Latest News - page 1135


Stena Line Says Sustainability Goals Paying Off

May 08, 2017

“Our belief is that a reduced environmental impact is also essential for long-term profitability,” said Stena Line's CEO, Niclas Mårtensson. “This is why sustainability is included as a central part of our strategy and why we have set ambitious sustainability targets…

Saqr Port Orders Damen ASD Tug

May 08, 2017

Saqr Port, part of Rash Al Khaimah (RAK) Ports, has signed a contract with the Damen Shipyards Group for the delivery of an ASD 2913 tug. The vessel will be built a short distance away at Albwardy Damen in Sharjah and will be delivered in time…

Samskip Unveils Multimodal Carbon Calculator

May 08, 2017

Samskip has unveiled an online CO2 carbon footprint calculator designed to visualize the benefits when using multimodal transport versus road transport. Previously, when a client requested the carbon footprint of a specific unit load, a reliable answer was hard to find…

DHT Rejects Frontline Bid, Again

May 07, 2017

Crude oil tanker company DHT Holdings rejected on Sunday a fifth takeover proposal from shipping tycoon John Fredriksen's Frontline. A statement from DHT Holdings said that its Board of Directors has unanimously rejected Frontline April…

London Eyes Top Maritime Center Slot

May 07, 2017

London has risen from sixth place overall in 2015 to fifth place this year the world’s top maritime centre in Menon Economics’ Leading Maritime Capitals of the World report for 2017 – despite the uncertainty of Brexit. UK Chamber of Shipping…

Inland Shipping Expands in India

May 07, 2017

Integrated cargo transport along multiple waterways begins in India from the banks of Rupnarayan to the shores of Ganga. V. V. Giri, a vessel of the Inland Waterways Authority of India (IWAI) began a landmark pilot movement on April 23, 2017…

Disruption 'Powered by Transas'

May 05, 2017

Maritime Logistics Professional caught up with Frank Coles, the ubiquitous leader of Transas, fresh from his company’s user’s conference in Malta. In typical candor, Coles paints his picture of maritime and shipping’s future. With a captive…

Dedication Ceremony Kicks off Boston Cruise Season

May 05, 2017

In a ceremony not far from the docks where former Mayor of Boston and U.S. Ambassador to the Holy See Raymond L. Flynn once worked as a young man, Governor Charlie Baker, elected officials, community members and children from South Boston, and…

Brazil Mulls Longer, Flexible Port Licenses to Draw Investment

May 05, 2017

Brazil may revise public port regulations to lengthen operators' contracts and encourage improvements, officials told Reuters, in an effort to attract more private investment in infrastructure that is crucial to the country's powerhouse farm sector…

ENGIE, AES to Expand LNG Partnership to Central America

May 05, 2017

ENGIE and The AES Corporation have agreed to enter into a joint venture to market and sell liquefied natural gas (LNG) to third parties in Central America. The joint venture will utilize the Costa Norte LNG terminal currently under construction in Colón…

New Container Facility at DP World London Gateway

May 05, 2017

A new off-dock empty container storage yard is to be opened at DP World London Gateway Port.  The five acre yard will be operated and managed by Solent Stevedores, an award-winning stevedoring company with a broad range of bulk and general…

CMA CGM Rolls Out New Mobile App

May 05, 2017

CMA CGM Group is launching a new version of its mobile application, overhauled with new features that will allow customers to track shipments, provide access to all line schedules and company news.  It is now also available on tablets operating on Android and IOs systems…

The Shipowners' Club Bounce Back to Black

May 04, 2017

The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported resilient results for the year ending 31 December 2016. The Club has reported a combined ratio of 98.6%, an increase in gross tonnage of 0…

Antwerp Port Seeks Investor for Churchill Site

May 04, 2017

Antwerp Port Authority and Energy Recovery Systems Company Ltd. (ERS) have decided by common consent to cancel the option held by the company on the Churchill site.  ERS informed the Port Authority that it needed more time to reach the milestones imposed by the Port Authority…

d'Amico Bullish on Product Tankers

May 04, 2017

d'Amico International Shipping believes that the supply-demand balance in the product tanker freight market is improving. The key drivers that should affect the product tanker freight markets are (i) global oil supply (ii) the crude oil…

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