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AMSA GM Elected Chairman of IMO's Safety Committee

Jun 14, 2015

The Australian Maritime Safety Authority’s (AMSA) Navigation Safety and International Relations General Manager Brad Groves has been elected as Chairman of the International Maritime Organization’s (IMO) Maritime Safety Committee for 2016…

Austal Hosts Littoral Combat Ship Gabrielle Giffords Christening

Jun 14, 2015

Austal joined the Honorable Gabrielle Giffords, her husband, retired Navy captain Mark Kelly, and ship’s sponsor Dr. Jill Biden in celebrating the christening of the future USS Gabrielle Giffords (LCS 10) today in Mobile, Alabama. This is the third littoral combat ship (LCS) in Austal’s 10-ship…

LISW15 Lines Up Speakers

Jun 13, 2015

London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September…

IACS's New Rules to Enhance Safety of Large Boxships

Jun 13, 2015

The International Association of Classifications Societies (IACS) has adopted new Unified Requirements that will further improve the safety of Large Container Ships by enhancing consistency between pre-existing Class Society provisions in this area…

Diana Takes a Hit on Charter Extension

Jun 13, 2015

Diana Shipping Inc. specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels…

Peel Ports, JNPT in Historic Partnership

Jun 13, 2015

At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust,  have today…

Harim Acquires Pan Ocean

Jun 13, 2015

South Korean poultry processor Harim Corp. is set to wrap up its purchase of troubled dry bulk carrier Pan Ocean Co. after creditors and shareholders approved a rescue plan for the country's biggest bulk carrier. Harim, partnering with JKL Partners…

Egypt Receives LNG Shipment from Australia

Jun 13, 2015

Egypt received a cargo of liquefied natural gas from Australia after the exporter sent two shipments to the region in the past two years, signaling increasing demand, reports The Daily Star. The Woodside Rogers tanker arrived at Egypt's…

New Suez Canal Almost 84 Pct Complete

Jun 13, 2015

Over 216 million cubic meters of water-saturated sand have been removed so far as part of the Suez Canal Development Project, said Head of the Suez Canal Authority Mohab Mamish. This represents about 84 percent of the total cubic meters that should be dredged as part of the project…

Jerry Kalogiratos New CEO for Capital Product Partners

Jun 13, 2015

Gerasimos (Jerry) Kalogiratos, the Partnership's current Chief Operating Officer and a director of the Partnership, will be appointed as the CEO and CFO effective June 30. Capital Product Partners has announced that Petros Christodoulou…

China Probes Executives of CSIC, COSCO

Jun 13, 2015

China Shipbuilding Industry Corporation (CSIC) and China Ocean Shipping Company (Cosco) are being probed in China’s national anti-corruption scheme, according to a report in the Reuters. The Central Commission for Discipline Inspection…

Norway’s DSD Shipping in Second US Indictment

Jun 13, 2015

Norwegian firm Det Stavangerske Dampskibsselskab AS (DSD Shipping), and four of its employees, are now under three-count indictment returned by a federal grand jury in Lafayette, LA, all relating to alleged environmental crimes and their cover ups…

Tanker Market Full Streams Ahead, Says OPEC

Jun 13, 2015

The dirty tanker market enjoyed a general improving sentiment in May for vessels in all reported classes on the back of high tonnage demand and increased activities.  Clean tanker freight rates declined on average, mainly as freight rates reported on the West of Suez were weak…

Mitsubishi, Seamax JV Closes Debut Shipping Fund

Jun 13, 2015

A joint venture between Mitsubishi Corp subsidiary MC Asset Management and Seamax Partners has held a $300m final close for its debut fund, which will target container shipping. Seamax Partners is the manager of MC-Seamax Management Limited…

Lake Charles Receives New USCG Commander

Jun 12, 2015

The Unites States’ 13th busiest port by tonnage received a new commanding officer Thursday at the Coast Guard Marine Safety Unit in Lake Charles. Cmdr. Monica L. Rochester, previously the chief of prevention at Coast Guard Sector San Diego…

Logistics News

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Shipping Companies Mull Return to Suez Canal

Shipping Companies Mull Return to Suez Canal

Inland Port Dillon Posts Highest Rail Container Moves in 2025

Inland Port Dillon Posts Highest Rail Container Moves in 2025

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