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Fincantieri Educating UAE Students

Aug 12, 2015

The value of the initiative also recognized by the UAE government Trieste, 12 August 2015 - As part of a program of international cooperation with the United Arab Emirates, Fincantieri has done in recent weeks in Genoa, at the headquarters of CETENA - Center for the Study of Marine engineering…

MOL Membership of FTSE4Good Index Continues

Aug 12, 2015

Mitsui O.S.K. Lines, Ltd. today announced that the company continues to meet the inclusion criteria and remains a valued member of the FTSE4Good Index Series: the world's major Environmental Social and Governance (ESG)/Responsible Investment (RI) index (MOL have been selected since 2003)…

Strike Call Lifted on Panama Canal Expansion Work

Aug 12, 2015

The Panama Canal Authority (ACP) expressed its satisfaction after the main contractor for the Third Set of Locks Project, Grupo Unidos por el Canal (GUPC), and the National Union of Workers of Construction and Similar Industries (SUNTRACS)…

Shell Readies to Drill in Arctic, Seeks Modified Permit

Aug 12, 2015

Shell has informed the U.S. Bureau of Safety and Environmental Enforcement (BSEE) that it is set to restart its controversial hunt for Arctic oil, three years after the company’s last ill-fated venture north, reports The Guardian. “Fennica…

APMT Purchases Italian Reefer Terminal Vado Ligure

Aug 12, 2015

APM Terminals (APMT) has purchased Vado Ligure Reefer Terminal in North-Western Italy, near Genoa, from the GF Group. Reefer Terminal has been the largest refrigerated terminal in the Mediterranean for more than 30 years, handles 600,000 pallets a year as well as 275…

Special Economic Zone Around New Suez Canal

Aug 12, 2015

Egyptian President Abdel Fattah el-Sisi issued a decree establishing an economic zone for Egypt’s Suez Canal, reports Reuters. The decree establishes a 460-square-kilometer economic zone around the canal the government says will be used…

Forth Ports Invests in Grangemouth Refrigeration Containers

Aug 12, 2015

As part of the move to boost for importers and exporters of fresh produce using Scotland’s largest container terminal , the port of Grangemouth is to receive investment from its owners, Forth Ports Ltd to increase its capacity for refrigerated containers…

Avondale Shipyard for Sale

Aug 12, 2015

Local media quote Huntington Ingalls Industries (HII)  as announcing this week the Avondale Shipyard, just upriver from New Orleans, is being sold. The historic, 206-acre facility is on the market after a tumultuous last five years that have included layoffs and threats to close the shipyard…

Daewoo Shipyard to Sell Assets

Aug 12, 2015

South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives, as it reels from massive losses, reports Yonhap. The shipyard…

GAIL Tenders for LNG Cargoes

Aug 12, 2015

GAIL (India) Limited has launched two tenders for up to 17 cargoes of liquefied natural gas (LNG) for delivery in western India reports Reuters quoting trade sources. The company is seeking five cargoes for deliveries in October to December…

Singapore Transport Minister Resigns

Aug 12, 2015

Singapore’s transport minister Lui Tuck Yew, a familiar face among the country’s shipping industry, will step down from politics. Lui, former chief executive of the Maritime and Port Authority (MPA), has shocked the Singapore maritime industry…

Seminar to Address Safety in the Arctic

Aug 11, 2015

North American Marine Environment Protection Association (NAMEPA) is set to present “Safety in the Arctic”, a seminar addressing topics of preparedness, prevention and protection specific to the Arctic waters. The event will take place at the Hotel Captain Cook on August 13…

MSC Ship Rescues 11 Mariners from Sinking Vessel

Aug 11, 2015

Ship-owning and managing company Crowley informs that a Military Sealift Command (MSC) vessel under its management has rescued 11 fishermen from a sinking vessel in the South China Sea. While transiting toward Subic Bay, Philippines, on July 19…

USMMA Welcomes Class of 2019

Aug 11, 2015

On Saturday, August 8, The U.S. Merchant Marine Academy (USMMA) at Kings Point welcomed 243 “plebe candidates” of the Class of 2019 into the Regiment of Midshipmen as they took USMMA’s Corps of Cadets Oath administrated by Rear Admiral James A…

Workers Strike in Panama Canal Locks Project

Aug 11, 2015

The Panama Canal Authority (ACP) issued a press release stating it has learned of a National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC), the main contractor for the Canal's third set of locks project…

Logistics News

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

François Michel Appointed Chief Executive Officer of the GTT Group

François Michel Appointed Chief Executive Officer of the GTT Group

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

Abu Dhabi Ports Signs MoU to Develop, Operate Kuwait Container Terminal

LNG Bunker Vessel Christened

LNG Bunker Vessel Christened

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