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Stirling Group Altor Open Doors for O&G Skills Week

Nov 25, 2014

An Aberdeen HSE and risk management firm opened its doors to give people a glimpse of how varied a career in oil and gas can be.Stirling Group Altor took part in the first ever National Oil and Gas Skills Week which welcomed 4,000 people to more than 50 events at venues across the UK…

Migrant Rescue Draws Budget Concerns in the Mediterranean

Nov 25, 2014

Seafarers’ Rights International (SRI) has raised concerns about the implications for masters of the recent reports of the launch of the new EU Frontex operation Triton which will apparently have a reduced budget and focus on border control in…

Reach Bags Technip ROV Work

Nov 25, 2014

Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore.Eidesvik Offshore and Reach Subsea have in…

USCG & Ocean Safety Rescue Kayakers on Molokini Crater

Nov 25, 2014

The Coast Guard and Ocean Safety rescued two kayakers trapped on Molokini Crater Monday. Watchstanders at Sector Honolulu Command Center received notification at 3:20 p.m. from Maui Fire Department of two kayakers who were beset by weather and were forced onto the rocks on Molokini Crater…

Vacant Pier at Long Beach Port to Ease Congestion

Nov 25, 2014

The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will help to alleviate congestion at the docks.The Long Beach Board of Harbor…

Altus Logistics Installs Solar Panels System at its Warehouse

Nov 25, 2014

Altus Logistics, a subsidiary company of Swire Pacific Offshore (SPO), has successfully installed its first-ever solar panel system at its warehouse in Loyang, Singapore. This significant installation is designed to generate 152,517kWh…

Foster Wheeler Wins US Contract for HRSGs

Nov 25, 2014

Amec Foster Wheeler today announces that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by a prominent US power producer to design and supply two Heat Recovery Steam Generators (HRSGs) in the United States…

Hamburg Süd Headquarters Being Expanded

Nov 25, 2014

On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…

Overwhelming Support for ‘Hit the HMT Target!’

Nov 25, 2014

Today, the American Association of Port Authorities (AAPA) applauded a “Dear Colleague” letter to the leadership of the Senate Committee on Appropriations that was signed by 22 senators, urging appropriators to meet the dredging funding commitments…

Thickness of Antarctic Sea Ice Surpass Expectations

Nov 25, 2014

Antarctica's ice paradox has yet another puzzling layer. Not only is the amount of sea ice increasing each year, but an underwater robot now shows the ice is also much thicker than was previously thought, a new study reports.The discovery…

Navios Revenue Up 25% in 3Q 2014

Nov 25, 2014

Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014:Revenue25% increase to $152.6 million for Q3;10% increase to $420.2 million for nine monthsEBITDA5% increase to $42…

Thompson Joins Rand Logistics’ Board of Directors

Nov 24, 2014

Rand Logistics, Inc. announced that its board of directors has appointed Kirk Thompson as a Class II director. Thompson, the current chairman of the board of JB Hunt Transport Services Inc., brings the number of directors to six and is the first…

IBAC Executive Training Participants Visit Sanmar

Nov 24, 2014

IBAC, which provides training to participants on international business awareness and ethical principles in the context of international business, was held for the 15th time this year. This was the first time an IBAC course was held in Istanbul…

US Port Congestion Hides Deeper Issues

Nov 24, 2014

Ports on the U.S. West Coast are currently suffering from chronic congestion, but are there deeper issues affecting their performance? Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance…

Dutch Yards May Need to Rethink Contract Structures

Nov 24, 2014

Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain a vessel while awaiting payment for work done. As a result of this unexpected decision…

Logistics News

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

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Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls