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Smit Lamnalco Orders Four Tugs

Nov 09, 2017

Rotterdam-baed towage and marine services company Smit Lamnalco  ordered four Damen ASD 3212 tugs.Two of the new Damen ASD 3212 tugs will head for the mining town of Weipa in Queensland, Australia in the third quarter of 2018, where they will be deployed on a Rio Tinto project…

TOTE Invests (again) in LNG Conversions

Nov 09, 2017

TOTE Inc., courtesy of being the first in the world to order containerships powered by LNG, have been leaders in the push to design and build tonnage ahead of the emissions regulation curve. The company again makes headline with the announcement…

Port Worker Crushed to Death in Jakarta

Nov 09, 2017

According to an announcement from the International Transport Workers’ Federation, an Indonesian worker who was killed on the job at the International Container Terminal Services Inc (ICTSI) facility in Jakarta overnight.According to the ITWF report…

DSME Posts Profit for Q3

Nov 08, 2017

South Korean yard giant Daewoo Shipbuilding and Marine Engineering (DSME) ended the third quarter of this year with a profit of KRW 45.7 billion (USD 41 million), compared to a net loss of KRW 284 billion posted a year earlier, Yonhap said…

China OKs Maersk Hamburg Süd Deal

Nov 08, 2017

The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…

MOL Research on Marine Rotary Machineries

Nov 08, 2017

Mitsui O.S.K. Lines (MOL) announced plans to work with Asahi Kasei Engineering Corporation (AEC) on a project to verify predictive detection of abnormalities in marine rotary machineries using vibrating sensors. The research will focus…

ESPO Congrats Port Boulogne Calais for PERS Certification

Nov 08, 2017

The European Sea Ports Organisation (ESPO) congratulated the Port Boulogne Calais for achieving the Port Environmental Review System (PERS) certification, the only port sector specific environmental management standard provided by the EcoPorts Network…

AI to Estimate Vessel Speed and Fuel Consumption

Nov 08, 2017

Mitsui O.S.K. Lines (MOL) announced that it teamed up with Fujitsu Laboratories Ltd., and Tokyo University of Marine Science and Technology to verify the accuracy of technology to estimate vessel performance at sea by applying Fujitsu's artificial intelligence (AI) technology…

U.S. Commerce Chief Ross Reportedly Divests Shipping Interests

Nov 08, 2017

According to a Reuters report, U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said earlier this week…

Port Tech, Info Sharing Discussed

Nov 08, 2017

A group of leading ports from around the globe wrapped up a two-day meeting in Los Angeles this week as part of a maritime collaboration called chainPORT, a global initiative established in 2015 to digitally connect ports worldwide and boost efficiency within the global maritime supply chain…

The Impact of Decarbonization on Shipping Finance

Nov 08, 2017

“Many global financial institutions have committed to bringing their portfolios in line with the transition to a low-carbon economy. To fully achieve this, they must address the climate risks to hundreds of billions of dollars in shipping investments that will emerge as soon as 2023…

FIT Completes First Call by Sealand SAE Service

Nov 08, 2017

Florida International Terminal (FIT), the SAAM-operated terminal in Port Everglades-Fort Lauderdale (U.S.), welcomed the Maersk Winnipeg, marking the first call by the new Sealand SAE service.The service is a weekly route between South Florida…

SC Ports: Record Container Volumes

Nov 08, 2017

South Carolina Ports Authority reported its strongest October on record, with 184,804 twenty-foot equivalent container units (TEUs) handled last month.Fiscal year-to-date TEU volume is up 5 percent, with 724,799 TEUs handled since the Port's fiscal year began in July…

Damen Inks Deal for Three Ferries

Nov 08, 2017

At the Europort 2017 exhibition in Rotterdam, Damen Shipyards Group and Belgian ferry operator Aqualiner signed a contract for the delivery of three more Damen Waterbus 2407 vessels, for operations on the Scheldt in Antwerp. At the signing were Gerbrand Schutten (CEO Aqualiner)…

Contract Awarded for Hybrid Icebreaking Tug

Nov 08, 2017

Spain's Gondan was tapped to build a tug designed by Robert Allan Ltd for the Port of Luleå (Sweden). Gondan’s new contract with Port of Luleå (Sweden) specifies a new hybrid-powered icebreaking escort tug -- a RAL TundRA 3600-H class icebreaking design…

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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