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Maersk Rig Contracted to Aker BP

Aug 30, 2018

Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.Maersk Reacher will be deployed as an accommodation rig, with the option of…

GMP Terminal de France Contracts Kalmar for Capacity Expansion

Aug 30, 2018

Kalmar, part of Cargotec, has been awarded a contract to heighten four ZPMC ship-to-shore (STS) cranes operated by Generale de Manutention Portuaire (GMP), a joint venture between DP World and Terminal Link (CMA-CGM), located in the port of Le Havre…

APM Terminals Uses Drones

Aug 30, 2018

At APM Terminals' inland services facilities in San Antonio and Santiago, Chile, safety supervisors previously monitored activities on the ground. Now the latest technology is enabling their work to be done more effectively and safely.APM Terminals…

Logimatic Appoints Regional Manager

Aug 30, 2018

Effective August 13, 2018, Alfred Verzijl joins Danish engineering and software firm Logimatic as Regional Manager of the Singapore office as a part of Logimatic’s international growth strategy. Stepping up the expansion of the fleet management…

US Warns Russia Against 'Harassment' of Ships Headed to Ukraine

Aug 30, 2018

The U.S. State Department on Thursday called on Russia to cease what it called 'harassment of international shipping' in the Sea of Azov and Kerch Strait, accusing Moscow of trying to destabilize Ukraine.'Russia's actions to impede maritime…

New Hands at the Helm for GAC Sweden

Aug 30, 2018

The GAC Group has appointed industry veteran and current Chair of the Swedish Shipbrokers Association, Johan Ehn, as Managing Director of its operation in Sweden. Ehn started his career in shipping in 1989 when he joined Swedish Maritime AB…

Foreship Appoints Head of Project Management Services

Aug 30, 2018

Foreship has appointed Viktor Gingsjo as Head of Project Management Services – a newly-created post that reflects a significant rise in demand for this aspect of the leading naval architect and engineering company’s services.The new role, effective from September 1…

Weaker Demand for Larger Vessels Weighs on Baltic Index

Aug 30, 2018

Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped on Thursday, pressured by weaker demand for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax…

Managing the Switch to Low Sulphur Fuels

Aug 30, 2018

There is less than 18 months to go until the International Maritime Organization’s (IMO) global 0.5 per cent sulphur cap comes into force. From the 1st of January 2020, the marine landscape will dramatically change and many questions still remain unanswered…

U.S. Economy Accelerates Towards Cyclical Peak: John Kemp

Aug 30, 2018

The U.S. economy shows signs of extending its nine-year expansion with the help of tax cuts and strong business and consumer confidence.Both the longevity of the expansion and the apparent limited slack in the labour and product markets suggest…

COSCO Shipping's H1 Profit Falls 98 pct

Aug 30, 2018

China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…

China Constructs New Terminal in Suez Canal

Aug 29, 2018

China Harbour Engineering Company (CHEC) began the main phase of the construction of a new terminal basin in Sokhna Port south of the Suez Canal northeast of Egypt, said he state media Xinhua.According to the report, the project was assigned…

Galloper Contract Goes to Granada

Aug 29, 2018

Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project, 56 on wind turbine foundations and two on the offshore substation…

Noble Chooses Kongsberg for Drillship Monitoring Package

Aug 29, 2018

Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The contract reflects a growing requirement for deep technology integration on drilling platforms and ships…

"Huge amount of work to do" in NAFTA talks -Canadian minister

Aug 29, 2018

Canadian Foreign Minister Chrystia Freeland said on Wednesday she remained optimistic about progress on negotiations with the United States over a revamp of the North American Free Trade Agreement, but said there was a 'huge amount of work to do…

Logistics News

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

MSC: How the World’s Largest Boxship Fleet Squeezes More Miles from Every Molecule

MSC: How the World’s Largest Boxship Fleet Squeezes More Miles from Every Molecule

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Embraer's Eve makes its maiden flight with a 'flying vehicle' prototype
Sources say that Mexican airlines Volaris & Viva Aerobus are nearing a merger agreement
Energy Transfer suspends its Lake Charles LNG Export Project