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Cryopeak Inks Deal with Island Tug & Barge for LNG Bunkering

Jul 15, 2020

Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia…

Maurice Ward Group Opens Antwerp Office

Jul 15, 2020

Freight-forwarding and logistics company Maurice Ward Group has opened a new office in Antwerp, Belgium.The office will be led by branch manager Nancy Verstraeten, who brings to the role more than 20 years of freight forwarding experience.“We…

Hapag-Lloyd Ups Profits, But Warns of Risks

Jul 15, 2020

German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the same 2019 period and upholding its guidance for full year earnings.However, the company said…

Baltic Index Falls as Lower Vessel Rates Bite

Jul 15, 2020

The Baltic Exchange's main sea freight index fell on Wednesday, weighed by capesize rates hitting their lowest level in nearly a month and lower earnings at the panamax segment.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Total Shipping Losses Are Declining, But Challenges Persist -Report

Jul 15, 2020

The record low 41 large shipping losses worldwide in 2019 represents a 20% improvement year-on-year and almost 70% over a decade, but the coronavirus crisis could endanger the long-term safety improvements in the shipping industry for 2020 and beyond…

American Club Managers Promote Ioannou, McCafferty

Jul 15, 2020

Shipowners Claims Bureau, Inc. (SCB), the Managers of the American Club, has announced senior appointments to its management team in New York.  Dorothea Ioannou takes on the role of Deputy Chief Operating Officer (DCOO) with immediate effect…

Seafarer Welfare App to Launch by Isle of Man Ship Registry

Jul 15, 2020

The Isle of Man Ship Registry is set to launch what is reported to be the first seafarer welfare app designed by a ship registry. Set to launch in July 2020, the app will be free to around 11,000 seafarers sailing on more than 400 vessels under the Isle of Man flag…

UK Cracking Down on Cargo Theft

Jul 14, 2020

The Freight Unit of the National Vehicle Crime Intelligence Service (NaVCIS) has been involved in numerous theft cases related to cargo crime in the UK; most recently acting to recover £200,000 ($252,000) of stolen goods. Through the recent period of lockdown in the U…

Baltic Index Slides on Lower Capesize Rates

Jul 14, 2020

The Baltic Exchange's main sea freight index fell on Tuesday weighed by falling rates for capesize vessels, while the panamax segment was flat following eight straight sessions of gains.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Phillips Joins WQIS as Senior Underwriter

Jul 14, 2020

The Water Quality Insurance Syndicate (WQIS) appointed John P. Phillips as Senior Underwriter based in Houston, TX. Phillips will report to Justin A. Mongello in New York, NY.'We are very excited to have John join the WQIS team as he brings a wealth of experience…

Monjasa Expands Bunkering Capacity in Houston

Jul 14, 2020

Marine fuels supplier Monjasa says it is further developing its services in America’s top bunkering hub.The Houston Greater Area welcomes 1,375 vessel arrivals monthly and sees marine fuels demand of an estimated 4.5-5 million metric tons yearly…

SMM 2021: Plotting a Course Forward for the Global Maritime Community

Jul 14, 2020

As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share…

Peterson Bags Logistics Contract from Sellafield

Jul 14, 2020

Peterson has been awarded a major logistics contract from Sellafield Limited to support operations in West Cumbria, England.The four-year contract will see Peterson continue as the operator of the Control Tower and Security and Distribution Centre (S&DC) at Lillyhall on behalf of Sellafield Limited…

Singapore Retains Its Place as World's Top Shipping Hub

Jul 13, 2020

Singapore has maintained its position as the world's top shipping hub for the seventh year straight, according to a report published by the Baltic Exchange and Chinese state news agency Xinhua.The Xinhua-Baltic International Shipping Center Development (ISCD) Index…

Vancouver's G3 Grain Terminal Opens

Jul 13, 2020

A newly built grain export terminal has opened for business at the Port of Vancouver on Canada’s West Coast, Canadian grain company G3 announced.G3 Terminal Vancouver is a a British Columbia limited partnership between G3 Global Holdings (a…

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