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Today’s Maritime Security: Is the Industry Prepared?

Oct 17, 2017

In late June of 2017, AP Moeller-Maersk shut down its container operations at the Port of Los Angeles. It wasn’t due to labor relations problems, equipment malfunction or other reasons that have been known to thwart port operations. It was a cyber-attack…

St. Lawrence Seaway Cargo Volumes Buoyant

Oct 17, 2017

As marine shipping continues to support the growth of the Canadian and U.S. economies, St. Lawrence Seaway cargo shipments to-date for 2917 are 14 percent ahead of 2016 volumes. Total cargo tonnage from March 20 to September 30 reached 24…

Hapag-Lloyd to Offer reUse Container Management Services

Oct 17, 2017

Avantida said Hapag-Lloyd has become the first ocean carrier in the U.K. to offer its reUse container management services through the Avantida platform. The application allows the re-use of import containers for export shipments of the same shipping company…

Newest Outpost for US Crude Exports: India

Oct 17, 2017

India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up 'test' purchases of U.S. grades to diversify their imports. U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas…

Petroleum, Food Boost US Import Prices

Oct 17, 2017

U.S. import prices for September recorded their biggest increase in more than a year amid rising petroleum and food costs, but underlying imported inflation remained modest.The Labor Department said on Tuesday that import prices jumped 0…

MET International Plans to Boost LNG Trades

Oct 17, 2017

Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday.Gyorgy Vargha said that while the company had traded one cargo…

China to Take 70% Stake Myanmar Port

Oct 17, 2017

China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said.Oo Maung…

APL Renews Terminal Lease at Port of Kaohsiung

Oct 17, 2017

An agreement has been signed between American President Lines LLC, Taiwan Branch and Taiwan International Ports Corporation Ltd, to renew APL’s terminal lease at the Port of Kaohsiung, Taiwan. The signed deal retains APL’s current terminal plot…

Panama Canal Sets Record Annual Cargo Tonnage

Oct 17, 2017

Following the close of its 2017 fiscal year (FY17), the Panama Canal announced that the waterway welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history…

Peel Ports Applies Air Traffic Systems for Marine Ops

Oct 17, 2017

Air traffic control technology is to be applied to a commercial port group in the UK for the first time. Peel Ports Group, the UK’s second biggest port operator, is investing £2.7m ($3.5m) across its network of seven Statutory Harbor Authorities to streamline marine operations…

Genco Opens Singapore Office

Oct 17, 2017

Genco Shipping & Trading Limited said it has opened an office in Singapore and has appointed Ivo Kempenaer as Vice President and Commercial Director, Head of Major Bulks. “Genco continues to take important steps to optimize our commercial…

Pasha Hawaii to Deploy Jones Act Vessel to Puerto Rico

Oct 17, 2017

Pasha Hawaii will provide the U.S. Jones Act vessel Horizon Spirit to ship hundreds of containers from the West Coast in support of hurricane relief and rebuilding efforts in Puerto Rico. The Horizon Spirit serves as a drydock reserve ship in…

MOL Names Newbuilding LNG Carrier 'Energy Liberty'

Oct 16, 2017

Mitsui O.S.K. Lines (MOL) has announced that on October 16, a naming ceremony for a newbuilding LNG carrier, jointly owned by MOL and Tokyo LNG Tanker, was held at the Tsu Shipyard of Japan Marine United Corporation. Among the crowd of well-wishers on hand for the ceremony were Tokyo Gas Co…

ZIM Seven Stars Express Service to Add a Kaohsiung Call

Oct 16, 2017

ZIM is pleased to announce that starting November 2017, ZIM’s popular Seven Stars Express Service (Z7S) will add a call in Kaohsiung, Taiwan, offering unique advantages to customers, said a company press release. The service includes: Direct access to New York Maher terminal…

Maritime Single Window for Antigua and Barbuda

Oct 16, 2017

Antigua and Barbuda is getting ready to implement a maritime single window for ship notifications relating to stay and departure of the vessel, under a project facilitated by IMO technical cooperation programme. Norway is financing the project as well as providing technical expertise…

Logistics News

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

16th Annual Maritime Risk Symposium-Student Research Poster Contest

16th Annual Maritime Risk Symposium-Student Research Poster Contest

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