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WWL, Baltimore Port Ink 30-Year Deal

Jan 19, 2016

Administration to serve the Port of Baltimore for another 30 years to 2045. The contract is expected to generate 2,500 jobs over the next three decades.Baltimore is the leading auto and RoRo port in North America, and WWL ranks as its top RoRo customer…

Tourists rescued from blazing boat off NZ

Jan 19, 2016

A passenger ferry, Pee Jay V,  carrying 60 people caught fire off the coast of New Zealand on Monday, officials say, but all those on board were rescued safely. The incident began at about 3:45 p.m. local time on Monday when a call came…

Chevron Mulls LNG Supplies to China

Jan 19, 2016

Energy giant Chevron has signed a preliminary agreement with China's ENN LNG Trading company to supply liquefied natural gas (LNG) from its $54 billion Gorgon LNG project in Western Australia. Chevron plans to supply a unit of ENN Energy Holdings Ltd…

Daewoo's World's First Icebreaking LNG Carrier for Russia Launched

Jan 19, 2016

Daewoo Shipbuilding and Marine Engineering (DSME) launched on Friday the world’s first icebreaking liquefied natural gas (LNG) carrier at its Okpo shipyard in Geoje, South Gyeongsang. It was the first ship to be launched for Russia’s Yamal…

Green Signal for Iranian Tankers in European Ports

Jan 19, 2016

The Mehr News Agency reports that the British Lloyd's Register Group has canceled one sanction against Iran’s oil industry by issuing certificates for commute of Iranian oil tankers to the ports and oil terminals of European Union. The…

Scenic to Build World's First Discovery Yacht

Jan 19, 2016

Scenic has announced the launch of the world’s First Discovery Yacht, the Scenic Eclipse. The new ship will embark on its maiden voyage August 31, 2018, sailing from Istanbul to Venice, followed by discovery voyages to the Americas, Antarctica…

Mercator Exists Dry Bulk, Divests Fleet

Jan 19, 2016

As a part of an ongoing portfolio restructuring exercise following booking of losses for three years in a row, Mercator Limited has decided to exit dry bulk business carried on by its arm Mercator Lines(Singapore) Ltd(MLS). Mercator has 11 bulkers in its fleet…

Chinese Shipyards Sails in Rough Seas

Jan 19, 2016

Shipbuilders in China will continue facing rough weather. According to a report in Bloomberg, new orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in order as the country’s appetite…

Lloyd's Register to Resume Iran Business

Jan 18, 2016

Lloyd's Register (LR) is working on resuming services to verify safety and environmental standards for Iranian shipping companies, the ship classification society said on Monday.Without verification from such bodies, ships are unable to call at international ports or secure insurance…

SeeByte Founder Awarded CBE

Jan 18, 2016

SeeByte founding member, Professor David Lane, has been appointed Commander of the Order of the British Empire (CBE) for services to Engineering in the 2016 New Year’s Honors list. Lane is Professor of Autonomous Systems Engineering at Heriot…

New Head of Asia Desk at SAL Heavy Lift

Jan 18, 2016

SAL has announced Jürgen Kuntz as its new Head of Asia Desk in Hamburg. Originally setting up the SAL office in Shanghai, Kuntz will continue to strengthen the Asia related business with his 15 year long experience from China, the company said…

Shippers Urged to Use Transitional Measures for Ship Recycling

Jan 18, 2016

Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for Recycling’ launched by a coalition of international shipping industry organizations.The purpose of the new ‘Transitional…

EU Project Reinforces Supply Chain Security Objectives

Jan 18, 2016

Key partners from the four year European Research Project, CORE (Consistently Optimized REsilient Secure Global Supply-Chains), part funded by the EU under the Seventh Framework program, took the opportunity to engage with stakeholders at the…

Shipowners Advised on Managing the Cost of US Healthcare

Jan 18, 2016

When a crew member, passenger or other maritime worker onboard a ship falls ill or is injured, the cost of treatment is difficult to predict. The quality of care in the United States is generally regarded as high, yet the cost of treatment is inconsistent from hospital to hospital…

ClassNK: New Software System for Container Carriers

Jan 18, 2016

(PRESS RELEASE) ClassNK released its new structural design support system PrimeShip-HULL for Container Carriers to correspond with its latest rule amendments. To promote container carrier safety, ClassNK released amendments to its Rules and…

Logistics News

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

Red Sea Bypass Contributed to Containers Lost in 2024

Red Sea Bypass Contributed to Containers Lost in 2024

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