Latest News - page 586

 

Wärtsilä to Supply Scrubbers to NCL

Feb 17, 2020

European technology giant Wärtsilä will be supplying hybrid scrubber system packages for Norwegian Cruise Line's (NCL) Norwegian Breakaway and Norwegian Getaway.According to a press note from Wärtsilä, the scrubber systems have been ‘specially…

Obituary: George R. Duclos, 1933-2020

Feb 17, 2020

George Raymond Duclos, age 86, died peacefully on February 15, 2020 surrounded by his family. The son of the late Raymond and Albertine (Bertha Chenard) Duclos.  Born in 1933 in Fall River, MA, George spent most of his life in Westport, MA spending…

WFW Advises TUI on $1.3Bn Take Over

Feb 16, 2020

London-based international law firm Watson Farley & Williams has advised TUI Cruises GmbH on its acquisition of Hapag-Lloyd Cruises from TUI AG for US$1.3bn, excluding net debt.According to the the transaction is subject to customary closing…

Johan Röstin Resigns as CEO of ForSea

Feb 16, 2020

ForSea (formerly HH Ferries Group),  the operator linking Denmark and Sweden via Helsingør and Helsingborg, announced that Chief Executive Officer (CEO) Johan Röstinwill be stepping down from his position.“It has been a privilege to lead ForSea for almost three years…

Vado Gateway Welcomes First Ship

Feb 16, 2020

APM Terminals said that its new deep-sea container terminal, Vado Gateway terminal, located in Vado Ligure, Italy, received its first commercial service on 11 February 2020.The ship, M/V Maersk Kota, was the first of seven ships from Maersk’s weekly ME2 service…

HHLA Meets Targets

Feb 16, 2020

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has achieved targets for the year as the revenue and operating result (EBIT) increase with moderate increase in container throughput and significant rise in transport volume…

PIL Exits Transpacific Market

Feb 16, 2020

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy.  The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements…

Diana Shipping Cancels Dry Bulker Sale

Feb 16, 2020

Diana Shipping announced that it has received a notice of cancellation of the Memorandum of Agreement (MoA), between a separate wholly-owned subsidiary and an unaffiliated third party, to sell the 2005-built Panamax vessel “Calipso”, as previously announced…

US Ports Get More Than $280 Mln in MARAD Grants

Feb 14, 2020

The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced that it has awarded more than $280 million in discretionary grant funding through the new Port Infrastructure Development Program. This funding is designed…

Port NOLA Sets Cruise Record

Feb 14, 2020

The Port of New Orleans (Port NOLA) saw another record-breaking year in cruise passenger numbers and vessel calls.With the launch of Disney cruises and the addition of year-round itineraries from Royal Caribbean International in 2020, Port officials anticipate another robust cruise season…

Long Beach Cargo Dips in January

Feb 14, 2020

Cargo volume was down slightly in January at the Port of Long Beach, compared to the same month in 2019.Terminal operators and dockworkers moved 626,829 twenty-foot equivalent units (TEUs) last month, down 4.6% compared to January 2019. Imports decreased 4…

Coronavirus Leaves China-bound Tankers Stranded

Feb 14, 2020

The coronavirus's effect on energy markets is worsening, as the sharp fall in demand in China, the world's largest importer of crude, is stranding oil cargoes off the country's coast and prompting shippers to seek out other Asian destinations…

APM Terminals Poti in Expansion Mode

Feb 13, 2020

International container terminal operating company APM Terminals said that its Poti Seaport Terminal in Georgia has re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti…

PSA Marine Buys Peruvian Towage Co

Feb 13, 2020

Singapore towage and pilotage company PSA Marine has moved into the South American market with the acquisition of Tramarsa Flota, a Peruvian towage company.Tramarsa Flota and its subsidiaries have been acquired from Grupo Romero. Headquartered in Lima…

DP World Acquires Ukraine's TIS Terminal

Feb 13, 2020

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval.'Bringing the TIS Container Terminal into DP World's global network of ports…

Logistics News

Greensea IQ Launches Autonomous Hull and Infrastructure Inspection Robot

Greensea IQ Launches Autonomous Hull and Infrastructure Inspection Robot

Cruise Ship First to Bunker LNG at Civitavecchia

Cruise Ship First to Bunker LNG at Civitavecchia

Bryan Jones Named HDR Marine Terminals Leader

Bryan Jones Named HDR Marine Terminals Leader

Ukraine Attacks Naval Base, Grain Terminals at Novorossiysk

Ukraine Attacks Naval Base, Grain Terminals at Novorossiysk

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