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Vanderhaden Named USCG Master Chief Petty Officer

Mar 27, 2018

The U.S. Coast Guard announced Tuesday Command Master Chief Jason M. Vanderhaden has been selected as the 13th Master Chief Petty Officer of the Coast Guard. The Master Chief Petty Officer of the Coast Guard is the service's most senior enlisted…

Intermarine UK Ramps up Portland Port Operations

Mar 27, 2018

Maritime engineering company Intermarine UK is ramping up operations at its new 2,400sqm fabrication and welding facility at Portland Port in Dorset, U.K. after taking delivery of £450,000 of new machinery.  Inter Marine Group President…

Cloud MRV Collects Data for IMO-DCS Regulation

Mar 27, 2018

The International Maritime Organization (IMO) has introduced a mandatory Data Collection System (DCS) for international shipping, which requires ships above 5,000 gross tonnage to start collecting and reporting fuel consumption and CO2 data to an IMO database from 2019…

Djibouti, CMA CGM in Talks to Develop New Container Terminal

Mar 27, 2018

Djibouti is in talks with French shipping company CMA CGM to develop a new container terminal at an initial cost of $660 million as part of the tiny African country's bid to expand into a sea and air transport hub for the continent. Aboubakar Omar Hadi…

Australia Bans Containership over Unpaid Wages

Mar 27, 2018

Liberian-flagged containership MSC Kia Ora has been banned from Australian ports for three months after the operator failed to ensure crew were paid their wages in full and on time, and that critical equipment was maintained. The ban was issued by the Australian Maritime Safety Authority (AMSA)…

Stolt-Nielsen Names Grüner-Hegge CFO

Mar 27, 2018

Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018. Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr…

Basra Gataway Buys Custom Damen Dredger

Mar 27, 2018

A customized Damen Cutter Suction Dredger, type CSD500, has been named by her owner Basra Gateway terminal at the Damen Dredging yard in the Netherlands. Immediately after the ceremony, the dredger was made ready for transport and towed to Rotterdam…

Oakland's Agricultural Export Rose 42.7% in Four Years

Mar 27, 2018

Agricultural exports shipped from here have increased 42.7 percent in volume since 2013, the Port of Oakland said today. Port officials said that the vigorous growth reflects continued strong overseas demand for U.S. farm goods. They added that…

Hyundai Merchant Marine Gets $420 Mln to Add 5 VLCCs

Mar 26, 2018

South Korea’s leading sea carrier Hyundai Merchant Marine Co. (HMM) has signed a financial contract with Korea Shipping and Maritime Transportation to build five 300,000-ton very large crude carriers (VLCCs), said a report in Business Korea…

COSCO Shipping Ports More than Doubled Profit in 2017

Mar 26, 2018

Hong Kong-based port operator COSCO Shipping Ports said that it 2017 profits have more than doubled from a year earlier, partly due to a one-off disposal gain and higher operating profits. The subsidiary and listed company of China COSCO…

Yang Ming Back to Profitability in 2017

Mar 26, 2018

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its  consolidated revenues of 2017 totaled NTD 131.08 billion (USD 4.4 billion), up 13.59% compared with NTD 115.4 billion (USD 3.88 billion) in revenue from previous year…

Navios Maritime Acquisition Corporation Sells VLCC for $44.5 Mln

Mar 26, 2018

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has agreed to sell the Nave Galactic, a 2009-built VLCC of 297,168 dwt to Navios Maritime Midstream Partners for $44.5 million.  Navios…

Post-Panamax Ro/Ro Makes First US Voyage

Mar 26, 2018

A new class of post-Panamax (PPX) vessel made its first visit to Port Canaveral, marking the second time this year a vehicle carrier megaship of this size has called on the port. Launched in 2017, the MV Donington PPX roll-on/roll-off (Ro/Ro)…

US in Talks with China on Trade

Mar 26, 2018

White House trade adviser Peter Navarro said on Monday that United States is in talks with China after Washington announced plans to impose tariffs on up to $60 billion of Chinese products. In an interview with CNBC, Navarro said Treasury Secretary Steven Mnuchin and U…

Soufflet to Open New Export Facility

Mar 26, 2018

Soufflet, one of the biggest exporters of French grain, said a port facility it is launching on the Atlantic coast will help narrow the gap with cheaper, higher-quality Black Sea origins in growing export markets in Africa and the Middle East…

Logistics News

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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

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