Latest News - page 1176


CMA CGM Improves India Middle East – East Africa Links

Feb 10, 2017

In line with operational excellence and operating cost discipline, CMA CGM Group wishes to share with you the changes concerning our 2 direct weekly services connecting India Middle East Gulf to East Africa strategic markets Starting February 20th…

Saudi-led Coalition Strikes Yemeni Port

Feb 10, 2017

The Saudi-led coalition has intensified air strikes on the Yemeni port of Hodeidah, possibly trapping civilians and hampering a humanitarian operation to import vital food and fuel supplies, the United Nations said on Friday. Earlier this week…

Winter Weather Delays Grain Movement to US Ports

Feb 10, 2017

Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards…

Port of Indiana-Jeffersonville Handles 2.2 Mln Tons in 2016

Feb 10, 2017

More than 2.2 million tons of cargo were handled by the Port of Indiana-Jeffersonville in 2016, completing the highest three-year total in the port's history. Over 7.4 million tons have been handled at the port since 2014.  The 2016 total…

Damen Repair Yards Earn More ISO Certifications

Feb 10, 2017

A number of Damen Shiprepair & Conversion yards have recently or will soon achieve new ISO certifications as part of an ongoing initiative to standardize operating procedures across the group. Damen Shiprepair Amsterdam (DSAm) and Damen…

Cavotec Names Norin as New CEO

Feb 10, 2017

The Board of Directors of Cavotec SA has  announced that Mikael Norin has been appointed CEO of the Cavotec Group. Mikael Norin will join Cavotec on May 1, 2017 and will, after a transition period, assume full responsibility as CEO on July 1…

Nyheim, Wang Join Wilhelmsen as Vice Presidents

Feb 10, 2017

As part of reshaping the executive team, the Wilhelmsen group adds two senior vice presidents to its group management team. Mr Erik Nyheim will be responsible for Wilhelmsen’s investments in ships service (marine products and agency), safety products and solutions (Survitec)…

Hyundai Heavy Back in the Black

Feb 09, 2017

The South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning from a loss of KRW 1.36 trillion (USD 1.18 billion) seen in the full year 2015…

Wilhelmsen Reports Positive Results

Feb 09, 2017

2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter. Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit. Rate pressure continues…

New Owners, New Equipment at Ohio River Terminal

Feb 09, 2017

Already long established as one of the Ohio River’s premier port terminals, new ownership brought new equipment opportunities for the busy River Road Terminal in the transportation hub of Louisville. Within weeks of Watco Terminal and Port…

Rickmers-Linie Sold to ZEABORN

Feb 09, 2017

Marking further consolidation in the breakbulk and project cargo sector, Rickmers Group said it has sold its business operations of Rickmers-Linie to ZEABORN. Rickmers-Linie GmbH & Cie. KG and MCC Marine Consulting & Contracting GmbH & Cie…

Navigational Changes Needed at Port of Hamburg

Feb 09, 2017

“The Federal Administrative Court in Leipzig has expressly underlined the necessity for the adjustment of the navigation channel with its decision today,” says Jens Meier CEO of Hamburg Port Authority commenting on the judgement of the Federal…

US Imports Growing in First Half of 2017

Feb 09, 2017

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly…

Trump, Trudeau to Discuss Trade on Monday

Feb 09, 2017

President Donald Trump will host Canadian Prime Minister Justin Trudeau on Monday, the White House said on Thursday, a meeting in which trade and a major crude oil pipeline are likely to be on the agenda. The meeting will be the first for the two men since Trump won last November's election…

Australia’s New Ship Simulation Center Opened

Feb 09, 2017

A new specialist Ship Simulation Center, based in Atwell Arcade, Fremantle, was officially opened on Thursday, February 9, 2017 by City of Fremantle Mayor Dr. Brad Pettitt. The Australia Ship Simulation Center, owned and operated by HR Wallingford…

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