CMA CGM has taken a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.CEVA Logistics and Wing are entering into a major industrial and commercial partnership for the benefit of their respective customers…
The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo-listed accommodation services player Prosafe in a press release said that it will study the decision in detail…
Qatar Navigation (Milaha) reported a 5% year-on-year increase in net profit to QR419mn in the first nine months of this year on account of the earnings expansion in its maritime and logistics business as well as gas and petrochem.The company's earnings-per-share was QR0…
British building materials company Tarmac has partnered with London’s fastest growing port, the Port of Tilbury, to create the UK’s largest construction materials aggregates terminal at Tilbury2, the new port being constructed on the north bank of the River Thames…
Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional 10% stake for an undisclosed sum.MIRA has managed a 10 per cent stake in Gwynt…
A delegation of the Panama Maritime Authority (AMP) led by Panama’s Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Noriel Arauz, visited Greece where it was received by the Minister of Maritime Affairs and Island Policy Ioannis Plakiotakis…
Damen Shipyards Den Helder is preparing Clipper vessel to undertake world tour promotion of UN Sustainable Development Goals.On 28th October, the iconic Clipper Stad Amsterdam arrived early in Den Helder in sunny weather, after a calm voyage from Amsterdam…
Shipping directly employs over 640,000 workers at sea and on shore, and supports over 1.4 million workers through indirect and induced employment, said European Community Shipowners' Associations (ECSA).These professionals possess a wealth of maritime knowledge…
Estonian shipping company Tallink Grupp announced that the name of the new Tallinn-Helsinki route shuttle vessel MySTAR.The new dual-fuel vessel will be built at Rauma shipyard in Finland and is due to be completed by the end of 2021.The name…
Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club…
Freight rates to Europe and Asia have continued to ease, albeit at a less rapid rate than during the middle of the month, boosting price offerings for West African grades, traders said on Monday. Rates for VLCCs from Nigeria's Bonny Light terminal to Singapore settled at $3…
A top hostage negotiator, the CEO of a company which supplies environmental products to ship owners and operators and the heads of two maritime technology firms are all part of an impressive line-up of speakers scheduled to speak at the 2019…
International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced that they have entered into a strategic partnership as investors to work together to bring high-impact technology solutions to the commercial ship management of dry bulk carriers…
Francis Alvarez, owner of a large freight forwarding company, pleaded guilty to an antitrust charge for her role in a multi-year, nationwide conspiracy to fix prices for international freight forwarding services, the Department of Justice has announced…
Ship operators are placing greater recognition on the role crew members play as the key to reaching higher efficiency goals, according to crew specialist Danica, which is expanding to meet the growing demand for quality crew services.As part of its expansion plans…