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Polsteam, Nova Ship Tech SA Select Alfa Laval PureBallast 3

May 09, 2018

Alfa Laval said it has signed fleet agreements with Polsteam and Nova Ship Tech SA for the supply of PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology.Under the agreements, Alfa Laval will provide dozens…

Euroseas Spins Off Its Drybulk Fleet

May 08, 2018

Greece-based owner of containerships and bulk carriers Euroseas has spun off its drybulk fleet into a separate company. The Company announced that it filed a registration statement on Form F-1 with the Securities and Exchange Commission…

Digitisation Helps APM Terminals Pipavav

May 08, 2018

With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to 100s of hours saved per day.  The terminal’s latest digital solution also offers significant environmental benefits…

Tightening Noose: Venezuela's Crisis Deepens

May 08, 2018

The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…

PDVSA Halts Caribbean Storage, Shipping; Diverts Oil Cargo

May 08, 2018

Venezuela's state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm's assets on four islands, according to a PDVSA source and Reuters data.PDVSA has begun…

V.Group Names Zou Managing Director for China

May 08, 2018

V.Group said it has appointed Junshan Zou to build, lead and drive V.Group’s activities in China, including business development, ship management and marine services.“We have made a long-term commitment to growing our business in China,” said Alastair Evitt…

Trade War All About the Eastbound Transpacific -BIMCO

May 08, 2018

When two of the world’s top trading partners get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, BIMCO says we’d better prepare for what may come while hoping that it will never take place…

Thailand Emerges as an International Maritime Training Center

May 08, 2018

Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses…

Lindsay Goldberg Mulls Selling Stake in Odfjell Terminals

May 08, 2018

Odfjell SE said it has been informed by Lindsay Goldberg that they are considering a sale of its 49% shareholding in Odfjell Terminals B.V.Lindsay Goldberg has been Odfjell's joint venture partner in Odfjell Terminals's U.S. and European terminals since 2011…

PDVSA Diverts Crude Tanker from Curacao

May 08, 2018

Venezuela's state-run PDVSA ordered a tanker carrying Russian oil that was waiting to discharge at its Curacao terminal to divert to Venezuelan waters after ConocoPhillips introduced an order in a Caribbean court to seize its inventories and other assets in the island…

New York Ports' Top Cop Retires Amid Probe of Limbaugh Escort

May 08, 2018

The head of the police force for New York's airports and bridges authority retired on Monday amid reports that a police escort for conservative radio host Rush Limbaugh had triggered an internal investigation.Michael Fedorko, who had been superintendent of the 1…

AFF Global Logistics Acquires Alaskan Express

May 08, 2018

U.S. domestic ocean freight forwarder AFF Global Logistics (AFF) has acquired fellow domestic freight forwarder Alaskan Express (AE) in a move to boost its offering to the Alaskan logistics market.AFF, which specializes in less-than-container-load freight shipments…

Iran Prepares to Export New Oil Grade amid Sanctions Threat

May 08, 2018

Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, two sources familiar with the matter said, even as fresh economic sanctions against the country loom.Iran has already been shipping samples of…

China'a April Exports Stronger than Expected

May 08, 2018

China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States…

Could US Sanctions Hit Iranian Crude Exports?

May 08, 2018

Oil prices are at more than three-year highs, driven by an expectation that renewed U.S. sanctions on Tehran over the country's nuclear program will disrupt Iranian crude flows.But without the Europe Union, or Iran's other big crude customers…

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

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