Latest News - page 1231


Krishnapatnam Port Unveils New Control Center

Oct 28, 2016

Krishnapatnam Port, the country’s largest all-weather; deep water port on the east-coast of India has always been proactive in adopting new and innovative technologies to enhance improved efficiencies in port security and operations. In sync with the new age initiatives…

OOCL Revenue Slides in Q3

Oct 28, 2016

Orient Overseas Container Line's (OOCL) total revenues decreased by 13.8 percent to $1.15 billion, for the third quarter of 2016. The shipper’s total volumes were up 5.2 percent from the same period last year. Loadable capacity increased by 0…

Sulphur Cap Transition Is No 'Walk in the Park' -BIMCO

Oct 28, 2016

BIMCO, the world’s largest international shipping association, has responded to the decision at the International Maritime Organization’s Marine (IMO) Environment Protection Committee (MEPC) on the implementation of the global sulphur cap for shipping…

OSC Holds Mumbai Seafarers’ Conference

Oct 27, 2016

Oman Ship Management Company (OSC) said it hosted a high-level conference in Mumbai for senior officers following a rapid rise in crew numbers. The ‘Seafarers’ Safety Conference’ was a platform for Oman Shipping Company’s subsidiary Oman…

Radio Holland Names Sepers Netherlands GM

Oct 27, 2016

Jan-Arie Sepers has returned to Radio Holland, where his career began 26 years ago. On October 3 he started as General Manager of Radio Holland Netherlands, after a career at Nokia. Sepers started at Radio Holland in Rotterdam as a service engineer in 1990 after studying electrical engineering…

Sullivan Named CFO at Viega

Oct 27, 2016

Viega LLC has appointed John Sullivan as its new chief financial officer, responsible for overseeing, managing and planning strategy for all of Viega’s accounting, financial and IT initiatives.Sullivan has more than 25 years of experience in executive leadership for the industrial…

Upgrade Preps Port of Heysham for Larger RoRos

Oct 27, 2016

A new link-span bridge at the Port of Heysham is set to increase throughput at the Lancashire port by allowing it to accommodate larger RoRo vessels operating on the Irish Sea. The £10 million investment by owners Peel Ports will create…

Nicom Secures Texas Seaport Contract

Oct 27, 2016

Nicom Maritime, a division of Nicom IT Solutions of Halifax, won a contract to install a seaport software system for the Port of Beaumont in Beaumont, Texas. The system, an integrated vessel scheduling, cargo tracking, and billing system…

Fitch: US Ports Exposed to Shippers via Terminal Operators

Oct 27, 2016

Hanjin Shipping's and Outer Harbor Terminal's (OHT) bankruptcies this year have raised questions about the legal separation of joint venture terminal operators that are often lease counterparties for U.S. ports, Fitch Ratings says. These events…

Hanjin Containership Set to Dock in Vancouver

Oct 27, 2016

A container vessel that spent months sitting off Canada's west coast due to the collapse of a major South Korea shipping company is set to dock in Vancouver on Thursday, port and union officials said. The Hanjin Scarlet, with nearly 800 containers on board…

Container Shipping: Bright Spots Exist -Xeneta

Oct 27, 2016

In-depth analysis of Q3 container shipping costs reveals positive trends for the beleaguered container carrier segment, according to Xeneta, a benchmarking and market intelligence platform for containerized ocean freight. However, the market remains highly complex and unpredictable…

Capesize Rates Fall to Eight-week Low

Oct 27, 2016

Freight rates for large capesize dry cargo ships on key Asian routes, which fell to an eight-week low on Wednesday, are likely to continue to slide next week as charterers drip-feed cargoes in an over-tonnaged market, brokers said on Thursday…

Iran Shipping Lines Head Sees Business Rebound by Mid-17

Oct 27, 2016

Container shipper Islamic Republic of Iran Shipping Lines (IRISL) Chairman Mohammad Saeidi expects the firm to have recuperated by the middle of next year the business lost while Iran was subject to international sanctions. 'Step by step the problems have been resolved…

IMO Sets Regulations to Cut SOx Emissions from 2020

Oct 27, 2016

The United Nations' shipping agency on Thursday set global regulations to limit the amount of sulphur emissions from vessels which will come into force from 2020.A session of the International Maritime Organization's Marine Environment Protection Committee in London set the new regulations…

New Operator Takes over Baltimore's Seagirt Container Facility

Oct 27, 2016

In an agreement reached earlier this year between Ports America Chesapeake and CSX Intermodal Terminals, Inc. (CSXIT), the operational responsibility for CSXIT services at Seagirt Container Transfer Facility was transferred to Ports America Chesapeake in the Port of Baltimore…

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