Latest News - page 1093


Idwal Marine Secures Ten Year Contract for Flag Services

May 19, 2017

Idwal Marine announced the signing of a new contract after tender process with the Isle of Man Ship Registry, for the provision of maritime support services, which has been inked for a 10 year term. The Ship registry has developed a new…

The Time to Digitize is Now -INTTRA

May 19, 2017

In a new whitepaper -- Blueprint 2032: How Technology Transforms Ocean Container Shipping - INTTRA, the ocean container shipping industry's largest neutral electronic transaction platform, reports that the pace of technology innovation is accelerating…

ADM Brazil Unit Invests $85 Mln in Santos Port

May 19, 2017

The Brazilian unit of Archer Daniels Midland Co on Friday said it had completed a 33 percent expansion in its Santos port terminal's export capacity to 8 million tonnes of grains per year. The company invested 280 million reais ($85.19 million) in the project…

Port Manatee, Guatemala Seek to Grow Trade

May 19, 2017

Port Manatee and Guatemala are seeking to build upon their relationship in the wake of a visit from a Guatemalan trade commissioner.“Port Manatee is already an important hub for Guatemalan imports and exports, and we see substantial prospects for growth in this relationship…

CMA CGM Posts Higher Q1 Profits

May 19, 2017

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump. The…

Wilhelmsen Drone Project Takes Off

May 18, 2017

Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency essentials via drone. A much talked about technology, with obvious applications for the shipping industry…

Safe Bulkers Expands Fleet

May 18, 2017

Safe Bulkers, in its Q1 financial results annoucements said that with the latest addition of Pedhoulas Rose, its fleet has increased to 38 dry bulk vessels.In January 2017, the company took delivery of Pedhoulas Rose (Hull No. 1146), a 82…

Liberian Registry No 1 Choice for Greek Shipping

May 18, 2017

Liberia has confirmed its position as the leading flag of choice for Greek ship owners and operators, according to statistics produced by the independent research and information organisation Marine Information Services (MIS) in Greece. The…

Death Toll On The Rise at Chittagong Shipbreaking Yards

May 18, 2017

Two workers lost their lives at the Chittagong shipbreaking yards in the last two weeks, bringing the total death toll this year to six workers, reports NGO Shipbreaking Platform. On 6 May, 26-year-old Shahinoor died at Jamuna Shipbreaking yard…

EMP Inks Deal to Supply Aquarius MAS

May 18, 2017

Eco Marine Power (EMP) has signed a Memorandum of Understanding (MOU) with a Singapore based shipping company to supply its Aquarius Management and Automation (MAS) + Solar solution. The solution will also include hardware and software that…

Baltic Exchange Names Sykes Chief Commercial Officer

May 18, 2017

The Baltic Exchange has appointed a new chief commercial officer; Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on July 3. Sykes worked at Clarksons Platou between…

Attack on Yemen's Port Would Push Country Nearer Famine -UN

May 18, 2017

An attack on Yemen's Hodeidah port would push the country closer to famine as humanitarian agencies have no other way to deliver all the food and aid that is needed, a U.N. official said on Thursday. A Saudi-led military coalition has been preparing an assault on the key Red Sea port…

North Korea's New Ferry Service Makes First Trip to Russia

May 18, 2017

A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday. The ferry's Russian operators say it is purely a commercial venture, but it coincides…

Swiss Fleet Dwindles as State Guarantees End

May 18, 2017

A dozen ships from the Swiss high seas fleet are being sold off as the global shipping crisis takes its toll on the quirky remnant of landlocked Switzerland's efforts to ensure supplies of essential goods at times of international unrest. Worried…

Hapag-UASC Tie-up Nears Completion

May 18, 2017

German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters.The deal to create the world's fifth-biggest shipping company…

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