Contracts News

 

Oldendorff Chooses PAS ε-ORB Software

Aug 06, 2019

Cyprus-based maritime technology & marine risk prevention firm Prevention at Sea Ltd has been awarded a contract from Oldenorff Carriers for switching from the traditional paper Oil Record Book to ε-ORB (electronic Oil Record Book).Oldendorff…

NWSA Issues RFP for Terminal 46 Cargo Ops

Aug 06, 2019

Terminal 46 on Seattle's working waterfrontThe Northwest Seaport Alliance is now accepting proposals for Terminal 46, a 50-acre deep-water marine terminal.Strategically located on the Seattle waterfront with convenient access to major road and rail infrastructure…

Jacksonville's Seaport Generates 26,000+ Local Jobs

Aug 05, 2019

New study finds port investments including Harbor Deepening have resulted in “significant” job growth over last five years.Cargo activity through Jacksonville’s seaport positively impacts tens of thousands of jobs and supports nearly $31.1 billion in annual economic output for the region and state…

Baltic Index Nears One-Month Nadir

Aug 05, 2019

The Baltic Exchange's main sea freight index fell for a tenth straight session on Monday to its lowest in nearly a month as a combination of better ship supply and easing demand hurt vessel rates.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Report: Cruise Sector Seafarers Unhappiest

Aug 05, 2019

The latest Seafarers Happiness Index report, published by The Mission to Seafarers, has revealed that seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry.The report, which is produced in association with leading mutual P&I insurer the Shipowners’ Club…

Tentative Deal to End Alaska Ferry Strike

Aug 02, 2019

Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…

Hamburg: Double-digit Box and Bulk Gains

Aug 02, 2019

Hamburg is Germany’s biggest universal port and, with 9.9 million tons throughput in 2018, its second biggest inland port. For the first quarter of 2019, the recently published inland vessel data from the northern statistics office reports 34…

K-Line Guilty of 'cartel conduct'

Aug 02, 2019

Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5 million ($23.50 million) fine by a federal court, Australia's competition regulator said on Friday.K-Line’s fine is…

Canadian Natural Resources eyes Rail Contracts

Aug 01, 2019

Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provincial government's contracts to move crude by rail, a senior company executive said on Thursday.Shipping more crude by rail is seen…

Oil slumps 7% as More Tariffs Loom

Aug 01, 2019

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.The drop in Brent crude was the steepest in more than three years…

U.S. to hit $300B of Chinese goods with 10% tariff

Aug 01, 2019

U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue.'Trade talks are continuing…

ZIM’s starts Central America-Caribbean Service (CCX)

Aug 01, 2019

ZIM has announced a new service between Mexico, Caribbean and Central America, commencing on the second half of August, with the following rotation:Veracruz-Altamira-P. Cortes-Santo Tomas-Kingston-Rio Haina-San Juan-Kingston-Veracruz  ZIM will operate 3 vessels in a weekly…

MacGregor Acquires TTS Group Units

Aug 01, 2019

Cargotec’s MacGregor business area has completed the acquisition of the marine and offshore businesses of TTS Group ASA. Cargotec announced in February 2018 an agreement to acquire the businesses for an enterprise value of approximately $96 million…

Yilport Pact for 49-Year Concession at Taranto

Aug 01, 2019

Turkey's Yilport Holding signed a concession agreement with Port Network Authority of the Ionian Sea (PNAIS), the managing institution of the Port of Taranto in Italy for the multipurpose terminal.The deal was signed on 30 July 2019, at Castello Aragonese in Taranto…

Weak Iron-Ore Demand Weighs on Baltic Index

Jul 31, 2019

The Baltic Exchange's main sea freight index fell for a seventh straight session on Wednesday, as demand for shipping iron-ore fell in the Atlantic.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 1.6%, or 31 points…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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