into cooperation with BaltNav A/S, Copenhagen. The owner of 16 handy size bulk carriers commenced as of October 3rd, a cooperation with the Danish operator BaltNav…
Diana Shipping 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 Ice Class Panamax dry bulk vessels, the m/v Crystalia. The gross charter rate is US$11…
To demonstrate multilateral cooperation between littoral states and stakeholders to improve navigational safety in the Straits of Malacca and Singapore (SOMS), Phase Two of a Joint Hydrographic Survey was formally launched via a Memorandum…
ECSA, European Community Shipowners’ Associations has appointed Mr. Martin Dorsman (56) as its new Secretary General in Brussels. Mr. Dorsman will start in his new position on November 1st 2017. Mr. Dorsman will transfer to ECSA from the…