General Electric Co said on Monday it will move production of large, gas-powered engines to Canada from Waukesha, Wisconsin, along with 350 jobs, to access export financing no longer available in the United States. In its latest salvo aimed at persuading Congress to renew the U…
The Crowley-managed, Philadelphia Express – a 3,237 TEU containership – recently provided assistance to nine Cubans on a makeshift raft adrift near Key West, Fla. As the vessel was steaming from Houston, Texas to Savannah, Ga., crewmembers spotted…
Press releases - Singapore Shipping Association (SSA) commemorated its 30th Anniversary this evening at the Sands Grand Ballroom, Sands Expo and Convention Center, Marina Bay Sands, with a mass birthday celebration involving over 2100 guests cutting 210 birthday cakes simultaneously…
Rising from more than 25 years of civil war starts with education, equipping Angolans not just for their current jobs, but also for the rest of their careers and lives. Meet two Maersk colleagues who are taking part in the rise of their country…
Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky.Shell has spent about $7 billion…
NYK-TDG Maritime Academy (NTMA), which is located in the suburbs of Manila and jointly run by NYK and the Transnational Diversified Group (TDG),* proudly graduated the 107 students comprising the academy’s Class of 2015 on September 21. NYK president Tadaaki Naito and TDG chairman J…
Ron L. Phillips has been appointed Senior Vice President of Human Resources – Office of People and Potential for Carnival Cruise Line. In this capacity, Phillips will oversee shoreside and shipboard human resources for the world’s largest cruise line…
The International Association of Classification Societies (IACS) has marked World Maritime Day by expressing its support for the efforts of the International Maritime Organization to promote the vital contribution made to the industry by its most important asset: its people…
In the largest delegation to date, DP World has recently sent, its very own employees to live, experience and become part of Milan Expo 2015. DP World’s delegation represented the entire company, from leaders and directors to customs specialists and ground staff…
Mr Piet Besselink, Executive Board Member of international engineering and project management consultancy Royal HaskoningDHV, has decided to step down by the end of the year. This change was announced by the company’s Supervisory Board. Piet Besselink (56)…
Despite US President Barack Obama’s warning thatthe land reclamation work in the strategically important South China Sea would affect peaceful resolution of maritime disputes in the area, China might press on, reports SCMP. Obama said…
Major container shipping rates plummeted again this week, with declines on the trunk Shanghai-Europe routes falling at record amounts, says Shangahi Containerised Freight Index (SCFI). A eport in ASC says that the SCFI for Far East to North Europe dropped by a staggering 31%…
Union Minister of Shipping, Road Transport & Highways Shri Nitin Gadkari has said that the decline observed in the performance of Major Ports from 2008 to 2014 has reversed and they have shown improvement in their performance in 2015. Shri…
Sparking speculation that a recovery in commodities could be around the corner, the Baltic Dry Index, a measure of shipping costs for commodities, has risen 17.5 per cent since September 15, reports Business Standard. The indexis up 21 per cent at 943…
The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs to rise substantially from September levels, according to Charles R.Weber Weekly…
