Latest News - page 469

 

First YM Efficiency Containers Retrieved

Apr 09, 2020

Work is underway to retrieve dozens of containers lost from a containership off the coast of Australia, with the first boxes raised to the surface this week. The first container was recovered from the seafloor on Monday using a hydraulic crane and rigging…

Kline Joins Martin & Ottaway

Apr 09, 2020

James “Jim” Kline, USCG (Ret)., has joined Martin, Ottaway, van Hemmen & Dolan, Inc. as an engineering and surveying consultant.Martin, Ottaway, van Hemmen & Dolan, Inc. is a New York area maritime consulting firm that has been in continuous operation since 1875…

OPEC+ Considers Oil Cuts Above 12 Mln BPD

Apr 09, 2020

OPEC, Russia and other allied producers, a grouping known as OPEC+, are considering cutting their oil output by more than 12 million barrels per day (bpd) and want other producers to contribute cuts of 5 million bpd, an OPEC+ source said on Thursday.(Reporting by OPEC team; Editing by Edmund Blair)

Adm. James Steele Gracey, 17th USCG Commandant, Passes Away

Apr 09, 2020

Admiral James Steele Gracey, USCG (retired), 17th Commandant of the Coast Guard, passed away on Sunday, April 5, 2020, in Falls Church, Va., at the age of 92.Born in Newton, Mass. in 1927, Adm. Gracey graduated from the United States Coast Guard Academy in 1949…

Detention Rates Decline for Cyprus-flagged Vessels

Apr 09, 2020

The Cyprus Shipping Deputy Ministry (SDM) has announced that based on the outcome of the US Government’s 2019 Annual Report on Port State Control, Cyprus is no longer part of the Targeted Flag List of the United States Coastguard (USCG) in relation to the safety performance of flag administrations…

CJC Appoints Two New Directors

Apr 09, 2020

Campbell Johnson Clark (CJC) has appointed two new Directors, following the promotion of London-based Senior Associates Duncan Ealand and James Clayton with effect from May 1, 2020. Both bring considerable insight to their new roles and exemplify…

Norstar Hires Grünitz as Managing Director

Apr 09, 2020

Singapore-based manager Norstar Ship Management (NSM) has appointed Lars Grünitz as its new Managing Director, replacing Christopher Kirton.Grünitz was most recently Head of Vessel Management and Process improvement for Berge Bulk and was previously Managing Director for Thome Ship Management…

​​​​March Cargo Imports Tumble at Top US Seaports

Apr 09, 2020

March imports dropped 26% at the Port of Los Angeles and 5% at the adjacent Port of Long Beach - the busiest U.S. sea trade gateways - as the novel coronavirus wrecked havoc on commerce around the globe.Imports at major U.S. retail container…

Sinopec Building LNG Storage Tanks at Tianjin Terminal

Apr 09, 2020

China's energy giant Sinopec has started building storage tanks in the second phase of its Tianjin terminal project to receive liquefied natural gas (LNG), the company said in a statement.The plan for the second phase is to have five LNG tanks…

Valmet to Supply Automation for Expedition Cruise Pair

Apr 08, 2020

Valmet will supply automation and information systems for two luxury expedition vessels being built by Helsinki Shipyard Oy in Finland for Russia’s largest river cruise company Vodohod Ltd.The 113-meter-long and 20.2-meter-wide vessels will…

Los Angeles Cargo Volumes Down 30.9%

Apr 08, 2020

America's busiest cargo port moved 49,568 20-foot equivalent units (TEU) in March, down 30.9% from last year due to the COVID-19 pandemic, the Port of Los Angeles said on Wednesday. It was the lowest amount of monthly cargo moving through the Port of Los Angeles since February 2009…

Stena Line To Close Trelleborg-Sassnitz Route

Apr 08, 2020

Stena Line will permanently suspend operations on its ferry route between Trelleborg, Sweden and Sassnitz, Germany due to the coronavirus pandemic, the European operator announced on Wednesday.The cancellation comes after Stena Line announced…

Coronavirus Disrupts Supply of Ships and Demand -BIMCO

Apr 08, 2020

The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out, demand growth prospects for the year across all segments. The outbreak has also affected fleet development, says shipping association BIMCO…

ABB Boosts Remote Support for Ships Amid COVID-19

Apr 08, 2020

Responding to global COVID-19 travel restrictions, many firms are offering increased remote assistance to vessels where on-site visits are not an option.Technology company ABB said Wednesday it has increased the remote availability of technical…

COVID-19: Your LMS Can Help You Now More Than Ever

Apr 08, 2020

It is clear that we are living in unprecedented times. Equally clear is that we will get through this pandemic, but that it is going to take some strength, stamina and especially some innovation to come through as unscathed as possible. It is…

Logistics News

Ukraine Strikes Russian Port in Astrakhan

Ukraine Strikes Russian Port in Astrakhan

Panama Canal to Launch Tender for Two New Ports

Panama Canal to Launch Tender for Two New Ports

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

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