Latest News - page 630


17.5 Tons of Cocaine found on Containership

Jun 24, 2019

A U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement Homeland Security Investigations (HSI)-led multi-agency examination of shipping containers at the Philadelphia seaport netted a historic load of cocaine, the largest cocaine seizure in the 230-year history of U…

Fuel Tech in Spotlight at ABS HTC

Jun 24, 2019

Dual fuel engines, alternative fuels and new energy sources led the discussion at the ABS Hellenic Technical Committee (HTC).More than 40 leaders from the Greek shipping industry representing owners, operators and technical professionals debated the impact of new technologies…

CMA CGM Starts Weekly Service from Port Pipavav

Jun 24, 2019

The dedicated scheduled import train from Port Pipavav to Garhi Harsaru [NCR region] is operated by Gateway Rail Freight Ltd. (GRFL) for CMA CGM. The import train arrived at Garhi Harsaru on June 12th, 2019 and was received by Mr. Ugo Vincent…

BMA moves up on Paris MoU White List

Jun 24, 2019

The Bahamas Maritime Authority (BMA) has announced that for the 17th consecutive year, The Bahamas has been included on the Paris MoU port state inspection whitelist of flag state performance and has moved up six places, securing the number two spot…

APL Launches Bangkok Haiphong Service

Jun 24, 2019

APL, part of the CMA CGM Group, has announced the launch of the Bangkok Haiphong (RBH) service that will provide weekly connectivity between South China, Thailand and Vietnam.An express service from South China to Thailand, the RBH service will…

RigNet Settles Inmarsat Arbitration

Jun 24, 2019

RigNet, Inc. announced that it has reached a settlement with Inmarsat Global Limited that concludes the GX Arbitration pending before the International Center for Dispute Resolution.  Pursuant to the settlement, RigNet will pay Inmarsat $45 million immediately…

Venice Must be Put On UN Danger List, Ban Cruise Ships - Conservationists

Jun 24, 2019

Venice should be put on the United Nations' list of endangered cities and cruise ships should be banned from its fragile lagoon to prevent an ecological disaster, Italy's main conservation group said on Monday.The call came less than a month…

Market in Focus: Bulkers

Jun 24, 2019

NewbuildingMany Chinese companies have been stepping up in the bulker market with COSCO Shipping and Avic leasing placing orders at Chinese yards. Of the total 313 Bulkers ordered over the past year, nearly 40% have been Panamax vessels, demonstrating the hot market…

Vitol Builds Refinery for New Ship's Fuel

Jun 24, 2019

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulfur fuel for ships, a senior company official said on Monday.The project consists of a crude distillation unit that can process 30…

Dalian iron ore rises, supply crunch concerns persist

Jun 24, 2019

China's iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand.Mining giant Rio Tinto on…

Samskip Readies Multimodal Network

Jun 24, 2019

Europe's largest multimodal transport group by freight volume Samskip said it is fully prepared for a North Sea container traffic surge, as attitudes harden in the run up to October's revised Brexit deadline.The global logistics company offering transport and related services by land…

New Armstrong NAIAD RHIB Operating in Hawaii

Jun 21, 2019

The 12.5m x 4.2m NAIAD RHIB Kibou recently commenced daily tours in Hawaii. The vessel was built by Armstrong Marine USA for Hawaii Experiences, which also operates the 40’ catamaran Mirai, built by Armstrong in 2017. Pacific Boats & Yachts…

BIMCO: VLCC Freight Rates from Gulf to China Doubles

Jun 21, 2019

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13, 2019 and June 20, 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million barrels of oil…

Oceanwide Expeditions: another Ship on Order

Jun 21, 2019

Due to the success of our new Polar Class 6 ship, Hondius, Oceanwide Expeditions has ordered a sister ship built by the same manufacturer: M/v Janssonius is scheduled to be completed in October, 2021. She will have the same passenger capacity as Hondius (174)…

Bludworth Marine Relocates HQ to Galveston

Jun 21, 2019

As of June 1, 2019, Bludworth Marine, LLC has relocated their corporate headquarters to Galveston, Texas. The new location, at 320 77th Street, is minutes from the Bludworth Marine 100' x 300' graving dock location and the Port of Galveston Pier 38 dockside location…

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