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WFW Advises Italian Shipowners on Partnership with Gigilinis

Dec 04, 2017

International law firm Watson Farley & Williams (WFW) advised three leading Italian shipowners -Rimorchiatori Mediterranei, Gesmar and Fratelli Neri – on their partnership agreement with Thessaloniki-based Greek maritime operator Gigilinis Shipping Group…

NORDEN Opens Vancouver Office

Dec 04, 2017

NORDEN has opened a new office in Vancouver, Canada, as the Danish ship owner seeks to expand its global reach and local presence on the North American West Coast. “The new and increased presence on the West Coast will strengthen NORDEN’s…

Jamaica Elected to Council C Category of IMO Council

Dec 04, 2017

Jamaica has reestablished its position at the heart of international maritime rule-making following its election to the International Maritime Organization's (IMO) Council. The nation was elected as a Category C Council member on December 1…

Diana Containerships TC with Wan Hai Lines

Dec 01, 2017

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) for one of its Post-Panamax container vessels, the m/v Hamburg.  The global shipping…

PanOcean Signs USD 1.8bln Deal with Brazil's Vale, Orders Six VLOCs

Nov 30, 2017

South Korean shipper Pan Ocean has won a 1.98 trillion won ($1.82 billion) contract to transport iron ore over a period of 27 years for Brazilian mining giant Vale, Reuters reported. The South Korea company said in a regulatory filing that…

Cosco, PSA Launch New Berth in Singapore

Nov 30, 2017

China's Cosco Shipping Ports (CSP) is launching a new berth at its joint venture container terminal - Cosco PSA Terminal (CPT) - with PSA Corporation in Singapore. The two parties inked a memorandum of understanding on Thursday for the berth…

CMA CGM Merges Multimodal Subsidiaries

Nov 30, 2017

The CMA CGM Group announced it will merge its subsidiaries MacAndrews and OPDR effective January 1, 2018.,  in line with the Group’s strategy to develop its intra-regional activities Headquarters will be located in Hamburg. The union between…

Cosco Overtakes Maersk as Top Box Shipper

Nov 29, 2017

The Chinese container shipping company Cosco exceeded Maersk Line as the shipping company handling the most containers in the third quarter, Reuters reported quoting data from shipping consultancy Alphaliner.However, this is mainly because the Maersk group was hit by a hacker attack…

Kalmar Rolls Out New Range of Equipments

Nov 29, 2017

Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Asia-Pacific (APAC) region a value-based choice of the high quality, reliable equipment that Kalmar is known for.  Based on Kalmar's proven G-generation platform…

Noble Group Sells Four Vessels to Cut Debt

Nov 28, 2017

Hong Kong-based struggling commodity trader Noble Group will sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running, reports Reuters. According to company statement, net proceeds from the disposal…

CMA CGM Upgrades Oceania PAD Service

Nov 27, 2017

The CMA CGM Group has confirmed that its PAD service will become weekly, starting January 4, 2018. The service will link Northern Europe, the East Coast of the United States, Central America, the Pacific Islands, Australia and New Zealand…

Handysize LPG Vessels to be Worst Performers in 2018

Nov 27, 2017

Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in 2018 while Handysize vessels will be the worst, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry…

Interview: Brandy Christian - President & CEO, Port of New Orleans

Nov 27, 2017

Brandy D. Christian serves as the President and CEO of the Port of New Orleans, a public agency that manages more than $60 million in revenues, nearly 300 employees and $200 million in capital projects. Christian is one of 11 female port directors…

Trelleborg Partners with CCCC Third Harbor Consultants

Nov 27, 2017

Trelleborg’s marine systems operation has signed a memorandum of understanding (MoU) with Third Harbor Consultants Company (THCC), one of China’s largest survey and design institutions in transportation and port engineering, and subsidiary of…

FMC's Doyle to Exit Commission in January, 2018

Nov 27, 2017

Today, the Office of Commissioner William P. Doyle of the U.S. Federal Maritime Commission issued the following:   “Last week, I notified The President of the United States Donald J. Trump of my intention to leave the Federal Maritime Commission effective January 3…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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