Hong Kong-based struggling commodity trader Noble Group will sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running, reports Reuters. According to company statement, net proceeds from the disposal…
The CMA CGM Group has confirmed that its PAD service will become weekly, starting January 4, 2018. The service will link Northern Europe, the East Coast of the United States, Central America, the Pacific Islands, Australia and New Zealand…
Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in 2018 while Handysize vessels will be the worst, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry…
Brandy D. Christian serves as the President and CEO of the Port of New Orleans, a public agency that manages more than $60 million in revenues, nearly 300 employees and $200 million in capital projects. Christian is one of 11 female port directors…
Trelleborg’s marine systems operation has signed a memorandum of understanding (MoU) with Third Harbor Consultants Company (THCC), one of China’s largest survey and design institutions in transportation and port engineering, and subsidiary of…
Today, the Office of Commissioner William P. Doyle of the U.S. Federal Maritime Commission issued the following: “Last week, I notified The President of the United States Donald J. Trump of my intention to leave the Federal Maritime Commission effective January 3…
Allard Castelein is reappointed as Port of Rotterdam Authority CEO. He will be serving a second four-year term as CEO of the Port of Rotterdam Authority. Castelein (59) was reappointed by the Municipality of Rotterdam and the Dutch State…
Jacques Saadé, founder of the shipping company CMA CGM Group, now the world's third largest container company, has resigned as president. His son Rodolphe Saadé becomes CEO of a group. 'In accordance with the wish of Jacques Saadé and after…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva…
Bob Page is the sailing Englishman who loves Sweden. Now he is ready for his final major assignment: To ensure that the container terminal at the Stockholm Norvik Port becomes exactly as good as everyone anticipates. In the 1990s Robert “Bob” Page worked with logistics for Volvo in Gothenburg…
The members of the Smart Port steering committee collectively approved a first series of projects that will take advantage of the digital transition to affirm and consolidate the port-based vocation of the Aix-Marseille-Provence urban area…
APM Terminals Quetzal is transforming Guatemala’s port sector by offering the highest productivity port operations in the country. In less than a year of operations, four new vessel strings have been added to offer the country’s import/export industries more connections to overseas markets…
A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Program. CEMS will have campuses at Vishakhapatnam and Mumbai…
Wallem Commercial Services said two new Supramax vessels have been added to its commercially-managed fleet. Nitin Mathur, Managing Director of Wallem Group Singapore, said the two new vessels bring the total number of ships under Wallem’s current commercial management to 20.
To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated containers as part of their recent reefer investments from Maersk Container Industry (MCI). Of these, 1,000 Star…