Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a floating storage and regasification unit (FSRU) project in Montevideo, Uruguay…
As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner.GAC will draw on the local contacts and expertise of its network of global…
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has agreed with the Royal Bank of Scotland plc (RBS) to amend certain financial covenants and terms to an existing term loan facility with an outstanding balance of US $73…
Maersk Drilling, a unit of Danish conglomerate A.P. Moller-Maersk, will cut up to 140 jobs in Norway due to lack of work for two rigs, the drilling company said.The jack-up rigs Maersk Gallant and Maersk Inspirer are expected to have finished…
Wallenius Wilhelmsen Logistics’ (WWL) has added MV Themis, fourth Neo-Panamax class vessel, to its fleet. 50% of the company’s newbuilding order now complete. Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long…
The computer you’re using to read this, the food you eat, the shoes on your feet — most of these things were produced in one or more different countries and transported to you using a shipping container, says Maersk Line. Billions of people…
The Mawingu Express, Maersk Line's direct service from India to Kenya, offers the fastest transit times in the market and better port coverage to bring business closer to East Africa. 'Through our global connections coupled with superior customer care and market expertise…
UASC announced two new Indian Subcontinent – Europe services (IEC1 & IEC2), to better align with its customer's needs, providing a superior service between India Subcontinent and Europe with enhanced reliability and more competitive transit times…
U.S. Transportation Secretary Anthony Foxx announced the appointment of 29 new members to the Marine Transportation System National Advisory Committee (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms…
The panel of speakers who will join Lord Clarke of Stone-cum-Ebony at the 2016 Cadwallader Debate has been announced.Chairman of the debate Lord Clarke will be joined by a panel of five speakers. They are Kuba Szymanski, Secretary General of InterManager…
Upward moves in the Capesize index are now starting to stall, according to Freight Investor Services (FIS). 'Last week we witnessed some short covering in the market which was supported by the technical picture, and this appears to be now drawing to a close…
China will send more ships flying its flag to take the Northwest Passage via the Arctic Ocean to cut travel times between the Atlantic and Pacific oceans, says the state news agency Xinhua. The world's largest maritime carrier China COSCO…
According to the Ministry of Shipping in India, the 12 major ports in the country together handled 159.0 million tonnes of cargo in the first quarter of the current fiscal (April-June 2016-17), against a cargo traffic of 149.74 million tonnes in the similar quarter of the previous fiscal…
Roll-Lift, the Heavy Lift Transportation Specialist based in The Netherlands has appointed Mr. Miguel Flórez de la Colina as their sole representative for clients based in Spain, Portugal and France for projects undertaken outside Europe.Miguel…
A National Seminar on Facilitation of Maritime Traffic is being held in Suva, Fiji (13-15 July). The event aims to assist Fiji to more effectively implement the Convention of Facilitation of International Maritime Traffic (FAL) and to…