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SUNY Maritime mourns the Loss of Professor James McKoy

May 31, 2018

The word has been passed that long tenured and much loved and respected SUNY Maritime Professor James 'Jim' McKoy has passed away after a long illness. SUNY President RADM Michael Alfultis told MarineNews this morning, 'He was an outstanding teacher and he will be sorely missed…

Baltic Index Snaps Losing Streek

May 31, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday snapping eleven sessions of losses, supported by stronger capesize vessel rates.The overall index, which factors in rates for capesize…

Evac to Acquire Cathelco

May 31, 2018

Evac announced it will acquire Cathelco, a  manufacturer of equipment for ships and offshore installations, a synergistic move for Evac as Cathelco customers include Evac’s current marine and offshore customer groups, including ship owners, shipyards…

Kanoo Shipping Acquires Wallem South Africa

May 31, 2018

Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group…

GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel

May 30, 2018

Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.  A 180,000 cubic meter LNG carrier…

Diana Containerships TC for m/v Rotterdam with Wan Hai Lines

May 30, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam.  The…

BAE Systems, Flinders University to Train Shipbuilding Workforce

May 30, 2018

A new agreement between BAE Systems Australia and Flinders University will see students and industry working together to develop new ways to provide Australia’s defence force with the evolving capability it needs and train the shipbuilding workforce of the future…

Floating Pier Provides Flexibility for Donsö Harbor Project

May 30, 2018

SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean…

South Carolina Ports to Add 26 RTG Cranes

May 30, 2018

South Carolina Ports Authority (SCPA) said it will purchase 26 new rubber-tired gantry (RTG) cranes to handle growing container volumes at the Wando Welch Terminal and Inland Port Greer.The port will pay $46.4 million for the 26 RTG cranes to be built by manufacturer Konecrane…

Seaspan Recognized for Environmental Stewardship

May 30, 2018

Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental…

Puerto Valparaiso and AAPA Launch the 107th Annual Convention

May 30, 2018

The event will take place in Valparaiso, Chile, from October 7 to 10, with the presence of AAPA’s Continental leadership.With a postal card of Valparaiso hills as a background, the Empresa Portuaria Valparaiso (EPV) and the American Association…

South Carolina Ports Posts Fiscal Year Growth

May 30, 2018

South Carolina Ports Authority reports its fiscal year-to-date volumes are nearly 2 percent higher last year, with record-breaking container volumes handled in April.SCPA has moved 1.8 million TEUs since July, compared to 1.78 million during the same period last fiscal year…

Tanker Market Grappling with More Uncertainty

May 30, 2018

Tanker shipping: Added uncertainty is not helpful to the struggling tankersDemandJust when you thought it could not get any worse for the tanker shipping industry, the U.S. is reimposing sanctions on Iran coming into force after a six months wind-down period ending on November 4…

Protests Hamper Brazil Coffee Exports

May 30, 2018

Coffee exports from Brazil, the world's largest producer, in May are likely to be 900,000 60-kg bags less than expected due to a nationwide truckers protest that hampered transport to ports, exporters association Cecafé said on Wednesday.The…

Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy

May 30, 2018

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…

Logistics News

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Encomara Squid Connection System Qualifies for Commercialization

Encomara Squid Connection System Qualifies for Commercialization

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

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Russian Urals resumes VLCC shipping to Asia amid higher demand and freight rates
Germany reports that gas storage injections are increasing as the LNG market improves
Romania investigates the cause of a Black Sea cargo vessel sinking