German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with cut costs and seek economies of scale to cope with the worst downturn the industry has ever seen.Net profit at the Hamburg-based firm came to 8…
Global Maritime Consultancy & Engineering has strengthened its Ports & Shipping team with the appointment of Imraan Bux as Principal Port Engineer, based in London. Bux comes to Global Maritime with over 20 years’ experience in all aspects of maritime project engineering…
Clarkson PLC announced that Marie-Louise Clayton will join the Board as a Non-Executive Director with effect from 1 January 2017. She will take over as Chair of the Audit Committee following the Annual General Meeting in May 2017 when James Morley…
The new SCA Terminal was officially inaugurated during a reception on November 11 at the Port of Kiel’s Ostuferhafen. The Swedish concerns SCA (Svenska Cellulosa Aktiebolaget) and Iggesund Paperboard AB (Holmen Group) will use the new forest…
Descartes Systems Group, provider of software solutions for logistics-intensive businesses, has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business (B2B) supply chain integration solutions. “We continue to…
Québec Associate Secretary General of Maritime Affairs Georges Farrah will examine the Canadian Province's $9 billion maritime strategy as well as its partnership with Indiana during a special presentation at the Indiana Logistics Summit taking place Nov…
Liebherr Maritime Cranes recently delivered a new mobile harbor crane, type LHM 550, to the Port of Helsingborg. In addition, Container Terminal St. Petersburg got two machines of the same type. All three machines are equipped with electric prime movers…
The shipping industry faces a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to independent research and consultancy firm Maritime Strategies International (MSI).Addressing the Hansa Forum in Hamburg…
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea…
Terex Corporation today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions…
The latest Container Shipping Forecaster from Maritime Strategies International highlights the contrasting fortunes of liner operators and tonnage providers. The entire container shipping industry remains under significant pressure. Whilst…
Peter Modev, Senior Loss Prevention Executive at UK P&I Club, and the Club’s local correspondent (Pandiman Philippines) provide an update on the risks in transporting nickel ore from the Philippines.Nickel ore cargo originates principally in the Southern region of the Philippines…
The board of commissioners for the Port of Greater Baton Rouge recently elected officers for 2017. Officers elected include Bobby Watts, East Baton Rouge Parish, President; Brenda Hurst, West Baton Rouge Parish, vice president; Angela Machen…
North P&I Club is continuing its drive to highlight the range of cyber threats facing shipowners through active support of the new international ‘Be Cyber Aware At Sea’ campaign. The campaign is a global maritime and offshore industry initiative…
One of the world’s most modern shipping terminals has been opened for business in the Port of Liverpool, offering a new state-of-the-art deep water gateway in the U.K. for the world’s largest containerships. Liverpool2 was officially opened Friday…