Saudi Arabia and the United Arab Emirates announced a five-point aid plan for Yemen's Hodeidah port and surrounding areas on Wednesday, after a Saudi-led alliance of Arab states launched an attack on Yemen's Houthi-held main port city.As part of the plan…
Ocean carrier APL announced today it will introduce two new weekly services from central and southern China connecting to Indonesia and Australia respectively.APL's new China Southeast Asia Service 8 (CS8) set to commence on June 30 will provide direct access from Shanghai…
Germany's HSH Nordbank, once the world's biggest ship financier, aims to buy shipping loans from other banks and make new investments in the industry as it emerges from years of turmoil, a top bank official said.The bank's regional government…
Kalmar, part of Cargotec, introduces an eco-efficient reachstacker with a Fuel Saving Guarantee to customers. Kalmar Eco Reachstacker is the very first solution in Kalmar's new eco-efficient portfolio - The Kalmar Eco Range.The solution was…
Vanta E. Coda II has been named as the Ports of Indiana's next chief executive officer to replace outgoing CEO Rich Cooper who is set to retire July 1, 2018.Coda returns to the Ohio River Valley with 25 years of experience in maritime and multimodal operations on the Great Lakes…
Belgian tanker operator Euronav has concluded its merger with U.S. rival Gener8 Maritime, creating one of the world’s largest tanker shipping fleets.Gener8’s shareholders voted earlier this week to approve the merger, and following the closing on Tuesday…
Joined by Connecticut Governor Dannel Malloy at New London’s City Pier, the Connecticut Port Authority (CPA) announced a $15 million investment for infrastructure improvements at State Pier.These funds will revitalize the pier, maximizing its potential as a driver of regional economic growth…
The Canaveral Harbor and Canaveral Sand Bypass projects will receive priority funding in the U.S. Army Corps of Engineers Fiscal Year 2018 Workplan. The Corps has allocated $14.76 million to the Canaveral Harbor Sand Bypass project and $1.47…
On Saturday, June 9, the captain and crew of the Wallem-managed vessel the bulk carrier KSL Seoul rescued six fishermen after their boat was involved in an accident and subsequently capsized.The KSL Seoul was passing through the Mindoro Strait…
The Port of Los Angeles processed 768,804 Twenty-Foot Equivalent Units (TEUs) in May, a dip of 3.4 percent compared to last May’s record of 796,216 TEUs.'Volumes have softened due to continued shuffling of alliance services in the San Pedro Bay…
President and CEO of the Port of Cleveland, William D. Friedman, was elected chairman of the Green Marine’s Board of Directors following the corporation’s Annual General Meeting on May 31, during GreenTech 2018, in Vancouver B.C. Friedman has been sitting on the Green Marine Board since 2013…
Singapore marine fuel sales climbed to a four-month high of 4.283 million tonnes in May, up 1.2 percent from the previous month and 2.5 percent higher compared with a year ago, data from the Maritime and Port Authority of Singapore (MPA) showed on Wednesday…
Tanker company Euronav NV announced that it has sold the Suezmax Cap Jean (1998 – 146,643 dwt) for USD 10.6 million. The vessel was delivered to her new owners on June 8th. The Company will record a capital gain of approximately USD 10…
Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced today that it took delivery of the Navios Altair I, a 2006-built, 74,475 dwt Panamax vessel on June 7, 2018. As previously announced…
European shipowners, represented by the European Community Shipowners’ Associations (ECSA), express their deepest concerns about recent developments on global bilateral trade relations. The result of the G7 meeting last weekend offered no improvement…
