Latest News - page 1162


Port of Hamburg Volumes Up 1.7% in Q1

May 26, 2017

In the first quarter of 2017, the Port of Hamburg’s total throughput was up by 1.7 percent at 35.4 million tons.  Growth in Germany’s largest universal port was therefore slightly above the average 1.6 percent for the other major North Range ports of Rotterdam…

Global Shipping Regulations for a Level Playing Field

May 26, 2017

The relationship between global shipping regulation, through  International Maritime Organization (IMO), and regional implementation can be strong and very effective.  This was the message from IMO Secretary-General Kitack Lim, speaking at the European Maritime Safety Agency (EMSA) in Lisbon…

Port of Long Beach: The Green Port

May 25, 2017

There are two kinds of green. At Long Beach, the commitment to environmental progress remains at the forefront of the port’s business plan. That’s just smart business. A March 2017 visit to the Port of Long Beach provided a close-up view of one of America’s premier seaports…

Navios Partners Buys Five Rickmers Containerships

May 25, 2017

Owner and operator of dry bulk and container vessels Navios Maritime Partners L.P. said it has acquired five containerships from Rickmers Maritime Trust Pte for $59 million. The five 4,250 TEU vessels are employed on charters with a net daily charter rate of $26…

California Pushes Ahead on Ballast Water Compliance

May 25, 2017

California State Lands Commission moving ahead with ballast water compliance protocols We are quickly approaching September 8, 2017, the date when the International Ballast Water Convention will enter into force requiring ships to manage…

Gulf Petrochem Sets Up Russian & Baltic Trading Desk

May 25, 2017

Gulf Petrochem Group (GP) has further strengthened its European bunkering division by establishing a Russian and Baltic trading desk within the Rotterdam office. Boris Kuftyrev has been appointed to manage this desk overseen by Chris Todd in Europe’s largest bunkering port…

Urals Oil Exports From Baltic Ports to Fall in June

May 25, 2017

Russia's June Urals crude exports from the Baltic Sea ports are expected to fall by 15 percent compared with May on a daily basis to 5.51 million tonnes, a preliminary loading plan seen by Reuters showed on Thursday.Crude loadings from the port of Primorsk were set to fall by 30 percent to 2…

XL Catlin Names McAdams Chief Underwriting Officer, Global Marine

May 25, 2017

XL Catlin has announced the promotion of Rob McAdams to the position of Chief Underwriting Officer for Global Marine with immediate effect. Previously, McAdams held the role of UK/ Ireland Marine Leader.McAdams has 20 years’ experience in the insurance industry…

Acquisitions to Yield Better Results for Hoegh LNG

May 24, 2017

Hoegh LNG Partners closed the acquisition of 51% interest in Höegh LNG Colombia Holding, the owner of the entities that own and operate the Höegh Grace on January 3, 2017. The results of the Höegh Grace contributed to the Partnership's earnings for the full first quarter of 2017…

Hapag-Lloyd, UASC Complete Merger

May 24, 2017

Hapag-Lloyd and United Arab Shipping Company (UASC) merged yesterday (May 25, 2017). The merger between the two liner shipping companies was completed in Hamburg.  With 230 vessels and a shared fleet capacity of approximately 1.6 million TEU…

Piracy Comes Back in Somalia

May 24, 2017

Piracy in Somalia is making a comeback and the Gulf of Guinea remains the world’s most active hotspot for crew kidnappings,  UK Chamber of Shipping said quoting latest data. The report said that during the first three months of 2017, armed pirates hijacked two vessels off the coast of Somalia…

Hazard Map to Supplement 'Capt.'s DOSCA'

May 24, 2017

Mitsui O.S.K. Lines will add a hazard map to the Captain's Dynamic Operation System for Counter planning and Analysis (Capt.'s DOSCA), which is provided by Weathernews, and used onboard MOL ships when they are underway. MOL already uses the system on many of its operated vessels…

Protest Holding Back Cargo from Buenaventura Port

May 24, 2017

A protest by residents in the Colombian Pacific port city of Buenaventura has prevented the shipment of hundreds of thousands of tonnes of cargo, the government said on Wednesday, adding that officials are negotiating with community leaders…

Djibouti Opens New Port

May 24, 2017

Djibouti has formally opened one of four new ports designed to cement the tiny Horn of Africa nation's position as a continental hub, a statement from the ports authority said on Wednesday. Doraleh Multipurpose Port has been substantially…

NorSea, Kongsberg Establish Digital Collaboration

May 24, 2017

A new company set up by NorSea Group to simplify logistics through digital technology, NSG Digital, has established a collaborative agreement with the Kongsberg Group. The two are now moving the development and deployment of their new product…

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