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Latest News - page 1811

 

Colombia Frees Chinese Ship with Weapons for Cuba

Apr 22, 2015

Colombia has licensed a Chinese Language ship to set sail after it was caught carrying One Hundred tonnes of explosives to Cuba illegally, the prosecutor’s workplace stated, though it continues to carry the vessel’s captain pending a felony investigation…

S. Korea Okays Salvage Sunken Sewol Ferry

Apr 22, 2015

South Korea has approved plans to salvage a sunken ferry that capsized last year in the Yellow Sea killing over 300 people, Public Safety and Security Minister Park In-yong said.  Last April's disaster happened off the southern coast of Jindo…

South East Asia Still Hotspot for Piracy

Apr 22, 2015

One coastal tanker is hijacked every two weeks on average in Southeast Asia making it the most dangerous seas, the latest piracy report from the International Maritime Bureau (IMB) has warned. The IMB says more than half of all sea pirate…

Banks: Vessel Financing Increasingly Based on Energy Efficiency

Apr 22, 2015

Banks are beginning to recommend efficiency retrofits to shipowners, and are using energy-efficiency data in deciding which vessels they finance—and which they won’t, says a survey conducted by  Carbon War Room.  If this trend continues…

Transocean Appoints Jeremy D. Thigpen President & CEO

Apr 22, 2015

The CFO of Houston-based National Oilwell Varco Inc. (NOV) is stepping down to become CEO of Transocean Ltd. (RIG), one of NOV’s largest customers. Effective April 22, Jeremy Thigpen will become CEO of Switzerland-based Transocean, which has its main U…

FMC Chairman Addresses PEMA Ports Program

Apr 21, 2015

U.S. Federal Maritime Commission (FMC) Chairman Mario Cordero addressed the Professional Environmental Management Association (PEMA) at its Annual Ports Program held in Seal Beach, California. The Chairman spoke on the subject of congestion at U…

PPG’s PMC Certified as RCEP Education Provider

Apr 21, 2015

Two training modules certified for Professional Development Hours by ACEC PPG Industries’ protective and marine coatings (PMC) business has been certified as a Registered Continuing Education Provider (RCEP) of the American Council of Engineering…

US Ports Boost Economic Impacts

Apr 21, 2015

Since last nationwide analysis in 2007, U.S. seaport contributions to economy up dramatically  Lancaster, Pa.-based Martin Associates, a provider of economic and strategic assessments of the world’s transportation systems, released the results…

Huisman Opens Production Facility in Brazil

Apr 21, 2015

Huisman officially opened its new production facility in Navegantes, Santa Catarina state, in the south of Brazil on Thursday, April 16. The facility is used for the manufacturing of offshore equipment for the Brazilian market. It is located along the Itajai-Açu river…

Coast Guard Drops Medical Supplies to Injured Crew

Apr 21, 2015

A U.S. Coast Guard (USCG) aircrew dropped medical supplies to a Colombian fishing vessel 900 miles northwest of Galapagos Island, Sunday, the USCG informs. At approximately 10 p.m., Saturday, Coast Guard 11th District watchstanders received…

CD-adapco Opens New Office in Japan

Apr 21, 2015

CD-adapco, the largest privately held CFD-focused provider of Computer Aided Engineering software, has announced the opening of a third Japanese office location in Nagoya.Nagoya, a historical city and hometown of Shogun Tokugawa as well…

Gibbs & Cox Names Hans VP, Platform Solutions

Apr 21, 2015

Gibbs & Cox, Inc. announced the appointment of Matthew P. Hans as Vice President of the Platform Solutions Group.In this role, Hans will be responsible for profit and loss, financial management, and cost and schedule control for all Platform Solutions programs…

Cheaper Fuel to Boost Container Shipping

Apr 21, 2015

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.Container shipping companies deal with the volatility in fuel prices by adding a separate…

TMR Unit MarCom Integrates with MCP

Apr 21, 2015

Telenor Maritime Radio’s (TMR) business unit for the commercial maritime communications market, MarCom, integrates with Maritime Communications Partner (MCP).  The internal transfer in Telenor, effective from June 1, 2015, strengthens MCP with expert competence on maritime communications…

Shipping Industry Calls for Urgent Action in Migrant Crisis

Apr 21, 2015

Following the meeting of EU Foreign and Interior Ministers in Luxembourg yesterday (20 April) the European and global shipping industries have welcomed the increased attention that all EU Member States are giving to the humanitarian crisis in the Mediterranean…

Logistics News

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

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Wizz Air and Ryanair demand NATS overhaul following UK flight disruption
Treasury website shows that the US has issued new sanctions against Iran.
US watchdog will review whistleblower warnings on voting rules