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Euroseas Acquires Vessels and Full Ownership of Euromar

Sep 12, 2017

Euroseas announced that it signed a memorandum of agreement to purchase the M/V EM Athens and EM Oinousses, both feeder size containership vessels of 2,506 teu built in 2000.  The Company also announced that it acquired the option to purchase from Euromar two additional container vessels…

Hazards of Bauxite on Cargoes

Sep 12, 2017

New research considered by International Maritime Organization (IMO) this week about the behaviour of an aluminium ore that featured in a high-profile shipping casualty in 2015 could lead to changes in industry rules about how such cargoes should be handled…

DryShips Commences 5 Year TC for Second VLGC

Sep 12, 2017

DryShips, a diversified owner of ocean going cargo vessels, announced today that, its second Very Large Gas Carrier commenced its time charter on a fixed rate with five years firm duration to an oil major.  The charterer has options to extend the firm employment period by up to three years…

India, Ukraine to Partner in Shipbuilding

Sep 12, 2017

A Ukrainian delegation led by its Deputy Minister of Economic Development and Trade Ms. Nataliya Mykolska, met Secretary, Ministry of Shipping Shri Ravikant in New Delhi  to discuss the potential for developing sustainable partnership between the two countries in the area of shipbuilding…

Port Canaveral Resumes Operations

Sep 12, 2017

As of 12 noon today, the U.S. Coast Guard Captain of the Port (COTP) approved restricted commercial vessel transit through Port Canaveral to allow the port to support the arrival of critical fuel supplies destined for Florida consumers, and…

New Orleans' Big Plans Showing Dividends

Sep 12, 2017

A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers.  Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years…

Great Lakes Limestone Trade Rose in August

Sep 12, 2017

Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported.  August’s loadings were also nearly 12 percent ahead of the month’s five-year average…

Hoegh Autoliners Denies Price-fixing Allegations

Sep 12, 2017

Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.Hoegh Autoliners specializes in transporting cars…

BMT Secures Coal Jetty Engineering Contract

Sep 12, 2017

BMT Group subsidiary BMT Asia Pacific (BMT) will provide detailed engineering design and risk management consultancy services for a new coal unloading jetty and associated bulk handling system at the Tanjung Bin Energy (TBE) Power Plant in Johor…

APPLY: Top 50 Marine Equipment Distributors

Sep 12, 2017

The November 2017 edition of Maritime Reporter & Engineering News – with bonus distribution at the International Workboat Show in New Orleans – will feature a Regional Directory and editorial insights on the “Top 50 Marine Equipment Distributors…

Cyber Attacks Threaten Shipping & Dominate Maritime News

Sep 12, 2017

The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…

Konecranes Signs Service Agreement with MPET

Sep 12, 2017

In August 2017, Konecranes signed a major service agreement: the company’s Antwerp-based service organization will perform all of the maintenance and repair work on more than 150 Konecranes Noell Straddle Carriers of different generations for MSC PSA European Terminal (MPET)…

OOIL Signs the United Nations Global Compact

Sep 11, 2017

Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC)…

BIMCO Guidance for Seafarers on Lifeboats

Sep 11, 2017

BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries. Lifeboat accidents resulting in fatalities and serious injuries are all too frequent…

APM Terminals to Divest Zeebrugge Stake

Sep 11, 2017

APM Terminals and Hong Kong-based COSCO SHIPPING Ports, a subsidiary of China COSCO Shipping Corporation, have reached an agreement on the key terms of the proposed sale of APM Terminals’ 76% majority shareholding in the existing APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports…

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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