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Latest News - page 1198

 

Diana Adds Post-Panamax Bulker, Bags Contracts

May 16, 2017

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Phaidra (formerly “Soya May”), a 2013 built Post-Panamax dry bulk vessel of 87,146 dwt that the Company entered into an agreement to purchase in April 2017…

MOL, Satake Introduce BMW Solutions

May 15, 2017

Mitsui O.S.K. Lines (MOL) announced that its group company MOL Techno-Trade will exhibit BARI-SHIP 2017 which is held at Imabari, Ehime from May 25th - 27th, 2017 with Satake Corporation. Satake Corporation designed and developed 'Viable…

GOGL Takes Two More Vessels from Quintana

May 15, 2017

Golden Ocean Group (GOGL)  said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping  in exchange for 1.95 million consideration shares. A statement from the company said: 'Reference is made to the stock exchange notice dated March 14…

Dryships Adds Second Aframax Tanker

May 15, 2017

DryShips Inc, a diversified owner of ocean going cargo vessels, announced that it has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. 'Since the commencement of our acquisition program…

Abu Dhabi Ports Plans Emergency Response Exercise

May 15, 2017

Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi Emergency, Crisis and Disasters Management Team, is preparing to conduct…

Campbell Acquires Barges, Towboats from ACBL

May 15, 2017

Campbell Transportation Company, Inc. said it has signed an agreement with American Commercial Barge Line LLC (ACBL) to acquire certain affreightment contracts along with 155 barges and four towboats that will operate on the Ohio River system…

Coal: India's Energy Mainstay for Next 30 Years

May 15, 2017

Coal will remain India's main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the world's…

Digging Deep for Good News

May 15, 2017

Dredging firms look ahead to more business, here and across the big pond. Along the way, Mother Nature and good business planning will both help. In the waning days of 2016, the outlook brightened dramatically for the big U.S. dredging contractors…

Baltic Index Falls on Lower Iron Ore Demand

May 15, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates.The overall index, which factors in rates for capesize…

SUNY Maritime Graduates 17 to US Navy

May 15, 2017

The afternoon before they received their SUNY Maritime degrees, 17 students received their commissions into the U.S. Navy.Of the 17, two were commissioned as surface warfare officers and, upon graduation, will report to USS Shiloh forward deployed and homeported in Yokosuka…

Saudi Arabia Ratifies BWM Treaty

May 15, 2017

Saudi Arabia has become the latest State to become a Party to the International Maritime Organization (IMO) Ballast Water Management (BWM) Convention. The treaty will enter into force on September 8, 2017 and aims to counter the threat to…

Milaha: NEw Shipping Service Between Qatar & UAE

May 15, 2017

Qatar-based maritime transport and logistics conglomerate Milaha said it has launched a door-to-door shipping service between Qatar and UAE, and vice versa. Mainly targeting SMEs in the automotive spare parts, fashion retail, and the Fast-Moving Consumer Goods (FMCG) sectors…

Peace Boat to Showcase Ecoship at Nor-Shipping

May 15, 2017

Peace Boat will showcase its plans for Ecoship, a unique concept cruise vessel, at Nor-Shipping 2017. The Japanese-based organization, which works to promote peace, human rights, sustainable development and respect for the environment, will…

New Marine Battery System from Leclanché

May 15, 2017

Energy storage solution company Leclanché SA has launched its new Marine Rack System (MRS), a modular, Lithium-ion battery system – the first of its type approved by international certification body DNV-GL under revised rules issued in October…

Richards Appointed CEO For 3Si Group

May 15, 2017

Safety and Survival Systems International Ltd (3Si) has announced the appointment of new CEO, Andrew Richards. Richards joins the group, whose companies include Ocean Safety, Typhoon International, International Safety Products, 3Si Offshore and Revere Survival…

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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Satellogic taps former US geospatial-intelligence chief as president
Indonesia will transfer control of a China-funded rail next year
BHP and union talks for Port Hedland Iron Ore Workers to continue into next week