DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris.France’s attractiveness…
The first container ship belonging to Iran's IRISL docked at Antwerp after departure Homburg.According to MANA, a cargo ship belonging to Iran's IRISL docked at Antwerp as her second port, becoming the first Iranian ship to reach Europe after a hiatus of over six years…
Hyundai Merchant Marine (HMM), FESCO and CMA CGM announced the launch of a new China-Korea-Russia weekly service, under the name ‘CRS (China Russia South Service).’Prior to the launch, HMM has been jointly operating two services ‘KRS (Korea…
COSCO-PSA Terminal Pte Ltd (CPT), a joint venture company formed by Cosco Pacific Limited (Cosco Pacific) and PSA Corporation Limited (PSA), is investing in new container berths in Singapore capable of serving the next generation of mega container vessels…
Diana Shipping Inc has inked new time charters with Glencore Grain B.V., Rotterdam for two of its panamaxes at rates below the previous charters, with the contracts commencing on March 26. Diana entered into a time charter contract with Glencore for 74…
Cosco Pacific Ltd.'s 2015 net profit rose 30% from a year earlier on the back of a write back of a provision. It recommended a final dividend of 22.9 Hong Kong cents a share. The full-year net profit was US$381.6 million compared with US$292…
DNV GL’s fleet performance management solution ECO Insight has become an incentive provider for the Environmental Ship Index (ESI), a voluntary system designed to improve the environmental performance of sea going vessels. DNV GL offers…
Maersk line's Annual Award Night recognizes the best performing logistics solutions providers and top customers of Maersk Line for the year 2015 For the fourth time in a row, Al Sharqi Shipping was awarded the Maersk Platinum Award, recognizing…
Flirtey Claims First Fully Autonomous, FAA-Approved Urban Drone Delivery in the U.S. As the aerial drone industry comes under increasing scrutiny regarding safety issues, Flirtey reports that it has completed the first fully autonomous, FAA-approved urban drone delivery in the United States…
Jo-Kell, Inc., an electrical distribution, engineering and solutions provider servicing the military, commercial marine and industrial marketplaces, is expanding its ability to serve customers on the U.S. West Coast with the opening of a sales office in…
Sutherland Asbill & Brennan LLP has announced that Paul C. Freeman has joined the firm’s Energy, Environmental and Commodities Practice Group as counsel in the New York office. Prior to joining Sutherland, Freeman maintained a diverse practice as the principal of Freeman Law Group…
A federal judge in San Diego on Friday sentenced a U.S. Navy captain caught in a $30 million bribery scandal to 46 months in prison, bringing to a close the case against the highest-ranking officer in the fraud scheme. Captain Daniel Dusek…
China Cosco Shipping plans to retain its current container alliances until they expire, after which it plans to sign a new deal, it said on Monday. The group's spokesman, Yu Zenggang, did not say when the current alliance agreements were due to expire…
Huntington Ingalls Industries (HII) hosted Rep. Mike Conaway, R-Texas, for a tour of the company’s Newport News Shipbuilding division. The visit provided an opportunity for Conaway to meet shipbuilders and see the progress being made across Newport News’ ship construction programs…
March 24, the national standards prepared by the COSCO Shipyard led - 'Chinese ship repair quality standards' by the review of the national marine vessel Standardization Technical Committee ten third annual meeting, marking the first Chinese…