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Rock Seven: MVS Telecom Appointed Russian Distributor

Aug 23, 2016

The UK-based Iridium satellite tracking and communication specialist Rock Seven has appointed MVS Telecom as its Russian distributor. MVS Telecom will launch Rock Seven’s RockSTAR and RockFLEET products through its nationwide dealer network…

Connected Ships, Smart Data, Cybersecurity to Feature in SHIPPINGInsight

Aug 23, 2016

Ship connectivity, smart data and cybersecurity will be central themes on the agenda at the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition. The annual maritime technology forum and trade show will take place at the Stamford Marriott Hotel & Spa in Stamford…

SEACAT Enhances Maritime Security Between Navies in SE Asia

Aug 23, 2016

The 15th annual Southeast Asia Cooperation and Training (SEACAT) exercise commenced at the Republic of Singapore Navy's Multinational Operations and Exercises Centre (MOEC) Aug 22.SEACAT focuses on regional cooperation to address shared maritime security challenges like smuggling…

Pressure Mounting on VLGCs Rates - Drewry

Aug 23, 2016

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.   Two major factors have lowered VLGC rates in…

Spellman Joins INTTRA as CTO

Aug 23, 2016

INTTRA announced that Peter Spellman has joined the company as a Senior Vice President and Chief Technology Officer. He brings 25 years of experience as a software executive with a strong track record of conceiving, designing, developing and deploying innovative products…

Investors to Acquire $1.5 bln Shipping Portfolio from NORD/LB

Aug 23, 2016

NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing…

MSRC CEO to Retire in April 2017

Aug 22, 2016

The Marine Spill Response Corporation (MSRC), the nation’s leading oil spill response organization, has announced that Steven T. Benz, the company’s President and CEO, will be retiring on April 30, 2017. Tim Plummer, Chair of the MSRC Board of Directors…

Two New RTG Cranes for Ben Nghe Port

Aug 22, 2016

In July a deal was signed for two Konecranes BOXHUNTER RTGs that will be delivered to Ben Nghe Port in Vietnam. The Port studied the BOXHUNTER concept thoroughly and was impressed by its new operating approach. The cranes will be delivered in June 2017…

Largest Solar Panel System Launched at Port of Rotterdam

Aug 22, 2016

Global logistics company Samskip has completed a major environmental protection project through subsidiary frigoCare, installing the largest solar panel system in the port of Rotterdam as part of its Sustainability Strategy. The initiative…

27% of Ship Incidents Stem from Misdeclared Cargo

Aug 22, 2016

UK P&I Club Risk Assessor David Nichol discusses the carriage of dangerous goods and issues associated with misdeclaration.  Data captured by the Cargo Incident Notification System (CINS) over the 2013- 2014 period indicates that 27 percent…

Fire on Caribbean Fantasy Extinguished

Aug 22, 2016

The Puerto Rico Fire Department extinguished the fire on the passenger vessel ferry Caribbean Fantasy using 3,000 gallons of seawater from the San Juan Harbor around 6 p.m. Saturday.The Unified Command is establishing mechanical ventilation to circulate air through the vessel…

Harbor Cruise Boat Rescued near Gloucester Harbor

Aug 21, 2016

The Coast Guard and partner agencies responded to a 37-foot Cape Ann Harbor Cruise vessel taking on water, in the vicinity of Brace Cove, outside of Gloucester Harbor, Saturday.At 4:34 p.m. Saturday, watchstanders from Coast Guard Sector…

Pathy Assumes Leadership of Fednav

Aug 21, 2016

Fednav Limited announced that effective September 10, Paul Pathy will assume responsibility as the sole Chief Executive Officer of Fednav Limited and of Fednav International Ltd (FIL).Since 2010, Paul and Mark Pathy have successfully led Fednav Limited as co-CEOs…

DP World Rating Upgraded by Fitch

Aug 21, 2016

Fitch Ratings recently upgraded DP World Limited’s  Long-Term Issuer Default Rating (IDR) to BBB from BBB- and its Short-Term IDR to F2 from F3. The rating outlook is stable. The upgrade follows on the Fitch announcement in November 2015…

USCG Assists Disabled Fishing Vessel near Honolulu

Aug 20, 2016

The Coast Guard safely towed a disabled 46-foot commercial fishing vessel with three persons aboard back to the Port of Honolulu, Friday.A 45-foot Response Boat-Medium crew from Coast Guard Station Honolulu relieved the USCGC Kittiwake (WPB…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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Royal Mail faces UK probe after missing delivery targets
Panama-flagged ships must notify authorities of any ship-to-ship transfer
Documents show that Niger intends to reduce Chinese oil workers