People & Company News


Port of Oakland Unveils Clean Air Vision

Jul 19, 2018

The Port of Oakland has announced that it has embarked on a path to emissions-free cargo operations.  The ambitious target is at the heart of a draft air quality improvement plan sent out for public review June 29. It calls for reducing criteria…

DP World Acquires India's Continental Warehousing

Jul 18, 2018

Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed…

Mermaid Maritime Wins Middle East Contract

Jul 18, 2018

Thailand-based subsea and offshore drilling services company Mermaid Maritime Public Company announced that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million…

Shipping Losses Continue to Fall

Jul 18, 2018

Large shipping losses have declined by 38 percent overall in the past decade, according to the Safety & Shipping Review 2018 by Allianz Global Corporate & Specialty (AGCS).Further, the number of total losses declined by 4 percent to 94 last year…

Singapore, Rotterdam to Strengthen Cooperation

Jul 18, 2018

The Maritime and Port Authority of Singapore (MPA) and Port of Rotterdam Authority (PoR) renewed their Memorandum of Understanding (MoU) on cooperation in Information Exchange and Research and Development (R&D).Since the commencement of the MoU in 2015…

Barge Frequency to Rise at Marseille Fos

Jul 18, 2018

Frequency on the three-per-week container barge service between Fos and Lyon is to be increased to five departures each way, five days per week, from October 1 to meet growing demand for pre- and post-forwarding river links between the French Mediterranean and the Rhone-Saone hinterland…

The Jones Act is Good for Puerto Rico -Report

Jul 18, 2018

After Hurricane Maria struck Puerto Rico with devastating force on September 20, 2017, a number of news reports claimed that the Jones Act had severely damaged the Puerto Rican economy, both over time and in the immediate aftermath of the storm…

Liverpool2 to Receive New Container Services

Jul 18, 2018

Peel Ports’ flagship deep-water container terminal, Liverpool2, will welcome its largest regular caller to date when 2M (Maersk and MSC alliance) introduce a new transatlantic container service to the port beginning July 22, 2018.2M is switching…

BW LPG Nominates Three Directors to Dorian LPG Board

Jul 17, 2018

Dorian LPG confirmed that Oslo-based BW LPG BW LPG  has submitted the names of three director candidates to stand for election at Dorian's 2018 Annual General Meeting of Shareholders.  Dorian LPG, is a fully-integrated liquefied petroleum gas…

Dubai Maritime City Authority to Develop UAE’s Maritime Sector

Jul 17, 2018

The Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector based on competitiveness…

Port of Oakland Board Elects Butner as President

Jul 16, 2018

Oakland business leader Cestra ‘Ces’ Butner has been elected President of the Port of Oakland’s governing Board. The Board of Port Commissioners selected their colleague for the top post at a meeting last week.Commissioner Butner succeeds Joan Story…

Antwerp Port Sets New Records for 1H 2018

Jul 13, 2018

After a record first three months the port of Antwerp has also had an excellent second quarter with May as the best month ever.  During the first six months of the year the port handled 118,648,143 tonnes of freight, a sharp increase of 6…

CEMS Opening Visakhapatnam Labs

Jul 13, 2018

Shortly after announcing the launch of its labs in Mumbai, Center of Excellence in Maritime & Shipbuilding (CEMS), a startup in skill development for maritime and shipbuilding sector, has announced readiness of its labs in Visakhapatnam.CEMS…

McAllister Christens Tug Pair in NYC

Jul 13, 2018

There's nothing like New York City for a maritime event, and McAllister Towing and Transportation Co., Inc., one of the historic family-run companies serving the industry for more than 150 years, held a signature ceremony and party last night…

India to Roll-out USD 156 mln Vizag Port Projects

Jul 12, 2018

Nitin Gadkari, Indian Minister of Shipping will inaugurate five port projects worth INR  1062 Crores (USD 156 mln ) in Vishakhapatnam today (Friday).  The projects to be inaugurated include upgradation of existing iron ore handling facility at Outer Harbour of Vizag Port…

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