BSR’s Clean Cargo Working Group (CCWG) and the Clean Shipping Index (CSI)— two environmental reporting initiatives for ships and ship operators—signed a memorandum of understanding to collaborate for cleaner, more efficient shipping. Through this agreement…
Enteq Upstream PLC (Enteq), a provider of systems and components for Measurement While Drilling (MWD) and directional drilling, has appointed CS Fan as China and South East Asia (SEA) sales manager, announced Martin Perry, Enteq’s chief executive officer…
Leading US carrier in the Pacific Matson report that in the first quarter of 2014 its financial results were negatively impacted by the timing of fuel surcharge collections.Highlights Net Income of $3.4 million versus $9.1 million in 1Q13 Operating income of $9…
Liverpool headquartered global company Bibby Line Group is hosting a series of events at this year’s International Festival For Business during the Maritime, Logistics and Energy thematic of the four-week program. Being held at the Museum of Liverpool on June 12…
Trucking, rail and port panelists will explore the benefits of improving America’s intermodal freight transportation system.On May 13, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle will join forces with CEOs representing trucking…
Private equity firm Arsenal Capital Partners is considering a sale of its business that helps U.S. oil and chemical companies reclaim import taxes, a partner at the firm said.Timothy Zappala told Reuters that other options for the company…
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
Swiss-based commodity trading house Gunvor opened this month a new trading office in Shanghai dedicated to Chinese domestic business, the company on Tuesday, as it aims to expand its presence in Asia.Gunvor China Trading Ltd, set up in the Shanghai Free Trade Zone…
Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…
First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activityMerger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total…
Wallem Group has appointed Ioannis (Yanni) Stefanou as Global Technical Director of Wallem Ship Management to lead the business as it positions itself for continued growth. Stefanou will lead the Group’s technical teams in Hong Kong, Singapore and Europe (Hamburg) in delivering reliable…
Greencarrier AB, which until now has operated as two separate organizations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity. The new combined organization will form a part of the Greencarrier Freight Services division…
General Dynamics American Overseas Marine LLC (AMSEA) apprises it has been awarded the USD$32.7 million contract modification to operate and maintain seven large, medium-speed, roll-on / roll-off ships (LMSR) for the Military Sealift Command…
RoadOne IntermodaLogistics has announced that Jessica Cohen and Kendall Kellaway have both been promoted to Director of Business Development positions. Jessica will be responsible for sales and customer engagement in the Midwest and Kendall will take over the reins in the Northeast…
Dubai Maritime City Authority (DMCA) has announced its firm commitment to supporting the Dubai Maritime Vision 2030 plan of creating a vibrant and safe maritime environment in the next two decades and establishing Dubai as a leading global maritime hub…