Latest News - page 601


SMM 2020 Publishes Maritime Industry Report

Sep 03, 2019

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's…

Drewry: Reefer Container Equipment Availability to Remain Tight

Sep 03, 2019

Reefer container equipment availability will remain tight over the next few years which will impact shipping capacity supply and freight rates at seasonal peaks, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2019/20 report…

USCG: Port Condition X-ray for Wilmington, Morehead City, NC

Sep 03, 2019

The Captain of the Port for North Carolina set Port Condition X-ray for the Ports of Wilmington and Morehead City as of Tuesday at 4 a.m., due to predicted sustained tropical storm force winds generated by Hurricane Dorian that may arrive within the next 48 hours…

Japan Won't Join US-Led Maritime Coalition in Gulf

Sep 03, 2019

Japan will not join a U.S.-led security mission to protect merchant vessels passing through key Middle Eastern waterways, but will consider deploying its naval force independently, the Yomiuri newspaper reported on Tuesday.Though the United States is Japan's most important ally…

Divers Search for Bodies in CA Boat Fire

Sep 03, 2019

Divers searched for more bodies early on Tuesday around the wreck of a boat destroyed by a blaze off the coast of southern California, as authorities launched an investigation into one of the area's worst maritime disasters.Emergency crews found…

8 Dead, 26 Missing After Dive Boat Fire

Sep 03, 2019

Eight people were confirmed dead from a predawn fire that sank a boat off a Southern California island and 26 others who were on the scuba diving vessel were missing, a local sheriff said.The fire broke out aboard the Conception, a 75-foot (23-metre) boat…

Grindrod Sells NWK Stake

Sep 02, 2019

South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment…

PSA International Acquires Penn Terminals

Sep 02, 2019

Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…

Turkish Steel Giant in Logistics Pact with MOL

Sep 02, 2019

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and…

India's DG Shipping Completes 70 Years

Sep 02, 2019

The Directorate General of Shipping of India celebrate its 70th Foundation Day today, the 3rd September, 2019. Minister of State for Shipping Mansukh Mandaviya will launch the celebrations at an event in Mumbai.The Directorate General of Shipping…

Coast Guard, Local Agencies Respond to Boat Fire near Santa Cruz Island

Sep 02, 2019

Coast Guard and partner agencies are responding to a vessel fire near Santa Cruz Island Monday.At approximately 3:15 a.m., Coast Guard Sector Los Angeles-Long Beach watchstanders overheard a mayday call via channel 16 of an engulfed 75-foot commercial diving vessel with 38 people aboard…

BPA Welcomes Infrastructure Funding Scheme

Sep 02, 2019

The British Ports Association has welcomed the announcement by the UK Government that there will be a new grants scheme for infrastructure modification at UK ports should there be a ‘no-deal’ Brexit but has stated a deal was the best way to avoid potential disruption at ports…

Naval Architecture and Marine Engineering Tops for Jobs

Sep 02, 2019

The results of a recent survey conducted by financial services company Bankrate, LLC show that naval architecture and marine engineering take the top spot as the most valuable college degrees in which to major.A total of 162 degrees were covered in the company’s research…

MSC Germany Appoints Nils Kahn as MD

Sep 02, 2019

The global container shipping  MSC Germany S.A. & Co. KG is reallocating the responsibilities at the top of the company.Accoridng to  a press release the current Deputy Managing Director Nils Kahn, will take the lead for the German market as of 1st September 2019…

DP World Joins Chinese Firm for First Traders Market

Sep 01, 2019

The Dubai-based ports operator DP World announced a partnership with Zhejiang China Commodity City Group Company (CCC) to develop the ‘Traders Market’ in Jebel Ali Freezone.The project will span around 800,000 sq m, with phase 1, estimated at $150 million…

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