PAO Sovcomflot, Asea Brown Boveri Ltd. (ABB) Company and the Admiral Nevelskoy Maritime State University (MSU) have signed an agreement for research, technological and educational partnership. The document provides for the establishment of the…
After successfully acquiring a controlling interest in NOL, CMA CGM has consolidated the Singapore-based company since 14 June, says a press release from the company. Singapore’s Neptune Orient Lines (NOL) is the parent company of container carrier APL…
Nicolas Quéru has been appointed to lead Navico’s Commercial Marine Division worldwide to take forward the marine electronics group’s continuing strategy for growth. Quéru has been made EVP Managing Director with immediate effect following his promotion from Vice President…
It’s been widely reported over recent years that the maritime industry is facing a workforce crisis. A lack of newly trained candidates to fill the gaps caused by retirement of an aging workforce, now compounded even further by the oil price crash…
Aberdeen Harbor Board said it has completed the restructuring of its Marine Operations Department with the internal appointment of Captain Jeff Gaskin as new Harbor Master and Alexandra McIntosh as Marine Manager. Gaskin, formerly the Harbor’s Marine Superintendent…
Maersk Line, the world's biggest container shipper and a unit of Danish conglomerate A. P. Moller-Maersk, said on Friday in relation to the collapse of South Korea's Hanjin Shipping Co Ltd: * Maersk Line expects minimal impact on its customers' cargo…
Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C$2…
The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary. But, putting it into perspective, compared to the devastating freight rate levels over the same period…
U.S.-flag Great Lakes freighters (lakers) moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reports. The July float was also 9 percent below the month’s five-year average…
International law firm Hill Dickinson will be welcoming new partner Caroline Thomas to its Hong Kong practice on 5 September 2016. Caroline specialises in insurance, shipping and competition law with a focus on dispute resolution and regulation…
ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…
Hamburg-based ship management company E.R. Schiffahrt is expanding its strategic partnerships with international clients and shipping lines. For Nippon Yusen Kaisha (NYK) – one of the largest shipping companies in the world with nearly 800 vessels…
Gateway Distriparks Limited (GDL) has appointed Captain Kapil Anand as Director - CFS with effect from 1st September 2016.Captain Anand will be managing the day to day affairs of the CFS business and will be responsible for business development & operations on a Pan India basis…
Some 44 of Hanjin Shipping Co Ltd's ships have been so far denied access to ports while 1 ship has been seized, Reuters reports quoting a company spokeswoman. The 44 ships include instances where port service providers such as lashing firms have denied service…
The Maritime and Port Authority of Singapore (MPA) held a half-day emergency preparedness exercise, codenamed ‘FEREX 2016’ yesterday (September 02). The annual ferry exercise (FEREX) aims to test the readiness of various agencies to respond to ferry mishaps in the Port of Singapore…