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Asia’s Piracy Situation is Improving

Mar 11, 2016

The number and severity of reported incidents against ships in Asia declined significantly in February compared with both the previous month and previous year period, ReCAAP reported.A total of three incidents of armed robbery against ships were reported in Asia in February 2016…

World's Largest Cruise Ship, Harmony of the Seas, Tests French Waters

Mar 11, 2016

Harmony of the Seas, the world's largest luxury cruise ship took to the seas for the first time on Thursday afternoon as it slides into the waters of western France, in the port of Saint Nazaire. Thousands of people gathered at the dock to watch as the 120…

Japanese Submarine to Join Australia's Navy in Military Drill

Mar 11, 2016

Soryu-class JS Hakuryu and two warfare destroyers will work with Australian ships near Jervis Bay as part of bilateral exercises, reports AAP. The 4,000-ton Soryu-class stealth submarine JS Hakuryu, outfitted with a new lithium-ion battery propulsion system…

SembMarine Snaps up GraviFloat

Mar 11, 2016

Singapore’s Sembcorp Marine (Sembmarine) has increased its stake in Norway-based Gravifloat AS to 56%, which it intends to fully acquire eventually. In a statement on Wednesday, SembMarine says it acquired a 44% stake in Gravifloat for US$38 million ($52…

Chinese Shippers Order for 30 Valemax Vessels

Mar 11, 2016

The Chinese shipping companies - Chinese shipping majors Cosco Group, China Merchants Group and ICBC Financial Leasing Co- ordered 30 Valemaxes worth a combined $2.5 billion for delivery starting from 2018, deployed on Brazil-China trade routes…

Container Blood Bath: Freight Rates Hit New Lows

Mar 11, 2016

The World Container Index’s composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the US, reached a record low of US$701 per 40-foot container on March 10, says Drewry Shipping Consultants…

China's Shipping Route to Iran

Mar 11, 2016

Two state-run Chinese firms - China National Transportation Equipment & Engineering Co Ltd (CTC) and Dalian Shipbuilding Industry Co (DSI) -  are pushing for multi-billion dollar Intermodal transport deals with Iran, says a report in Reuters…

Unsolicited Bid by Davie Shipyard

Mar 11, 2016

Quebec-based Chantier Davie Canada Inc. presented a bid, potentially worth up to a billion dollars, to the federal government last month offering a Polar Class 3 icebreaker, three smaller River-class icebreakers and two multi-purpose research…

Cooking up Credible Cruise Credentials

Mar 10, 2016

Norway-based cruise operator Hurtigruten AS has developed its own unique formula for developing cruise talent. The practice is already paying handsome dividends. Cruise LeadershipFun, luxury, experiences — that’s what cruise operators sell…

USCG Names New NBSAC Members

Mar 10, 2016

U.S. Coast Guard announces National Boating Safety Advisory Council appointments The U.S. Coast Guard announced on Thursday the appointments of the chairman and seven members to serve on the 21-member National Boating Safety Advisory Council (NBSAC)…

Grava Named VP at Seafloor Systems

Mar 10, 2016

Seafloor Systems announced that Josh Grava, Sales Manager, North America, RESON Teledyne Marine, is joining John Tamplin, President, Seafloor Systems, Inc. in a newly created position, Vice President Sales. Josh will manage U.S. and International…

GAC Host Sport Relief Celebrities for Safety at Sea Training

Mar 10, 2016

Six celebrities swapping the comforts of the studio for five days at sea, as they attempt to sail around the UK on the BT Sport Relief Challenge: Hell on High Seas, have been prepared for the challenge at the National Maritime College of Ireland (NMCI)…

New Hires at Front Street Shipyard

Mar 10, 2016

Front Street Shipyard announced the hiring of two new personnel: Paul Lamoureux and Wendy Umla. Named Service Manager at Front Street Shipyard, Paul Lamoureux joins the yard from Morris Yachts where he worked as manager for the mechanical and electrical department on new boats in production…

Hapag-Lloyd Included in SDAX Index of Deutsche Börse

Mar 10, 2016

Hapag-Lloyd will become a member of the SDAX index of Deutsche Börse. This was announced by Deutsche Börse after a regular review of its indices. The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment…

Trelleborg Hosts Technical Seminar for Hong Kong

Mar 10, 2016

Trelleborg’s marine systems operation hosted a technical seminar for the Hong Kong Institute of Vocational Training Council’s Department of Construction on February 25 at the company’s factory in Singapore.Attended by lecturers from the…

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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