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Latest News - page 575

 

DP World Berbera Orders 8 RTG Cranes

Mar 25, 2020

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable…

St. Lawrence Seaway/Great Lakes Shipping Season Commences

Mar 25, 2020

The St. Lawrence Seaway’s 62nd navigation season kicked off on Tuesday with the transit of the Canadian-flagged cement carrier NACC Argonaut through Lock 8 on the Welland Canal.Then, in the early hours on Wednesday morning, first U.S.-flag commercial vessel transited the locks at Sault Ste…

Swire Adds Newbuild MV Changsha

Mar 25, 2020

As COVID-19 coverage dominates the world’s news cycle, it’s a pleasure to report on a new ship delivery, Swire Shipping’s first 2400TEU newbuild vessel, MV Changsha. The vessel was built at CSSC Huangpu Wenchong Shipbuilding Co. Ltd., in China…

Cargo Shipping to Keep EU Antitrust Exemption until 2024

Mar 25, 2020

Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a further four years until 2024 because this leads to lower prices and better consumer services, EU antitrust regulators said on Tuesday.First adopted in 2009 and extended for five years in 2014…

Diana Shipping CEO Tests Positive for COVID-19

Mar 25, 2020

Simeon Palios, chairman and CEO of Greek shipowner Diana Shipping, has tested postitive for COVID-19, and the company's board has appointed his daughter, deputy CEO Semiramis Paliou, as acting CEO on a temporary basis.As of March 24, Diana's fleet consists of 41 dry bulk vessels (four Newcastlemax…

Ransomware: The IT Danger on the Horizon

Mar 24, 2020

Two decades into the 21st century, we’re seeing a growing and pernicious threat to global information security: ransomware. Even non-technical folk have loosely heard of it, but the broader implications haven’t yet penetrated the public consciousness…

Reduced Appetite Expected for DP World’s $9bn Loan

Mar 24, 2020

Appetite for UAE global port operator DP World's $9bn loan financing is expected to weaken due to market turmoil caused by the coronavirus, bankers said.The loan was fully underwritten by Citigroup and Deutsche Bank, and went out to a wider…

E-Navigation is the Future of Shipping

Mar 24, 2020

Trading worldwide without electronic tools is no longer an option, young navigators and crew are switched on to digital technology and they want to have this new technology at their fingertips rather than the messy, slow and labour and paper-intensive methods of the past…

Shipping Industry Urges G20 to Keep Freight Flowing

Mar 24, 2020

Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…

VIKING Offering E-learning Amid Coronavirus

Mar 24, 2020

VIKING Safety Academy has addressed a fast-emerging seafarer training issue brought by coronavirus by delivering a unique e-learning tool that can keep seafarers STCW-compliant until restrictions on movement and social interactions come to an end…

d’Amico to Trial Remote Ship Inspections

Mar 24, 2020

Shipowner d’Amico will trial remote inspection ship technology as the marine industry adjusts to the constraints placed on people’s movements imposed by national governments to limit the spread of COVID-19.Italian classification society RINA…

Kuosa Named CEO of NAPA

Mar 24, 2020

Maritime software, services and data analysis provider NAPA announced the appointment of Mikko Kuosa as Chief Executive Officer. Kuosa assumes the position from Ilmo Kuutti, who served as CEO of NAPA Group for three years. Kuutti continues as an Advisor and a member of the NAPA Board of Directors…

Danica Boss Says Safer for Crews to Stay on Board

Mar 24, 2020

A crew specialist has urged ship operators to exercise caution when making crew changeovers while the coronavirus outbreak continues to rampage across the globe.Responding to industry calls for seafarers to be given special travel dispensation…

Intermodal Supply Chains Strain Under the Weight of Coronovirus Lockdowns

Mar 24, 2020

LONDON/MADRID/LOS ANGELES, March 23 - Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas…

Port of Savannah up 17% in February

Mar 23, 2020

The Port of Savannah achieved its busiest February ever last month, handling 364,405 twenty-foot equivalent container units, an increase of 17% over the same month last year, the Georgia Ports Authority said. Griff Lynch, executive director of the Georgia Ports Authority…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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