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Latest News - page 1704

 

Strike Likely at Panama Canal's 3rd Set of locks Project

Aug 10, 2015

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

Russia Claims Ownership of the Arctic and North Pole

Aug 10, 2015

Russia, led by President Vladimir Putin, has re-submitted its petition to the United Nations claiming exclusive control over 1.2 million square kms (463,000 square miles) of the Arctic sea shelf, based this time on what its foreign ministry calls “ample scientific data”…

Will COSCO-CSCL Marriage Happen Soon?

Aug 10, 2015

The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news! The beleaguered state behemoths struggling in a protracted industry slump  - China Ocean Shipping Group  (Cosco) and…

China to Dig the Nicaragua Canal With a Change in Layout

Aug 10, 2015

The $50 billion project of Hong Kong development company HKND to build an artificial waterway across Nicaragua to go ahead with some modification of the route of the canal to avoid affecting ecological zones and farming communities opposed to the project…

Brisbane Port Picket over Sacked Workers Continues

Aug 10, 2015

A picket of Hutchison ports in Sydney and Brisbane has entered fourth day after the Maritime Workers Union vowed to continue defying a Fair Work order to cease industrial action.  The picketers say that the power to the site has been cut in a bid to move them off…

Panama Canal to Limit Cargo on Bigger Ships amid El Nino Drought

Aug 10, 2015

The Panama Canal Authority said that next month it will temporarily limit the amount of cargo for larger ships using the waterway because drought has lowered water levels in Gatun and Alhajuela lakes, reports AP. Earlier there were reports…

UASC Places Order of 3500 Reefer Containers

Aug 10, 2015

United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has ordered another 3,500 reefer containers, after ordering 2,000 units from Japan’s Daikin Industries in January, says a report in JOC. The…

Moroccan to Acquire Submarine from Moscow

Aug 10, 2015

Moroccan  King Mohammed VI’s upcoming visit to Moscow by the end of 2015 is expected to conclude negotiations to obtain the country’s first submarine from Russia, says a report in World Tribune. Multiple Moroccan and Russian media reports said negotiations about the price tag of the Amur 1650…

Iran-Japan Joint LNG Production

Aug 10, 2015

Iran's oil minister invited the  Japanese delegation to partner in many areas especially Liquid Natural Gas (LNG) output, reports MNA. The delegation of high-level Japanese trade official and executives of major industries, headed by Japan's State Minister of Economy…

Alberta Investigating Bird Deaths at Oil Sands Site

Aug 09, 2015

Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province.The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site…

USCG Commissions National Security Cutter in Boston

Aug 09, 2015

The Coast Guard commissioned its newest National Security Cutter, the 418-foot Coast Guard Cutter James, Saturday during a ceremony at Coast Guard Base Boston.'Joshua James began his life-saving career at 15 and saved more than 600 lives…

Kobelt Acquires Accu-Steer

Aug 09, 2015

Manufacturer of quality hydraulic steering actuators will join Kobelt to expand marine system offerings.Kobelt announced today the acquisition of Accu-Steer Inc., a US-based manufacturer of quality Hydraulic Steering Actuators.Founded by Bill Pulse and Paul Barber in 1993…

APM Terminals Acquires Reefer Terminal S.p.A.

Aug 08, 2015

APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed today.  Terms and price were not disclosed. Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600…

SCCT All Set for Suez Traffic Growth

Aug 08, 2015

The Suez Canal Container Terminal, located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and Europe, is preparing for an even larger role in global trade as the expansion of the man…

USS Ashland to the Rescue of Typhoon Soudelor Victims

Aug 08, 2015

Through the coordination of the Federal Emergency Management Agency, the amphibious dock landing ship USS Ashland (LSD 48) will depart Guam and arrive in Saipan Aug. 8 to provide relief in the aftermath of Typhoon Soudelor, which devastated the island Aug…

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

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