Held in Fukuoka, Japan, on March 19, 2017, the 29th Interim Meeting of the Asian Shipowners’ Association (ASA) Shipping Economics Review Committee (SERC)was attended by 21 delegates from ASA member associations of ASEAN, China, Chinese Taipei…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over three-month high on Thursday, buoyed by a surge in capesize vessel activity. The overall index, which factors in rates for capesize…
Xeneta, an ocean freight rate benchmarking and market intelligence platform, has appointed Michael Braun as Director, Value Engineering and Head of Xeneta Advisor department. Braun comes to Xeneta after 10 years with TIM Consult where he…
Maritime recruitment company Faststream Recruitment Group has appointed Jamie Keogh as Executive Vice President of its Houston based North American headquarters. Keogh is a recruitment professional with 19 years' experience withn the sector…
Inchcape Shipping Services (ISS), a maritime and logistics service provider, and Maersk Line has expanded their coverage in Papua New Guinea by adding new ports of call in Madang and Wewak. Both ports complement the existing coverage provided at Port Moresby and Lae…
A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.’s (SHI) Geoje, South Korea shipyard…
The Indian Cabinet has approved signing of a Memorandum of Understanding (MoU) for greater cooperation with regard to marine aids to navigation that includes advice on lighthouses and beacons besides vessel traffic service. 'The Union Cabinet…
Over the years Vancouver, BC based Island Tug and Barge (ITB) has refurbished and repowered older vessels and completed new vessels. The company is currently working on its most ambitious and innovative project to date. In its Annacis Island Shipyard…
Bayou La Batre, Ala. shipbuilder Horizon Shipbuilding, Inc. said it has hired John Hotz as Vice President of Business Development.Hotz brings to the role industry experience and a background in business development, having worked within…
February activity at the Port of Little Rock remained steady and continued the momentum from January. Logistic Services Inc., the port’s stevedoring partner, handled a total of 30 barges, amounting to over 45,000 net tons of cargo. Commodities handled included aluminum ingots and sows…
South Carolina Ports Authority reported nearly nine percent fiscal year-over-year container volume growth through February. SCPA's total fiscal year-to-date container volume reached nearly 1.4 million TEUs last month, compared to 1.3 million TEUs handled during the same period last year…
In the wake of the recent hijacking of tanker Aris 13 off Puntland, Somalia, International Maritime Organization (IMO) Secretary-General Kitack Lim urged the shipping industry to be vigilant and apply diligently IMO guidance and best management practices to avert possible piracy attacks…
On February 15, we announced that Sea Year training for U.S. Merchant Marine Academy (USMMA) Midshipmen will resume on three commercial carriers – Crowley Maritime Corporation, Maersk Line Limited and American President Line. This followed implementation…
Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…
In response to growing traffic through the waterway, the Panama Canal has announced that it will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase the overall…