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Former Maersk Boss Named Unifeeder Chairman

Nov 14, 2017

Nils Smedegaard Andersen has been appointed Chairman of the Board of Directors of Denmark based feeder and shortsea operator Unifeeder, taking up his first directorship within the logistics and shipping industry after stepping down from his position as Group Chief Executive Officer of A…

St. Lawrence Seaway Cargo Up 10%

Nov 14, 2017

St. Lawrence Seaway cargo volumes are up 10 percent as the shipping season enters its busiest final months. According to The St. Lawrence Seaway Management Corporation, total cargo tonnage from March 20 to October 31 reached 28.7 million metric tons – 2…

Fincantieri to Delist Vard

Nov 13, 2017

Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST). Fincantieri, which holds a 79.34 per cent stake in Vard through a subsidiary Fincantieri Oil & Gas…

APM Terminals Pier 400 Los Angeles Sets New Single Vessel Record

Nov 13, 2017

APM Terminals Pier 400 Los Angeles has established a new single vessel cargo operations record during the call of the 13,600 TEU capacity Maersk Evora, with a combined total of 24,846 TEUs loaded and discharged over a 128-hour period.  This performance eclipsed the previous record of 18…

TEN Completes Fleet Expansion

Nov 13, 2017

Tsakos Energy Navigation Ltd (TEN) has reported the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15-vessel, pre-employed on long-term business, growth program, which increased the size of TEN's fleet by 30 percent over the last 18 months…

Eye-share Partners with Eiger Marine

Nov 13, 2017

Eye-share and Eiger Marine form a partnership to offer the best invoice automation system to maritime customers in Greece and Cyprus. Eye-share partners with Eiger Marine. This partnership forms part of our strategy to partner and co-operate…

Aurizon in Talks to Buy Debt-saddled Coal Port

Nov 13, 2017

Australian coal rail operator Aurizon Holdings said on Monday it was in talks to buy the Wiggins Island Coal Export Terminal (WICET), which urgently needs to restructure $3 billion in debt. A purchase would mark a change in strategy under…

Container Service Returns to Port of Portland

Nov 13, 2017

Hong-Kong based carrier Swire Shipping will offer general, non-containerized cargo and container service at Oregon’s sole international port from January 2018.A new call at Port of Portland's Terminal 6, which will likely be monthly and…

Webb Receives SS Beaver Medal for Maritime Excellence

Nov 13, 2017

Rollie Webb, Senior Vice President at Robert Allan Ltd., was presented with the SS Beaver Medal for Maritime Excellence by the Lt. Governor of B.C. Judith Guichon on behalf of the Maritime Museum of British Columbia in a ceremony held on November 9 in Victoria…

OSM Crew Management for Lauritzen Kosan Fleet

Nov 13, 2017

Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers. OSM’s…

QTerminals Appoints Bissett as CEO

Nov 13, 2017

The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer.  QTerminals was established as a jointly-owned…

Iran Shipbuilder Signs MoU With Netherlands’ Damen

Nov 12, 2017

Iran’s Arvandan Shipbuilding Company and Netherlands’ Damen Shipyards signed a memorandum of understanding (MoU) for cooperation in shipbuilding industry, reports Trend News Agency. The deal envisages cooperation in manufacturing advanced offshore vessels in Iran…

Teekay’s 1st Arctic LNG Carrier Completes Trial

Nov 12, 2017

Teekay LNG Partners said its first icebreaker liquefied natural gas (LNG) carrier newbuild, Eduard Toll, recently completed gas trials.  Eduard Toll is Teekay’s first of six 172,000 cubic meter ARC7 LNG carrier newbuildings to be constructed for the Yamal LNG project…

Yang Ming Posts Year-on-year Profit Increase

Nov 12, 2017

Yang Ming announced an increase in third quarter profits of 23.4 percent from the same quarter last year. At its board meeting on November 9, the company approved the financial report that showed revenues for the third quarter of 2017 rising to $1…

DNV GL, Chrysaor Pact for North Sea Operations

Nov 10, 2017

DNV GL has secured a combined engineering services agreement with Chrysaor Holdings Ltd. to deliver a unique range of services to the company in support of its North Sea Operations. Chrysaor recently completed the acquisition of a package…

Logistics News

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

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