Latest News - page 499

 

HHLA Estonia Names Riia Sillave New CEO

Mar 16, 2020

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 Not Planning to Ban Grain Exports

Mar 16, 2020

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…

Baltic Exchange Authorized as Benchmark Administrator in the EU

Mar 16, 2020

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 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…

Current News

Trade Deal Props U.S. Soya Shipments on Vessels to China

Combi Freighter 5000 ICE Vessel Design Debuts

MITSUI E&S Secures Order for 15 Rubber Tyred Gantry Cranes

Smart Port Challenge 2025 Attracts 288 Proposals, Winners Announced

Subscribe for Maritime Logistics Professional E‑News