A new survey from Moore Stephens finds that vessel operating costs are expected to rise by more than three% in both 2013 and 2014, unwelcome news to shipowners that continue to struggle with low freight rates and over capacity across the oceangoing sectors…
BHP Billiton, Royal Bank of Scotland, Westpac Banking Corporation, Cargill and Minerva Marine recently completed the first trade financed iron ore trade using ESS’s CargoDocs electronic bill of lading and eUCP Presentation solutions. CargoDocs was used on a shipment from Australia to China…
NOL Group reported net profits of $20 million for the third quarter of 2013, and year-to-date net profits of $61 million. The Group posted year-to-date Core EBIT improvement of 33% or $42 million, from a $127 million deficit in the same period last year…
The Panel on 21st Century Freight Transportation published its final report on United States freight transportation, offering an assessment of its current condition with recommendations for strengthening nationwide infrastructure and U.S. economy…
Two cargo barges have popped up on either coast of the country, prompting wild rumors about whether Google is behind the floating enigmas and what projects could possibly be in store, reports the Christian Science Monitor.On the edge of Treasure Island…
What WEBINAR: “Digitizing the Marine Industry in 3D”When: October 30, 2-3pm ESTInfo: http://webinar.navalprofessional.com/ With increased marine regulations it is increasingly important to acquire digital documentation of the your fleet of ships…
IMO’s Working Group on the Evaluation of Safety and Pollution Hazards of Chemicals (ESPH 19), meeting at IMO Headquarters from 21 to 25 October, 2013, has agreed to classify high-viscosity PIB (Polyisobutylene) as category X for carriage by ship…
Dependable Global Express, Inc. (DGX), a global ocean freight forwarder, announces the appointment of Lily Sagherian as its Business Development Manager for DGX's new Middle East Trade Lane service. Ms. Sagherian is fluent in four languages including Arabic and Armenian…
The U.S. Federal Maritime Commission Chairman, Mario Cordero, issued a call to fellow regulators in the European Union and the People’s Republic of China, to join with him in a Global Regulatory Summit on the proposed P3 Global Alliance of the world’s three largest container carriers…
Two weeks before the doors open at Europort, Rotterdam, organizer Ahoy is finalizing arrangements for the event that promises to provide a benchmark for the “state of the global maritime and offshore industry” in late 2013. Alongside attendees…
In early October the UAE’s National Association of Forwarding and Logistics (NAFL) hosted a workshop for its members as part of its AGM proceedings. The group invited freight transport insurance specialist TT Club to present an overview…
Global freight management company, Geodis Wilson, said it plans to continue growing its Middle East network and has announced the appointment of Sascha Geiken as new Cluster Managing Director for the Middle East region.Sascha Geiken joined…
Hill Dickinson is pleased to announce the promotion of Kamal Mukhi of its commodities team to the position of Legal Director, with effect from October 1, 2013. In addition, seven members of its marine, trade and energy team have been promoted to the position of Associate…
Yesterday John F. Reinhart announced his retirement as President and CEO of Maersk Line, Limited (MLL). He will continue to lead the company until his departure at the end of January 2014. “I have been blessed to be part of the A.P. Moller - Maersk Group for almost 23 years…
Florida Governor Rick Scott will serve as the keynote speaker on Wednesday, Oct. 16, at the American Association of Port Authority’s (AAPA) 102nd Annual Convention and Expo in Orlando, Fla., hosted by the Canaveral Port Authority. He will discuss…
