Latest News - page 1806

 

Suez Canal Offers Rebates for Dry Bulk Carriers

Dec 23, 2014

In continuation of her role in offering services to the world trade and encouraging mutual trade between Americas and the Caribbean, on one hand and the Indian subcontinent and Asian countries east of India, on the other hand and in the frame of her marketing policy…

Nakilat to Build 11 Tugs for New Doha Port

Dec 23, 2014

Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port.HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti…

Rolling Gates Installation at Panama Canal

Dec 23, 2014

In another major milestone for the Panama Canal Expansion Program, the electromechanical installation phase, one of the most important of the project, has begun with the installation of the first steel rolling gate at the Atlantic side. “This year…

GasLog Ltd. to Buy 2 LNG Vessels

Dec 23, 2014

GasLog Ltd. has entered into an agreement with Methane Services Ltd. an affiliate of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million. The two vessels, Methane Becki Anne and Methane Julia Louise…

Freight-Passenger Ferry for Steamship Authority

Dec 23, 2014

Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska, today announced that the new freight and passenger ferry it designed for the Woods Hole…

Tesla Offshore Executives Assume New Roles

Dec 22, 2014

Randall Bergeron and C.D. Schempf Jr. assume new roles with Tesla Offshore LLCTesla Offshore LLC, an offshore survey service provider, has announced the retirement of Randall P. Bergeron as President and CEO of the company effective December 15…

Denmark Arrests Former OW Bunker Manager

Dec 22, 2014

Denmark has arrested a former manager of collapsed ship fuel supplier OW Bunker and intends to hand him to Italy, where he is suspected of fraud, the Danish public prosecutor said on Thursday. A statement from the prosecutor's office did not disclose any details…

Sekimizu Welcomes Shipper’s Revised Stance on Ballast Water

Dec 22, 2014

IMO Secretary-General Koji Sekimizu has welcomed the reconsideration by the International Chamber of Shipping (ICS) of its position towards the ratification by Governments of the International Convention for the Control and Management of Ships’ Ballast Water and Sediments…

Nicaragua Building China-led Canal to Rival Panama

Dec 22, 2014

Nicaragua on Monday broke ground on its Chinese-led $50 billion shipping canal, a massive infrastructure project that aims to rival Panama's waterway and revitalize the economy of the second-poorest country in the Americas. Nicaragua's government says the proposed 172-mile (278-km) canal…

Northrop Grumman Appoints Kim

Dec 22, 2014

Northrop Grumman Corporation has appointed Brian Kim as chief executive for South Korea, effective Feb. 2, 2015. In this new position, he will be responsible for coordinating the corporation's relationship with South Korea, supporting current programs and developing strategies for growth…

Royal Caribbean to Install Scrubbers on 19 Ships

Dec 22, 2014

Royal Caribbean Cruises Ltd. (RCL) will retrofit 19 of its ships with advanced emissions purification (AEP) systems. These systems, also known as scrubbers, will remove more than 97% of the sulfur dioxide emissions generated by the ships' diesel engines…

US Fleet to Pump $75m into Great Lakes Shipyards

Dec 22, 2014

U.S.-flag Great Lakes vessel operators plan to spend $75 million this winter to ready the fleet for the 2015 shipping season, the Lake Carriers’ Association (LCA) reported. One vessel is already in drydock undergoing the out-of-water hull inspection required by U…

Navios Holdings Announces Senior Leadership Changes

Dec 22, 2014

Navios Maritime Holdings Inc. has announced several senior leadership changes effective as of January 1, 2015.Shunji Sasada has been promoted to President of Navios Corporation and appointed as a member of the board of Navios Holdings. Sasada…

Young Endeavour Sets Sail on World Voyage

Dec 22, 2014

The Royal Australian Navy operated Sail Training Ship Young Endeavour set sail from Sydney today for a 12-month voyage, circumnavigating the globe.Parliamentary Secretary to the Minister for Defence, Darren Chester, attended the departure from Fleet Base East…

Ship Recycling Experts Gather in Tokyo

Dec 22, 2014

Top ship recycling experts from around the globe gathered in Tokyo on December 10 at the ClassNK Ship Recycling Seminar to discuss the latest updates to the EU Ship Recycling Regulation (EU Regulation), the classification society announced. Members from Japan’s Ministry of Land…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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