U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China…
Business interruption (BI) and cyber incidents interlink as the major threat for companies globally in 2018, according to the insight of 1,911 risk experts from 80 countries in the Allianz Risk Barometer 2018. However, for marine and shipping companies…
Damen embarks on a new voyage with cruise newbuildingThe cruise market is experiencing a period of success. The segment has been growing by around 6.7 percent annually for some time now and with strong growth for seen in some markets – notably…
The Port of Oakland said construction could begin this summer on the ports new landmark logistics campus, a complex the port considers to be the linchpin of its future – a distribution hub driving additional containerized cargo across Oakland docks According to the port…
Diana Containerships Inc. said it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell Panamax containerships m/v Sagitta and the m/v Centaurus for $12.3 million each. The 2010-built vessels are scheduled to be delivered to the buyer…
World Fuel Services (WFS) said it will supply fuel oil and marine diesel from a new physical marine fuel supply location in Port Manatee in Tampa, Fla. WFS said it will have two dual capacity tug and barge units to service the area and has also partnered with Vane Brothers…
Survitec appointed Mark Baines as Global Vice President, Cruise. Based in Survitec’s Miami office, he will build a dedicated sales and operations team focused solely on partnering with cruise clients to achieve their safety and equipment reliability objectives…
Equiom has appointed Geoff McCumesky to take on the position of Yachting Consultant, a new role created to meet the growing demands of Equiom’s multi-jurisdictional yachting and crewing services. The appointment comes as the Equiom yachting…
Dubai's state-owned DP World said on Thursday it had sold a 19 percent stake in Somaliland's Port of Berbera to the government of Ethiopia. The port operator said it would retain a 51 percent stake in the port and that Somaliland would retain 30 percent…
TRAC Intermodal is expanding and improving the quality of its chassis fleet in the Gulf Region to meet an expected surge in U.S. resin exports. The TRAC Gulf Regional Pool (TGRP) now offers the largest and most modern fleet of chassis in the ports of Houston…
Trade infrastructure development to diversify Panama’s economy and DP World’s international experience in over 40 countries were at the centre of discussions held in Dubai yesterday between the global trade enabler’s Group Chairman and CEO Sultan…
Gov. Nathan Deal today announced that the U.S. Army Corps of Engineers has completed outer harbor dredging at the Port of Savannah, marking the midpoint of the Savannah Harbor Expansion Project (SHEP).'The completion of outer harbor dredging…
Multratug 32, the first new CARROUSEL RAVE TUG (CRT) was delivered to its owner, Novatug B.V. of the Netherlands in February 2018. Multraship B.V. of the Netherlands will be the operator of the new CRT. Multraship and Novatug both belong to the Muller Maritime Group…
The CMA CGM Group announced it is reinforcing its offer, starting April 4, 2018, between Asia, Mexico and the west coast of South America in a partnership with COSCO and Evergreen. With three weekly and complementary services to those already operated by the CMA CGM Group…
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also…
