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APM Terminals Tangier Celebrates 10 years in Morocco

Jul 28, 2017

APM Terminals Tangier welcomed the Munich Maersk, one of the world’s largest container vessels, as it made its maiden call to celebrate the 10th anniversary of the largest and most modern terminal facility in North Africa. APM Terminals…

Port Canaveral Leads Congressional Briefing on Estuary Issues

Jul 28, 2017

Port Canaveral Environmental Director Bob Musser recently traveled to Washington, D.C. to brief the Congressional Estuary Caucus on the importance of the National Estuaries Program to the nation’s economy. Musser spoke at the Caucus’s third…

POLB Solicits Proposals For Zero-Emissions Technology

Jul 28, 2017

The Port of Long Beach, in partnership with the Port of Los Angeles, has released a request for proposals seeking demonstrations of technologies to upgrade tugboats, crew boats, barges and other harbor craft to cleaner engines. Harbor craft…

Los Angeles Port Expands Incentive Program to Reduce Emissions

Jul 28, 2017

The Port of Los Angeles and other participating Environmental Ship Index (ESI) incentive providers have expanded their rewards programs for vessel operators willing to go above and beyond regulatory standards to cut harmful emissions from ships…

Moss-Type LNG Carrier Joins MISC Berhad's Fleet

Jul 27, 2017

Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C Class Liquefied Natural Gas (LNG) carriers.  The 150…

Brookfield Buys Stake in Teekay Offshore

Jul 27, 2017

Canadian asset manager Brookfield Business Partners will  buy 60 percent of Teekay Offshore Partners, a subsidiary of marine transportation provider Teekay Corp, for about $750 million, Reuters reported quoting company sources. Brookfield…

GasLog Partners Acquires Two Group Firms in Q2

Jul 27, 2017

LNG shipper GasLog Partners acquired from GasLog 100% of the shares in the entity that owns and charters the GasLog Geneva on July 3, 2017. The GasLog Geneva is a 174,000 cubic meter (cbm) tri-fuel diesel electric (TFDE) LNG carrier built in 2016 and operated by GasLog since delivery…

India to Privatize Dredging Corporation

Jul 27, 2017

The government of India is looking to privatize staterun Dredging Corporation of India (DCI).  'A proposal for disinvestment of Dredging Corporation of India Limited is under consideration of the Government of India,' a government press release…

Diana Shipping's New Time Charter for Maia With Glencore

Jul 27, 2017

Diana Shipping has 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 Kamsarmax dry bulk vessels, the m/v Maia.  The gross charter rate is US$10…

Iran's Chabahar Port Signs Pact with India Ports Global

Jul 27, 2017

India Ports Global has signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar - Shahid -Beheshti Port in Iran for transportation of goods and other purposes. 'As per Article 6 of the contract, effort…

EC Measures to Improve Conditions for Seafarers

Jul 27, 2017

The European Commission (EC) has adopted a proposal for a Directive which aims at improving the working conditions of seafarers on board EU-flagged vessels. The proposal transposes an agreement between social partners in the maritime transport sector into EU law…

Crowley’s New U.S. to Cuba Express Shipping Service

Jul 27, 2017

Crowley Logistics' new U.S.-Cuba Express shipping service for approved donated goods from South Florida to Cuba features at least three sailings per month, fast 16-hour transits and delivery at destination.Individuals can ship non-commercial gift parcels that meet particular requirements…

Matson to Start U.S. Flag Marshall Islands Route

Jul 27, 2017

Matson has announced that it will introduce a new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ('RMI') that will shorten cargo transit times to the RMI from the U.S. mainland by as many as eight days.   The…

Hyundai Merchant Marine Seeks USD 8.9 bln from KDB

Jul 26, 2017

Hyundai Merchant Marine (HMM) requested the Korea Development Bank (KDB) to support with a total of 9.9 trillion won (US$8.9 billion) in funds until 2022  to grow into the 8th largest global shipping company in the future, Business Korea reported…

Japan Bank Finances Danish Shipper

Jul 26, 2017

The Japan Bank for International Cooperation (JBIC) will provide a total of $28.3 million in syndicated loans with French bank BNP Paribas to help a major Danish shipping operator’s unit buy cargo vessels to be built by leading Japanese shipbuilder Imabari Shipbuilding…

Current News

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Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

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