The Alabama State Port Authority (ASPA) and APM Terminals boards of directors in separate actions have approved a $49.5 million expansion of the container facility at the Port of Mobile. The Port Authority and APM Terminals jointly will…
Dynagas LNG Partners has announced that a Partnership has entered into a new three year charter agreement with Statoil ASA (Statoil) for the employment of the Arctic Aurora, its 2013-built, 155,000 cubic meter, tri-fuel diesel engine, ice class liquefied natural gas (LNG) carrier…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Phaethon International Company AG…
Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore…
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2018…
Around 300 ships caught in jam that would stretch 40 miles; freight rates for biggest coal, ore carrier hit 3-yr high. More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a maritime traffic jam…
Kalmar, part of Cargotec, has won a tender to supply an automated straddle carrier system for EUROGATE as its Container Terminal Wilhelmshaven is entering the next phase. The order has been booked into Cargotec's 2017 fourth quarter order intake…
CJ Logistics Corp. (CJL), South Korea’s largest parcel delivery service company under food and entertainment conglomerate CJ Group, will merge with the group’s construction arm, Yonhap said. The merger ratio will be one CJL share for every 0…
South Korea's Hyundai Merchant Marine (HMM) has held a “2018 Sales Strategy Meeting” to prepare sales strategies for the next year. At the meeting being held on 18-22 December 2017, approximately 150 people attended including HMM President & CEO C…
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM…
The Port of Seattle Commission has appointed retired U.S. Coast Guard Rear Admiral Stephen P. Metruck as its new Executive Director, effective February 1, 2018.Metruck will succeed interim executive director Dave Soike, who took over following the resignation of port CEO Ted Fick in February 2017…
Global agricultural goods merchant Louis Dreyfus Company (LDC) has become a member of the Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry. LDC joins other SSI members who…
North American ports must adapt to changes in customer demand and future industry trajectory, said APM Terminals head of Hub Terminals, Jack Craig. “The customer landscape has changed and become much more competitive. We as an industry need to work together…
After its first year of cooperation, the members of THE Alliance announced the details for their enhanced product effective from April 2018. THE Alliance plans to deploy a fleet of more than 250 modern ships in the Asia /Europe, North…
A new tonnage record of 2,183,611 metric tons has been achieved over a 24-hour period at the Port of Port Hedland. The new record was set over an evening high tide last Thursday, December 14, and morning high tide on Friday, December 15…
