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Latest News - page 1202

 

Flores Named VP at NETSCo

May 09, 2017

Engineering, design and maritime consulting services provider NETSCo, Inc. has recently promoted Jan Flores to vice president, and welcomed new additions Trish McIntyre as engineering manager and Matt Davidson as junior naval architect/marine engineer…

Flexport & the Changing Face of Shipping Logistics

May 09, 2017

Ryan Petersen and his Flexport team are seeking the help re-write the global logistics playbook. Ryan Petersen is the founder and CEO of Flexport. He is also the founder and ex-CEO of ImportGenius.com, the largest provider of business intelligence to the import-export industry…

Frangou to SUNY Maritime Grads: Take Risks

May 09, 2017

On a rainy day in May, 230 graduates at SUNY Maritime College’s commencement ceremony were encouraged to take risks, embrace failure and leave their comfort zones. Angeliki Frangou, chairman and CEO of the Navios Group, applauded the students for the leadership skills…

Baltic Index Up On Higher Capesize Rates

May 09, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crawled up for the second straight session on higher rates for capesize vessels.The overall index, which factors in rates for capesize…

Markel International Appoints Kristiansson in Singapore

May 09, 2017

Markel International Singapore, the specialist insurer, has appointed Gustaf Kristiansson as marine underwriter based in Singapore. Kristiansson joins the Singapore office from Markel International’s Sweden office where he held the same position…

Major Upgrade to ISF Watchkeeper

May 09, 2017

The International Chamber of Shipping (ICS) and IT Energy have launched the latest release of the ISF Watchkeeper software – ISF Watchkeeper 3.5 – developed for maintaining records of individual seafarers’ work hour records, as required by IMO and ILO regulations…

Kenny to Take the BMT Helm

May 09, 2017

When BMT Group Ltd (BMT) current CEO Peter French retires in September, he will be succeeded by  Sarah Kenny, who joins BMT on August 1. “Sarah is well qualified to take on this role,' said BMT’s Chairman, Sir John Hood. 'She is ambitious for…

Strike to Disrupt Operations at Jakarta's Main Port

May 09, 2017

A union workers' strike next week is expected to disrupt shipping operations at Jakarta's main port, which handles the bulk of international shipments for Southeast Asia's biggest economy, a labour union official said. Around 2,000 union…

Akzo Nobel Rejects Third PPG Takeover Bid

May 08, 2017

Marine coating major AkzoNobel announced it has declined a third unsolicited, non-binding and conditional proposal submitted by PPG Industries on April 24, 2017, for all outstanding ordinary shares in the capital of AkzoNobel. A statement…

Demand for Chemical Tanker Fleet Looks Up

May 08, 2017

Demand for methanol and vegoil will moderately support global seaborne trade causing the shipping fleet trading in chemicals and vegoils to expand, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry…

Bahri, Hyundai Heavy Pact for Big Data Initiatives

May 08, 2017

The National Shipping Company of Saudi Arabia (Bahri)  has signed a Memorandum of Understanding (MoU) with Hyundai Heavy Industries (HHI) Group to harness Big Data and technological innovation in the maritime industry.  HHI Group is the…

Eagle Bulk Shipping Reports Q1 Loss

May 08, 2017

Eagle Bulk Shipping reported a loss of $11.1 million in its first quarter. It posted revenue of $45.9 million in the period.Gary Vogel, Eagle Bulk's CEO, commented, “During the first quarter, Eagle finalized the acquisition of 9 Crown-63 Ultramax…

Scorpio to Sell Two MR Product Tankers

May 08, 2017

Scorpio Tankers, provider of marine transportation of petroleum products, announced that it has reached an agreement with an unrelated third party to sell two of its 2013 built MR product tankers (STI Sapphire and STI Emerald) for approximately $56…

Day of the Seafarer 2017

May 08, 2017

In less than two months, the Day of the Seafarer 2017 will be celebrated across the globe with a special focus on ports and seafarer centres.  Under this year’s theme #SeafarersMatter, the campaign aims to engage the people working in ports…

SC Ports Reports Best April for Box Volumes

May 08, 2017

South Carolina Ports Authority (SCPA) announced its strongest April container volumes on record, with 189,315 twenty foot-equivalent units (TEUs) handled last month.  In addition to being the strongest April in SCPA history, last month's volumes were the second-highest ever handled by the port…

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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