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Overtonnage, Regulations Bruise Shippers' Confidence

Dec 11, 2014

Overall confidence levels in the shipping industry fell during the three months to November 2014 to their lowest level for two years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…

WW II Merchant Mariners Torpedoed by Congress

Dec 11, 2014

Op-ed by J. Don Horton What the German U-boats couldn’t do in World War II, our U.S. Congress accomplished in one single stroke. They torpedoed the chances of some 30,000 WW II Coastwise Mariners to gain recognition as veterans. This action…

ISS Names Schollaert as Executive VP

Dec 11, 2014

Steve Schollaert has been appointed as Executive Vice President for North America region at Inchcape Shipping Services (ISS), the company announced.Schollaert joins ISS with experience at American President Lines (APL) where he held senior…

Congress Urges Obama to Encourage Ports Resolution

Dec 11, 2014

U.S. Members of Congress Dave Reichert (WA-8), Cathy McMorris Rodgers (WA-5), Doc Hastings (WA-4), Jaime Herrera Beutler (WA-3), Kurt Schrader (OR-5), Greg Walden (OR-2), and Mike Simpson (ID-2) sent a letter to President Obama to ask that he…

Tallink, Meyer Turku Ink LOI for New LNG Fast Ferry

Dec 11, 2014

The trend toward the procurement of high-spec, environmentally friendly vessels continues with news that AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent (LOI) for the construction of an environmentally friendly car-passenger ferry for Tallinn-Helsinki route shuttle operations…

SBM Offshore Cutting 1,200 Jobs Worldwide

Dec 11, 2014

Dutch oil platform leasing company SBM Offshore is cutting 1,200 jobs, or slightly more than 11 percent of its global workforce, as part of a cost-saving programme.The company, which settled a bribery case with Dutch prosecutors for a record $200 million payment last month…

Chevron Takes Cummings on Board

Dec 11, 2014

Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee.John Watson, chairman of the board and chief executive officer of Chevron said…

Gazprom, Siemens to Join Forces

Dec 11, 2014

Berlin hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Joe Kaesar, President and Chief Executive Officer of Siemens.The parties addressed the key issues of the joint activities pointing…

Tse Heads Risk Management, BMT Asia Pacific

Dec 11, 2014

BMT Asia Pacific, a subsidiary of BMT Group has appointed Joanne Tse as Head of Risk Management based in Hong Kong. The new appointment will help support the regional growth of risk consultancy services - principally in the transportation and construction sectors…

Willard Marine to Develop Crystaliner

Dec 11, 2014

Willard Marine, Inc., has acquired the rights to design and manufacture Crystaliner boats, a line of surf and rescue vessels that have been an icon on the West Coast for nearly six decades.Crystaliner was founded in Southern California…

Final Panama Canal Gate Transits

Dec 11, 2014

The Panama Canal Expansion has completed today the transfer of all gates belonging to the new locks of the Expansion in the Pacific side. The last gate that transited today completes the transfer of the eight gates to the Pacific construction side…

International Trade Up 6.8% at Port Everglades

Dec 11, 2014

Port Everglades is experiencing a surge in international trade with a 11 percent increase in TEUs (20-foot equivalent units, the industry’s standard measurement for container volumes) and a 6.85 percent increase in the dollar value of all…

Hytorc Aid Testing of Large Turbines

Dec 11, 2014

Clemson University has recently taken the lead for making strides in large-scale wind turbine energy testing and construction, as the organization is in the process of completing their revolutionary new testing facility, the Clemson University Restoration Institute (CURI)…

FitzWright Liferaft Avaiable in Canada

Dec 11, 2014

The New Fitzwright Liferaft is now available in Canada. FitzWright Survival Inc., has been recognized for over 30 years as one a high quality manufacturer of Life-Saving Equipment in Canada. FitzWright is proud to announce that it has expanded…

AAPA: FY’15 ‘Cromnibus’ Bill Supports Ports

Dec 10, 2014

Significant increases seen for Corps’ seaport programs & EPA’s DERA grants.In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late yesterday, the American Association…

Logistics News

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

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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Air Tanzania will resume its flights to Russia from September 7, after a temporary halt
Son of Sri Lanka's ex-president arrested on corruption charges
German industrial orders are increasing due to large-scale orders