Latest News - page 1509

 

James Fisher Subsea Excavation Expands

Dec 11, 2015

Three key appointments have been made to the business development team at the world’s leading mass flow excavation (MFE) provider James Fisher Subsea Excavation. The company welcomed business development manager Jorge Anez and business development…

Norborg Steps in as Clipper Group CEO

Dec 11, 2015

Clipper Group has appointed Peter Norborg new Group CEO, succeeding current chief Frank G. Jensen, who will continue with the company as Chairman of the Board. Norborg will commence work in Clipper on April 1, 2016. Norborg, 49, comes from…

G6 Alliance to Maintain Service Structure through 2016

Dec 11, 2015

Container shippers of the G6 alliance intend to maintain current service structure and operate as aligned through 2016, following news of CMA-CGM’s potential takeover of Neptune Orient Lines (NOL) announced earlier this week.Singapore-based NOL…

Braemar Expands Ports and Harbors Team

Dec 11, 2015

Kevin Constable has joined Braemar SA as Marine Manager (Europe), Ports and Harbors, based in its London office. Constable will help to develop Braemar’s Ports and Harbor consultancy services on aspects such as vessel maneuvering, navigation and marine risk…

Finland's New Icebreaker Polaris Named in Helsinki

Dec 11, 2015

A naming ceremony was held today for Finland’s new-generation icebreaker, Polaris, built at Arctech Helsinki Shipyard. Presently under construction at Helsinki Shipyard, the vessel is designed especially for icebreaking operations in the…

Subsea Innovator Wins SUT Award

Dec 11, 2015

Thirty year old napkin sketch became a reality in 2015. The Society for Underwater Technology (SUT) has presented its President’s Award to Dr Kjell Olav Stinessen in recognition of his long term services to industry at the Society’s AGM and annual dinner in London…

MANSA Seeks Berthing at Mumbai Port

Dec 11, 2015

In order to reduce congestion and lower the transaction cost, Mumbai and Nhava Ship-Agents Association (MANSA) have sought berthing facilities at the Offshore Container Terminal for higher dimensional vessels carrying large parcels of pulses…

Korean Shipbuilders May Fail to Achieve Targets

Dec 11, 2015

South Korea's big three shipbuilders - Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. -  may miss this year's order targets as a global economic slump and lower oil prices sharply reduce shipbuilding demand…

Cosco, China Shipping Merger Gets Green Signal from Beijing

Dec 11, 2015

China State Council has given the go-ahead for country's two largest shipping conglomerates to merge, continuing a trend in the industry to trim down state-owned enterprises, reports Caixin Media. The China Ocean Shipping Co. (COSCO Group) and China Shipping Group Co…

CMA CGM Vice-Chairman on NOL Takeover

Dec 11, 2015

CMA CGM vice-chairman Rodolphe Saade said that his company was the first ones to initiate the discussions with NOL and Temasek and it made sense to them, that is why they carried on with the discussions, according to a report in The Straits Times…

Global Ship Lease Announces Sale of Remaining 4,113 TEU Vessel

Dec 11, 2015

Global Ship Lease, Inc has  completed the sale of its 1997-built, 4,113 TEU containership, Ville d'Orion, following redelivery from its previous charter.  The vessel was sold for $328.25 per ldt, for estimated net proceeds of $4.5 million…

Russian-Indian Indra Drills On

Dec 11, 2015

India and Russia has began their bilateral naval exercise, Indra Navy, which is aimed at increasing interoperability between the two Navies and developing common understanding of procedures for maritime security operations. Indra Navy is…

Idling Container Fleet Continues to Surge

Dec 11, 2015

Carriers are intensifying their capacity-withdrawal activity, with November seeing a big rise in the number of idle containerships, says Drewry Maritime Research. The size of the idle fleet swelled by 52% from October to November to reach 900…

Excluding Shipping Emissions from COP Deal Makes 2°C Limit Close to Impossible

Dec 11, 2015

The dropping of international aviation and shipping emissions from the draft Paris climate agreement published this afternoon has fatally undermined the prospects of keeping global warming below 2°C, green NGOs Seas At Risk and Transport & Environment (T&E) have said…

Ambitious Countries Must Push for Shipping in Climate Deal

Dec 11, 2015

Countries calling for an ambitious agreement at the Paris climate summit must insist that language on aviation and shipping emissions be reinserted or the prospects of keeping global warming below 2°C, let alone 1.5°C, will be fatally undermined…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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