Latest News - page 845

 

Ship Strikes Dredging Pipeline in Sabine Pass

Sep 06, 2018

Several vessels, including two oil tankers and one carrying liquefied natural gas, were stalled and unable to enter the Sabine Pass shipping channel near the Texas-Louisiana border due to draft restrictions, the U.S. Coast Guard said on Thursday…

Brazil Minimum Freight Rates Hurt Port Cargos -Association Chief

Sep 06, 2018

Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…

Contract Extension for Tanker Stena Provence

Sep 06, 2018

Concordia Maritime said it has signed a contract to charter out the P-MAX tanker Stena Provence for another year from September 2018.The contractual partner is one of the world’s largest oil and gas companies, who has used the vessel since 2014 for niche transportation of refined petroleum products…

Joyce Krane Moves into Maritime Sector

Sep 06, 2018

The family business Joyce Krane from Karratha recently ordered an LHM 280 Mobile Harbor Crane. The Australian heavy lift and logistic company has been a Liebherr customer of mobile cranes for many years and is now opting for its first Liebherr maritime crane…

CMA CGM Says It's Ready for More M&A Deals

Sep 06, 2018

France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday.'The shipping sector is…

Hapag-Lloyd is 'Excellence Green Star' in Ship Recycling

Sep 05, 2018

Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling.Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented the certificate to Hapag-Lloyd COO Anthony J…

Somalian Maritime Administration to be Fully Operational Soon

Sep 05, 2018

Somalia’s Department of Maritime Administration is planned to become fully operational by the end of the year, enabling the country to discharge its flag, port and coastal responsibilities effectively in line with International Maritime Organization (IMO) instruments…

ESPO Calls for Strengthening Maritime Connectivity at EU Ports

Sep 05, 2018

The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow…

OOCL Bags 2018 Singapore Environmental Achievement Award

Sep 05, 2018

Orient Overseas Container Line (OOCL) has received the 2018 Singapore Environmental Achievement Award (Regional) at a ceremony held by the Singapore Environment Council’s (SEC) recently.The SEAA (Regional) Award category recognizes local or…

China Tops Leading Maritime Nations of the World: Menon Economics

Sep 05, 2018

The 2018 report on the “Leading Maritime Nations of the World” ranks China as the world’s leading maritime nation, placed among the top four on all the maritime pillars in the ranking. China’s position is particularly strong in shipping and ports & logistics…

Sea Machines Moves to Larger, Waterfront Location in Germany

Sep 05, 2018

U.S. based Sea Machines announced that it has moved its team in Hamburg, Germany to a larger waterfront work space in the Hammerbrook area.The company said the move supports growing in interest in its autonomous controls and advanced perception…

Transmar Eyes Growth from Adabiya Port

Sep 05, 2018

Egyptian container shipping line Transmar said it has leveraged the Port of Adabiya in an effort to strengthen its presence across Middle East and East African routes.With a growing interest in container services and a recovery in the Egyptian economy…

Danelec Marine Aims to Accelerate IoT Revolution

Sep 05, 2018

The Internet of Things (IoT) Revolution is making inroads into the global shipping industry, and Danelec Marine plans to play a central role in accelerating that process by removing one of the major barriers to entry.“The critical element in any IoT system is the availability of timely…

U.S. Gulf Coast Ports Being Inspected After Storm Gordon

Sep 05, 2018

Energy companies and port operators along the U.S. Gulf Coast were taking steps on Wednesday to resume operations after Tropical Storm Gordon shut 9 percent of the region's oil and gas output.Coast Guard inspectors were flying over ports in Mississippi and Alabama to inspect the facilities…

CMA CGM Launches New Reefer Tech

Sep 05, 2018

Shipping group CMA CGM has launched an advanced technology for the transportation of highly sensitive fruits and vegetables by active controlled atmosphere.CLIMACTIVE, unveiled at the 2018 edition of the Asia Fruit Logistica fair, is the latest…

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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Ukraine accepts 90 billion euro EU loan despite the lack of agreement on Russian assets
Asia spot prices drop to a 20-month low due to weak demand
The new airline group formed by the Volaris and Viva merger will have lower fleet costs.