Latest News - page 1029

 

Maersk to Face Price War

Aug 22, 2017

A.P. Moller-Maersk's main sea freight business faces the threat of a new price war in a consolidating industry, though the company has been fortified by the $7.5 billion sale of its oil and gas business to France's Total Reuters reported. Maersk…

MPA, IBM Complete Pilot Trial on Project SAFER

Aug 22, 2017

The Maritime and Port Authority of Singapore (MPA) and IBM today announced at the opening of the International Safety@Sea Conference that they have jointly completed the pilot trial of three modules under the MPA-IBM SAFER project, which will be rolled out progressively beginning September 2017…

CMA CGM Invests in NYSHEX Market

Aug 22, 2017

CMA CGM, a world leader in container shipping, is pleased to announce its participation in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made alongside Hapag Lloyd…

Panama Canal Welcomes Largest Capacity Containership To-date

Aug 22, 2017

The Panama Canal today welcomed the largest capacity vessel to ever transit the Expanded Locks, the Neopanamax containership CMA CGM Theodore Roosevelt, which began its voyage from Asia, will be making stops along the U.S. East Coast. The ship has a total TEU allowance (TTA) of 14…

Crowley Swaps US West Coast Tugs

Aug 22, 2017

Crowley Marine Services said it will relocate the tugboat Veteran to the Port of Los Angeles/Long Beach to service all vessels, including large petroleum tank vessels with deep drafts greater than 65 feet calling on Long Beach Berth 121. With a bollard pull rating of over 90 short tons…

Offshore Wind Delivers Success for Montrose Port

Aug 22, 2017

Montrose Port Authority said it has supported its first project within the offshore renewable sector, heralding a new era of capabilities for the energy industry support and service hub. In association with NorSea Group (UK) Ltd, a subsidiary of Norwegian logistics company NorSea Group AS…

Window Joins SIMWAVE as Navigation Manager

Aug 22, 2017

As of August 2017 Steve Window has joined SIMWAVE, the maritime simulation center in Rotterdam, the Netherlands. As the Manager for Navigation, Window will be responsible for overseeing all training and assessments on the various full mission bridge simulators that will be installed at the 5…

New e-Commerce Platform Live at South African Ports

Aug 22, 2017

Transnet National Ports Authority’s (TNPA) new, fully integrated e-commerce platform has gone live. The new Order to Cash system replaces TNPA’s nine year old PortsOnline customer system for online submission of cargo documentation.  TNPA…

Baltic Index Posts First Drop in 3 Weeks

Aug 22, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday snapped a 16-day winning streak, weighed down by weaker demand for capesize vessels.The overall index, which factors in rates for capesize…

Qatar Shipper Milaha Starts Turkey Service amid Crisis

Aug 22, 2017

Qatar Navigation (Milaha), the Doha-based maritime and logistics group, has launched a direct shipping service between Qatar and Turkey amid a regional diplomatic crisis that has cut Doha cut off from three of its closest neighbours. Saudi Arabia…

FTC Fines Global Car Shipping Firms USD 37.8mln

Aug 21, 2017

South Korea's antitrust watchdog Fair Trade Commission (FTC)  has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing, reported Yonhap. According to the FTC…

A2B-online Container Ships Use Biofuels, Big Data to Cut CO2

Aug 21, 2017

A2B-online Container, GoodFuels Marine and We4Sea launch a collaboration project with the aim to reduce fossil fuel consumption and CO2-emissions for two A2B-online ships. Big Data technology is used to map the possibilities for more efficient shipping operations…

USS America Pulls into Changi Naval Base

Aug 21, 2017

Amphibious assault ship USS America (LHA 6) arrived Aug. 21 at Changi Naval Base, Republic of Singapore and is moored across the pier from the guided-missile destroyer USS John S. McCain (DDG 56).  While in Singapore, America will provide…

MOL Breached South Korean Antitrust Law

Aug 21, 2017

The Fair Trade Commission of South Korea (KFTC) announced on August 21, 2017 that several companies including MOL have breached South Korean antitrust law with respect to car carrier services. 'MOL and other shipping companies have been…

NAMEPA to Honor Founding Chairman Maitland

Aug 21, 2017

The North American Marine Environment Protection Association (NAMEPA) announced that Clay Maitland will receive the organization’s Lifetime Achievement Award at an awards dinner in New York on October 26. Maitland, who is a Managing Partner of International Registries…

Logistics News

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Interferry Spotlights Thai Maritime Leader Ahead of the International Day for Women in Maritime

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

Africa Global Logistics to Invest in Inland Logistics

Africa Global Logistics to Invest in Inland Logistics

Subscribe for Maritime Logistics Professional E‑News

Ukraine rolled steel imports down 6.4% in 2025 so far, producers say
Canadian oil and natural gas producer Strathcona sold Montney assets to Canadian company Strathcona for $2.84 billion, and acquired Hardisty terminal
New Fortress Energy reports a quarterly loss due to weak performance across all segments