CJ Logistics Corp. (CJL), South Korea’s largest parcel delivery service company under food and entertainment conglomerate CJ Group, will merge with the group’s construction arm, Yonhap said. The merger ratio will be one CJL share for every 0…
ABS, a leading provider of classification and technical services to the marine and offshore industries, was selected by Q-LNG, LLC, to class an Articulated Tug Barge (ATB) for LNG bunkering in North America. The vessel is scheduled to begin construction at VT Halter Marine in Pascagoula…
South Korea's Hyundai Merchant Marine (HMM) has held a “2018 Sales Strategy Meeting” to prepare sales strategies for the next year. At the meeting being held on 18-22 December 2017, approximately 150 people attended including HMM President & CEO C…
Eagle Bulk Shipping announced that it has acquired a 2015-built CROWN-63 Ultramax bulkcarrier for a purchase price of USD 21.275 million. The vessel was constructed at Yangzhou Dayang Shipbuilding CO.,LTD., the same yard as the nine Ultramaxes acquired by the Company earlier this year…
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM…
Central and Latin America celebrated the launch of a new women in the maritime network in Valparaíso, Chile (13-15 December), which joins the International Maritime Organization (IMO) family of regional Women in Maritime Associations (WIMAs)…
The Port of Seattle Commission has appointed retired U.S. Coast Guard Rear Admiral Stephen P. Metruck as its new Executive Director, effective February 1, 2018.Metruck will succeed interim executive director Dave Soike, who took over following the resignation of port CEO Ted Fick in February 2017…
China is lavishing vast amounts of aid on a small Pakistani fishing town to win over locals and build a commercial deep-water port that the United States and India suspect may also one day serve the Chinese navy. Beijing has built a school…
Shipping confidence held steady at its highest rating in the past three-and-a-half years in the three months to end-November 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
The last oceangoing vessel of the year is scheduled to leave the Port of Duluth-Superior, signaling the beginning of the end of the 2017 commercial shipping season in the Twin Ports and across the Great Lakes-St. Lawrence Seaway system. Weather permitting…
Crowley Maritime Corporation announced that Ketra Anderson has been named vice president of safety, security, quality and environmental stewardship (SSQE), replacing Paul Manzi, who has been named vice president of the company’s new Alaska Tankers group…
Petrogress, Inc. has announced that its Petrogress Int’l, LLC (PIL) subsidiary has entered into a Memorandum of Understanding (MoU) with EDT Agency Services, Ltd. (EDT Offshore) to combine the companies’ operations at the Port of Limassol and additional port facilities in Cyprus…
Global agricultural goods merchant Louis Dreyfus Company (LDC) has become a member of the Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry. LDC joins other SSI members who…
Cosco Shipping Energy Transportation (CSET) has placed an order for seven more ships at compatriot Guangzhou Shipyard International Company Limited (GSI), owned by CSSC Offshore & Marine Engineering Company Limited. The order will include two 64…
North American ports must adapt to changes in customer demand and future industry trajectory, said APM Terminals head of Hub Terminals, Jack Craig. “The customer landscape has changed and become much more competitive. We as an industry need to work together…
