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Latest News - page 1193

 

Gulf Bidders Emerge for UASC-linked Shipping Unit

May 23, 2017

Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…

OSC Launches VLCC Chartering Business

May 23, 2017

Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…

Kalmar Delivers RTGs to Evergreen

May 22, 2017

Kalmar, part of Cargotec, has successfully delivered five rubber-tyred gantry (RTG) cranes to Evergreen International Storage & Transport Corporation in Taiwan. The cranes will be used in Taoyuan Inland Container Terminal and Hsichih Inland Container Terminal…

ASCO's New Service to Arctic Ocean

May 22, 2017

The Russian Arctic Shipping Company (ASCO) operates between the port of Antwerp and the Arctic region of Russia.  Its ice-reinforced vessels with a capacity of 7,000 to 12,000 tonnes will mainly carry project cargo. The company operates six vessels…

Denmark Paving Way for Digitalization

May 22, 2017

The Danish Maritime Authority (DMA) has launched pilot project to examine the value of blockchain technology. When they want to register ships today, shipowners are still required to fill in and handle documents manually.  With the goal of helping to promote digitalization in Blue Denmark…

UN Envoy to Yemen Says Houdeidah Port Should Be Kept Safe

May 22, 2017

The United Nations' special envoy to Yemen said on Monday he wanted to prevent any attack on the Houthi-held Red Sea port of Hodeidah and also called for the central bank's independence to be maintained to allow it to pay salaries on both sides of the conflict…

Mercy Ships President Receives Honorary Doctorate

May 22, 2017

Honored for his nearly 40 years of service after founding a global charity which operates the world’s largest private hospital ship, Mercy Ships founder and president Don Stephens received an honorary Doctor of Divinity degree at Gordon College Saturday at the institution’s commencement ceremony…

S.Korea's Exports on the Rise

May 22, 2017

South Korean exports during the first 20 days of this month rose 3.4 percent from a year ago in U.S. dollar terms, customs data showed on Monday, while imports grew at 11.7 percent. Exports of semiconductors and petroleum products rose 41…

Port Canaveral to Pilot Cold Storage Program

May 22, 2017

Port Canaveral said it has been named an official participant in the Southeast U.S. In-transit Cold Treatment Pilot Program by the U.S. Department of Agriculture, Animal and Plant Health Inspection Service. This pilot designation for Port Canaveral allows entry of in-transit…

CrowdStrike: Countering Maritime’s ‘Invisible Pirates’

May 22, 2017

“Maritime has been described as ‘the next playground for hackers,’” said John Titmus, Director, EMEA - Cybersecurity Strategy Advisor at cyber security specialist CrowdStrike. “It’s an industry revolving around high value assets, moving valuable cargoes…

CMA CGM Expands India/Middle East/Africa Service

May 22, 2017

Shipping group CMA CGM will launch on May 23, 2017 a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. Betting on the economic dynamism of both India and the countries of Africa, CMA…

Lloyd Named Nautical Institute CEO

May 22, 2017

Last week’s Nautical Institute London Command Seminar saw the appointment of Captain John Lloyd RD MBA FNI as the Institute’s new chief executive officer, succeeding Philip Wake OBE RD MSc FNI, who is retiring after 14 years in post. Speaking at Trinity House…

Shipbuilders Council Names McCreary Chairman

May 22, 2017

Shipbuilders Council of America  names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter  At its annual spring meeting in Washington, D.C. this week, the Shipbuilders Council of America (SCA), the national trade association representing the U…

CMA CGM Launches Second Midas Service

May 22, 2017

On May 23, 2017, CMA CGM launched a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. The CMA CGM Group is betting on the economic dynamism of both India and the countries of Africa…

Jinhui Shipping Sees Bumpy Road to Recovery

May 22, 2017

Oslo-listed dry bulker Jinhui Shipping sees a bumpy road ahead despite signs of a recovery in the dry bulk market. The road to recovery will be challenging and the market will remain volatile, vice president Raymond Ching told the Q1 conference call on Monday…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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China's oil imports in August rose for the second consecutive month as a result of easing fuel export controls
Airbus deliveries at the end of August rose by 9%
Police officers in the eastern German state of defuse 21 explosives near power grid