As carriers withdraw from unprofitable routes, is there really too little competition in container shipping? A new report from UNCTAD highlights risks to competition in the container sector, specifically for smaller nations, says Drewry…
International energy logistics company Peterson has strengthened its leadership team with the appointment of Chris Coull as regional director. Coull is the latest in a string of senior appointments by the company this year as it continues…
TEU Growth Forces Efficiency, Productivity DriveWhen Maersk subsidiary ADP Terminals (ADPT) launched APMT Maasvlakte 2, the world’s first fully automated container terminal in April, it did so against a background of months of acrimonious…
Career Profile: Parker Harrison - Vice President, Procurement Crowley Maritime CorporationCharlottesville, Va. and the University of Virginia are a long, long way from the ocean. Arguably, an even greater distance is the one which stretches from a Bachelor of Arts degree in Italian and German…
American-owned NVOCC Troy Container Line Ltd. has established a Team Leader Division, aiming to ensure quality services in both the FCL and LCL export departments, the company announced today. The launch of this newly established division…
China Ocean Shipping (Group) Company (COSCO) plans to launch regular services through the Arctic Ocean to Europe, as global warming makes the route viable and Beijing steps up its northern ambitions, says a report in AFP. Cosco’s Yong Sheng…
Oslo-listed Siem Shipping reported a net profit of USD2.5 million (Q3 2014: net loss USD-0.2 million). The container lines are continuing to use very aggressive pricing strategies to win market share in the reefer segment. The specialist…
Marine, cargo and supply chain solutions provider Inchcape Shipping Services (ISS) has won a new contract with MSI Ship Management Pte Ltd to provide crew logistics services (CLS) across the globe.Under the new contract, MSI Ship Management will assign numerous vessels including bulk carriers…
Ardmore Shipping COO to take over as head of International Parcel Tanker Association from October 2015 Ardmore Shipping Corporation’s chief operating officer, Mark Cameron, has been appointed chairman of the International Parcel Tanker Association (IPTA)…
Global oil sector has cut 200,000 jobs in downturn.Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two decades…
Freight rates for very large crude carriers (VLCCs) could face drop further next week on excess tonnage supply and lower cargo volumes, reports Reuters. A Singapore based VLCC broker said that there’s no upside. Rates will either be flat or on the downside…
The Commission voted at its meeting 22nd October to issue a final rule on ocean transportation intermediary (OTI) licensing and financial responsibility requirements, and directed staff to prepare an advanced notice of proposed rulemaking…
Press release - Royal Caribbean Cruises (RCC) President and COO Adam Goldstein and U.S. Maritime Administration (MARAD) Administrator Paul Jaenichen, together with a host of port authority, shipping and cruise line executives, and freight transportation coalition and consulting experts…
Press release - Like many other goods-movement interests, America’s seaports are pleased to see new freight provisions contained in the Surface Transportation Reauthorization & Reform Act of 2015 (STRR; H.R. 3763), which House Transportation…
The head of U.S. oil company ConocoPhillips on Thursday renewed a call for the Obama administration to lift a ban on crude exports to help revive the struggling domestic energy industry, saying the move was 'number one on my wish list.'The…
