Latest News - page 557

 

VLCC Rates Surge as U.S. Sanctions COSCO

Oct 04, 2019

Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12 million on Thursday, shipping sources familiar with the matter said.South Korea's top refiner, SK Energy, tentatively chartered the supertanker Maxim to ship U…

Seaspan Shipyards Welcomes MacLeod as VP

Oct 04, 2019

Seaspan Shipyards has announced the appointment of Amy MacLeod as the organization’s new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic…

Rotterdam Port Rolls-out Container Tracking App

Oct 03, 2019

The Port of Rotterdam Authority has launched a new container tracking application Boxinsider allowing shippers and freight forwarders to locate their containers at any given moment.Boxinsider draws on status information from container vessels and inland and deep-sea terminals…

Chevron Sets New Goals for Greenhouse Gas Reduction

Oct 03, 2019

American multinational energy giant Chevron Corporation unveils new goals to reduce oil production-related greenhouse gas (GHG) emissions by 5% to 10% over a seven-year period ending 2023 as part of an ongoing effort to combat global climate change…

Autonomous Ships Market: $134.9B by 2030

Oct 03, 2019

The global autonomous ships industry is expected to generate $134.9 billion by 2030, witnessing a CAGR of 4.4% from 2020 to 2030.This projection is premised on an increase in demand for cargo transportation from marines and surge in operational…

Proman Shipping Signs JV with Stena Bulk

Oct 03, 2019

Proman Shipping AG and Stena Bulk AB announced a new Joint Venture partnership for 50/50 ownership of two long term time-chartered ships, under the name ‘Proman Stena Bulk Limited’.

Maersk Taps New Trade Deals in Odisha

Oct 03, 2019

Maersk completed its first import shipment to Sambalpur from the Inland Container Depot (ICD) in Jharsuguda (Odisha). The shipment carrying 80 TEUs was delivered to Shyam Metalics. Whilst a few of the top customers in the region have already…

NaviGate2020 set for Turku, Finland

Oct 03, 2019

A new exhibition, Nordic Maritime Expo 2020, is set to take place in Turku, Finland, January 22-23, 2020.Billed as a presentation of the latest digital and clean tech ideas, Finland touts itself as the heart of global digitalization and green technical developments…

Klaveness Partners BHP on Shipping, Logistics Platforms

Oct 02, 2019

BHP’s Maritime and Supply Chain Excellence team and Klaveness Digital have partnered to develop CargoValue, a shipping and logistics platform, to improve the way the industry collaborates and shares scheduling and vessel information.The concept…

Pangaea Orders 2 More High Ice Class Ships

Oct 02, 2019

Pangaea Logistics Solutionsexpanded its order for high ice class post-panamax dry bulk 95,000 dwt. vessels at Guangzhou Shipyard International (GSI) from two to four vessels.The four ships, two for delivery in April and May 2021 and two for delivery in November 2021…

Hapag-Lloyd Cruise to Sail Without HFO

Oct 02, 2019

Hapag-Lloyd Cruises has announced that from July 2020 its global fleet will no longer burn heavy fuel oil (HFO) and instead run exclusively on marine gas oil with a maximum sulfur content of 0.1 % (LS-MGO).'In doing so, the company will cut…

Koniordos Appointed CEO of Yara

Oct 02, 2019

Yara, a Norwegian based scrubber supplier announced a change of leadership as Dr. Thomas Koniordos was introduced as the company’s new CEO.  Koniordos, who up until September 18, served as Yara’s Head of Environmental Solutions, and also as Chairman of the Yara Marine Board…

Minerva Marine Chooses RINACube

Oct 02, 2019

Ship Management company Minerva Marine intends to invest in one of the latest industry digital technology solutions for the real-time monitoring of its fleet. RINACube, RINA’s digital platform, will be deployed on Minerva’s fleet, to enhance operational efficiency and effectiveness by enabling…

Baltic Index Down on Sliding Panamax Rates

Oct 02, 2019

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining demand for the panamax vessel segment.* The Baltic index, which reflects rates for capesize…

Call Steps Up as CFO of ZEAMARINE

Oct 02, 2019

ZEAMARINE said Chad Call will succeed Michael Dumas as Chief Financial Officer with immediate effect. An experienced financial executive, Chad Call has nearly a decade of financial leadership experience within the maritime industry, most recently serving as Vice President of Finance for ZEAMARINE…

Current News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

Subscribe for Maritime Logistics Professional E‑News