Chinese companies reportedly have agreed to buy 4.83m tons of U.S. soybeans valued at about $2.8B, Reuters reported. At a ceremony hosted by the U.S. Soybean Export Council, officials from Chinese companies including COFCO, Sinograin, and Chinatex…
Import Volume for the Two Busiest Import Months of the Year Are 1.5% Higher Than 2012 Zepol Corporation, a leading trade intelligence company, reports that U.S. imports in August are the second highest month for TEU (twenty-foot container) volume in 2013…
Georges Azevedo has been appointed Chief Financial Officer (CFO) at Geodis Wilson and will join the Board of Management of Geodis Wilson, the Freight Forwarding Division of Geodis.Georges Azevedo, aged 43, graduated with a degree in Accounting…
Dubai Maritime City signed an MOU with Shell to explore the diverse business options related to promoting alternative sources of energy such as Liquefied Natural Gas (LNG).The primary focus would be on exploring opportunities that would enable…
- Senate bill designed level the playing field for American ports competing for cargo, boost investments in port infrastructure and maintenance- Legislation replaces the Harbor Maintenance TaxU.S. Senators Patty Murray and Maria…
Teledyne Marine has steadily built an armada of technologies and brands serving nearly every facet of the subsea sector through systematic acquisition, investment and organic growth. Recently MTR solicited the insights of a quartet of executives…
China National Offshore Oil Corporation (CNOOC) signed production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Block 05/31 in Bohai. Block 05/31 is located in the junction of Qikou Sag and Nanpu Sag of the West of Bohai…
The Ace Winch Academy has received accreditation for the delivery of its training programs from the internationally recognized training authority, City & Guilds.The accreditation is a major milestone for the Ace Winch Academy in achieving…
As the race to discover and recover the natural resource riches locked in the Arctic continues, Russia has reportedly ramped up the competition as, according to a Reuters report, that country is reopening a Soviet-era military base in the Arctic…
BMT Group opened of a new central London office to support its rapid growth.The new complex, close to St Katherine’s Dock and the City of London will house elements of subsidiary companies, BMT Hi-Q Sigma, BMT Surveys, and BMT WBM under one roof…
Eastern Shipbuilding Group, Inc. entered into an agreement with Spain's Sener Ingeniería y Sistemas S.A. (Sener) for the license to use the Foran CAD/CAM System, developed by Sener, in their shipbuilding activities. With this, Eastern has taken…
Key initiatives and solutions to be shared at Sustainable Shipping Initiative’s milestone conference on 26th September in Singapore.The Sustainable Shipping Initiative (SSI), a coalition of shipping leaders from around the world, is about…
The Board of Directors of the International Chamber of Shipping (ICS) representing national shipowners’ associations from the Americas, Asia and Europe met in London last week. Issues discussed included: the development by the International…
Wilhelmsen Ships Service (WSS) has opened a new office in Western Australia to meet increased business opportunities as the port of Geraldton continues to grow. Michael Connolly, General Manager for Western Australia said, “As a business, we…
Containerized cargo volume at the Port of Long Beach surged 16 percent in August compared to the same month one year ago, with double-digit percentage gains in both imports and exports. Latest Middle Harbor project update shows significant progress…
