Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine…
Diana Shipping Inc. (NYSE:DSX) announced that it has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Panamax dry bulk carriers, the m/v Nirefs, at a gross rate of $12,250 per day, minus a 5% commission…
Board to expand to eleven from eight; seven New Board Members Join Four Existing Directors; Four Directors Retire. Horizon Lines, a domestic ocean shipping company, today announced that it will expand its Board of Directors to 11 members from eight…
Hamburg Süd and CCNI on the one hand and China Shipping, Hanjin and Hyundai on the other have reached agreement on optimizing their service offering during the forthcoming slack season between Asia and Mexico/South America West Coast with effect from mid-November 2011…
Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The report is the longest established independent survey…
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three and nine month periods ended September 30…
MAN Diesel & Turbo announced the first order for its second generation EGR system, to be applied aboard a Maersk Line container vessel – the 4,500-teu new building #2358. The system will be fully integrated with the vessel’s main engine, a two…
Jerry Nagel, Chairman of Rickmers-Linie (America), was presented with the 8th annual Lifetime Leadership and Achievement Award at a ceremony celebrating the opening of the 22nd annual Breakbulk Transportation Conference and Exhibition at the New Orleans Convention Center on 26 October…
Georgia Ports Authority Executive Director Curtis J. Foltz announced the ports saw a growth rate of 5.0 percent in the first quarter of FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of cargo…
Award dinner is January 25, 2012 at Marriott Marquis Hotel in NYC. Joseph C. Curto, President of the New York Shipping Association (NYSA) has been chosen by the New York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc…
Starting in November 2011, two new feeder line services will be scheduled for regular sailings between the Port of Hamburg and Russia. The shipping company Team Lines will be using the RUS 2 Service in the Hamburg – St. Petersburg – Hamburg…
Horzion Line's stock is now trading on the OTC market with new trading symbol (HRZL).Horizon Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping company, today announced that its common stock will begin trading on the OTCQB Marketplace…
DNV Navigator certificate no. 2000 has now been installed on the HS Chopin. The event took place while the 3,500 TEU container vessel visited the port of Hamburg today. Navigator is a software package that simplifies port clearance procedures…
The EcoCalc is one of the few emissions calculators in liner shipping to cover not only the ocean leg, but also the emissions of the other modes of transport for the pre-carriage and on-carriage. With the launch of the new EcoCalc, Hapag-Lloyd…
CMA CGM Group is pleased to announce the upgrading of its ASEA service connecting Asia, Kenya and Tanzania, effective since October 12th, 2011. The new ASEA weekly service will deploy 6 ships of 2500 TEU (4 provided by CMA CGM Group and 2 provided…
