The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at a 12-week high on Tuesday on stronger rates across all vessel segments, especially capesizes. The overall index, which also factors in rates for panamax…
Marine, offshore and engineering consultancy Global Maritime Consultancy & Engineering has appointed Espen Thomassen as Regional Manager for the Americas.Thomassen has been tasked with growing Global Maritime’s business throughout the region…
Frank Coles, Transas CEO, delivered the keynote speech at the Transas Global Conference in Malta. We are faced with the perfect storm in the next few years. Many will conclude it is all the fault of President Trump, but in fact it is actually nothing to do with him…
Dan-Bunkering (America) Inc. has announced the relocation as per March 1, 2017 of Oscar Obregon from Dan-Bunkering in Copenhagen where he was initially employed as Bunker Trader back in 2012.In connection with his relocation to Houston, TX…
South Korea's new container carrier, SM Line, which is built mainly on the remains of collapsed Hanjin Shipping, plans to kick off operations with as many as nine routes this year. According to Yonhap, it will begin its services to Thailand…
46th Safety Week Celebration was inaugurated in V.O. Chidambaranar Port. The Safety Week Celebration for the year 2017 commenced with the flagging off of safety procession by U. Rajendran, Traffic Manager, V.O.Chidambaranar Port Trust. A huge gathering of Officers & Employees of the Port…
It comes as no surprise that the world’s top 10 container ports by TEU volume are all located in Asian countries. Seven of those top ports are Chinese, with Shanghai leading the way with 36.54 million TEU in 2015, according to data compiled by the World Shipping Council…
IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers…
Marine News and Maritime Logistics Professional editor Joseph Keefe last week spent 10 minutes with Oregon Public Broadcasting to discuss the fate and the future of Oregon's only deep water port. Listen in to find out more.As ICTSI Oregon…
Korean Register (KR) has opened a new ICT (information communications technology) Center to enhance the application of advanced information and ICT across the maritime and ship classification industries.According to KR, the new high-tech…
China's determination to tackle its choking pollution by cutting steel and coal capacity should be a long-term negative for exporters of iron ore and coal to the world's biggest commodity importer, but the reality is likely to be far more nuanced…
Dr. Toshiyuki Shigemi has been appointed as Executive Vice President as well as Executive Director of ClassNK, effective March 7, 2016. Yasushi Nakamura has stepped down as Senior Executive Vice President, and has been appointed as an Advisor to the Society…
INS Darshak, a Hydrographic Survey ship of Eastern Naval Command (ENC), India departed on a two-month long deployment for undertaking two Joint Hydrographic surveys along with the Sri Lankan Navy on 03 March 2017. The pioneer surveys…
Eleven container liner transportation companies have promised to cut or standardize the Terminal Handling Charges (THC) in order to lower nearly 3.5 billion yuan burden of export enterprises each year, according to National Development and Reform Commission (NDRC)…
At the assembly of North Adriatic Ports Association (NAPA) the port of Koper, Dragomir Matić, president of Luka Koper took the half-year presidency of the NAPA association. As emphasized at the meeting of representatives of the ports,…