Russian Maritime Register of Shipping took part in the sixth international specialized exhibition Transport Logistic China 2014, in Shanghai from June 17-19. This exhibition brings together experts in the field of transport, logistics, telematics…
ADELTE, formerly known as TEAM, will install a boarding bridge at the new cruise terminal in Leixões. The port of Leixões, neighbor to the city of Porto, wants to boost its cruise passenger activity. Currently, the port is building some spectacular infrastructures including: a new terminal…
The latest in a string of militant attacks on Kenya's coast has dealt a fresh blow to the economy, but the threat this time goes beyond the tourist trade to an ambitious $25.5 billion port and transport scheme next to the historic town of Lamu…
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding China’s decision on the proposed P3 Network:The People’s Republic of China has rejected the P3 Vessel Network Sharing Alliance based on the competition concerns in the Asia-Europe shipping market…
The Port of Long Beach was recognized Tuesday, June 17, as the “Best Green Seaport” at the 28th annual Asian Freight & Supply Chain Awards hosted in Shanghai, China.Known for its nearly 10-year-old Green Port Policy, the Port of Long Beach has regularly reported reduced impacts on the community…
UTi Worldwide Inc., a global supply chain of services and solutions, appointed Mike McClelland, Senior Vice President of Contract Logistics and Distribution, responsibility for its Americas operations. This new role for McClelland builds on…
A.P. Moller-Maersk said on Tuesday it had abandoned a planned ship pooling network after China's Ministry of Commerce surprisingly announced it had not approved it. Maersk shares were down 6.2 percent at 1100 GMT compared with a 0.7 percent fall in the Danish benchmark index…
The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in ChinaToday, the Ministry of Commerce (MOFCOM) in China announced that they have not given their approval to the P3 Network.On March 24…
Leading ship supplier The Hutton’s Group has strengthened its Aberdeen logistics team with the appointment of a new Branch Manager. Kirstene Wilson starts work today at the firm’s Sinclair Road depot, having completed a week’s induction training at Hutton’s head office in Hull…
DP World took advantage of strong market conditions and scarcity value to raise a $1 billion convertible bond with a ten year lifespan on Thursday, in order to fund growth opportunities and diversify its funding sources.The issue is a rare…
NewLead Holdings Ltd. (NASDAQ: NEWL) said that on June 3, 2014, NewLead received a Temporary Restraining Order against Ironridge Global IV, Ltd enjoining the issuance of further common shares of NewLead pursuant to its Series A Preference Shares…
A strike by port workers at Rosario, Argentina's biggest agricultural export hub, has been suspended, thanks to a government attempt to resolve a disagreement over wage hikes, a local business group said.The protest, which was holding up…
A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi…
MOL Liner Ltd. has announced that Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL.MOL Liner Ltd…
Domestic Maritime Industry Worth More than $9.6 Billion to Florida Economy.Florida ranks second among all states in domestic maritime jobs, according to a new study by PricewaterhouseCoopers (PwC) for the Transportation Institute and released by the American Maritime Partnership (AMP)…