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Bear Head LNG GHG Management Plan Approved

Jul 13, 2016

Bear Head LNG Corporation Inc. (Bear Head LNG) received Nova Scotia Environment’s (NSE) approval for its Greenhouse Gas (GHG) Management Plan for its liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia…

Virginia Port throughput a Modest 2.57 Mi TEUs

Jul 13, 2016

Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped to push the port to a solid finish for fiscal year 2016.“We finished fiscal year 2016 in positive territory…

UASC to Sell Chemical Tanker Unit

Jul 13, 2016

United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals  as part of its plans to merge with German container line Hapag-Lloyd, says Bloomberg. UASC hopes the sale will fetch over $600m…

Cosco Bypasses Railway Strike by Sea Route

Jul 13, 2016

Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around the problem created for its freight forwarding network by Greek railway workers’…

Brexit: Potential Implications For The Maritime Sector

Jul 13, 2016

While the nature of the United Kingdom’s future trading relationship with the European Union (EU) will take some time to become clear, it is important to realise that in the immediate aftermath of the result of the UK’s recent EU referendum…

The Future of Ports and Their Relationship with Cities

Jul 13, 2016

The development of cities such as Antwerp and Yokohama had been shaped by the growth of their port industry over the years. However, this relationship is dynamic, and both cities have come up with innovative solutions to balance port growth and urban liveability…

Myanmar accedes to CLC Protocol

Jul 13, 2016

​Myanmar has deposited its instrument of accession to the 1992 Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC).  The efforts to bring the legislation into national law followed the participation…

Hapag-Lloyd Still Strong in Canada

Jul 13, 2016

Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%.  Hapag-Lloyd is the largest liner shipping company in terms of throughput…

US Coast Guard Shipyard Under New Command

Jul 12, 2016

U.S. Coast Guard Captain Matthew Lake assumed command of the U.S. Coast Guard Yard on July 1, 2016. He is the 42nd Commanding Officer in the 117-year history of the yard, the only shipbuilding and major ship repair facility of the U.S. Coast Guard…

Cruise Industry Sees More Women in Leadership Roles

Jul 12, 2016

When she left her home in the remote Faroe Islands and took a temporary job as a stewardess on a cargo ship, Inger Klein Thorhauge wanted most to become a wife and mother. But life at sea held such an attraction that she worked her way up through…

Navico Under New Ownership

Jul 12, 2016

Navico Holding AS (Navico) is to be Acquired by Goldman Sachs Merchant Banking Division and Altor Fund IV Navico – a provider of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands – announced that Goldman…

CMA CGM Awards Top Customer Al Sharqi Shipping

Jul 12, 2016

Recognized for a third time in a row, Al Sharqi Shippping is awarded yet another year as a top customer for CMA CGM Logistics service provider Al Sharqi Shipping informs it has been recognized yet again as one of container shipper CMA CGM’s top customers for 2015…

ISS Awarded NYK Liner Agency in Australia

Jul 12, 2016

Inchcape Shipping Services (ISS) has been awarded the NYK Liner agency in Australia.  Part of the Nippon Yusen Kabushiki Kaisha Group, one of the world’s leading transportation companies, NYK Line container services has appointed ISS to represent…

China Loses on South China Sea Ruling

Jul 12, 2016

The United States urged all parties to avoid provocative statements or actions after an arbitration court ruled on Tuesday that China has no historic title over the waters of the South China Sea. 'The decision today by the Tribunal in…

Oil and Shipping Markets on Edge After South China Sea Ruling

Jul 12, 2016

Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled against Beijing's claims across large swathes of the South China Sea, fuelling geopolitical tensions in the vital waterway. A tribunal in The Hague…

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