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Cruise Line President, MARAD To Address AAPA’s 104th Annual Convention

Oct 23, 2015

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…

Ports Group Encouraged By U.S. House Transportation Bill

Oct 22, 2015

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…

Conoco CEO: Lifting U.S. Oil Export Ban on Wish List

Oct 22, 2015

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…

Daiichi Trims Fleet

Oct 22, 2015

Financially-troubled Japanese dry bulk specialist Daiichi Chuo Kisen Kaisha plans to halve its current long-distance shipping fleet, reports Nikkei. The debt-ridden shipowner under civil rehabilitation proceedings, also plans to improve profitability by updating charterage to shipowners…

Bahrain Set to Award $400mln Floating LNG Contract

Oct 22, 2015

The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port…

Greek-US Plan for an LNG Terminal

Oct 22, 2015

Greece and the US are likely to reveal a joint venture to develop a liquefied natural gas (LNG) terminal when US Secretary of State John Kerry makes an official visit to Athens in November. According to a local news report in eKathimerini…

South Port says Shipping Rates 'Unsustainably Low'

Oct 22, 2015

Shipping rates in New Zealand waters have become 'unsustainably low' in the wake of supply chain agreements such as between Kotahi and Port of Tauranga,  NBR reports as South Port New Zealand chairman Rex Chapman saying.  The company's…

Brian Armour Joins Braemar

Oct 21, 2015

Braemar (incorporating The Salvage Association) has appointed Brian Armour as Senior Maritime Civil Engineer within its Ports & Harbours division.Brian will be based in the Singapore office and has many years’ experience in the design, analysis…

Iran in Major Fleet Expansion Plan

Oct 21, 2015

In a bid to prepare for the lift of economic sanctions placed on the country, Iran has unveiled a $120 billion fleet expansion campaign. Mohammad Saeidi, Head of the Islamic Republic of Iran Shipping Lines (IRISL), said that the company seeks to purchase 579…

UASC Wins Seatrade Award

Oct 21, 2015

United Arab Shipping Company (UASC)  has received the ‘Environmental Responsibility’ award and ‘The Shipping Company of the Year’ award at this year’s Seatrade Maritime Awards for Middle East, Indian Subcontinent and Africa.  UASC’s Chairman H…

China Gets Port of Darwin

Oct 21, 2015

The Northern Territory (NT) Government in Australia announced the successful bidder for the Port of Darwin – Landbridge Group, based in the People’s Republic of China.  Chinese privately owned energy and infrastructure conglomerate Landbridge…

EMC Enhances Leadership Team

Oct 20, 2015

EMC  has appointed several established executives to its global leadership team to further enhance its delivery of mission-critical communications and content to top organizations around the world.EMC has appointed Tom Severson as chief financial officer (CFO)…

New Business Development Manager for GAC O&G

Oct 20, 2015

GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas.Soon has more than a decade of experience in the oil & gas logistics sector in Singapore…

APM Terminals Moin Bullish on Reefers

Oct 20, 2015

APM Terminals is preparing an expansion of the Moin Terminal in Costa Rica's cooling export facilities.  Six new STS cranes and 29 RTG cranes to operate the deep water port of Moin Container Terminal, which opens in 2018.  The Port of Moin is 18 meters deep docks…

Port Construction: Tanzania Kicks Off $11B Project

Oct 20, 2015

Work started last week on an $11bn megaport in Tanzania, funded by China and Oman, which the country’s president said would spark an “industrial revolution” in the east African nation. The new port at Bagamoyo will dwarf the country’s current main port at Dar es Salaam…

Logistics News

IMO Facilitation Committee Approves Digitalization Strategy

IMO Facilitation Committee Approves Digitalization Strategy

Windward: Strait of Hormuz Throughput is Increasing

Windward: Strait of Hormuz Throughput is Increasing

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

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Japan and Europe continue to have near-historical lows in coffee stocks
US oil is headed to Greece for the first time in 4 years as refiners look for alternatives to Middle East crude
Brazilian Petrobras will increase jet fuel prices by up to 55%, according to airline reports