The cruise ship builder Meyer Turku started the production of a 5,286-lower berth cruise ship for Carnival Cruise Line.According to German shipbuilder, the ship will be the first North American-based cruise ship to run on iquefied natural gas…
Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes…
Mitsui O.S.K. Lines (MOL) celebrated the 50th anniversary for the establishment of Mitsui O.S.K. Lines (Thailand).On November 13, it held a party in Bangkok for customers, business partners, and others, marking the event and the centennial anniversary…
BIMCO, the largest of the international shipping associations representing shipowners, said that it has revised and updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is…
Monaco-based owner and operator of liquefied natural gas (LNG) carriers, reported a third-quarter ended September 30, 2018 loss of $654,000, after reporting a profit in the same period a year earlier.The gas shipping company said that the Q3 results included $2…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated for one of its Panamax dry bulk vessels, the m/v Thetis.According to the global shipping…
Marshall Islands-based Global Ship Lease (GSL) announced that it has completed the proposed merger deal with Greece's Poseidon Containers.According to a release from GSL, the combined company will have a fleet of 38 vessels with a total capacity of 198…
Maritime traffic has resumed in Kuwait's Sheweikh and AL-Doha ports after a temporary closure due to bad weather, but Shuaiba port remains closed, Kuwait's Port Authority said on Thursday, Kuwait News Agency (KUNA) reported.Poor weather and heavy rains closed all three ports on Wednesday…
The National Transportation Safety Board announced Thursday its intent to hold a board meeting, Dec. 11, 2018, to determine the probable cause of the Jan. 14, 2018, fire aboard the passenger vessel Island Lady, in the waters of the Pithlachascotee River near Port Richey…
The Federal Maritime Commission voted to take no action to prevent amendments to the West Coast MTO Agreement (WCMTOA) related to 'PierPass' from becoming effective.Under the terms of the updated agreement (FMC Agreement No. 201143), WCMTOA…
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a rise in demand for capesize vessels.The overall index, which factors in rates for capesize…
TRAC Intermodal announced that it has completed its acquisition of assets relating to the tire services division of Core Fleet, Inc. The acquisition will allow TRAC Intermodal, through its newly formed subsidiary, TRAC Tire Services LLC, to provide tire wholesale…
At the beginning of November, two Liebherr mobile harbor cranes type LHM 600 arrived at Yilport’s recently acquired terminal in Guatemala. An option on two more LHM 600 underlines the forthcoming strategic partnership between Liebherr and Yilport…
The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s 111-year history, eclipsing the November 2017 record of 924…
KVH Industries announced that Brent Bruun has expanded his responsibilities as chief operating officer, and Mark Woodhead has been named executive vice president of mobile connectivity. The promotions leverage the business and maritime industry experience of the two leaders…
