This morning it was announced that the Posidonia 2020 exhibition, scheduled from June 1-5, 2020 in Athens, Greece, has been rescheduled to October 26-30, 2020. The full message from the exhibition organizers is below:In view of the escalating…
Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition…
PAO Sovcomflot (SCF Group), a Russian maritime shipping company specializing in petroleum and LNG shipping, announced that it has taken delivery of four newbuildings during last year.Three ‘Green Funnel’ LNG-fuelled Aframax crude oil tankers (Korolev Prospect…
Japanese shipping giant NYK unveiled what it claims to be the world’s first onboard use of digital currency through the MarCoPay fintech platform, which is operated by NYK and the Philippine-owned Transnational Diversified Group (TDG).Using MarCoPay…
The container and multipurpose terminal HHLA TK Estonia, the subsidiary of Hamburger Hafen und Logistik AG (HHLA), said that Riia Sillave has taken over as the new Chief Executive Officer (CEO) with effect from 15 March 2020.The 46-year-old Estonian…
Ukraine is not planning to ban grain exports, a senior government source told Reuters on Monday.President Volodymyr Zelenskiy had earlier called on his government to restrict food exports according to a list drawn up by the government of Ukraine…
The Baltic Exchange’s subsidiary, Baltic Exchange Information Services Ltd (BEISL), has been authorized by the UK’s Financial Conduct Authority (FCA) as a benchmark administrator under EU Benchmark Regulation. This means that the Baltic Exchange’s daily dry bulk…
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…
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…
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…
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…
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…
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 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…
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…