Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11…
Similar to container vessels, bulk carriers and cruise ships, car carriers are rapidly growing in size, says a report by DNV GL. A new series of the world’s largest pure car and truck carriers sets a new standard for this segment. The…
CMA CGM announced and amendment to the port rotation of its MIDAS service. Effective with M/V KOTA MAJU at Khor Fakkan on January 4th, 2017, MIDAS serving India and Middle East Gulf to Africa and Indian Ocean, operated with 10 vessels up to 3…
South Korean major shipbuilder Samsung Heavy Industries Co is aiming to clinch orders worth more than US$6 billion this year, South Korea's Yonhap news agency reported the company's head as saying. Park Dae-young, president and CEO of the shipbuilder…
Choice Ballast Solutions (Choice), a provider of ballast water treatment planning, installation and compliance, has hired Debra DiCianna as Senior Compliance Engineer. DiCianna’s career in the maritime industry spans over 25 years with extensive…
A new study commissioned by the U.S. Treasury Department lists modernization of the locks at Sault Ste. Marie, Mich., as one of the 40 American transportation and water “megaprojects” that could bring as much as $1.3 trillion in national economic benefits…
It seems like a lifetime coming, but the IMO International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) has been approved and will enter into force on September 8, 2017. Deemed as an environmental necessity…
U.S.-flag Great Lakes freighters (lakers) moved 83.3 million tons of cargo in 2016, a decrease of 4.5 percent compared to 2015, according to the Lake Carriers’ Association (LCA). The 2016 float was also 7.7 percent below the fleet’s five-year average…
Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has been selected to provide industrial drive and automation solutions for The Port of Virginia’s historic expansion project, totaling 86 Konecranes Automated-Stacking Cranes…
Aiming to contribute to the future of the marine industry, the National Marine Representatives Association (NMRA) announced it is offering a $3,000 scholarship to an outstanding individual pursuing education and a career in the maritime trades…
Abaqus and Intelek Announce Transportation EDI Support for Rapid Integration of Logistics Management Capabilities with 3rd Party TMS Systems Abaqus, Inc., a provider of the myGeoTracking cloud-hosted mobile workforce management and transportation support platform…
Maritime and logistics service provider Inchcape Shipping Services (ISS) said it is expanding its maritime service portfolio with the launch of its Maritime Advisory team. The new Maritime Advisory team will serve all maritime sectors from containers…
John Parrott assumed the role of President and CEO of Foss Maritime on January 1, 2017, after completing a four-month transition announced last July. Parrott joined Foss in January 2016 as Chief Operating Officer; in August 2016 he assumed the…
Australia and Japan signed a memorandum at the headquarters of the Australian Maritime Safety Authority (AMSA) in Canberra which will allow liquid hydrogen to be shipped in bulk for the first time. Ship containment systems are being developed…
The International Association of Dredging Companies (IADC) has announced the appointment of Frank Verhoeven as the new President of the IADC Board of Directors.Verhoeven was part of the Royal Boskalis Westminster group of companies for 40 years…