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CMA CGM, Freightos Ink Digitization Pact

Dec 05, 2018

CMA CGM becomes the first ocean carrier listed on Freightos; direct digital sales, booking, and shipment management on CMA CGM key transpacific trade lanes now available on Freightos.The CMA CGM Group, a worldwide leading shipping group, and Freightos…

LNG Import Terminal Proposed for Australian port

Dec 05, 2018

A South Korea-based company has proposed building a terminal on Australia's east coast to import liquefied natural gas, the fifth proposal for such a project in the world's No.2 LNG exporter.The proposals have come after three new LNG export…

Future Maritime Design: NETSCo Sponsors Student Design Competition

Dec 05, 2018

NETSCo announced the winners of the 2018 Society of Naval Architects and Marine Engineers (SNAME) Student Design Competition held recently during the 2018 SNAME Maritime Convention in Providence, RI. Many interesting designs were devised with over 150 students participating in the competition…

Floating LNG in Asia Finds Buyers as Prices Plunge

Dec 05, 2018

Nine or more tankers on the way or discharged into Asia, while at least five still holding LNG off Singapore.Several liquefied natural gas (LNG) cargoes that had been stored on vessels in Asian waters are now heading towards buyers' terminals in China…

Cargo Ships Caught in Russia-Ukraine Storm

Dec 05, 2018

Russia-Ukraine naval clash followed shipping holdups Ships bound for Ukrainian ports say they are held up while those bound for Russian ports go through.When the Island Bay cargo ship arrived from Beirut at the Kerch Strait, gateway to the Azov Sea…

BHGE Inks 3-year Contract with Saudi Aramco

Dec 05, 2018

Saudi Aramco has awarded major stimulation and well-testing contract to Baker Hughes, a GE company (BHGE). BHGE will deliver a comprehensive well services solution including all cased-hole wireline logging, perforation, well testing, stimulation…

Ship Sets Sail for Antarctica Wharf Works

Dec 05, 2018

A ship loaded with 4,500t of equipment by BAM Construct UK has been sent on a month-long journey to Antarctica, where it will be used for building a new wharf at Rothera Research Station.The new wharf, being built over the next two Antarctic seasons…

Danish Maritime Authority Calls for Renewal of Shipping Documents

Dec 04, 2018

Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority (DMA). The certificates must be renewed once a year when the underlying insurance expires.According to DMA, ships that…

Maersk to Cut Carbon Emissions to Zero by 2050

Dec 04, 2018

The world's largest container shipping company A.P. Moller -Maersk has pledged to cut net carbon emissions to zero by 2050.The Danish business conglomerate with activities in the transport, logistics and energy sectors said in a press note that to achieve this goal…

IOC: 5-year Tender on Scrubber-fitted Tankers

Dec 04, 2018

Indian Oil Corp (IOC) issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed.The tender says Indian shippers will be given first right of refusal for…

AAPA: U.S. Ballast Water Legislative Victory Appears Imminent

Dec 04, 2018

Legislation that sets standards for incidental water discharges from vessels passed the House on Nov. 29.The Frank LoBiondo Coast Guard Authorization Act of 2018, S. 140, which includes the Vessel Incidental Discharge Act (VIDA), passed the…

Giampiero Soncini named CEO of IB Marine Division

Dec 04, 2018

Giampiero Soncini will assume the role of CEO, Marine Division, at IB Marine.“Under his guidance IB Marine is looking to become a major player in the Marine IT sector”, says Maurizio Ricci, IB President, who will retain the role of CEO IB Industry Division…

Fifteen Reported Dead in Migrant Boat off Libya

Dec 04, 2018

Fifteen migrants have died in a boat off the Libyan coast after spending 12 days at sea without food or water, an Egyptian survivor said on Tuesday.Only 10 migrants from the capsized boat survived, all of whom were suffering from severe dehydration…

Baltic Index Snaps 4-day Losing Streak

Dec 04, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, marked its first gain in five days on Tuesday, helped by firmer rates across vessel segments.The overall index, which factors in rates for capesize…

Rising Ship Supply Eases LNG Charter Rates

Dec 04, 2018

Limited availability drove LNG shipping rates to highs; but prices now falling as more ship supply becomes available.Inflated spot charter rates for liquefied natural gas (LNG) tankers are easing as more ships becoming available, which could…

Logistics News

ICTSI to Operate Durban Container Terminal Pier 2

ICTSI to Operate Durban Container Terminal Pier 2

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

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