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Latest News - page 1252

 

Sovcomflot tankers Move one mi tonnes oil from Novy Port O&G condensate field

Jan 30, 2017

Sovcomflot’s three unique Arctic shuttle tankers, of the Shturman Albanov series, have now transported one million tonnes of crude oil produced at the Novy Port oil and gas condensate field, from the Gulf of Ob (Kara Sea) to the port of Murmansk…

Wärtsilä BWM Systems for CMA CGM Newbuilds

Jan 30, 2017

Four new 3,300 TEU containerships being built for the French shipping group CMA CGM will feature Wärtsilä Ballast Water Management Systems (BWMS). This is the third series of vessels for which the same owner has selected the Wärtsilä BWMS solution…

2016 brings lowest GDP growth rate since financial crisis began - BIMCO

Jan 30, 2017

In terms of global economic recovery, 2016 has been the year with the lowest GDP growth rate since the financial crisis began in 2009. Amongst many landmark events, the slowdown for GDP growth in 2016 stemmed from weaker US activity in the first half of 2016…

PIL Sign MOU with Guangzhou Nansha Development Zone

Jan 30, 2017

A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future…

Florida Ports Drop Plans to Ink Pacts with Cuba

Jan 28, 2017

Two Florida ports have canceled plans to sign cooperation pacts with Communist-ruled Cuba after state Governor Rick Scott threatened to cancel their funding if they did business with the 'Cuban dictatorship.'The news comes as Cuba watchers…

AAPA ‘Encouraged’ By Senate Dems’ Infrastructure Plan

Jan 28, 2017

The American Association of Port Authorities (AAPA) – the recognized and unified voice of America’s seaports – is encouraged by the release yesterday of the infrastructure investment outline by Senate Minority Leader Chuck Schumer (D-NY) and Senate Democrats…

High growth in logistics ecosystem around Radicatel - Port-Jérôme

Jan 28, 2017

New synergies are being created at Radicatel in the port precinct of HAROPA - Port of Rouen. The Radicatel logistics eco-system, recently consisting of the SEATRADE shipping line and the KATOEN NATIE Group, has now been further consolidated with the arrival of the PANHARD Group…

Halifax Port Gears for Busiest Cruise Season

Jan 28, 2017

The 2017 cruise season in Halifax will be the busiest to date. A record number of passenger visits and vessel calls will get underway on April 24, 2017 with the arrival of the Amadea, a Phoenix Reisen vessel. “We are very excited about the year ahead…

No Cash: PDVSA Tankers Stuck Off Venezuela

Jan 27, 2017

More than 4 million barrels of Venezuelan crude oil and fuels are stuck in tankers in the Caribbean because Venezuela’s state-run oil firm cannot afford to pay for cleaning dirty tankers and port inspections, Reuters reports, quoting internal company reports and Reuters tanker tracking data…

Eletson, Evergas Form Shipping Alliance

Jan 27, 2017

Eletson Gas and Evergas announced an alliance of the two companies that will trade the companies’ semi-ref/ethylene capable vessels.  The new venture, to be called the E3 Pool, will commence trading on the 30th of January from the Eletson…

Asahi/America Promotes Van

Jan 27, 2017

Thermoplastic fluid flow technology company Asahi/America, Inc. has promoted Rodney Van to industrial business development manager for the eastern and central regions effective January 1, 2017. Based out of North Carolina, Van will lead…

Matson Announces Quarterly Dividend

Jan 27, 2017

The Board of Directors of Matson, Inc., a U.S. carrier in the Pacific, today declared a first quarter dividend of $0.19 per common share.  The dividend will be paid on March 2, 2017 to all shareholders of record as of the close of business on February 9, 2017.

CORE EU Project: Assessing the Intermodal Supply Chain

Jan 27, 2017

The EU sponsored R&D project CORE (Consistently Optimized REsilient Secure Global Supply-Chains) began in 2014. Along the way, it analyzes the use of EGNOS and Galileo for the intermodal transport of dangerous goods, assessing its ability to deliver optimum safety…

WCI Releases Series of Educational Videos

Jan 27, 2017

Waterways Council, Inc. (WCI) has developed a series of videos aimed at educating audiences about the importance of inland waterways infrastructure and of the Navigation & Ecosystem Sustainability Program (NESP).  As part of this campaign, WCI has produced four videos…

New Appointments at Duluth Seaway Port Authority

Jan 27, 2017

At its first meeting of 2017, the newly seated St. Louis County (SLC) Board appointed two new commissioners to the Duluth Seaway Port Authority—Patrick Boyle and Pete Stauber. They will complete remaining terms of former commissioners Chris Dahlberg and Steve Raukar…

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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State media: At least 20 dead in fire on cargo ship at China shipyard
Saudi Arabia says there is no danger following the Khamis Muhait alert amid clashes between Houthis and Houthis
Ryanair CEO: Winter fares could rise after a slight increase