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…
According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV. NITC has recently announced that after buying 20 oil tanker from China during the last two and half years…
Mombasa, Kenya port workers end strike and returned to work on Friday after being warned they could lose their jobs, reports Reuters. However the members of the Trade Union Congress (TUC-K) said protests over changes to their health care…
Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius…
Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency. The director general of the Cypriot Shipping Chamber, Thomas Kazakos, said that a small…
Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ. NITC has amassed the world’s largest fleet of super tankers and is in talks to sail…
Last week, senior U.S. Department of Transportation administrators, agencies such as the National Transportation Safety Board (NTSB) and Washington Metropolitan Area Transit Authority (WMATA), and high-profile leaders from transportation’s private sector…
NOAA is soliciting applications for membership on the Hydrographic Services Review Panel, a federal advisory committee that advises the NOAA administrator on the agency’s hydrographic programs, products, and technology. Applications must be received by August 10…
