Effective 8 a.m. Wednesday, the Coast Guard Captain of the Port (COTP) set Port Condition Zulu for the Port of Charleston due to the anticipated arrival of sustained gale force winds from Hurricane Dorian within 12 hours.During port condition Zulu…
The United States on Wednesday sanctioned a sprawling network of firms, ships and individuals allegedly directed by Iran's Islamic Revolutionary Guard Corps that supplied Syria with oil worth tens of millions of dollars in a breach of U.S. sanctions…
Piraeus Port Authority (PPA), operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbours, a government spokesman said on Wednesday.PPA, majority owned by China's COSCO Shipping…
Merseyside UK shipyard and engineering services company Cammell Laird has appointed a new quality assurance manager to forge closer relationships with suppliers and bring best practice from other industries to his new role.Gordon Maxwell is…
The International Association of Ports and Harbors (IAPH) appointed Dr. Masahiko Furuichi as IAPH Secretary General, succeeding Mr. Susumu Naruse, as of 1 September. He has officially taken office.Dr. Masahiko Furuichi is not new to IAPH. Since 2006…
The international owner and operator of modern, fuel efficient 'ECO' tanker vessels TOP Ships announced that its total revenues increased by 51% to $29.8 million for the six months ended June 30, 2019 compared to $19.7 million for the same period in 2018…
Israel-based container shipping line ZIM Integrated Shipping Services announced the official launch of its new 'Powered by Our Customers' approach.As ZIM moves forward with the development and implementation of new digital tools, the cargo line is embarking on an innovative new concept…
Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers reported a net loss for the second quarter, contrary to the market’s expectations for profit.The net revenue at USD 45.5 million for Q2 was hurt by a 3% decline from the second quarter of 2018…
U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…
Company’s CSMART Academy teamed up with UWF’s Innovation Institute to launch training course for environmental officers that started in August 2019. Combining UWF’s specialty in challenge-based learning with CSMART Academy’s award-winning faculty…
“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's…
South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment…
Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and…
The Directorate General of Shipping of India celebrate its 70th Foundation Day today, the 3rd September, 2019. Minister of State for Shipping Mansukh Mandaviya will launch the celebrations at an event in Mumbai.The Directorate General of Shipping…