The September/October 2017 edition of Maritime Logistics Professional is now available. This edition includes features on: The Port of New Orleans: Brandy D. Christian is at the helm steering investment and development at one of the…
The challenging freight market during the third quarter came despite some encouraging signs with active scrapping of vessels returning (nine VLCCs scrapped plus one removed from fleet for FPSO project; six Suezmax scrapped during the third quarter)…
Technology will prove the game changer for the shipping industry. The shipping industry faces many challenges. The growth in fleet volumes at a time of global economic slowdown has resulted in excess supply and falling demand, which has had a major impact on profitability…
The Port of Indiana-Burns Harbor will receive one of the nation's 10 FASTLANE small project grants for 2017, U.S. Secretary of Transportation Elaine L. Chao has confirmed. In August, Secretary Chao informed Congress the Department of Transportation was recommending approval of a $9…
Located in the Pacific Northwest in Washington State, The Northwest Seaport Alliance joining the deep draft ports of Seattle and Tacoma offers shorter U.S.-to-Asia transits, as well as a deep connection to Alaska. And, a lot more. In an…
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced the expansion and diversification of the Company's commercial activity with the launch of the new subsidiary Star Logistics Management S…
Bahri Data showcased its Big Data capabilities at the Maritime Innovation and Digitalization Day 2017, organized by Dubai Maritime City Authority (DMCA). Representing Bahri at the event which was recently held in Dubai, Anwar Siddiqui, President of Bahri Data…
Oslo-based shipping company MPC Container Ships has continued its fleet expansion with the addition of two more container vessels; to take delivery of the vessels next month. The expanding start-up company purchased a 2,564 TEU vessel, which will be named AS Petulia…
GoodBulk, an owner and operator of dry bulk vessels announced that it has entered into an agreement to acquire 7 to 13 Capesize dry bulk carriers from entities managed by CarVal Investors. Delivery of the vessels is expected to occur during the 4th Quarter of 2017 and the 1st Quarter of 2018…
Orient Overseas (International) Limited (OOIL) total volumes were 5.0% up for the third quarter of 2017 (ended 30th September 2017), from that of the same period last year. Total revenues increased by 26.5% to US Dollars 1,453.4 million…
Indian Minister of Shipping Nitin Gadkari today digitally flagged off a RoRo cum general cargo vessel M.V. IDM DOODLE carrying a consignment of 185 trucks from Chennai Port to Mongla port in Bangladesh. Shri Gadkari informed that these trucks…
Vessel operating costs are expected to rise in both 2017 and 2018, according to Moore Stephens' survey. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The…
Mitsui O.S.K. Lines (MOL) announced that MOL and Mitsui Engineering & Shipbuilding have been jointly developing practical use applications and commercialization of the 'next-generation ship management support system' and the current data collection and monitoring systems…
State-owned Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of liquefied natural gas (LNG) in five years, its head of business development said on Friday, helping India to gradually move to a gas-based economy. Prime…
Vessel operating costs are expected to rise in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years…
