Latest News - page 1006

 

PSA International sees profit jump 5.0%

Mar 19, 2018

* PSA International Pte Ltd (PSA) handled 74.24 million TEUs for the year ended 31 December 2017, representing an increase of 9.8% from the previous year.* PSA's flagship Singapore Terminals contributed 33.35 million TEUs, increasing 9.0% over 2016…

Wärtsilä acquires Transas

Mar 19, 2018

Wärtsilä announced today that it has acquired Transas, an innovative, digital solutions provider headquartered in the UK. This acquisition is a recognition of Transas’ strong position in the maritime technologies market and its technological leadership…

3 Rescued Off Port of St. Lucie

Mar 19, 2018

The Coast Guard rescued three people aboard a disabled boat approximately 12 miles east of Port of St. Lucie, Sunday.At approximately, 5 a.m., the crew of the tug McAllister Sister notified Coast Guard Sector Miami watchstanders of a red meteor flare from a 23-foot center console…

ADNOC Signs Major Offshore Concession Agreements with Total

Mar 18, 2018

The Abu Dhabi National Oil Company (ADNOC) has signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions.  Under the terms of the agreements, Total has been awarded a 20% interest in the…

Kuwait Oil Tanker Signs Financing Deal for 8 Tankers

Mar 18, 2018

Kuwait Oil Tanker Company (KOTC) said on Thursday it had signed a 140 million dinar ($467 million) financing deal with three local banks for eight oil tankers, state news agency KUNA reported. The 10-year financing was obtained from Warba…

DP World Acquires Cosmos Agencia Maritima in Peru

Mar 18, 2018

Dubai-based DP World, , one of the world's largest port operators, said it had bought a logistics firm  Cosmos Agencia Maritima (CAM) in Peru for $315.7 million, giving it a 50 percent stake in the country's second largest container terminal…

Port of Gothenburg: Sustained Growth in Ro-Ro Operations

Mar 18, 2018

Ro-ro operations at the Port of Gothenburg are looking bright, with sustained growth three years in succession. There has been an increase of 10 per cent over the past year alone, with the number of units currently standing at 593,000.  But…

ISWAN :Infographics for seafarers Psychological Wellbeing at Sea

Mar 17, 2018

ISWAN has produced four new infographics, in partnership with The Shipowners' Club, using extracts from its latest self-help guide for seafarers, Psychological Wellbeing at Sea. Psychological wellbeing enables us to function well, feel good about ourselves…

2 divers, minor rescued in Puerto Rico

Mar 17, 2018

Coast Guard Air Station Borinquen MH-65 Dolphin helicopter crews rescued two divers and a minor during two unrelated cases Thursday in Fajardo and Vieques, Puerto Rico.The first rescue came when Coast Guard watchstanders in Sector San Juan…

Korea Lines orders two VLCCs at Hyundai Heavy

Mar 16, 2018

South Korean shipping firm Korea Line Corporation (KLC) has placed an order for two new very large crude carriers(VLCC) at country's biggest yard, Hyundai Heavy Industries (HHI), and the company will explore further collaborations with the country's shipbuilders…

Kalmar Promotes New Range of Reachstackers in Latin American

Mar 16, 2018

Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Latin American market a value-based choice of the high quality, reliable equipment that Kalmar is known for.  Based on Kalmar's proven G-generation platform…

World’s Second Largest Container Ship CMA CGM Antoine de Saint Exupéry Docks in Hamburg

Mar 16, 2018

The ‘CMA CGM Antoine de Saint Exupéry', the largest containership ever to call at the port on the Elbe, berthed in Hamburg early on Thursday morning, 15 March.  The maiden call by this ocean-going giant is a further milestone in the Port…

Work in Progress to Expand Dunkirk Box Terminal

Mar 16, 2018

Container handling in the Port of Dunkirk takes place mainly at the Flanders Terminal. The activity continues to grow steadily, with numbers increasing from 200,000 TEU in 2010 to 375,000 TEU in 2017. In February 2017, to maintain this development…

Kalmar Backs Suomen Satamatekniikka Oy

Mar 16, 2018

Kalmar, part of Cargotec, has signed a Kalmar Care service agreement with Suomen Satamatekniikka, a subsidiary of Steveco, covering the maintenance and service of 16 Kalmar straddle carriers at the Port of Helsinki, Finland.  The order…

New Members Join NOAA’s Hydrographic Services Advisory Panel

Mar 16, 2018

NOAA acting administrator retired Navy Rear Adm. Tim Gallaudet, Ph.D., has appointed three new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving a range of services…

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

Subscribe for Maritime Logistics Professional E‑News

Taiwan President arrives in Eswatini, after blaming China on cancellation of previous trip
Sources say that the Air India CEO search has narrowed down to Singapore Air executive Kannan and insider Aggarwal.
Kenya flood death toll reaches 10 as dam overflow raises alarm