China Ocean Shipping Group Co (COSCO) returned to profit in 2014 after three years of losses, state media said on Saturday, citing an interview with the group's chairman.The state-backed shipping conglomerate, which controls China COSCO Holdings Co Ltd…
The government has granted Chinese-owned Jinzhao Mining Peru the environmental permit for its proposed $1.5 billion Pampa de Pongo iron mine, estimated to produce 22.5 million tonnes per year.The energy and mines ministry said in a statement…
Delays can be expected in the Kiel Canal following a collision this yesterday, 23 January, with the small north lock gate at Brunsbuettel.Only the big north lock chamber and the small south lock chamber at Brunsbuettel are currently available for transits…
Commander, Naval Air Forces (CNAF) held a change of command ceremony aboard the aircraft carrier USS John C. Stennis (CVN 74) at Naval Air Station North Island Jan. 22.During the ceremony, Vice Adm. Mike Shoemaker relieved Vice Adm. David H…
International Organization of Masters, Mates & Pilots Asks: If Keystone is a “Jobs Bill” Why Would Congress Want to Send 400,000 Maritime Jobs in 26 States Overseas? S.1, the Keystone XL Pipeline Act, has been described as a “jobs bill”…
CEVA Logistics, one of the world's leading supply chain management companies, has expanded its market presence in Chicago with the opening of a fourth facility.The company's Chicago operations near O'Hare International Airport (ORD) now encompass four facilities totaling over 650…
Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea…
Essar Ports Ltd. a part of Essar, today announced its unaudited results for the quarter ended 31st December 2014.Highlights of Consolidated Results:Revenue for the quarter stands at Rs. 434.3 cr, an increase of 9% over corresponding quarter in FY14…
The European Union's second highest court on Thursday annulled EU sanctions on an Iranian bank and 40 shipping companies hit with asset freezes as part of pressure on Tehran over its nuclear programme. But they will remain under sanctions…
U.S. System Approvals are Key; Detailed Pre-Planning UrgedTen years on, there’s little certain about ballast water management regulations that the industry can chart a course around other than that it will be expensive – possibly the most costly marine retrofit to date…
Congressman Joe Courtney (CT-2) and Congressman Steven Palazzo (MS-4), along with 30 bipartisan House colleagues, sent a letter this week to Senate leadership urging opposition to an amendment that they say would strip domestic construction…
The Port of Rotterdam Authority has opened a second secure trailer car park on Theemsweg in the Botlekgebied, which enjoys a central location. There are 107 slots for loaded and empty trailers.The Theemsweg facility is a follow-up to…
Dense fog is expected to persist until 1100 hours local time today (21 January), and the ports of Houston, Galveston and Corpus Christi have been closed since yesterday evening.At the time of reporting, Freeport was open.There are…
Bunkering rose again for the first time since 2011 in Rotterdam, the biggest bunker port of Europe: 10.6 million tonnes compared to 10.4 in 2013. The whole of the increase is accounted for by marine gas oil and diesel; sales rose from 500…
Bunker Holding, the parent company of a group of global bunker companies, has hired Casper Pasgaard Dybdal as Legal Counsel, effective December 1, 2014.The new Legal Counsel will be based in Aalborg and form part of Bunker Holding’s Credit Department…