Project, breakbulk and heavylift cargo transporter Intermarine, LLC said its president and CEO, Al Stanley, has stepped down to pursue other opportunities. Stanley was succeeded by Andre Grikitis, who assumed the role of President & CEO of Intermarine…
Qatar Navigation (Milaha) reported an 85 percent fall in second-quarter net profit, reports Reuters. Second-quarter net profit stood at 30.8 million riyals ($8.5 million) in the three months ending June 30, versus 201.4 million riyals a year earlier…
The Helen Delich Bentley Port of Baltimore’s public marine terminals have for the first time surpassed one million tons of general cargo in one month, handling a total of 1,007,704 tons in May and leapfrogging past the previous record of 923…
A freight train on a CSX Corp line derailed in southern Pennsylvania on Wednesday, the company said, and local authorities said a freight car struck a garage which caught fire and they ordered the evacuation of nearby residents. No injuries were reported after the derailment in Hyndman…
The Port of New Orleans has launched a series of roundtable discussions to promote professional services opportunities to local and small architectural and engineering companies as part of a business outreach initiative. To date, two roundtables…
The Chairman of the Association of African Maritime Administrations (AAMA) Dr. Dakuku Peterside has stated that Maritime Administrations (MARADs) in Africa are set to tackle the twin issue of piracy, sea crime and illegal migration in the continent…
World trade is growing again which will give a big boost to middle distillates such as diesel used in the high-power engines that move almost all freight.World trade volumes grew by 5 percent in the three months to May compared with the same period a year earlier…
CEO: freight forwarding industry undergoing transformation; plays down threat from new entrants. Danish freight forwarder DSV will invest more to meet rising demand for services such as e-commerce and address competition from new players including Amazon…
Drewry expects that dry bulk shipping charter rates will continue to recover with firm demand and controlled fleet growth, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.Drewry…
In line with its strategy for the development of short lines in the Mediterranean and Black Sea, the CMA CGM Group has rolled out the Black Sea Med Express service, which connects the major countries around the Black Sea (Turkey, Romania and Ukraine) to Algeria and Morocco…
On August 1, 66 young men and women started their apprenticeship at Hapag-Lloyd. “Highly qualified and motivated employees are a decisive factor in a dynamic and extremely competitive sector like container shipping,” said Hapag-Lloyd CEO Rolf Habben Jansen as the new training period began…
Shipments reached nearly 5.7 million tons and grew by 19 percent at the Ports of Indiana during the first six months of 2017 compared to the same time period last year. The growth, led primarily by increased shipments of coal, ethanol, fertilizer…
Azerbaijan's oil shipments via Russia jumped to 818,664 tonnes in January-July this year from 559,065 tonnes in the same period last year, state oil company SOCAR said on Tuesday.The increase was partly because SOCAR shipped no oil via the…
Shulami Qalinge has been appointed Chief Executive (CE) of Transnet National Ports Authority (TNPA), becoming the first female CE of the organization. Qalinge succeeds Richard Vallihu who has been appointed Group Executive: Operational Readiness…
60 years of experience in the Puerto Rico trade corridor provides Crowley with the knowhow, means and staying power for the 60 that will surely follow. In March, the announcement that three new, ship-to-shore container cranes were scheduled…
