Container shipping giant Maersk on Wednesday agreed to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal, as it seeks to expand beyond its core ocean freight business.The deal is one of the group's largest takeovers to date…
Edouard Louis-Dreyfus, Louis Dreyfus Armateurs' chairman of the executive board, has decided, in agreement with the supervisory board chaired by Philippe Louis-Dreyfus, to adopt a new governance for the French shipping company effective January 1…
A veteran lawyer involved in every major Port of Oakland project over the last 13 years has been named Port Attorney. The port appointed Mary Richardson, effective December 31, 2021, to succeed Michele Heffes who’s retiring. This appointment was made during last Thursday's regular Board meeting…
The Emirates Classification Society (TASNEEF), an initiative of the UAE’s Ministry of Defense, announced it has been accepted as a member in the Association of Asian Classification Societies (ACS) following a detailed evaluation of its technical…
SeaTac Marine Services announced it has welcomed its first shipment of international lumber and wood products as a result of their recent U.S. Customs and Border Protection FIRMS code approval.Nearly 1,600 short ton of wood products were offloaded…
Egypt's Suez Canal will reduce rebates on canal tolls for liquefied natural gas carriers from Jan. 1 till June 30, the canal authority said in a circular published on its website on Tuesday.The rebates to LNG tankers operating between the American Gulf…
While much of the maritime world's tech chatter focuses on emissions and fuel choice, Dutch water company Hatenboer-Water developed the Plastic Free @Sea concept as a smart solution to reduce plastic waste on board ships at sea.Reducing plastic waste has become key in environmental protection…
Vopak Moda Houston, LLC announced that its marine terminal in the Port of Houston is fully operational. Formed in 2016, Vopak Moda Houston is a joint venture between Royal Vopak and Moda Midstream. Located in Houston’s refining and petrochemical corridor and in close proximity to multiple ammonia…
Watson Farley & Williams (WFW) announced that, following the election of George Paleokrassas as the firm’s senior partner, partner Alexia Hatzimichalis will be taking over as Athens office head.Hatzimichalis, who joined the firm in 2001 and made partner in 2014…
ClassNK will make electronic certificates and reports issued for ships as standard service from January 30, 2022.ClassNK has been providing an environment in which documents can be used in electronic data upon request since the early 2000s for…
Egypt has closed eight ports owing to bad weather, officials said on Monday.The ports of Port Tawfiq, El-Zayteyat and Sharm El Sheikh were shut early Monday morning, the Red Sea Ports Authority said.The ports of Adabiya, Ain Sokhna, Port Said West…
Sub-continent ship recycling markets (including Turkey) remained in a precarious position this week, with the recent decline in steel plate prices mixed in with the crushing depreciation of currencies that has led to a serious dearth in the global demand for tonnage…
Key stakeholders behind the efforts to launch innovative container-on-vessel (COV) service to the Midwest on Firday announced that Hawtex Development Corporation is signing on as the lead developer for a new COV port facility in Jefferson County…
Aaron Pritchard has been hired as Chief of Staff for the Port of Seattle Commission, the port’s five-member elected body. Pritchard brings over two decades of government experience to the position, including a prior role as interim commission chief of staff…
A week-long strike by dockers in Ivory Coast's two main ports of Abidjan and San Pedro could hurt cocoa bean exports from the world's top cocoa producing nation after workers blocked access to the ports on Friday.The two ports were at a standstill…
