Eurotainer Appoints APM Terminals as Agent for Argentina
Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in Argentina.APM Terminals serves the Argentinian market through five strategically located Inland Service Depots located in key markets along the full length of the country. The company offers equipment lifecycle management, transportation services and cargo support.The company's Puerto Deseaso Depot has an established…
Bolivia Joins International Mobile Satellite Organization
The Plurinational State of Bolivia has become the 104th country to join the International Mobile Satellite Organization (IMSO), the inter-governmental body that oversees the provision of certain satellite-based maritime distress communication services. The IMSO Convention was adopted by International Maritime Organization (IMO) in 1976 to establish and oversee satellite communications for shipping. Ms. Giovanna Lenny Vidal, Charge d'Affaires, met IMO Secretary-General Kitack Lim and IMSO Director General Capt. Moin Ahmed to deposit the instrument of accession to the Convention.
New Women in Maritime Network Launched
Central and Latin America celebrated the launch of a new women in the maritime network in Valparaíso, Chile (13-15 December), which joins the International Maritime Organization (IMO) family of regional Women in Maritime Associations (WIMAs), giving visibility and recognition to the role women play as key resources for the maritime sector. Sixty two women from 18 countries (Argentina, Bolivia, Chile, Columbia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala…
Asbestos on Board
What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos. Asbestos is a natural fiber that was mined for use in construction and household products. It became rapidly popular after others realized it has fire-resistant properties and durability. However, in the 1960s, researchers began to link exposure to this material with cancer, specifically mesothelioma, which can form in the lungs, abdomen or heart.
Martin Joins Moore & Company
Moore & Company has hired attorney Anny Martin who joined the firm earlier this month. A graduate from the University of Florida Levin College of Law, Martin was extremely involved in the executive boards of various on-campus organizations including serving as President of the International Law Society, Vice President of Internal Communication of the Hispanic National Bar Association and Vice President of the Cuban American Bar Association of the university. She was also the Student Works Editor of the Florida Journal of International Law.
Empire State Stake, Melbourne Port Among Q3 Sovereign Fund Acquisitions
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion. The combined value of deals was up 38 percent from the previous quarter, helped by a handful of jumbo-sized transactions in the infrastructure, energy and real estate segments, although the number of direct investments fell to 35 from 43 in the second quarter, according to data from Thomson Reuters.
Braemar Adjusting agrees Strategic Partnership in S. America
Braemar Adjusting has agreed a strategic partnership with Beckett Liquidadores de Seguros S.A of Chile, to act as its local resource partner in a number of countries in South America. Braemar Adjusting provides Loss Adjusting, Risk Assessment, Legal/Expert Witness and Dispute Resolution services to the Energy, Marine, Mining and Construction insurance industries, through its strategically-located global network of offices. As a result of the arrangement, Beckett Liquidadores de Seguros S.A.
Hapag-Lloyd Warns of Preventive Actions by China
Further to Hapag-Lloyd's information to their Customer circular issued in 4th March 2016 on the preventive actions of Zika virus for all cargoes entering China, the company has now provided an updated list of origin countries. All shipments from the following countries (indicated below) shall be subject to anti-mosquito treatment. Inbound shipments without proof of anti-mosquito treatment will be fumigated at the port of discharge in China by the authorities without prior notice.
Maersk Line Starts New Direct Service from West Coast South America to Japan
Maersk Line has announced a new direct service with short transit time from West Coast South America to Japan for dry and reefer cargo. In our continuous efforts to provide our customers with a competitive and fast connection from West Coast South America to Japan, we will now offer a new short transit time service from San Antonio and San Vicente in Chile to Yokohama, Japan for both dry and reefer cargo. This service will also offer improved service time from Ecuador, Bolivia and Peru.
Tug-Barge Design Optimized for South America
Some veteran Mississippi pushboats and barges have been transported to South America for second careers. However, conditions on a great river like the Paraguay-Paraná are different. It has sharp bends, shallow stretches, and includesremote reachestotally lacking in infrastructure. Building on extensive experience designing for the shallow rivers of Canada's frontiernorthland, Robert Allan Ltd., Naval Architects from Vancouver, BC have taken on the challenge of creating a new generation of specialized tug and barge systems to suit these demanding environments.
SENER Group Reports Continued Growth
Turnover increased by 8 percent to reach 1.315 billion Euros, with net profit rising by 66 percent to reach 57.8 million Euros. The engineering and technology group SENER ended 2014 with a turnover of 1,315.7 billion Euros; an increase of 8.02 percent over the previous year. The group’s operating result came to 73.3 million Euros, representing an increase of 54.7 percent compared to 2013, and the holding company’s profit reached 57.8 million Euros (an increase of 66.1 percent). The number of people working at SENER has remained almost constant at 5,541 (a decrease of 0.52 percent).
Yara Completes Acquisition of OFD Holding
Holding Inc. (OFD) allowing the integration process to start. The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America. Regulatory approvals have been obtained in almost all jurisdictions, including commitments which are not expected to materially impact the profitability of the acquisition. "We welcome the approvals from regulatory authorities which now allow us to close the acquisition and start the integration process.
TT Club Backs Young Freight Forwarder Award
TT Club is continuing its sponsorship of FIATA’s Young International Freight Forwarder of the Year Award. The relationship between the two organizations in relation to this training and development award is now in its sixteenth year and is aimed at identifying, recognizing and encouraging young talent throughout the freight forwarding community around the world. This year’s entries were of a very high standard and featured a spread of dissertation topics that were of a marked variety, demonstrating the complexity of the logistics supply chain.
SENER Operating Revenue up 7.6% in 2013
The SENER Engineering and Technology Group closed the 2013 financial year with an operating revenue of €1.218 billion, representing a growth of 7.6% on the previous year. The number of people working at SENER reached 5,570, an increase of 3.8%, and R&D investment was €71.7 million, representing 5.8% of the group's revenue. These figures position SENER as Spain's leading multidisciplinary engineering group in terms of R&D and the development of technologically-differentiated international projects.
ICS Updates Flag State Performance Table
The International Chamber of Shipping (ICS) has launched its latest ‘Shipping Industry Flag State Performance Table’ which can be downloaded from the homepage of the ICS website. This year’s ICS table includes some new flag states which seem to be increasingly popular with some shipowners, such as Moldova and Sierra Leone, which join the ranks of flags such as Bolivia, Cambodia and Mongolia in being revealed by the table to have a somewhat patchy performance. ICS stresses that the table includes what should be regarded only as potential positive indicators.
Ship Surveyor Guilty in Ship Safety Case
Miami Man Convicted for Obstruction of Justice and False Statements for Certifying Ships Safe for Sea. A federal jury in Miami yesterday convicted a Miami-based ship surveyor for lying to the Coast Guard and for falsely certifying the safety of ships at sea, announced Ignacia S. Moreno, Assistant Attorney General for the Environment and Natural Resources Division at the Department of Justice; Wifredo A. Ferrer, U.S. Attorney for the Southern District of Florida; Rear Admiral William D. Baumgartner, Commander, 7th Coast Guard District; and Jonathan Sall, Special Agent in Charge, U.S.