Latest News - page 996

 

Schaller Takes Over as Head of the Voith Group

Apr 02, 2018

As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KGaA and will lead the international technology company.He succeeds the long-serving head of the Board, Dr. Hubert Lienhard…

Genco Sets Up Minor Bulk Subsidiary

Apr 02, 2018

Genco Shipping & Trading Limited announced it has established a European subsidiary in Copenhagen to be led by newly appointed Commercial Director, Minor Bulk, Europe, Sune Linné Fladberg. “We continue to take steps to solidify our sizeable…

Höegh Autoliners Increases Service to Oceania

Apr 02, 2018

Höegh Autoliners steps up its direct service to Australia and New Zealand from the U.S. and Mexico, now offering two sailings per month. The service started as a monthly service earlier this year, and gives Höegh’s customers up to 30 days shorter transit-time from USA and Mexico to Australia…

Ecosystem based Adaptation to Climate Change

Apr 02, 2018

Building community resilience through ecosystem-based adaptation (EbA) is a new application of BMT’s climate change capabilities. In the Pacific, climate change resilience and adaptation is increasingly being considered in the context of EbA…

PIL Founder Steps Down as Chairman

Apr 02, 2018

The founded and Chairman of Pacific International Lines (PIL) Chang Yun Chung announced that he is stepping down and the current Managing Director SS Teo will take over from him.  In a statement he said, 'I wish to inform you that as part of PIL’s ongoing renewal and succession plan…

NYK welcomes 48 new employees

Apr 02, 2018

On April 2, NYK held a ceremony at its head office in Tokyo to welcome 48 new employees joining the company in the 2018 fiscal year.  Extending a warm welcome the NYK president Tadaaki Naito  congratulated the new staff members, He informed that this year…

Container Shipping: ONE Begins

Apr 01, 2018

Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha…

Atlantic Navigation Calls Off Equity Sale to Gulf Navigation

Apr 01, 2018

Atlantic Navigation Holdings said that discussions pertaining to sale of a substantial equity stake to Gulf Navigation Holding  have terminated because the parties involved could not reach an agreement on the definitive terms. 'The deal…

Port of Oakland Forecasts Steady Growth

Apr 01, 2018

Containerized cargo volume moving through Port of Oakland is expected to increase 2 percent annually for the next five years.  The catalyst for growth: a nearly $700 million injection of capital from outside investors.   That’s the message…

Noble Sells Kamsarmax Bulker

Apr 01, 2018

Singapore-listed commodity giant Noble Group (NGL)  has announced it has entered into a memorandum of agreement to sell a Kamsarmax-size dry bulk carrier to Cypriot company Ocean Liberty Marine Ltd and Transmed Shipping Ltd for US$24 million in cash…

Arctic: ExxonMobil Exits, Rosneft Goes Ahead

Apr 01, 2018

Russian state oil company Rosneft will continue geological explorations in the Arctic offshore zone after ExxonMobil quits the joint projects, reports TASS. The report qouted Natural Resources Minister Sergey Donskoy saying that the Arctic…

NYK to Sponsor Shell XPrize Finalist

Mar 31, 2018

NYK has agreed to sponsor Team KUROSHIO,* a finalist in the Shell Ocean Discovery XPRIZE competition, by providing the transportation for the team’s unmanned robots, which are being used in this international competition to quickly and accurately map the ocean floor…

Investments set Oakland Port on growth path

Mar 31, 2018

Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years.  The catalyst for growth: a nearly $700 million injection of capital from outside investors.  That’s the message Port of…

8 rescued from water 14 mi off North Miami Beach

Mar 31, 2018

Coast Guard and partner agencies rescued eight people Friday after their 65-foot motor vessel, Siempre Sonando, was taking on water approximately 14 miles east of North Miami Beach.Coast Guard watchstanders received an emergency position indicating…

Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market

Mar 30, 2018

Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier  a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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