According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits…
GAC Pindar has secured a three-year extension of its contract with the global Extreme Sailing Series™ to manage the complex worldwide shipping of the Series’ Extreme 40 boats, equipment and support materials.Andrew Pindar, Director of GAC Pindar…
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.While manufacturing appears to have picked up in the world's second-largest economy…
Evergreen Shipping Agency (America) Corp. recently announced that its movements have been affected by “truck capacity issues,” which the shipper said have been brought on by a combination of contributing factors, including driver shortages, infrastructure problems…
Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10,000 tonne subsea oil storage tank, destined for west of the Shetland Islands…
As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks that will arise from its plan to double the cargo-carrying capacity of ships transiting one of the world’s most important waterways…
GAC, a global provider of integrated shipping, logistics and marine services, has moved Claus Schensema, its previous Managing Director in Shanghai, China, to Houston, Texas, to take the helm of GAC North America Logistics. Schensema brings…
MOL Liner Ltd. announces the June 2014 results of Regional Key Performance Indicators (KPI) in the Americas in the following categories: operations, customer service, and electronic data interchange (EDI). The results are available on a monthly basis and posted in greater detail at www…
Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.R. 5270, the Growing American Shipping Act, which aims to modernize U.S…
Leading U.S. carrier in the PacificMatson, Inc. reported net income of $18.1 million or $0.42 per diluted share for the quarter ended June 30, 2014, compared with $20.1 million or $0.47 per diluted share in 2013. Consolidated revenue for the second quarter 2014 was $436…
The United States on Wednesday blacklisted two North Korean shipping firms, Chongchongang Shipping and Ocean Maritime Management, following a similar move by the United Nations.The United Nations on Monday said Ocean Maritime Management…
On August 1, Hamburg Süd will open an office in Nanjing, China, to be headed by general manager Steven Pu. Hamburg Süd now operates from 20 locations in Greater China.All tasks previously carried out by the Ben Line agency will be taken over by the new Hamburg Süd office…
One sign of change in Iran as it works toward a nuclear deal with world powers is the way it is feeding itself, with private grain firms beginning a slow return to their traditional role as major food commodity importers.Iran was never barred…
Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, announce that they have signed a preliminary…
Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction, fabrication, coatings, instrumentation and electrical, and shorebase and logistics…
