Latest News - page 741

 

MJM Bags Largest-Ever Cruise Contract

Feb 20, 2019

Global marine outfitter, MJM Marine is undertaking its biggest-ever project which will see a team of 1,400 people spend more than a month working on a cruise liner at locations including China and the US.The company been appointed as the main…

RCL Confirms Sixth Vessel Order

Feb 20, 2019

Royal Caribbean Cruises Ltd (RCL) just gave confirmation of an order for Chantiers de l’Atlantique, according to a previous option agreement, to build a new Oasis-class cruise ship, due for delivery in the fall of 2023.“At her delivery, she…

Dry Bulk Market Looks Dull

Feb 20, 2019

Global dry bulk fleet utilization (calculated as total demand in tonne miles transported divided by total available fleet capacity) dropped by 1.4% in the fourth quarter of 2018, reflecting the trend observed in the rate environment.According…

Valles Orders New Tanker from SHI

Feb 20, 2019

The Hong Kong and Vancouver-based shipowner Valles Steamship has ordered a new 112,000 dwt crude oil tanker from South Korea’s Sumitomo Heavy Industries Marine & Engineering (SHIME).Ship set to be fitted with a scrubber and will enter the market before the end of 2020…

Cosco, Bolloré in Logistics Partnership

Feb 20, 2019

China’s container shipping company Cosco Shipping Lines signed a strategic Memorandum of Understanding (MoU) with Africa-based Bolloré Transport & Logistics to develop new opportunities in transport, logistics and port infrastructure.The two companies…

Gas4Sea, Equinor in LNG Bunkering Pact

Feb 20, 2019

Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - has signed an agreement with the Norwegian multinational energy group Equinor.Under the agreement, Marine LNG Zeebrugge will supply liquefied…

Port of Oakland Gets Giant Cranes

Feb 20, 2019

SSA Terminals, the operator of Oakland International Container Terminal, submitted last week a $30 million order for three 300-foot-tall gantry cranes, which are expected to be delivered in 18 months.The cranes will go to Oakland International…

Inland Shipping Joins Forces in Amsterdam

Feb 19, 2019

Inland shipping is essential for the transportation of containers on the Amsterdam-Utrecht-Rotterdam route. 250,000 containers are transported annually via this routeTMA Logistics, CTU and VCL join forces to establish the North West Central Corridor…

India: Locally Built Ships Priority in Chartering

Feb 19, 2019

The government of India has revised guidelines for chartering of ships by providing the right-of-first-refusal (RoFR) to ships built within the country, a move to promote the Make in India initiative and incentivise shipbuilding activity.Henceforth…

Nordic American Tankers Still in the Red

Feb 19, 2019

Nordic American Tankers (NAT) reported a net loss for 4Q2018, came in at -$10.5 million. This was a substantial improvement from the previous quarter (3Q2018) which saw a net loss of -$37.9 million.  'It is important to note that we have concluded…

TFI Buys Toronto Tank Lines

Feb 19, 2019

North American transportation and logistics player TFI International has announced the acquisition of Toronto Tank Lines (TTIL).Acquisition strengthens TFI’s logistics and specialized tank capabilities throughout North America, said a press note…

Navios Appoints Alexander Kalafatides as Director

Feb 19, 2019

The dry cargo vessel player Navios Maritime Partners announced the appointment of Mr. Alexander Kalafatides to its Board of Directors.The international owner and operator of dry bulk and container vessels said in a press release that Kalafatides…

Vens Close Maritime Border with Dutch Antilles

Feb 19, 2019

Venezuelan authorities have closed the maritime border with the Dutch Antilles, a regional navy chief told Reuters on Tuesday, preventing boats and aircraft from arriving from the islands of Aruba, Curacao and Bonaire.Vice Admiral Quintero Martinez did not give a reason for the closure…

McCarthy Promotes Schulte

Feb 19, 2019

McCarthy Building Companies, Inc. Southern Region has promoted Mike Schulte to Vice President Operations for the Marine/Industrial Business Unit. In this role, Schulte is responsible for oversight of the marine and industrial industries. He will manage all marine…

Book Review: Casey the Container

Feb 19, 2019

Bringing the world of containerized cargo to young readers.This rhyming children’s book follows Casey the Container, a new shipping container, along her journey on her first day in port. Casey meets new friends, experiences the workings of the waterfront…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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