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Staff to Strike at Vopak after Wage Talks Break Down

Apr 14, 2015

Unions at Dutch oil storage company Vopak said staff would begin a series of strikes at the company's terminals after talks aimed at securing improved employment conditions for 800 staff broke down on Tuesday afternoon. A union official…

New Operations Director for CTI Marine

Apr 14, 2015

Maritime travel specialist CTI Marine has appointed Steve Harrop as Operations Director.  Harrop joins the company from Dubai based Destinations of the World Travel, a global distributor of hotel accommodation and other ground related travel…

Vallihu Named Chief Executive of S. African Ports

Apr 14, 2015

South African port authority, Transnet National Ports Authority, has appointed Richard Vallihu as its new Chief Executive, following the retirement of Tau Morwe. Richard Vallihu took up the reins as Chief Executive of South African port authority…

ClassNK Opens Office in Cadiz

Apr 14, 2015

ClassNK has opened a new exclusive survey office in Cadiz, Spain with operations beginning today.Cadiz is a port city located in south-western Spain home to well-established shipyard facilities. The Cadiz Office joins an existing network of five survey offices throughout Spain in Bilbao…

Gomtec to Drive ABB's Robotics Portfolio

Apr 14, 2015

ABB announced today acquired Gomtec GmbH to expand its offering in the field of collaborative robots. The parties agreed not to disclose financial terms of the transaction.Gomtec, based near Munich, Germany, is a privately held company that develops mechatronic systems combining mechanical…

Box Ship Freight Rates Fall on Declining Chinese Exports

Apr 14, 2015

Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week.On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i…

Sakhalin-1 Sets Another Extended Reach Drilling Record

Apr 14, 2015

Rosneft as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field.O-14 production well was drilled with Orlan drilling platform in direction of the field’s south-eastern point…

Indonesia Needs Maritime Maneuvers with the US in South China Sea

Apr 14, 2015

The United States and Indonesia held naval exercises near the Natuna Archipelago in the East China Sea, near target China, and the Government in Jakarta hopes that in this region will be constantly carried out military maneuvers, says a Reuters report…

Yemen Conflict: Shipping Lines Pull Back

Apr 14, 2015

The Saudi Arabian-led coalition of anti-Houthi forces attacking Yemen has tightened the blockade on Yemen's ports affecting shipping activity including the delivery and loading of oil and gas shipments.  Ships are unlikely to be able to…

Milaha and UACC Mull Tanker Fleet Merger

Apr 14, 2015

Qatar Navigation (Milaha) is in talks with United Arab Chemical Carriers Ltd. (UACC) in the United Arab Emirates (UAE) regarding a possible combination of their respective product and chemical tanker businesses.   Currently Milaha operates…

Cuban Port Eyes Pact with Panama Canal expansion

Apr 14, 2015

The Port of Mariel, Cuba, aims to become the best choice transshipment in the region from the Panama Canal expansion. According to the Mariel terminal sources, 'The port has possibility to connect with everyone from the Panama Canal expansion'…

Hapag-Lloyd and the Chinese port of Shenzhen Pact to Reduce Port Emission

Apr 14, 2015

Hapag-Lloyd and the Shenzhen Port Green Convention have entered into an agreement to cut back on sulphur oxide while the company's vessels are docked at port. 'By joining the Shenzhen Port Green Convention, Hapag-Lloyd has demonstrated its commitment to environment…

Singapore Registers Double-Digit Bunker Fuel Sales Growth

Apr 14, 2015

Maritime and Port Authority (MPA) of Singapore said that Singapore bunker fuel sales rose 5.34% month on month and up 12.33% year on year, to 3.58 million mt in March reports Platts. The vessel arrivals in Singapore for bunker fuel rose to 3…

Philippines: China Reclamation Damaging Reefs

Apr 14, 2015

The Department of Foreign Affairs (DFA), Philippines said China’s massive reclamation activities in the South China Sea have destroyed 300 acres of coral reef systems, which may lead to an estimated $100 million in annual economic losses in coastal states…

Arctic Yacht Race from New York to Victoria

Apr 14, 2015

Extreme Arctic yacht race planned  a race through the Northwest Passage, from New York to Vancouver Island, is possible only because of sea-ice melt, the organizer says. Sailing The Arctic Race (STAR) is launching an extreme sailing race…

Logistics News

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

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Air India and Singapore Airlines have agreed on a 'cooperation frame' to strengthen their relationship
Vietnam aims to borrow $5.5 billion from abroad by 2026 in order to boost infrastructure development
Wall Street Journal, January 16,