Latest News - page 462

 

Gujarat Pipavav Port Organizes Training at the Port

Mar 16, 2020

Gujarat Pipavav Port Ltd (GPPL), and Pipavav Customs Brokers association (PCBA), in partnership with the Logistics Sector Skills Council; organized a daylong seminar cum training titled ‘Recognition of Prior Learning of Logistics (RPL)’, at the port on March 7th…

CG Medevacs Woman From Cruise Ship Off New Jersey Coast

Mar 16, 2020

The U.S. Coast Guard medevaced a 53-year-old woman approximately 120 miles off the coast of New Jersey, Sunday evening.The captain of the cruise ship Norwegian Gem contacted watch standers at Coast Guard Sector Delaware Bay’s command center at 2:30 p…

Baltic Index Hits 1-week Low on Sluggish Demand

Mar 16, 2020

The Baltic Exchange's main sea freight index fell to a one-week low on Monday, hurt by weaker rates for panamax vessels, which outweighed an uptick in demand for the capesize and supramax segments.The Baltic index, which tracks rates for capesize…

Lee Named GNS Chief Executive

Mar 16, 2020

Maritime services group Global Navigation Solutions (GNS) has appointed Kent Lee as Chief Executive Officer with effect from January 15,  2020. Kent’s appointment follows the acquisition of GNS by the Cornes Group in November 2019. He succeeds Paul Stanley…

Brown Named Managing Director at Sonardyne

Mar 16, 2020

Sonardyne International Ltd. announced that Graham Brown is its new Managing Director.Brown, who takes over the role from John Ramsden on April 1, has served on Sonardyne International’s board from 2008, most recently as Sales and Marketing Director and Deputy Managing Director…

Stena Line Announces Job Cuts Due to COVID-19

Mar 16, 2020

The coronavirus pandemic has taken its toll on Swdish ferry company Stena Line, who announced Monday that it will cut 950 jobs due to a sharp decline in passenger travel bookings as a result of the outbreak.Stena Line said the coronavirus (COVID…

Indonesia Posts Biggest Trade Surplus Since 2011

Mar 16, 2020

Indonesia posted a larger-than-expected trade surplus in February with exports surging and imports contracting amid disruptions in global supply chains due to the coronavirus outbreak, data from the statistics bureau showed.Southeast Asia's largest economy had a $2…

China Steel Futures Rise on Demand Optimism

Mar 16, 2020

Chinese steel futures hit their highest in nearly two months on Monday on signs of a recovery in demand, and as policymakers worldwide rolled out more stimulus measures to cushion global economies reeling from the coronavirus pandemic.The U…

Greece to Quarantine all Arrivals from Abroad

Mar 16, 2020

Greece announced on Monday it will shut all shops apart from supermarkets, pharmacies, banks, petrol stations and food delivery services, and put anyone arriving from abroad into quarantine for two weeks, to fight the coronavirus.Greece had already cancelled mass gatherings and closed bars…

Business Picks up Pace in China, Global Recovery Pace Uncertain

Mar 16, 2020

China's business and travel activities are steadily recovering after being disrupted by the coronavirus outbreak, but rapidly rising infections globally will pose a challenge to the country's broader economic resumption.Nomura estimated in a research report on Monday about 61…

Forth Ports Orders Harbor Tug

Mar 16, 2020

Damen Shipyards Group has signed a contract with Forth Ports Limited for an ASD Tug 2312. The new vessel will operate as part of the Forth Estuary Towage operation, conducting towage work at various Forth Ports locations as well as providing towage services to other external customers in Scotland…

Autonomous Ships or Better Decision Making?

Mar 16, 2020

Looking back through articles on autonomous shipping, one could be forgiven for thinking that it’s becoming the nuclear fusion of maritime; always seemingly five or 10 years away but never quite arriving.  In 2018, numerous commentators predicted that by 2030…

Port Canaveral Maintains Normal Operations

Mar 16, 2020

The world’s second busiest cruise port is maintaining normal operations as it continues to monitor the COVID-19 developing situation, the Canaveral Port Authority announced.The port said it will be profoundly impacted by Friday's decision by…

Fed Funds Could Aid Battered Cruise Lines

Mar 16, 2020

U.S. Treasury Secretary Steven Mnuchin said on Sunday officials will have a better idea this week of the total cost of a coronavirus aid package, but predicted it will likely be 'significant but not huge.'Mnuchin told 'Fox News Sunday' he also…

Trump Says Cruise Lines Suspend Departures for 30 Days

Mar 13, 2020

U.S. President Donald Trump on Friday said that major cruise lines would suspend cruises for 30 days, following a series of industry announcements that came after repeated transmission of coronavirus among passengers at sea.“At my request, effective midnight tonight…

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