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21 Graduate from Webb Institute

Jun 19, 2018

On Saturday, June 16, 2018, Webb Institute awarded 21 Bachelor of Science degrees at its 122nd Commencement Ceremony. Each graduating student received a dual degree in Naval Architecture and Marine Engineering.   Webb’s commencement ceremony…

Cargill Aims to Cut Ship Emissions 15% by 2020

Jun 19, 2018

Cargill Inc aims to cut carbon emissions from its international shipping unit by as much as 15 percent by 2020, to meet U.N. regulations to reduce pollution and demands from some of its food manufacturer customers for more environmentally-friendly operations…

Libya Oil Output Slashed by Port Attacks

Jun 19, 2018

Libya has lost some 400,000 barrels per day (bpd) of oil production in recent days because of militant attacks at the Ras Lanuf and Es Sider ports, the head of the National Oil Corporation, Mustafa Sanalla, said on Tuesday.Sanalla said there were still militants present in the area of the terminals…

Panama Imports Its First LNG Cargo

Jun 19, 2018

Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America.Many utilities in Central…

Deutsche Bank Sells $1 Bln Ship Loan Portfolio

Jun 19, 2018

Deutsche Bank is selling a $1 billion portfolio of legacy shipping loans to an entity owned by funds managed by Oak Hill Advisors and Varde Partners, it said on Tuesday.Reuters reported last week that the sale of the portfolio was imminent,…

What Can Beijing Do if China-US Trade Row Worsens?

Jun 19, 2018

China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war…

Nils van Vliet Appointed CEO of Railport Antwerp

Jun 19, 2018

Railport Antwerp, a joint initiative by Antwerp Port Authority, the Left Bank Development Corporation and the industry associations Essenscia Vlaanderen and VOKA-Alfaport, is to expand its activities.  The company will actively serve rail transport in the port…

Feedgas Flows into Sabine Pass LNG Export Plant Drop Again

Jun 19, 2018

Feedgas supplies into Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana fell again after recovering briefly following a month-long maintenance shutdown affecting one of three production units, data showed on Tuesday…

ICHCA, IAPH Joins for World Ports Sustainability Program

Jun 18, 2018

ICHCA International, the global NGO and membership association for cargo handling operations, technical, HSSE and risk professionals has signed a Memorandum of Understanding (MoU) with the International Association of Ports and Harbors (IAPH) to pursue cooperative projects of mutual interest…

Global Ship Lease Adds 2,800 TEU Containership

Jun 18, 2018

Global Ship Lease, a containership charter owner, announced that the Company has taken delivery of a 2005-built, 2,800 TEU containership, now named GSL Valerie.  Shortly after delivery, and as agreed at the time the Company contracted to purchase the vessel…

ACMF Receives Grant from Former SeaFreight Boss

Jun 18, 2018

The American Caribbean Maritime Foundation (ACMF) announced it received a contribution of $150,000 from Mr. and Mrs. Roland Malins-Smith. Mr. Malins-Smith, now retired, is founder of SeaFreight Line Ltd. which was acquired by Crowley in 2015…

Port Houston Taps Moseley as CCO

Jun 18, 2018

Port Houston’s senior director of trade development John Moseley has been appointed to succeed retiring chief commercial officer Ricky Kunz.Moseley, the port’s senior director of trade development since 2010, will take the lead in developing and executing Port Houston’s commercial strategy…

The Bellona Foundation, Carnival Partner in Sustainable Cruising

Jun 18, 2018

The Bellona Foundation and Carnival Corporation & plc have signed an agreement to work together to continue improving environmental and sustainability impact. The newly formed cooperation is based on the two parties’ shared vision of an even…

Container Scanning Introduced at Krishnapatnam Port

Jun 18, 2018

India’s Krishnapatnam Port Company Limited (KPCL),  in an industry first initiative, announced the installation of ‘Rapiscan Eagle P 60 (“Eagle P60’)’ a drive through X Ray Container Scanner & Radiation Portal Monitors. Besides increasing security and safety of the port…

Somalia, Ethiopia to Jointly Invest in Red Sea Ports

Jun 18, 2018

Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world's most strategic waterways.After Somalia's…

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

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