Latest News - page 1392

 

NYK Employees Assist at Farm for Disabled

May 25, 2016

On April 23, NYK Group staff members and their families volunteered to assist with farming activities at Tera Farm, an ancillary institution of Hinode Taiyo-no- ie, which has a facility in Hinode-cho, Nishitama-gun, Tokyo that provides intellectual stimulation to those with mental disabilities…

China Okays CMA CGM's Acquisition of NOL

May 25, 2016

CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03), has…

Euroseas Faces Headwinds, Reports Loss

May 25, 2016

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period ended March 31…

Iranian Port Deal: Modi's Masterstroke

May 25, 2016

Indian Prime Minister Narendra Modi signed a deal to develop the Chabahar port in Iran for which India will extend $500 million. The historic pact makes Chabahar the first foreign port which India is involved in developing to such a large extent…

Outdated Systems Placing Vessels at Risk of Cyber-Attack

May 25, 2016

Maritime vessels are under significant threat of cyber-attack because many are carrying outdated software and were not designed with cyber security in mind, according to new research. But operators could easily mitigate against such dangers by updating security systems…

G7 Meeting to Tackle Sea Row in Asia Pacific

May 25, 2016

Group of Seven (G7) leaders will call for respect for the rule of law and peaceful resolution to conflicts in a joint statement to be issued Friday at the end of their two-day summit, taking a swipe against China's territorial ambitions in the South China Sea…

STX Sells Lorient Shipyard

May 25, 2016

The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium.  The shipyard, which has produced civil and naval vessels, will be purchased by Kership, a joint venture between French industrial shipbuilder Piriou and naval manufacturer DCNS…

Primeline Turns Against CNOOC

May 25, 2016

Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC Group) giving formal notice of its intention to commence arbitration proceedings…

Olympic Pact with Canyon Offshore

May 25, 2016

Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems. Under…

Port of Long Beach Approves Project Labor Agreement

May 24, 2016

Port of Long Beach Board of Harbor Commissioners have approved a plan Monday to expand the port’s use of locally hired, disadvantaged and veteran workers for more than $700 million in construction projects. Under the new Project Labor Agreement…

Seafarers’ House Honors Guy Harvey

May 24, 2016

More than 300 guests came out on Saturday, May 21, to honor artist, conservationist and entrepreneur Guy Harvey as this year’s recipient of the Seafarers’ House International Golden Compass Award. The award is given each year to those who have achieved distinction in the maritime world…

Maritime Consolidation: Palfinger Aims to Acquire Harding

May 24, 2016

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group…

Kent, Johnson Join Pettit Sales Team

May 24, 2016

Marine coatings manufacturer Pettit Marine Paint has added two new regional representatives: Mike Kent, new technical sales representative for the territory of Texas, Louisiana and the Caribbean Islands, and Travis Johnson, part-time representative of Pettit products in southwest Florida…

Norbulk Shipping: 25 Years of Recruiting Seafarers

May 24, 2016

Norbulk Shipping is celebrating 25 years of training and recruiting seafarers from its management offices in Riga, Latvia. The crewing and training center run by Hanza Marine Management, a partner company to Norbulk Shipping, supplies 4…

Glosten Promotes Lamkin to Senior Marine Consultant

May 24, 2016

Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Bradley G. Lamkin, PE to Senior Marine Consultant. As a Senior Marine Consultant and member of the Principals’ Group, Lamkin will continue to lead Glosten’s marine construction efforts…

Logistics News

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

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