Matson, Inc., a U.S. carrier in the Pacific, reported net income of $9.9 million, or $0.23 per diluted share for the quarter ended June 30, 2015. The company said its second quarter results were negatively impacted by $13.5 million of additional selling…
Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking answers about product selection and the application of hardfacing and high alloy joining consumables…
Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of the Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion…
Russia has submitted its bid for vast territories in the Arctic to the United Nations, AP reported as the Foreign Ministry saying. The ministry said in a statement that Russia is claiming 1.2 million square kilometres (over 463,000 square…
Asia to Northern Europe shipping freight rates for transporting containers jumped by 177.3 percent to $1.109 per 20-foot container (TEU) in the week ended on Friday, reports Reuters, quoting data from the Shanghai Shipping Exchange. As…
The Port of Halifax, Nova Scotia, may be getting a new lease on life with the arrival on August 3 of the CMA CGM Vivaldi at Halterm International Container Terminal. The 8478-TEU, 334-metre long Vivaldi is the largest container vessel to berth at Halterm and on Canada’s East Coast…
According to data from the International Chamber of Commerce’s International Maritime Bureau, pirate attacks in Southeast Asia hit a 12-year high in the first six months of 2015. Indonesia suffered 54 attacks, the highest tally since 2003…
The boards of the International Seafarers Welfare and Assistance Network (ISWAN) and the Maritime Piracy Humanitarian Response Programme (MPHRP) are pleased to announce the moving of the activities of the MPHRP into ISWAN. A transfer agreement was signed by both parties on 3 August 2015…
The port commissions of Seattle and Tacoma voted unanimously to form the Northwest Seaport Alliance, unifying the longtime rivals’ marine cargo divisions. The alliance aimed at helping the former rivals stave off growing competition, and regain market share…
The Chinese Foreign Minister Wang Yi said China hopes to connect its 21st-century Maritime Silk Road with the ASEAN Community, reports the state news agency Xinhua. China and the Southeast Asian countries were linked with each other by the ancient maritime Silk Road in history…
Taiwan’s Evergreen Marine Corp. has authorized one of its huge container ships to berth at Shahid Rajaei port in southern Iranian province of Hormozgan, reports Press TV. Ebrahim Idani, director general of Hormozgan Ports and Maritime Department…
United States Maritime Administration tours Maritime Technology and Training Center site. Administrators from the United States Maritime Administration (MARAD), along with staff from United States Senators John Cornyn and Ted Cruz, recently…
Solo kitesurf along East Africa coast in aid of Mission to Seafarers and Adeso. Pacific Basin shipping executive Jacob Bliksted Sørensen has begun his 1,000km kitesurf challenge between Mozambique and Somalia, in aid of Mission to Seafarers and Adeso (African Development Solutions)…
Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”). The current Chief Financial Officer, Chris Whiteside, has been appointed as acting Chief Executive Officer. Captain…
The IBEW issued the following statement in reaction to President Obama’s release of a final Clean Power Plan: The IBEW is carefully studying the finalized Clean Power Plan issued by President Obama yesterday. As the largest union of electrical workers in the nation…