Container Corporation of India (Concor) has formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo, reports Hindu Business Line. The total project value is likely to be about $550-600 million…
Drewry’s Z-score carrier financial stress index sunk to its lowest ever point following the first-half 2016 results. After Hanjin’s bankruptcy shippers are demanding more financial transparency from carriers.There is still much work to be…
ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’…
The Coast Guard rescued three people from a sinking vessel near Dulac, Saturday, October 8, 2016. Watchstanders at Coast Guard Sector New Orleans received a report at 9:42 p.m. of a vessel that was taking on water near Terrebonne Bay.The…
A helicopter crew from Coast Guard Air Station Cape Cod hoisted a climber Saturday from Acadia National Park in Maine.At about 1:45 p.m., a watchstander from the Air Force Rescue Coordination Center, the agency responsible for coordinating inland search and rescue…
Last night the Coast Guard Foundation held its 36th Annual Salute to the U.S. Coast Guard in New York City. The event raised $1.2 million to support important Coast Guard Foundation programs such as scholarships, the Fallen Heroes program and…
The Port of Long Beach and Long Beach Container Terminal have received a Clean Air Award for working to reduce pollution in Southern California with the Middle Harbor redevelopment project.Given by the South Coast Air Quality Management District…
A Coast Guard air crew rescued a kayaker in Lake Superior Friday afternoon.The kayaker’s name and hometown are not being released.At 1 p.m., Coast Guard Sector Sault Ste. Marie, Michigan, received an emergency transmission over marine…
The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration's (NOAA) National Centers for Coastal Ocean Science (NCCOS) have released a new report and interactive map and data sets that highlight what…
The Port of Los Angeles has selected global supply chain and logistics expert Andrew Scott as its executive-in-residence fellow full-time one-year leadership position hosted by FUSE Corps. FUSE Corps is a nonprofit and nonpartisan organization…
The U.S. Coast Guard said it had reopened all commercial ports along Florida's west coast on Friday, while hurricane Matthew continued to lash the northeast coast of the state. Matthew was located about 60 miles (95 kilometers) southeast…
The U.S. Merchant Marine Academy Alumni Association and Foundation (AAF) announced the creation of a Task Force on the Prevention of Sexual Assault and Sexual Harassment to address sexual misconduct at the U.S. Merchant Marine Academy (USMMA)…
Together TT Club and FIATA celebrate the achievements of young freight forwarders working for logistics companies around the globe at the FIATA Annual Congress each year. As announced at the World Congress in Dublin, the winner of the 2016 Young…
On Thursday, October 6th, 2016, Bouchard Transportation Co., Inc. President & CEO Morton S. Bouchard III was honored at the Coast Guard Foundation 36th Annual Salute to the United States Coast Guard National Awards Dinner, in New York City.Mr…
ClassNK said it has begun operational trials for “ClassNK e-Certificate”, a comprehensive system to provide ships’ class certificates and statutory certificates issued on behalf of flag states in electronic format. The use of electronic…
