Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. August’s loadings were also nearly 12 percent ahead of the month’s five-year average…
Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.Hoegh Autoliners specializes in transporting cars…
BMT Group subsidiary BMT Asia Pacific (BMT) will provide detailed engineering design and risk management consultancy services for a new coal unloading jetty and associated bulk handling system at the Tanjung Bin Energy (TBE) Power Plant in Johor…
The November 2017 edition of Maritime Reporter & Engineering News – with bonus distribution at the International Workboat Show in New Orleans – will feature a Regional Directory and editorial insights on the “Top 50 Marine Equipment Distributors…
The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…
In August 2017, Konecranes signed a major service agreement: the company’s Antwerp-based service organization will perform all of the maintenance and repair work on more than 150 Konecranes Noell Straddle Carriers of different generations for MSC PSA European Terminal (MPET)…
Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC)…
BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries. Lifeboat accidents resulting in fatalities and serious injuries are all too frequent…
APM Terminals and Hong Kong-based COSCO SHIPPING Ports, a subsidiary of China COSCO Shipping Corporation, have reached an agreement on the key terms of the proposed sale of APM Terminals’ 76% majority shareholding in the existing APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports…
Global Ship Lease, Inc., a containership charter owner, has announced that it has signed time charter extensions with CMA CGM for two 2,207 TEU containerships, the 2002-built Julie Delmas and the 2003-built Delmas Keta. The vessels will…
The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported steady financial results for the six months ended 30 June 2017, despite challenging market conditions. The Club recorded a 99.3% combined ratio…
Greek Prime Minister Alexis Tsipras urged French businesses on Friday to invest in Greece, as it emerges from its debt crisis, and assured them that they would not regret it. Tsipras said attracting investment was a priority for his leftist-led government…
The Port of Virginia tallied the most productive August in its history, moving 240,605 twenty-foot equivalent units (TEUs), a 2.2 percent increase when compared with the same month last year. “As construction progresses at VIG (Virginia…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near three-year high on Monday, supported by higher rates across all vessel segments. The overall index, which factors in rates for capesize…
If you’ve been working in the marine insurance industry lately, you will have heard about “blockchain” at some point; it is the electronic, distributed ledger, notoriously known for enabling the use of cryptocurrencies such as Bitcoin and Ether…
