Global commodity trader Cargill Inc on Wednesday said it turned in a quarterly net profit, boosted by special gains that offset poor results from trading and oilseed processing. Revenue for the privately held company declined for the eighth straight quarter…
For the third consecutive year, Matson, Inc. (NYSE: MATX) subsidiary Matson Navigation Company, a leading U.S. carrier in the Pacific, has been rated by shipping customers as the top ocean carrier in the world.The Number One ranking was…
Mammoet Wind, the turnkey solution provider for the wind energy industry, has successfully transported the world’s longest wind turbine blade from LM Wind Power’s pilot plant in Lunderskov to the Blaest Test Center in Aalborg. Being the longest blade in the world…
UK P&I Club Risk Assessor David Nichol discusses the process of identifying and marking snap-back zones and highlights the precautions that should be taken on board ships. “In recent years it became common practice to mark snap-back zones on ships’ decks in the vicinity of mooring machinery…
INTTRA, the world's ocean shipping electronic marketplace, has announced a 17 percent increase in container volume for the first half of 2016 over the same period in 2015 as the number of container orders on its core transaction platform grew to record levels…
SAAM, provider of port services, logistics and towage in the Americas, said it has obtained earnings for $14.4 million in the April-June quarter of 2016, accumulating in the first semester a net income of $29 million, 26 percent higher than in the same period of the previous year…
Whenever a Hapag-Lloyd vessel reaches a port, a certain number of containers are usually loaded or discharged before the ship continues along its voyage to the next port. But how do you stow these containers on the ship in the safest and most efficient way possible…
Frequentis was selected to modernize the Ports of Jersey’s control center systems through a fully integrated solution and supported by a 10-year maintenance contract. With the factory acceptance test in February, the first steps for the company’s first vessel traffic service (VTS) deployment in U…
The Port of Houston Authority and Port Corpus Christi, in conjunction with the American Association of Port Authorities (AAPA), will hold separate freight industry “Influencers Roundtables” on Aug. 17 (at the Port of Houston Authority) and Aug…
Singapore Exchange Ltd (SGX) is readying a formal offer to buy London's Baltic Exchange following months of discussions that culminated in exclusive talks between both parties, sources familiar with the matter said on Tuesday. Founded in 1744…
CMA CGM is revamping it MGE service becoming the MED AMERICAS, stand-alone CMA CGM service with dedicated fleet of 11 vessels of 2,500 TEU, in a continuous effort to improve service coverage, frequency and reliability. Starting with m/v POMERENIA SKY voy…
Maersk Training, part of the Denmark based A.P. Moller-Maersk, is betting on the Indian training centre, reports the Hindu. India is one of the 10 Centre’s that is making profits. 'While other Maersk training centres are facing issues due to downturn in maritime and oil and gas sectors…
International accountant and shipping adviser Moore Stephens says the shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational damage. Corporate governance in shipping has been in sharp focus recently…
APL, part of the CMA CGM Group, has announced the launch of the Felixstowe Express Service (FEX), a new weekly service that connects the key ports of China, Europe and Felixstowe – United Kingdom’s (UK) biggest and busiest container port. APL…
Announcing the expansion of its wire rope hoists line, Columbus McKinnon Corporation, a designer, manufacturer and marketer of material handling products, systems and services, has introduced the Yale LodeKing LT ultra‐low headroom top‐running wire rope hoist…
