Tsakos Energy Navigation (TEN)'s growth has continued unabated in 2017 with the delivery of one VLCC, the Hercules I, one aframax tanker the Marathon TS and the shuttle tanker Lisboa, currently all under long-term employment to solid counterparties…
Coalition for America’s Gateways and Trade Corridors executive director Elaine Nessle comments on the U.S. Department of Transportation’s funding under President Trump’s Fiscal Year 2018 Budget Blueprint. The Coalition for America’s Gateways…
Bahri’s CEO meets HRH Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud at the high-level gathering in the Royal Embassy of Saudi Arabia in Washington, D.C. A senior-level Bahri delegation met with His Royal Highness Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax…
German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk…
Earlier this week, Port of Durban’s marine pilot Rainer Rauntenberg safely steered a car carrier vessel into the port as cyclonic weather conditions battered the Durban beach front.On Sunday, March 12, 2017, Rauntenberg steered the ro-ro…
essDOCS extends its paperless trade offering, team and global reach with the acquisition of eCertify, the provider of electronic Certificates of Origin. essDOCS said it has acquired eCertify Pty Ltd, inventor of the electronic Certificate of Origin (eCO)…
River Brahmaputra from Dhubri to Sadiya was declared as National Waterway-2 (NW-2) in 1988. A Detailed Project Report (DPR) for NW-2 was prepared by the Howe Engineering Project (India), Central Water and Power Research Station (CWPRS) and…
CMA CGM, a leading worldwide shipping group, and le Carburateur, an incubator for small companies in the Marseille Northern Area in France, team up to stimulate entrepeneurship and job creation in the city. Under the guidance of Rodolphe Saadé…
Christopher A. Hart’s term as Chairman of the National Transportation Safety Board concluded on schedule Wednesday and Vice Chairman Bella Dinh-Zarr will serve as the agency’s acting chairman. Hart will remain at the NTSB, applying his transportation…
Maritime U.K. and the Department of International Trade (DIT) will lead a three-day trade mission to Shanghai at the end of March to promote the U.K. as a center for global maritime business. Attended by senior industry and government leaders from both countries…
The United States Maritime Resource Center (USMRC) has launched a new e-learning course, Cyber Awareness for Mariners, the first training course of its kind for mariners on maritime cyber. Cyber Awareness for Mariners will provide mariners…
Customs inspectors in Malta have seized more than 300 kg (660 lb) of cocaine worth millions of euros on a container ship heading from Ecuador to Spain, Maltese officials said on Thursday. Prime Minister Joseph Muscat hailed the find as the…
Held in Fukuoka, Japan, on March 19, 2017, the 29th Interim Meeting of the Asian Shipowners’ Association (ASA) Shipping Economics Review Committee (SERC)was attended by 21 delegates from ASA member associations of ASEAN, China, Chinese Taipei…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over three-month high on Thursday, buoyed by a surge in capesize vessel activity. The overall index, which factors in rates for capesize…
