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Planet Ocean Ink Deal with dotOcean

Apr 24, 2015

Planet Ocean signed an exclusive representation agreement with Brugge based dotOcean at Ocean Business 2015 Southampton.  The agreement covers the UK and Republic of Ireland.dotOcean manufacture and supply a range of systems for the evaluation of sediment and fluid mud for research…

GOST System Tracks Stolen Boat in Abacos

Apr 24, 2015

GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced today the successful recovery of a stolen vessel in the Bahamas.On April 10…

Navios Buys 14 Distressed Ships from HSH Nordbank

Apr 24, 2015

Navios Group has agreed to acquire another 14 vessels from HSH Nordbank in the second major distressed fleet deal between the two parties in the past two years. HSH Nordbank and the Navios Group have signed a binding letter of intent for…

MOL Orders Four Car Carriers

Apr 24, 2015

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a contract covering construction of four next-generation 'FLEXIE' car carriers at Minaminippon Shipbuilding Co., Ltd.  To be delivered in 2017 and 2018, the ships will serve on on MOL's worldwide…

NATO to Open Counter-Piracy Office in Djibouti

Apr 24, 2015

NATO and Djibouti have enhanced their cooperation by signing an agreement to establish a NATO liaison office in Djibouti in support of the Alliance's counter piracy operation, Ocean Shield, in the Gulf of Aden. NATO Deputy Assistant Secretary General for Operations…

Iranian Ships Turn Away from Yemen

Apr 24, 2015

An Iranian convoy, believed to be carrying weapons destined for the Houthi rebels in Yemen, turned around and is headed north towards home country, WSJ quoted as U.S. defense officials saying. The cargo ships, accompanied by two Iranian warships…

IMO Head Predicts Surge in Med Migrants

Apr 24, 2015

Koji Sekimizu, secretary-general of the International Maritime Organization (IMO) said that number of migrants crossing the Mediterranean could surge to 500,000 this year with thousands of deaths at sea if no action is taken against the people who traffic them…

Hamburg Süd Hit by Slowdown

Apr 24, 2015

The Hamburg-headquartered shipping line Hamburg Süd was hit by the economic downturn on the carrier's key markets in Brazil, Argentina and Venezuela. The modest 2 percent increase in cargo volumes is attributed to the less-than-expected…

Cyprus Cabinet Okays Ports Privatisation Framework

Apr 24, 2015

Cyprus is pushing ahead with the privatisation of its ports as part of the nation’s rehabilitation plans which will see a number of state-run entities turned over to the private sector. The Council of Ministers approved amendments to the…

SIPG to Acquire Jinjiang Shipping

Apr 24, 2015

Shanghai-listed Shanghai International Port Group (SIPG) is currently considering acquiring part of the equity stakes in Shanghai Jinjiang Shipping, a container shipping company mainly engaged in China-Japan routes, as part of the group’s comprehensive development strategy…

Seattle to Host Spill Preparedness Conference

Apr 23, 2015

The U.S. Coast Guard and Washington Department of Ecology will host a spill preparedness conference May 20-21 at the Jackson Federal Building in Seattle. The two-day seminar is an opportunity to discuss the latest in spill-recovery theory and technology…

Shell to Lay Off Staff, Contractors in Norway

Apr 23, 2015

Oil producer Royal Dutch Shell will lay off 120 of its 900 workers in Norway and reduce its contractor force by 140 from 350, as low oil prices force it to cut costs, it said on Thursday. Shell said 100 of the staff cuts would be at its…

IMO Joins UN Climate Change Learning Partnership

Apr 23, 2015

The International maritime Oranization (IMO) reports it has joined the United Nations One UN Climate Change Learning Partnership (UN CC:Learn). IMO now enters a partnership of more than 30 UN organizations that have an interest in climate change learning…

FMC Honors Crowley for Green Initiatives

Apr 23, 2015

Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the organization’s companywide environmental stewardship initiatives. The announcement was made during a…

Shipbroker Loses Interest, Secures Commission on Rival Broker Sale

Apr 23, 2015

International Transport Intermediaries Club (ITIC) has recently supported a claim for ship sale commission by a shipbroker wrongly accused by a shipowner of incompetence.The shipbroker had entered into an exclusive commission agreement with a shipowner…

Logistics News

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Urals Freight Rates to India Rise Due to Bad Weather, War Risks

Diana Shipping Plans Proxy Fight at Genco

Diana Shipping Plans Proxy Fight at Genco

16th Annual Maritime Risk Symposium-Student Research Poster Contest

16th Annual Maritime Risk Symposium-Student Research Poster Contest

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Air India and Singapore Airlines have agreed on a 'cooperation frame' to strengthen their relationship
Diana Shipping is ready to nominate six directors for Genco's proxy battle, according to sources
WestJet will no longer offer non-reclinable seats in its economy class after complaints