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Latest News - page 1207

 

Pacific Maritime Sector Lures Women

Apr 29, 2017

Regional commitment of the Pacific on the advancement of women and gender equality in the maritime sector was at the forefront of a meeting held by The Pacific Women in Maritime Association (PacWIMA) in Nuku’alofa, Tonga, April 24-28.  Thanks…

Singapore Rolls Out LNG Bunkering Standard

Apr 29, 2017

The first Singapore Technical Reference (TR) 56 for Liquefied Natural Gas (LNG) Bunkering was launched by the Maritime and Port Authority of Singapore (MPA), SPRING Singapore and the Standards Development Organisation @ Singapore Chemical Industry Council (SDO@SCIC)…

New Services for Sweden's Forestry, Steel Exports

Apr 29, 2017

APM Terminals Gothenburg has announced a new service designed to accelerate and improve Sweden’s supply chains in the forestry and steel export sectors.  As part of the company’s SEK 250 million container terminal investment plan, a new specialized…

MOL Rolls Out 'Rolling Plan 2017'

Apr 29, 2017

Mitsui O.S.K. Lines (MOL) has formulated a new management plan starting from fiscal 2017. In formulating the plan, it first devised a vision for the MOL Group 10 years from now (2027), along with a long-term course for management, and then…

Diana Charters out Sagitta to Hapag-Lloyd

Apr 28, 2017

Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hapag-Lloyd AG, Hamburg, for one of its Panamax container vessels, the MV Sagitta. The gross charter rate is $9…

Seattle Kicks Off Its Biggest Cruise Season

Apr 28, 2017

The Port of Seattle has kicked off its biggest cruise season yet with more than one million revenue passengers on 218 vessels, making Seattle the biggest cruise port on the West Coast. The cruise industry in Seattle is responsible for over $500 million in economic impact to the region…

Mombasa's Port Traffic Up 2.4% in 2016

Apr 28, 2017

Container traffic through Mombasa, Kenya's biggest port, increased by 2.4 percent in 2016 after the opening of a new section of the port's second container terminal, port management said on Friday.The biggest port in East Africa and the region's trade gateway…

New Sensors Monitor Temp of Dangerous Goods

Apr 28, 2017

Nexiot AG is customizing its zero-maintenance smart sensor system for Bertschi Group’s tank containers, to monitor the temperature of dangerous goods and help ensure safe delivery of consignments. The data is then sent to a control system…

Maersk to Pay $4 Bln for Hamburg Sud

Apr 28, 2017

The world's biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday. Combined, the two companies will be able to realise annual operational savings of about $350 million to $400 million…

BW Offshore to get FPSO from Keppe

Apr 28, 2017

Keppel Shipyard Ltd (Keppel Shipyard), is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to BW Catcher Limited, a wholly-owned subsidiary of BW Offshore. When completed BW Catcher will be on a 7-year fixed…

Hyundai Heavy Sails Back to Profit in Q1

Apr 27, 2017

Hyundai Heavy Industries (HHI) has posted a net profit of KRW462.3bn ($409.6m) for the first quarter of 2017, making it the fifth consecutive quarterly profit for the group. This represents a surge of 90% from the previous corresponding quarter…

DSME Turns Profit in Q1

Apr 27, 2017

Daewoo Shipbuilding & Marine Engineering (DSME) swung to the black in the first quarter of the year from a year earlier, largely thanks to cost-cutting measures, reports Yonhap. The Korean shipyard reported an operating profit of 292 billion won ($257…

Cox Takes over as Matson Board Chairman

Apr 27, 2017

Matson, Inc. president and chief executive officer Matthew J. Cox will succeed retiring chairman of the board Walter A. Dods, the company announced today. The appointment becomes effective at the end of the company's annual shareholders’ meeting today…

New Seafarer Social Network App Launched

Apr 27, 2017

The eMaritime Group have launched a free social network app eMaritime Exchange for Apple and Android. Developed by seafarers for seafarers, the focus of the app is solely on improving the lives of mariners around the world. From breaking…

SUNY Maritime's DeFalco Awarded for Excellence in Teaching

Apr 27, 2017

Elissa DeFalco, an associate professor of humanities at SUNY Maritime College, has received a Chancellor’s Award for Excellence in Teaching from the State University of New York this year.The award was given in recognition to her dedication to the success of her students…

Logistics News

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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

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MISO launches fifth Fast-Track Study Cycle for 7.3 GW Power Projects
GE Aerospace buys castings manufacturer CPP for almost $12 billion
French energy unions are threatening strikes in the next week due to a proposal to reduce benefits and pay