Latest News - page 1367


Wilson Appointed to US Supply Chain Committee

Apr 11, 2016

Melzie Wilson, VP Compliance for logistics provider Mallory Alexander International Logistics appointed to the committee by Secretary of Commerce Penny Pritzker Melzie Wilson, Vice President – Compliance at Mallory Alexander International Logistics…

StFX Seeking Maritime Policy Chair

Apr 11, 2016

St. Francis Xavier University announces call for applications for the Irving Shipbuilding Chair in Arctic, Marine and Security Policy St. Francis Xavier University (StFX) in Antigonish, NS, and Irving Shipbuilding have issued a call for applications for the Irving Shipbuilding Chair in Arctic…

New Data Exchange Rules for International Shipping

Apr 11, 2016

Mandatory requirements for the electronic exchange of information on cargo, crew and passengers have been adopted by the International Maritime Organization (IMO), as part of a revised and modernized annex to the Convention on Facilitation of International Maritime Traffic (FAL)…

Pirates Kidnap Six Crew from Tanker off Nigeria

Apr 11, 2016

Six Turkish members of a cargo ship's crew have been kidnapped by pirates off the coast of Nigeria, a spokesman for the Nigerian navy said on Monday. The crew members of the merchant tanker M/T Puli were abducted some 90 miles from the coast at around 1:30 a…

AccessESP Names Algeroy as Europe and Africa Region Manager

Apr 11, 2016

AccessESP, a provider of rigless electric submersible pump (ESP) conveyance solutions for the worldwide oil industry, has named John Algeroy as the Europe and Africa Region Manager. Based in Houston, he will be responsible for all marketing…

Ingalls Shipbuilding Promotes Wilkinson, Duthu

Apr 11, 2016

Huntington Ingalls Industries’ ( HII) Ingalls Shipbuilding division announced that Richard Schenk, vice president of program management, will retire on July 1 after 33 years of service. He will be succeeded by Kari Wilkinson, effective May 23…

ILO Minimum Wage for Seafarers to Stay at $614

Apr 11, 2016

The recommended International Labor Organization (ILO) Minimum Wage for Able Seafarers will remain at its current level of $ 614 basic pay per month until at least 2018.This follows an ILO Joint Maritime Commission (JMC) meeting held in Geneva last week…

Maersk Krishnapatnam Service from April 17th

Apr 11, 2016

Maersk starts its Krishnapatnam Service from April 17th and Kattupalli on April 19th, 2016. Both these calls are strategic and are aimed at supporting the growth of local businesses in the hinterland covering Andhra Pradesh, Northern Tamil Nadu and Eastern Karnataka…

New ABS Guide for Reducing PSC Detentions

Apr 11, 2016

New mobile-friendly, interactive format makes it easy to define and address Port State Control compliance concerns to reduce detentions.(Houston)  ABS, a leading provider of classification and technical services to the global marine and offshore industries…

SAAM to Invest $140 mln

Apr 11, 2016

SAAM, multinational company that provides port, towage and logistics services in 15 countries in Latin America, held this morning a Shareholders’ Meeting, where it reported on the positive results of the 2015 exercise and the perspectives for 2016…

Mixed Prospects for Container Shipping

Apr 11, 2016

The latest Container Shipping Forecaster from Maritime Strategies International (MSI) makes a more optimistic forecast on the demand side.  Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI's…

Cargo Traffic at India's State-run Ports Records growth

Apr 11, 2016

India’s major ports controlled by the union government recorded a 4.3% year-over-year increase in container throughput in fiscal year ended March 31, 2016, says a report in the Times of India. The irony is that while ports handled by the private sector witnessed a slowdown in shipments…

China's Acquisition of Piraeus Port a Booster for Greek Economy?

Apr 11, 2016

Greece has formally signed an agreement to sell a 67% stake in the Port of Piraeus to Chinese shipping company China Cosco Holding Co. Under the deal, COSCO, the fourth-largest container shipping firm and second-largest port operator in the world…

CIMC Plans $928 Million Share Sale

Apr 11, 2016

The world’s biggest maker of shipping containers China International Marine Containers Group Co. (CIMC) plans to raise 6 billion yuan ($928 million) selling shares to fund an expansion of a business park in Shenzhen and other assets, reports Bloomberg…

US, Japan Keen to Raise South China Sea at G-7

Apr 11, 2016

South China Sea warning looms over G7 summit. The United States is keen to raise the issue of South China Sea at a Group of Seven foreign ministers (G-7) meeting in Hiroshima.  The US expects that this move would likely draw an angry response from the government in Beijing…

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