Mersey Maritime has hosted a visit by Maritime London as part of an initiative to develop ways in which the two bodies can encourage maritime organizations to work more closely together.Maritime London Chairman Alderman the Lord Mountevans of Chelsea…
The International Chamber of Shipping (ICS) has announced its final program for this year’s ICS International Shipping Conference which features speakers from across the global industry. The conference is one of the principal events during the second London International Shipping Week (LISW15)…
The Egyptian Natural Gas Holding Company (EGAS) signed an initial agreement with Russian company Rosneft to supply oil products and liquefied natural gas (LNG) shipments. The document defines key terms of the future cooperation between the companies in the area of LNG supplies…
Global shipping consultancy Drewry predicts the container ship industry will be 'lucky to break even this year' as shipping rates slump due to catastrophic overcapacity. A toxic mixture of overcapacity, weak demand and aggressive commercial…
President Nursultan Nazarbayev has formally opened the Borzhakty – Ersai railway. The 13·9 km branch from the Aktau - Uzen line will serve a port which is being developed on the Caspian Sea near Kuryk. Construction of the line including the laying of 22·3 km of track was undertaken by Kamkor…
India's Adani Group is likely to take over the operational and management control of Larsen & Toubro (L&T) Kattupalli International Container Terminal near Chennai, reports Business Standard. Adani is in the final stage of getting into an arrangement with L&T to take over the terminal…
The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R. Saadé, founder, Chairman and Chief Executive Officer of the CMA CGM Group…
Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.S. stock exchanges sank on Monday. Greeks have said No to austerity terms imposed by international creditors…
The Washington D.C., office of global law firm K&L Gates LLP has welcomed Stephen Martinko as a government affairs counselor in the public policy and law practice. Martinko joins the firm from the Port of Pittsburgh Commission (PPC), where he…
This week Seavision is holding an interactive maritime festival at Wyvern College in Hampshire to help celebrate, enthuse and educate the youth of today about the maritime industry and its fundamental role in lives. The educational initiative…
DP World London Gateway has appointed Andy Browning as Cargo Supply Chain Manager.Browning brings more than 30 years of experience designing and establishing global supply chain and logistics solutions that drive efficiency and unlock value…
The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters. The growing vessel glut is battering sentiment…
GB Group, a diversified group of industrial and trading companies, has announced that Port Lafito, a world-class modern container port in Haiti, is open and operational. Port Lafito in Haiti officially opened on 2 July in a ceremony attended by the country’s president among other dignitaries…
After signing an order for the construction of five new ships two weeks ago, the Italian shipowner Grimaldi Group has signed another contract for the construction of three new PCTC-type ships (Pure Car and Truck Carriers) at the Chinese Jinling shipyard…
A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence. In fact the latest in a series of interesting and extreme price spikes is going on in the shipping market today…
