Latest News - page 1139

 

Odfjell Orders Two Chemical Tankers

Feb 27, 2017

Odfjell SE has announced the signing of long term charter agreements for two chemical tankers with stainless steel cargo tanks, for construction in Japan. The agreement includes two vessels of 35,500 dw tonnes and 28 stainless steel cargo tanks…

GPA, VPA File East Coast Gateway Terminal Agreement

Feb 27, 2017

The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. 24, 2017, with the Federal Maritime Commission (FMC) to create the “East Coast Gateway Terminal Agreement.”The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies…

UK P&I Club Appoints EMEA Regional Director

Feb 27, 2017

The UK P&I Club continues to strengthen its presence in Europe, Middle East and Africa Region, with the announcement that Susanne Murphy has been appointed EMEA Regional Director.  Murphy joined Thomas Miller in 1995 following a Master’s degree in Marine Law…

Milaha Profit Down for 2016

Feb 26, 2017

Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has reported a net profit of $195 million for the year ended December 31, 2016 compared to $300 million reported the previous year. The fall in the profit…

Hyundai Heavy Union on Path to Strike

Feb 25, 2017

The labor unions of Hyundai Heavy Industries (HHI) downed tools in their first full strike since 1994, in protest to a sweeping restructuring plan that includes spinoff all non-shipbuilding operations as well as shutdown of a dock in Gunsan in southern coastal region…

Senate's Green Signal to Caribbean Maritime University

Feb 25, 2017

The Caribbean Maritime Institute (CMI) will now gain university status, following the passage of legislation in both Houses of Parliament to effect this. Not a single senator opposed the bill to make way for the Caribbean Maritime Institute Act…

MOL to Invest in Seajacks International

Feb 24, 2017

Mitsui O.S.K. Lines is investing in self-elevating platform vessel operator Seajacks International Limited (Seajacks) to move into offshore business following FPSO, FSRU, Shuttle Tanker, and Subsea Support Vessel. MOL has announced a plan to acquire a 5% share in Seajacks…

ClarkSea Index: Shipping Markets Under Severe Pressure

Feb 24, 2017

With the ClarkSea Index around $9,000/day, and many if not most of the major shipping markets under severe pressure, it’s hard to escape the conclusion that the shipping markets are a tough place right now, with limited pickings to share between owners…

TRAC Intermodal Debuts New Chassis Pool

Feb 24, 2017

TRAC Intermodal has introduced TRAC Select, a premium chassis pool fleeted with a wide array of specialty chassis and services to meet specific customer and marketplace needs. TRAC Select is designed to provide equipment choice to motor carriers…

Brexit Prompts Ship Insurers to Mull New Outposts

Feb 24, 2017

U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say.Britain…

VT Halter Marine Names Socha Senior VP

Feb 24, 2017

U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017. In his role…

Georgia Ports Set Tonnage, Container Records

Feb 24, 2017

The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage. 'The Port of Savannah is unrivaled in its connectivity into the heartland of the U…

Fire Breaks Out Aboard US Car Carrier

Feb 24, 2017

A fire has broken out out aboard the U.S. car carrier Honor in the English Channel while the vessel was en route to Baltimore from Southampton on February 24. “The 21 crew are still on board the vessel and they are safe and well,” said Andy Jenkins…

Shore Power Exhibit at Port of LA

Feb 24, 2017

Global engineering group Cavotec, the Port of Los Angeles (POLA) and the historic Battleship Iowa museum unveiled a public Alternative Maritime Power (AMP) educational exhibit during a January 23 reception commemorating Battleship USS IOWA’s new shore-side power connection…

New Interferry CEO to Make Funding Call at European Shipping Week

Feb 24, 2017

Mike Corrigan, the incoming CEO of global trade association Interferry, is to advocate greater European Union involvement and investment in the ferry sector during an address on the opening day of European Shipping Week, which takes place in Brussels from February 27-March 3…

Logistics News

Ukraine Strikes Russian Port in Astrakhan

Ukraine Strikes Russian Port in Astrakhan

Panama Canal to Launch Tender for Two New Ports

Panama Canal to Launch Tender for Two New Ports

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

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