Marine fuel and lubricant trading firm Glander International Bunkering has internally promoted Bunker & Lubricant Traders in its Dubai office. In the Middle East and Indian subcontinent market, Abdur Rahman, who joined the Dubai office in 2013…
Rating agency Standard & Poor’s confirmed Hapag-Lloyd’s B+ rating and took the company off its CreditWatch with future negative implications. Hapag-Lloyd was upgraded to Outlook Negative. The merger with UASC has added debt to Hapag-Lloyd’s capital structure…
T-Mining is currently working on a pilot project that will make container handling in the port of Antwerp more efficient and secure. Using blockchain technology, processes that involve several parties – carriers, terminals, forwarders, hauliers…
ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable…
Cosco Shipping Energy Transportation has entered into insurance services framework agreement with Cosco Shipping Insurance pursuant to which the latter will provide vessel-related insurance services to the Group. Cosco Shipping Insurance is a wholly-owned subsidiary of Cosco Shipping…
Maersk Line, one of the world's largest container shipping companies, said on Wednesday its cargo booking system was back up and running after a global cyber attack crippled its IT networks a day earlier. 'Further to earlier communications…
Lloyd’s Register (LR) has donated £20,000 to Sailors’ Society’s Emergency Welfare Fund which provides financial relief to seafarers and their families in dire need. Every year, maritime charity Sailors’ Society is inundated with requests…
The Long Beach Board of Harbor Commissioners approved the selection of Stacey Lewis as Director of Human Resources Services to lead the division that administers employment for the Harbor Department. The appointment is effective July 1.Lewis…
Anticipating further growth in maritime cargo transport by rail, experts from the rail and port sector are going for digitalization and automation. The ‘First Rail Conference on Cargo Transport by Rail and Ports’ brought together numerous experts from the railway network…
Valletta Cruise Port has signed the UNWTO Private Sector Commitment to the Global Code of Ethics for Tourism. This Code is a frame of reference for responsible and sustainable tourism development as endorsed by the United Nations General Assembly in 2001…
This year the seven U.S. maritime academies graduated nearly 1,200 young men and women, many of whome will pursue maritime careers. “At a time when our nation faces unpredictable threats, the need for qualified mariners is of critical importance…
Delegates at the IMO’s Marine Environment Protection Committee 71, due to gather in London during the first week of July, may well have the last chance to ensure that the long-delayed Ballast Water Convention is implemented, as intended, in…
Shipping giant A.P. Moller-Maersk, which handles one in seven containers shipped worldwide, is not able to process new orders after being hit by a global cyber attack, it told Reuters on Wednesday. 'Right now, at this hour, we're not able to take new orders…
Swiss container line MSC (Mediterranean Shipping Company) is working with vessel-sharing partner Maersk to find ways to share data after a cyber attack on the Danish company, MSC said on Wednesday. MSC said it was prepared to divert ships away from affected Maersk terminals…
Indian Minister of Shipping Nitin Gadkari has said that Cruise Tourism is one of the fastest growing components of the leisure industry worldwide, and can be a major growth driver for the Indian economy by generating huge employment opportunities…
