UK politicians and the general public have demonstrated overwhelmingly that they recognize shipping as the biggest mover of the nation’s imports and exports, according to a new study commissioned by the UK Chamber of Shipping. Guy Platten…
FSL Trust Management (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), reported a net profit of $3.4 million for the three months ended March 31, 2017, compared to $2.3 million reported in 1QFY16. This positive result was achieved despite challenging industry conditions and a 17…
The European Sea Ports Organisation (ESPO) issued a statement to contribute to the Commission’s Maritime Year and to follow up on the Valletta Declaration, the ministerial declaration on maritime transport, adopted on March 28 focusing on competitiveness…
Golden Ocean Group Limited has taken delivery of dry bulk vessel Q Kennedy, to be renamed Golden Kennedy. The vessel is the third of 16 dry bulk vessels recently acquired by Golden Ocean in an all-share transaction where the company will issue in aggregate 17…
AWO testifies before Congress on dangers of foreign carrier alliances negotiating collectively with U.S. tugboat operators Tom Allegretti, President & CEO of The American Waterways Operators, testified before the House Transportation & Infrastructure…
Egypt, traditionally a rice exporter, has contracted to purchase 20,000 tonnes of Indian rice, a cabinet statement said on Wednesday. The government statement did not explain why it had contracted to buy the rice. But in December, the government…
“Port Houston handled close to 10 million tons of total tonnage, reflecting an increase of eleven percent over 2016,” Port Houston Executive Director Roger Guenther announced during the April meeting of the Port Commission of the Port of Houston Authority…
Reps. Green, Wittman introduce Domestic Maritime Centers of Excellence Act New legislation introduced his week intends to advance the capabilities of two-year community and technical colleges to assist the federal government and industry…
Royal Caribbean International announced it will return to New Orleans with a seasonal home-based cruise ship in late 2018. The 915-foot Vision of the Seas will sail seven-night itineraries to destinations across the Bahamas and Yucatan Peninsula…
New shipping alliances that came into effect a month ago are unlikely to increase ocean freight competitiveness between the United States and its NAFTA partners, said online freight forwarder iContainers.According to data released by the U…
Shipments of limestone on the Great Lakes totaled 1,630,081 tons in April, a decrease of 16.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reports. Loadings also trailed the month’s five-year average by 22.4 percent…
On April 25 Damen’s IMO certified InvaSave ballast water management system (BWMS) received its world premiere in front of an invited audience courtesy of Groningen Seaports at the harbour of Delfzijl and Eemshaven, The Netherlands. This marks…
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding the FMC Decision: Yesterday, I voted to reject the Tripartite Agreement proposed by Kawasaki Kisen Kaisha, Ltd. (K Line); Mitsui O.S.K. Lines Ltd…
African Marine Solutions Group (AMSOL) has been awarded two recent milestone contracts following the acquisition of SMIT Amandla Marine in December 2016 AMSOL has been awarded a five-year contract by the South African Department of Transport…
The containership charter owner Global Ship Lease (GSL) has reported first-quarter net income of $6.8 million. Its revenue stood at $39.6 mln for the Quarter. Ian Webber, Chief Executive Officer of Global Ship Lease, stated, 'During the first quarter of 2017…
