The CKYHE Alliance is reorganizing its service network for Asia-Europe and Asia-Mediterranean trades as the carriers try to counter the weak demand and excess capacity that is plaguing the route and dragging down freight rates. Members of the CKYHE alliance…
Dubai-based DP World Group chairman and CEO Sultan Ahmed bin Sulayem has held discussions with senior Philippines officials on trade and business opportunities. DP World is present in the Philippines through its stake in Asian Terminals Inc…
DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation Sultan Ahmed bin Sulayem has met the Deputy Prime Minister of Thailand, Somkid Jatusripitak, who is responsible for seven ministries including Finance and Investments…
Reuters reports that China’s Ministry of Transport has blacklisted 31 North Korean vessels in accordance with the UN Security Council resolution. China has barred a North Korean freighter from one of its ports. The country will start inspecting…
Lower oil prices performed wonders for the tanker market in 2015, says Drewry Maritime Research. Tonnage demand surged and oil trade expanded because of high consumption demand and increased stocking activity. Tonnage supply was also…
The dry bulk operator Paragon Shipping has reached an agreement with its creditors to liquidate its remaining fleet in order to settle one of its debt obligations. The company agrees to sell its six mortgaged vessels to unaffiliated third…
Trelleborg has, through its business area Trelleborg Industrial Solutions, signed an agreement and finalized the acquisition of Loggers Rubbertechniek B.V., a Netherlands-based privately owned engineering company that provides specially engineered antivibration solutions…
Crude oil tanker company Euronav has invested to become a four-year sponsor of Sailors’ Society’s Wellness at Sea program. Wellness at Sea, which was launched in 2015, is a coaching and support program devised by the international maritime…
With the cut of a ribbon and ring of a bell, San Jacinto College marked the grand opening of the new Maritime Technology and Training Center on the Maritime Campus on March 8, 2016.The Center is located next to a turning basin along the Port of Houston at 3700 Old Highway 146 in La Porte…
The HOYER Group, a leading bulk logistics providers, has appointed GAC as its official agency partner in 17 countries in the Middle East, Indian Subcontinent and Africa. A traditional independent family business since 1946, HOYER is one…
Lindsay Blee’s new U.S. office in Florida will serve North, Central and South America Independent international bunker broker Lindsay Blee announced that it is expanding its brokering operations into the Americas with a new operation called…
The Commonwealth of Australia (CoA), Department of Defence has contracted Kongsberg Maritime to develop and deliver a new K-Sim Engine simulator model to the Royal Australian Navy’s HMAS Cerberus training facility located south of Melbourne…
MacGregor has carried out optimised cargo system upgrades for two 14,000 TEU container vessels owned and operated by China Shipping Container Lines (CSCL). The vessels have re-entered service following the upgrades, which have been designed to increase their actual payload capacity…
The National Privatization Fund (TAIPED) sources said that Greece's Court of Audit has approved the sale of a 67 percent in the Piraeus Port Authority (OLP) to Chinese Cosco, according to Kathimerini. Greek national news agency AMNA also reported…
Geneva-based Mediterranean Shipping Co SA has expanded the port rotation of its India-South Africa service by introducing a direct call at Hazira, a privately-operated cargo complex on India’s west coast, in an attempt to pick up additional hinterland cargo…
