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MTN Builds Houston Team

Nov 03, 2014

MTN Communications (MTN) is building a business development and technical team in Houston in response to 20 percent year-over-year growth in oil and gas vessels served, the company said.“Building our Houston team is one more investment in…

Freight Rate Peak Forecasted for 2016

Nov 03, 2014

The supply/demand imbalance that drove dry bulk markets down to 2009 levels during the first half of the year is set for adjustment, with Newport Shipping Group predicting an improved tonnage balance over the next couple of years, resulting in a freight rate peak in the 2016/2017 period…

Direct Search Asia Launches in Singapore

Nov 03, 2014

A new recruitment business catering for the specialist recruitment needs in the shipping, maritime, logistics and oil and gas sectors has been launched in Singapore.Headed up by Managing Director Jason Tay, Direct Search Asia will seek to…

St. Lawrence Seaway Arbitration May Avert Strike

Nov 03, 2014

The union that represents workers along the St. Lawrence Seaway has agreed to take a contract dispute to arbitration, avoiding a strike that would have shut the waterway linking the Great Lakes and the Atlantic Ocean.The union, Unifor, announced the news in a statement on Sunday evening…

Bosphorus Strait Traffic Suspended as Boat Sinks, At Least 24 Dead

Nov 03, 2014

Rescuers pulled 24 bodies from the sea at the mouth of Istanbul's Bosphorus strait on Monday and rescued seven people after the sinking of a boat carrying migrants including children, the Turkish Coastguard Command said.Tens of thousands of migrants from Africa…

“Intra-Mediterranean Container Trades” Update

Nov 03, 2014

Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings of the new report are discussed here below.Intra-Mediterranean (2014) Container…

CMA CGM Relocates in Copenhagen

Nov 03, 2014

CMA CGM Denmark’s office in Copenhagen is shifting  from Monday, November 3rd, 2014 onwards. It new address will be: CMA CGM DENMARK ASSluseholmen 2DK-2450 Copenhagen SVDENMARKPhone and fax numbers remain unchanged:Phone: +45 3912 7100Fax: +45 3916 1672

Rolls-Royce Notifies Total Voting Rights

Nov 03, 2014

In accordance with DTR 5.6.1 of the FCA's Disclosure and Transparency Rules (DTR), the Company is required to notify the market of its total number of voting rights and capital as at the end of each calendar month. The issued share capital of the Company is comprised of the following:- 1…

New Abu Dhabi Ship Repair Yards Operational

Nov 03, 2014

Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations and has carried out afloat and dry docking jobs on more than thirty vessels…

HMS Global Maritime 5th fastest Growing Firm

Nov 03, 2014

Each year, Louisville Business First, a weekly business publication in Louisville, KY, releases a list of the fifty fastest growing privately-held companies in the area. The list represents a wide variety of companies who are ranked by growth percentage over the past three years…

Capuco is Chief Naval Architect of Gibbs & Cox

Nov 03, 2014

Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect.  In this role, Capuco will provide corporate leadership to the company's naval…

BMT Oceanica Wins APPEA Study

Nov 03, 2014

Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, has been awarded the Australian Petroleum Production & Exploration Association’s (APPEA) “Understanding the Risks of Unplanned Discharges” study…

Fairmount Tugs Delivers FPSO Petrojarl Knarr

Nov 03, 2014

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest floating production and storage units (FPSO) for harsh environments, was delivered in the port of Haugesund…

Throughput Up at Lerwick Harbor

Nov 03, 2014

A continuing increase in cargo handled at Lerwick Harbour in the third quarter brought the volume for the first nine months of 2014 to 910,014 tonnes, up 6% on the same period last year.Shipments included 144,243 tonnes of oil-related cargo…

European VIPs Visit USS George H.W. Bush

Nov 03, 2014

U.S. Naval Forces Europe-Africa hosted 23 distinguished visitors from multiple European countries aboard aircraft carrier USS George H.W. Bush (CVN 77) as a part of the Navy's Distinguished Visitor (DV) Embark program, Oct. 30.The DV…

Logistics News

By the Numbers: Container Fleet Capacity to Top 34 Million TEU

By the Numbers: Container Fleet Capacity to Top 34 Million TEU

Floating Titanium Lattice Could Out-Perform Steel and Plastic

Floating Titanium Lattice Could Out-Perform Steel and Plastic

Nuclear Power Considered for Transatlantic Container Route

Nuclear Power Considered for Transatlantic Container Route

Oceanbird to Install Wing Sails on M/V Way Forward

Oceanbird to Install Wing Sails on M/V Way Forward

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