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Latest News - page 1240

 

Harley’s Latest tug begins service

Feb 23, 2017

The latest addition to the Harley Marine fleet is now completing sea trials and preparing to enter service. The “M/V Earl W. Redd” will be operated under the flag of the Olympic Tug & Barge unit of Harley. The 120 foot tractor tug, built by Diversified Marine Inc…

Damen Shiprepair Cuts 150 Jobs

Feb 22, 2017

Damen Shiprepair & Conversion (DSC) plans to lay off around 150 workers as part of its reorganisation program at three Dutch yards within its group. All employees at the three locations — Damen Shiprepair Rotterdam (DSR), Damen Shiprepair…

Tauranga Port Aims to Handle a Million Cargo Containers

Feb 22, 2017

New Zealand's largest freight gateway Port of Tauranga says it is on track to break the country's record for transporting more than one million containers in a single year. 'Our results show the Port of Tauranga is continuing to reinforce its position as the country's premier freight gateway…

Davao Terminal Outfits with Navis

Feb 22, 2017

Navis and Davao International Container Terminal (DICT) announced that the terminal has gone live with the Navis N4 terminal system.  Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock…

APM Terminals Boosts Investment in Port Elizabeth

Feb 22, 2017

APM Terminals has significantly increased its previously announced USD $70 million investment plans for the APM Terminals Port Elizabeth facility, and now plans an investment total of USD $200 million.  This figure includes ordering four…

USCG Awards Polar Icebreaker Contracts

Feb 22, 2017

The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group…

Cocoa Beans Rot in Ivorian Ports as Buying Slows

Feb 22, 2017

Up to 20,000 tonnes of cocoa is rotting at Ivory Coast's ports and might not be sold as a wave of defaults by exporters has slowed buying, exporters and truckers told Reuters on Wednesday. The top cocoa producer's Coffee and Cocoa Council (CCC) acknowledged earlier this month that some firms…

Mistry Resigns as a Director of Bumi Armada

Feb 22, 2017

Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad  has announced that its Non-Executive and Non-Independent Director, Shapoorji Pallonji Mistry, has resigned from the Board of Directors of the Group…

US-flag Cargo Movement on Lakes Little Changed in January

Feb 22, 2017

U.S.-flag Great Lakes freighters (lakers) moved 2.1 million tons of dry-bulk cargo in January, a decrease of 125,000 tons compared to a year ago, according to the Lake Carriers’ Association  (LCA). This January’s float was down nearly a quarter from the month’s five-year average…

Higher Shipping Rates Boost Baltic Index

Feb 22, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday due to strengthening rates across all vessel segments.The overall index, which factors in rates for capesize, panamax…

ZIM to Add a Second Asia-Pacific North West String

Feb 22, 2017

ZIM has announced that starting April 2017 (subject to FMC approval) an additional Asia-PNW service will join the ZIM’s Asia - Pacific North West service, which was previously announced. The new service will be named Zim Pacific North (ZPN)…

Inland Waterways Conference Set for Cincinnati

Feb 22, 2017

The 2017 Inland Waterways Conference is set to be held in scenic Cincinnati, Ohio, from March 6-8, 2017 at the Hyatt Regency Cincinnati.The event will feature full days of hot topics and VIP speakers to address emerging inland waterways topics and trends…

DryShips Sails Back into Tanker Market with Two Modern Vessels

Feb 21, 2017

Greek owner of drybulk carriers DryShips Inc. has announced that it is re-entering the tanker shipping market as it agreed to purchase an Aframax tanker and a very large crude carrier (VLCC). DryShips has entered into agreements with unaffiliated third parties to acquire: -  One 113…

Containership Deliveries: Turning A Corner?

Feb 21, 2017

Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and 2015, says a report from Clarkson Research Services. If deliveries…

Asbestos on Board

Feb 21, 2017

What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos.  Asbestos is a natural fiber that was mined for use in construction and household products. It became…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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