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MOL Announces Launch of New Asia-USEC Service

May 10, 2012

MOL announced a new service to transport cargo from major Asian ports to key destinations on the U.S. East coast, via the Suez Canal. The service is a direct result of MOL’s ongoing efforts to develop products with competitive transit times and industry-leading on-time performance…

TNPA Appoints Govan

May 10, 2012

State-owned freight and logistics group Transnet’s Market Demand Strategy (MDS), that forms part of the R300 billion capital investment programme over seven years was announced in March this year. This strategy will have a massive impact on…

UK P&I Club: Strong underwriting Result

May 10, 2012

The UK P&I Club (the Club), one of the oldest shipping protection and indemnity insurance mutuals, announces its results for the year ended February 20, 2012. Highlights•       Combined ratio 97% for 2012 financial year•       Surplus…

Repair Yards Challenged to Reduce Owners’ Investment Costs

May 10, 2012

International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous oxides. In order to fulfill these demands, many of which come from the UN’s International Maritime Organization (IMO)…

Port, Government Officials Visit Bayonne Dry Dock

May 10, 2012

Bayonne Dry Dock and Repair Corporation President Michael Cranston held a press conference on Tuesday, May 8, 2012, on the top side of Bayonne Dry Dock, to highlight the economic and environmental punch of the dry docking business on the Port…

World's Largest Tugboat Race at Seattle Maritime Festival

May 10, 2012

The largest tugboat race in the world, the 27th Annual U.S. Oil & Refining Seattle Tugboat Race Championships, runs from noon to 3 p.m on Saturday May 12th 2012.  More than 30 boats will participate in the races, which start at the Grain Terminal…

Aveva Launches New Software

May 10, 2012

On May 10, 2012 AVEVA (LSE:AVV) announced the release of an exciting new software product family for the marine and EPC market, AVEVA Enterprise Resource Management. Comprising the products AVEVA Material, AVEVA Planning and AVEVA Production…

Hapag-Lloyd: Revenue, Volume Up in Q1

May 10, 2012

Despite the persistently challenging environment in the industry, Hapag-Lloyd increased its transport volume and revenue in the first quarter of 2012. The average freight rate was $1,484/TEU in Q1, down around 5% on the previous year’s figure of $ 1…

Ex-'Exxon Valdez' Refused Entry by India

May 10, 2012

In New Delhi the Supreme Court bans the old Exxon Valdez from entry & scrapping until decontaminatedThe ship, now known as the 'Oriental Nicety,' entered Indian waters last week and was headed for Gujarat, when the Supreme Court gave its order…

Trapped Brazillian Ship Leaking Oil in Antarctic

May 10, 2012

Antarctica oil spill: a wrecked Brazilian ship 'Endless Sea', leaks oil, trapped in iceA wrecked Brazilian ship is trapped in ice and spilling fuel in Antarctica, with no hopes of containing the damage until the long South Pole winter eases next October according to a Huffington Post news report…

Port of LA Pioneers 'Clean Ship' Eco Program

May 10, 2012

Port of Los Angeles pioneers international clean ship incentive program in North America & the Pacific RimThe Port of Los Angeles has become the first seaport in North America and the Pacific Rim to adopt an international clean air program…

Piracy & Passenger Safety High on IMO Committee Agenda

May 10, 2012

IMO issue a preview of its forthcoming Maritime Safety Committee (MSC) 90th session meetingIn summary IMO state:Piracy and armed robbery against ships off the coast of Somalia, in the Gulf of Aden and the wider Indian Ocean will be high…

HAL Taps Camarena For Fleet Training Post

May 09, 2012

Lance Camarena joined Holland America Line and Seabourn as director, fleet training and performance management. He is responsible for the fleet training program of deck and engine staff, performance management and developing technology solutions that support fleet performance…

Eni Rebrands Chemicals Division as Versalis

May 09, 2012

The new face of Eni’s chemicals division is Versalis. Created following the rebranding of Polimeri Europa, it represents a tangible sign of the new strategy for Eni’s chemicals division and a renewal of the historical importance of the business within Eni…

Eni Rebrands Chemicals Division as Versalis

May 09, 2012

The new face of Eni’s chemicals division is Versalis. Created following the rebranding of Polimeri Europa, it represents a tangible sign of the new strategy for Eni’s chemicals division and a renewal of the historical importance of the business within Eni…

Logistics News

Federal Maritime Commission Publishes Update of its Official Case Law Reporter

Federal Maritime Commission Publishes Update of its Official Case Law Reporter

Los Angeles June Imports Rebound as Retailers Stock Up Ahead of Holiday Season

Los Angeles June Imports Rebound as Retailers Stock Up Ahead of Holiday Season

Port of Green Bay Shares June Tonnage

Port of Green Bay Shares June Tonnage

Russian Urals Freight Rates Fall, But Possible Sanctions Cause Uncertainty

Russian Urals Freight Rates Fall, But Possible Sanctions Cause Uncertainty

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Traders say that although the price of Russian Urals oil has fallen, new sanctions could change this.
Indonesia reduces search for 17 missing persons after Bali ferry tragedy
Air India CEO: Investigation into Ahmedabad crash raises questions