Latest News - page 1203


Top 8 Cruise Industry Trends for 2017

Dec 16, 2016

As part of its 2017 State of the Cruise Industry Outlook, trade association Cruise Lines International Association (CLIA) has forecasted the top eight cruise travel trends that will have the greatest impact on the cruise industry in the coming year…

Video: US Navy Tests Autonomous Swarmboats

Dec 16, 2016

The U.S. Navy is examining new possibilities for autonomy in future naval missions, putting autonomous unmanned vessels to the test in a recent demonstration in the lower Chesapeake Bay. Officials from the Office of Naval Research (ONR)…

EPA Grant for Port of LA

Dec 16, 2016

The Port of Los Angeles has received an $800,000 grant from the U.S. Environmental Protection Agency (EPA) to deploy green commercial equipment for moving cargo. The award will pay between 25 to 40 percent of the cost to replace and upgrade…

OPDR Acquires New Premises in Leixões

Dec 16, 2016

OPDR Iberia’s Leixões branch is going to expand its team and move into the office of its partner MacAndrews in Leixões in the northwest of Porto. The two CMA CGM subsidiaries will continue to act independently of each other, however, profit from the synergies of the close proximity…

Danish Opposition Ask Government to Stop Beaching Maersk Ships

Dec 16, 2016

The Danish Environment Minister, Esben Lunde Larsen, had to answer to the Parliament yesterday following questions put to the Government by all the opposition parties. The long list of questions had been drafted two months earlier, prompted…

APM Terminals to Promote Safety in Vietnam

Dec 15, 2016

APM Terminals together with AIP Foundation, a road safety nonprofit, is rolling out a new training program in Vietnam to help make the port community of Cai Mep in southern Vietnam safe.  More than 45 truck drivers and other CMIT employees…

No Operating Income from Hanjin Vessels: Danaos Corporation

Dec 15, 2016

Danaos Corporation reports its results for the third quarter of 2016 in the aftermath of the bankruptcy of Hanjin Shipping, one of Danaos' large customers.  Danaos' CEO Dr. John Coustas says: 'As a result of the bankruptcy, we did not recognize…

Peru Workers Plan Strike That Could Disrupt LNG Exports

Dec 15, 2016

Natural gas workers in Peru plan to hold an indefinite strike starting Dec. 29 that would disrupt production of the widely-used fuel as well as Royal Dutch Shell Plc's liquefied natural gas exports, the union SUTRAPPEC said Thursday. Some…

Baugh to Chair Port Manatee Board

Dec 15, 2016

Vanessa Baugh has been elected to a one-year term as chairwoman of the governing board of Port Manatee, which also has chosen its two newest members – Priscilla Whisenant Trace and Stephen R. Jonsson – and continuing member Charles B. Smith as officers…

BCG Delivers Radar/ARPA Stations to CPM

Dec 15, 2016

Buffalo Computer Graphics (BCG) Inc. said it has delivered additional simulators to longtime customer Columbia Pacific Maritime School (CPM), in Portland Ore. CPM ordered two additional radar/ARPA stations consisting of the brand new PC21X7 emulation…

Asian Bulk Fleet Gains Value in 2016

Dec 15, 2016

In what has been a very difficult year for dry bulk, the values of regional fleets have changed quite a bit over 2016. Despite the down market, the Asian fleet is 7 percent more valuable at the end of the year. Since the Baltic Dry Index (BDI) low of 290 points in February this year…

St. Lawrence Seaway Expecting a Strong Finish

Dec 15, 2016

A strong finish to the St. Lawrence Seaway’s 2016 shipping season is expected as freighters deliver raw materials and exports for North America’s industrial and agricultural sectors before the waterway closes December 31. 'The St. Lawrence…

Traditional, Project Cargoes Transit St. Lawrence Seaway in November

Dec 15, 2016

“November was a good month for the export of agricultural products and shipments of aluminum ingots on the Great Lakes Seaway System,” said Betty Sutton, Administrator of the U.S. Saint Lawrence Seaway Development Corporation. “Under the binational trade development program known as ‘Highway H2O’…

Australian LNG-fueled RO/RO Enters Service

Dec 15, 2016

A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia. Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest…

North Asian MR Rates Rise on Strong Winter Demand

Dec 15, 2016

The medium range (MR) tanker market in the North Asia has firmed this week, with rates recovering from last month’s lowest levels in 2016 as charterers rushed to fix an influx of fresh cargoes before the holiday season. Rates for the key South Korea-Japan route grew by $20…

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