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CD-adapco Opens New Office in Japan

Apr 21, 2015

CD-adapco, the largest privately held CFD-focused provider of Computer Aided Engineering software, has announced the opening of a third Japanese office location in Nagoya.Nagoya, a historical city and hometown of Shogun Tokugawa as well…

Gibbs & Cox Names Hans VP, Platform Solutions

Apr 21, 2015

Gibbs & Cox, Inc. announced the appointment of Matthew P. Hans as Vice President of the Platform Solutions Group.In this role, Hans will be responsible for profit and loss, financial management, and cost and schedule control for all Platform Solutions programs…

Cheaper Fuel to Boost Container Shipping

Apr 21, 2015

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.Container shipping companies deal with the volatility in fuel prices by adding a separate…

TMR Unit MarCom Integrates with MCP

Apr 21, 2015

Telenor Maritime Radio’s (TMR) business unit for the commercial maritime communications market, MarCom, integrates with Maritime Communications Partner (MCP).  The internal transfer in Telenor, effective from June 1, 2015, strengthens MCP with expert competence on maritime communications…

Shipping Industry Calls for Urgent Action in Migrant Crisis

Apr 21, 2015

Following the meeting of EU Foreign and Interior Ministers in Luxembourg yesterday (20 April) the European and global shipping industries have welcomed the increased attention that all EU Member States are giving to the humanitarian crisis in the Mediterranean…

Baker Hughes Reports Q1 Loss

Apr 21, 2015

Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items…

IRS on Talent Acquisition Spree

Apr 21, 2015

IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India. IRClass celebrates its 40th Anniversary this year. In keeping with the philosophy of acquiring the brightest talent…

‘Row around Singapore Island’ Takes off today

Apr 21, 2015

The epic endurance challenge that will see 32 volunteers rowing 140km non-stop around Singapore is starting in less than 24 hours. The project has raised a staggering $450,000 with more donations flooding in daily for global maritime charity The Mission to Seafarers…

U.S. Ports Account for 26% of Nation’s Economy

Apr 21, 2015

From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.6 trillion.  This accounted for 26 percent of the nation's $17…

Anthem of The Seas Christened in Southampton

Apr 21, 2015

Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K.,  in a spectacular ceremony. U.K. travel agent godmother  Emma Wilby named the 4,180-passenger ship with the words: 'I name this ship Anthem of the Seas. May God bless her and all who sail on her…

Titan, Svitzer Merger Creates Global Salvage Giant

Apr 21, 2015

Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader.  In this US in shipping’s latest consolidation move, Svitzer is joining…

U.S. Navy Warship Steams Toward Yemen

Apr 21, 2015

The United States Navy is prepared to intercept Iranian ships in Yemeni waters using the USS Theodore Roosevelt and other ships, reports the AP. According to this report, the Iranian ships are believed to be transporting weapons to the Houthi rebel group in Yemen…

Marshall Islands Urges Cap on Shipping Emissions

Apr 21, 2015

The Republic of the Marshall Islands (Marshall Islands) Monday issued an emailed press release calling for the International Maritime Organization (IMO) to set a new global target to reduce greenhouse gas emissions from the international shipping industry…

Pollet to Lead R&D at Coldharbour Marine

Apr 20, 2015

Coldharbour Marine Ltd. has appointed Professor Bruno Pollet to head its R&D department. Bruno Pollet moves to Linby, Nottinghamshire from the University of the Western Cape, Cape Town, South Africa where he was Professor of Energy Materials…

IMO Conference to Address Ferry Safety

Apr 20, 2015

Conference on the enhancement of safety of ships carrying passengers on non-international voyages, Manila, the Philippines, April 24, 2015 The International Maritime Organization (IMO) will hold an international conference on the enhancement…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

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