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Latest News - page 1272

 

Members Support IMCA's Governance Update

Dec 20, 2016

Corporate governance has been a topical subject in the commercial world for many years. Now the association world is catching up. One that has seized it with enthusiasm is the International Marine Contractors Association (IMCA) with the result…

Great Lakes/Seaway Iron Ore Trade Up in November

Dec 20, 2016

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in November, an increase of 13 percent compared to a year ago, Lake Carriers’ Association (LCA) reported. Shipments were also slightly ahead of the month’s five-year average…

“K” Line Launches China Vietnam Indonesia Service

Dec 20, 2016

KAWASAKI KISEN KAISHA, LTD. (“K” Line) has  announced its new containership service of “China Saigon Indonesia Services (CSI)”.  The service will have direct port coverage from China to Ho Chi Minh, Vietnam and Indonesia, ensuring faster transit times to Ho Chi Minh…

OPOL Announces Executive Team Appointments

Dec 20, 2016

The body responsible for the offshore oil and gas industry’s voluntary pollution compensation scheme has announced two appointments to its executive team.The Offshore Pollution Liability Association Limited (OPOL) has appointed a new managing director…

Noonan Named CMA's 2017 'Commodore'

Dec 20, 2016

This morning CMA announced that Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers, has been named as the CMA Commodore for the year 2017. Noonan joins a presigious list of previous award winners, including Ole Skaarup, Jacob Stolt-Nielsen, George Livanos…

Conrad’s Kinkle Retires after 51 Years

Dec 20, 2016

Conrad Shipyard’s Johnny Kinkle has retired in December after 51-years in shipbuilding. Kinkle went to work for Conrad on December 2, 1969, and for five decades his reply to any request was, “No problem, babe. Whatever the customer wants…

Royal HaskoningDHV Appoints Two Corporate Directors

Dec 20, 2016

Royal HaskoningDHV appoints two new leaders at Corporate level for Finance & Control and Global HR Services: Jasper de Wit has been named Corporate Director Finance & Control per January 1, 2017, and Abhishek Kaushal has been appointed to lead Global HR Services per December 12…

COSCO, HPH Terminal Deal in Hong Kong

Dec 19, 2016

Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT), and Asia Container Terminals Limited (ACT) have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4…

ZIM Announces Upgraded Lines Structure

Dec 19, 2016

In order to improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing…

HMM Looks for Profit in Q1

Dec 19, 2016

Hyundai Merchant Marine Co. (HMM) expects its profitability to improve slightly in the first quarter of next year on the back of an improvement in freight rates and its cost-cutting measures, reports Yonhap, quoting its chief executive Yoo Chang-keun…

Go Ahead for Brownsville Ship Channel Deepening

Dec 19, 2016

President Barack Obama signed into law the Water Resources and Development Act (WRDA) of 2016, authorizing the Brownsville Ship Channel deepening project, making it eligible for federal funding, as announced by the Port of Brownsville. The Brazos…

Terragon Trash Tech for BigLift Ship

Dec 19, 2016

Terragon Environmental Technologies Inc. and Marship Engineering entered into a contract with Zhejiang Ouhua Shipbuilding China to supply a MAGS V8 for the new build vessel mv Happy Sun of Netherlands based BigLift Shipping (a member of the Spliethoff Group)…

Libya's Es Sider Port: First Crude Cargo in 2 Years

Dec 19, 2016

An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said. Es Sider, Libya's biggest export terminal, had been shut due to a blockade by a military faction since 2014…

Ice breaking Begins in Great Lakes

Dec 19, 2016

U.S. Coast Guard Sector Sault Sainte Marie commenced Operation Taconite Monday in response to developing ice conditions in the commercial ports of western Lake Superior and the St Marys River.   Operation Taconite is the Coast Guard’s largest domestic ice-breaking operation…

GPA Marks 6.5% November Growth

Dec 19, 2016

Fueled by a strengthening export market and a busy peak holiday season, the Georgia Ports Authority reported for the month of November a 6.5 percent increase in total container traffic. 'Last month capped an active peak season, with November import and export cargo growing significantly…

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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Myanmar's Mandalay Airport shuts down after drone attack
New York Times Business News - September 11,
GasBuddy reports that the average US diesel price has crossed $6 per gallon for first time.