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Port Security Training in Nigeria

Sep 04, 2017

A workshop in Lagos, Nigeria has helped train Nigerian officials in the necessary skills and knowledge to plan, conduct and assess security drills and exercises in their port facilities.  The event (28 August – 1 September) focused on port security measures of the Organization’s ISPS Code…

Shipping’s Recovery May Not Lift Seafarer Wage Costs

Sep 04, 2017

Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedes, according to the latest Manning report published by global shipping consultancy Drewry…

Project to Eliminate Emissions at Norway Ports

Sep 04, 2017

Shore power and charging infrastructure could reduce CO2 emissions by as much as 12.5 million tonnes at ports in Norway every year – this is one of the main conclusions of a report compiled by a pool of experts from ABB, DNV GL, the Port of Oslo…

New CEO for Pioneer Marine

Sep 03, 2017

Pioneer Marine, a global dry bulk handy size transportation service provider, announced today changes in its Senior Management Team. Torben Janholt, who has served as Board Member of the Company since 2013, has been named as the new CEO of…

ESL Shipping Launches Viikki

Sep 03, 2017

Viikki, the new eco-friendly dry cargo vessel of ESL Shipping, part of Aspo Plc, was successfully launched today at the Jinling shipyard in Nanjing, China.  “The longstanding work in this project becomes concrete today when we see the vessel floating for the first time…

Ecuador, DP World Begin USD 1bln Port Construction

Sep 03, 2017

The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador…

Cargo Ship Sinks near Oman

Sep 03, 2017

A Tanzanian-flagged cargo ship sank off the Omani coast due to leaked sea water, reported Bahrain News Agency. Twenty sailors were saved. The report quoted Authorities in Oman saying that the ship was loaded with construction material, consisting of steel bars and sand…

Port Taranaki Ready for More Cruise Ships

Sep 01, 2017

Port Taranaki is committed to providing world-class assets and service excellence to support the cruise industry, chief executive Guy Roper says. Mr Roper took part in a panel discussion of leaders from “emerging ports” at today’s Cruise New Zealand 2017 Conference…

MOL to Join LNG Terminal Project in India

Sep 01, 2017

Mitsui O.S.K. Lines (MOL) announced the signing of agreements with Swan LNG Private Limited (Swan LNG) for the long-term operation / maintenance of a floating, storage and regasification unit (FSRU) and provision and long-term operation / maintenance…

CMIT Welcomes Vietnam PM

Sep 01, 2017

Vietnam’s Prime Minister Nguyen Xuan Phuc visited Cai Mep International Terminal (CMIT) on July 21st, becoming the first container terminal in the Cai Mep area, part of Saigon Port, to receive the Vietnamese Head of State.  CMIT is a joint venture between APM Terminals…

Scorpio Closes Merger with Navig8

Sep 01, 2017

Scorpio Tankers Inc.  announced that it has closed the previously announced merger with Navig8 Product Tankers Inc. (NPTI).  As consideration, Scorpio has issued 55 million shares of its common stock to the holders of NPTI’s common shares or 19…

New Container Scanner System for Colombo Port

Sep 01, 2017

A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60…

Nordic American Appoints New CFO

Sep 01, 2017

Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO).  He is expected to join us later this year and as early as possible. Giaever joins NAT/NAO from the well…

LGL Brings US-flag RO/RO into Service

Sep 01, 2017

Liberty Global Logistics LLC (LGL) said its newest U.S.-flag Roll-On/Roll-Off (RO/RO) vessel, the M/V Liberty Peace, has commenced service. The flag of the vessel was transferred from Norwegian flag by the captain of the M/V NOCC Baltic to Jeffrey M…

US Receives Request to Waive Jones Act Due to Harvey

Sep 01, 2017

U.S. Customs and Border Patrol said Friday it has received and is reviewing one request to waive the Jones Act due to the impact of Hurricane Harvey, which has shut down refineries and closed parts of a key pipeline. The Jones Act mandates the use of U…

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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