Kazakhstan Temir Zholy Express ( KTZE ), a provider of transportation and logistics for China's New Silk Road, and global supply chain visibility specialist Globe Tracker International (GT), has announced the deployment of hundreds of intermodal GT Smart UNIT45 reefer containers…
** Dry bulk shipper Golden Ocean's CEO Birgitte Ringstad Vartdal says industry now faces more positive outlook after market brutal downturn** Says demand is picking up, supported by increase in steel consumptions both in China and in the rest of the world…
Gulf Petrochem Group (GP) has strengthened its bunker trading team in Europe with the appointment of Maxime Cramer to the group’s Rotterdam office . He joins a team of bunkering traders headed up by Chris Todd in Europe’s largest bunkering port…
The Swedish Club has launched a new addition to its portfolio, Rules for Charterers’ Insurance, which has been written to recognize the specific needs of charterers and to ensure that cover can be more easily tailor made to meet their individual requirements…
FY operating profit down 66 pct and freight rates down 15.4 percent in 2016. Company says merger benefits, cost cuts help. German container shipping firm Hapag-Lloyd on Tuesday reported a 66 percent year-on-year fall in operating profit for 2016…
Woodside and GE have signed an agreement to work together to support the use of LNG as a fuel in Western Australia.The agreement will provide customers with the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions…
Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 184 graduates of the company’s Apprentice School located at Newport News Shipbuilding. The ceremony was held at Liberty Baptist Church Worship Center in Hampton…
Up to six 366-foot-tall cranes will soon be raised 27-feet higher at the Port of Oakland. The port said the $14 million-to-$21 million project will begin this spring at its largest marine terminal. The objective: make it easier to load and unload megaships with containers stacked high above deck…
ICTSI Oregon, Inc. and the Port of Portland have mutually agreed to terminate a 25-year lease agreement to operate the container facility at the Port’s Terminal 6. The agreement allows ICTSI Oregon to be relieved of its long-term lease obligations effective March 31…
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, received its first official vessel call today with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia.“This is a milestone…
The EU shipping industry directly employed 640,000 people and supported a EUR 57 billion contribution to GDP in 2015, says European Community Shipowners' Associations (ECSA) Adding supply chain and worker spending multiplier impacts, the…
MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean EBITDA of USD 2.15bn, which is only moderately down compared with the previous year. Upstream has shown great resilience to the deteriorating external environment…
ABS, the leading provider of classification and technical services to the offshore industry, has expanded its subsea services team to deliver specialized validation and verification services for subsea systems, including subsea hardware, flowlines…
Software firm Ideagen has announced it has launched Ideagen Coruson – a re-brand of its enterprise safety management and incident reporting software.Gael Enlighten, a cloud-based software solution used by some of the world’s leading brands including Virgin Trains…
Kristen Leonard will return to the Port of Portland (Oregon) on February 27, 2017 as chief public affairs officer, after leaving the port in November 2015 to serve as Governor Kate Brown’s chief of staff. During Leonard’s absence, Bobbi Stedman…