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Shreyas Shipping, Profit Down, Acquires Vessel

Feb 15, 2016

Shreyas Shipping & Logistics Ltd reported weak set of earnings in its third quarter earnings on Friday. Net profit fell a staggering 88 percent to Rs 2.77 crore year-on-year (YoY) and EBITDA margins dipped 17.4 percentage points to 6.4 percent (YoY)…

Tikka to Lead ABS Global Marine Activities

Feb 15, 2016

ABS reports that it has centralized its global Marine strategic planning, client development, and product and service offerings to deliver enhanced classification services and joint technical projects.  Effective Feb. 15, 2016, Dr. Kirsi Tikka…

Holland America Line Appoints Durante VP, HR

Feb 15, 2016

Holland America Line has appointed Margaret Durante to the position of vice president, human resources. In this newly created role she will lead the company’s human resources department in enhancing the employee experience. She also will have…

APM Terminals Mumbai Switches to Paperless transactions

Feb 15, 2016

APM Terminals Mumbai became the first Indian container terminal to go paperless by providing shipping lines electronically with the required Export Form 13 for export containers entering the terminal by truck. Building upon the success of the Export e-Form 13…

Berlin film "Fire at Sea" shows Horror of Refugee Crossings

Feb 14, 2016

* Movie highlights tragedy of migrant crisis* Filmed mainly on Italian island of Lampedusa* Interleaves lives of islanders with refugees* Film competing for top prize at Berlin festivalBy Michael RoddyBERLIN, Feb 13 (Reuters)…

BRP Wins Industry Award for Rotax Innovation

Feb 14, 2016

BRP’s Rotax Intelligent Shift and Throttle (iST) system was recognized by the National Marine Manufacturers Association (NMMA) with an Innovation Award in the Jet Boat category at the 2016 Miami International Boat Show.The game-changing…

Ri'chard Joins Holland America Line as Director

Feb 14, 2016

Holland America Line has appointed Denella Ri’chard to the position of director, trade communication and engagement. In this newly created role she is responsible for supporting travel agent partners worldwide, with particular focus on the United States and Canada…

DARPA All Set To Launch Submarine Hunting Drone

Feb 13, 2016

The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months. The ship is entirely autonomous, fully operational without an onboard crew…

Submarine Tourism in Turkey's Waters

Feb 13, 2016

The first tourist submarine in Turkey is waiting to be sent on a voyage that will reveal the wonders of the undersea world of the Mediterranea. The first submarine tours are planned in April and no doubt they will be interesting and unforgettable for tourists and locals…

Cautious Optimism on Pacific NorthWest LNG Report

Feb 13, 2016

Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change, but the export terminal could be built and operated without causing major ecological damage…

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Feb 13, 2016

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean…

UPS Oposes CP-NS Merger

Feb 13, 2016

UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp. (NS). UPS' thumbs-down has dealt a severe blow to CP's $28 billion bid to acquire U…

DP World Bolsters Investment in India

Feb 13, 2016

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations. The company is seeking to invest in expansion of brownfield terminals…

All-Women Crew Indian Navy Ship Enters Chennai Port

Feb 13, 2016

The Indian Navy said on Saturday that its sailing vessel Mhadei, having an all-women crew of naval officers, has entered the Chennai Port.  The vessel which had left Visakhapatnam on February 9, was scheduled to make stops at Chennai and Kochi ports enroute before reaching her home port at Goa…

Andy Lawrence Joins T&T Salvage

Feb 12, 2016

Andy Lawrence has signed on to bring his background and experience to T&T Salvage’s global response team, where he will have the opportunity to apply his know-how and grow professionally, the company announced.Lawrence graduated with a Bachelor of Science in Mechanical Engineering from the U…

Logistics News

MISC Reports First Quarter Increase in Revenue

MISC Reports First Quarter Increase in Revenue

MacGregor Sees Strong Year Despite Order Dip in First Quarter

MacGregor Sees Strong Year Despite Order Dip in First Quarter

Jumbo Orders Two New Heavy Lift Vessels

Jumbo Orders Two New Heavy Lift Vessels

CMA CGM NOTRE DAME, World’s Largest LNG-Powered Containership, Begins Maiden Voyage

CMA CGM NOTRE DAME, World’s Largest LNG-Powered Containership, Begins Maiden Voyage

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