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AAL Expands into Prince Rupert

Jun 03, 2015

AAL, one of the world’s leading global breakbulk, project cargo and heavy lift shipping operators, has strengthened its foothold in the oil rich mining region of Northern Alberta, by expanding its popular ‘Pacific Service’ liner route to include the British Columbia Port of Prince Rupert…

APM Terminals Reaffirms Poti Mega-Port Plans

Jun 03, 2015

Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th on the subject of Black Sea Ports as agents of economic growth for the region, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages…

Environmentalists Sue BOEM over Shell Plan to Drill in Arctic

Jun 03, 2015

Ten major environmental groups filed a lawsuit on June 2 challenging the federal Bureau of Ocean Energy Management's (BOEM) approval of Royal Dutch Shell's exploration plan for drilling in the Chukchi Sea this summer. The lawsuit seeks…

Honda Teams Up with Giga Shipping

Jun 03, 2015

Honda’s division in Malaysia has opened East Malaysia Logistics Hub in Kota Kinabalu which will be operated and managed by logistics and shipping firm Giga Shipping. Pre-delivery inspection (PDI) management undertaken by Giga Shipping will include standard key management system…

Ocean Rig to Float Common Stock

Jun 03, 2015

Ocean Rig UDW Inc has launched an offering of its common stock, par value $0.01 per share.  As part of this offering, George Economou, our Chairman, President and Chief Executive Officer, has indicated his intention to purchase, at the public offering price…

Diana Delivers Kamsarmax Dry Bulk Vessel

Jun 03, 2015

Diana Shipping Inc. has through a separate wholly-owned subsidiary took delivery of the m/v Medusa (formerly ”Torm Island”), a 2010-built Kamsarmax dry bulk vessel of 82,194 dwt that the company entered into an agreement to purchase in April 2015…

What’s Next for Shipping?

Jun 03, 2015

Close to 1,000 maritime exhibitors showed off the breadth and diversity of the shipping industry at this week’s Nor-Shipping, the bi-annual event that opened in Oslo on 1 June. About 35,000 delegates from 70 countries are expected to attend…

Greencarrier Freight Services Strengthens Management Team

Jun 02, 2015

Greencarrier Freight Services has appointed Mikael Forsberg as its first head of global sales, also promoting Jarmo Halonen to the role of Group Director Road Freight.Forsberg, who takes the title of Chief Commercial Officer, will be responsible…

Navatek, NEB Launch Sea Blade 35

Jun 02, 2015

Navatek, the naval research and design company based in Hawaii and Rhode Island, and NEB, a leading builder of high-tech composite and aluminum boats based in Portsmouth, R.I., announce the launching of the Sea Blade 35, a 35-foot rigid hull inflatable boat (RIB) with a top speed of 60 knots…

Pangaea Bags Extensions for two Contracts of Affreightment

Jun 01, 2015

Pangaea Logistics Solutions has received extensions for two contracts of affreightment (COA) for dry bulk materials, which it says will generate up to $22m in revenue over the next three years.  The extended contracts will also optimally position Pangaea vessels for backhaul routes…

Technip Buys Out DOF Subsea

Jun 01, 2015

The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.  According to the company, the transaction is done at market terms and will improve the cash position for the Group…

Strike at Peru's Top Port Likely to Stoke Inflation

Jun 01, 2015

A dockworkers strike at Peru's biggest port, Callao, has hit imports of basic goods in the Andean country and will likely stoke inflation, the main exporters association said Monday. The 18-day strike has nearly frozen activities at the…

Shipping Company To Pay $800K For Dumping Oil

Jun 01, 2015

AML Ship Management GMBH, a German company, was sentenced in federal court today to pay a total of $800,000 in fines and community service payments for violating the Clean Water Act and the Act to Prevent Pollution from Ships by intentionally discharging 4…

DNV GL sees Hybrid Propulsion, Connectivity the Emerging Trends

Jun 01, 2015

With 2020 in sight, DNV GL looked at the lessons to be learned from the update to the classification society’s “Shipping 2020” report which was published in 2012. Now, three years later, hybrid propulsion systems and connected ship solutions…

MacGregor Optimises UASC's Container Vessels Payload

Jun 01, 2015

United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental…

Logistics News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

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