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President of TOTE Services to Retire in 2019

Nov 16, 2018

Rear Admiral (USN-Ret.) Phil Greene Jr. has announced his retirement from TOTE Services effective January 4, 2019. Culminating a maritime career spanning more than 40 years between his navy, government and private sector careers, Greene has served as President of TOTE Services since 2013…

Liberia Becomes First Flag State to Join the MACN

Nov 16, 2018

Liberia has become the first ship registry to be admitted to the Maritime Anti-Corruption Network (MACN) as an associate member.Alfonso Castillero, CCO of the Liberian Registry, says, “The organization has done great work fighting corrupt practices…

Port of Oakland sees its Busiest Shipping Season for Imports

Nov 16, 2018

The Port of Oakland had its busiest peak season ever for imports during the past three months. The Port said today that it handled the equivalent of 250,686 loaded 20-foot import containers from August through October, the traditional highwater mark for container shipping…

Baltic Index Edges Higher on Firmer Capesize Demand

Nov 16, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the second straight session on Friday, boosted by stronger capesize demand.The overall index, which factors in rates for capesize…

Meyer Turku Cuts Steel for New Carnival Cruise Ship

Nov 15, 2018

The cruise ship builder Meyer Turku started the production of a 5,286-lower berth cruise ship for Carnival Cruise Line.According to German shipbuilder, the ship will be the first North American-based cruise ship to run on iquefied natural gas…

ICTSI Appoints Andrew Dawes as Asia-Pacific Head

Nov 15, 2018

Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes…

MOL Turns 50 in Thailand

Nov 15, 2018

Mitsui O.S.K. Lines (MOL) celebrated the 50th anniversary for the establishment of Mitsui O.S.K. Lines (Thailand).On November 13, it held a party in Bangkok for customers, business partners, and others, marking the event and the centennial anniversary…

BIMCO Overhaules Standard Ship Repair Contracts

Nov 15, 2018

BIMCO, the largest of the international shipping associations representing shipowners, said that it has revised and updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is…

DynaGas LNG Partners in the Red in Q3

Nov 15, 2018

Monaco-based owner and operator of liquefied natural gas (LNG) carriers, reported a third-quarter ended September 30, 2018 loss of $654,000, after reporting a profit in the same period a year earlier.The gas shipping company said that the Q3 results included $2…

Diana Shipping Fixes M/V Thetis with Hudson

Nov 15, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated for one of its Panamax dry bulk vessels, the m/v Thetis.According to the global shipping…

Global Ship Lease Closes Poseidon Containers Deal

Nov 15, 2018

Marshall Islands-based Global Ship Lease (GSL) announced that it has completed the proposed merger deal with Greece's Poseidon Containers.According to a release from GSL, the combined company will have a fleet of 38 vessels with a total capacity of 198…

Kuwait Ports Resume Traffic after Weather Closure

Nov 15, 2018

Maritime traffic has resumed in Kuwait's Sheweikh and AL-Doha ports after a temporary closure due to bad weather, but Shuaiba port remains closed, Kuwait's Port Authority said on Thursday, Kuwait News Agency (KUNA) reported.Poor weather and heavy rains closed all three ports on Wednesday…

Passenger Vessel Fire Subject of NTSB Meeting

Nov 15, 2018

The National Transportation Safety Board announced Thursday its intent to hold a board meeting, Dec. 11, 2018, to determine the probable cause of the Jan. 14, 2018, fire aboard the passenger vessel Island Lady, in the waters of the Pithlachascotee River near Port Richey…

FMC: Updates to PierPass Will Go Into Effect

Nov 15, 2018

The Federal Maritime Commission voted to take no action to prevent amendments to the West Coast MTO Agreement (WCMTOA) related to 'PierPass' from becoming effective.Under the terms of the updated agreement (FMC Agreement No. 201143), WCMTOA…

Baltic Index [Finally] Gains on Higher Capesize Demand

Nov 15, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a rise in demand for capesize vessels.The overall index, which factors in rates for capesize…

Logistics News

TOTE Promotes Hofeling, Crawford

TOTE Promotes Hofeling, Crawford

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Maersk Pauses Haifa Port Calls

Maersk Pauses Haifa Port Calls

First BYD Electric Cars Delivered to Mexican Port

First BYD Electric Cars Delivered to Mexican Port

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HAL, the Indian warplane manufacturer, wins bid to privatise India’s small satellite launchers
China's teapots are slowing the purchase of Iranian oil, resulting in steeper discounts on Iranian oil
HAL, the Indian warplane manufacturer, wins the bid to privatise India’s small satellite launchers