Latest News - page 598

 

Nestlehutt tapped to lead SCI

Jan 23, 2020

The Seamen’s Church Institute of New York & New Jersey (SCI) selected Rev. Mark S. Nestlehutt as its new President & Executive Director, succeeding the Rev. David Rider, effective February 18, 2020.With more than two decades of church experience in Massachusetts…

Low-sulphur Fuel Oil Prices Drop

Jan 23, 2020

Prices for very low sulphur fuel oil (VLSFO) in ports around the world have fallen within the first month since the International Maritime Organization's (IMO) new regulation for a 0.50% global sulphur cap for marine fuels has taken effect.Singapore…

Training Tips for Ship: #8 - The Lecture is Dead

Jan 23, 2020

Tip #8: The Lecture is Dead … But Long Live the Classroom!The traditional lecture, for millennia, has been the go-to method for teaching. Yet it is actually a terribly inefficient and ineffective way of teaching. It tends to leave many students feeling confused…

India Okays Model Pact on Seafarers

Jan 22, 2020

Indian Government approved a model pact with foreign countries that would also allow unilateral recognition of seafarers' competency certificates, thus easing the process for them to seek employment on ships under the flag of that country.The…

Stockholm Expects 290 Cruise Liners in 2020

Jan 22, 2020

Ports of Stockholm said that 2020 cruise season is expected to be another record year in terms of passenger numbers and almost 290 cruise calls, with as many as 13 maiden visits.The  Baltic Sea cruise port said that the list of the 2020 season’s…

Kotug Tugboats Rescue Drifting Box Ship

Jan 22, 2020

Dutch salvage and towage company Kotug said that its two tugs have helped to rescue a containership hit by fire while sailing off the coast of East Africa.The 2,503-teu Oinousses (built 2000) was sailing sailing from Maputo to Mombasa, off the…

Panama Cargo Volumes on the Rise

Jan 22, 2020

Cargo volumes in Panamanian ports totaled 7,346,859 TEU in 2019, up 4.7% compared with the year before when cargo volumes showed a slight growth of 1.7% to 7.014, 410 TEU.“In 2018, Panamanian ports hit the 7 million TEU milestone for the first time and just last year cargo volumes increased by 4…

Chembulk Tankers Announces Leadership Changes

Jan 22, 2020

Chembulk Tankers announced on Wednseday that Bart B. Kelleher has taken over as Chief Executive Officer for David Ellis, who has resigned for personal reasons. Ellis will be available to the company through January 31, 2020.Kelleher has held…

Yilport Orders Automated RTG Systems

Jan 22, 2020

Cranes manufacturer Konecranes reports it booked an order in December 2019 with Yilport to deliver automated rubber tired gantry (RTG) crane systems to three of Yilport’s European container terminals, including two in Portugal and one in Sweden…

Developers Seek to Widen Rail Link to Port of Koper

Jan 22, 2020

Spanish renewables and infrastructure firm Acciona has launched a joint bid for a hotly contested 1.2 billion euro ($1.33 billion) project to widen a key Slovenian railway link to its only deepwater port, a company spokesman said on Wednesday…

Klaveness, Marubeni Form Panamax Bulker Pool

Jan 21, 2020

Norwegian dry bulk operator Torvald Klaveness and Japanese trading house Marubeni have merged their panamax pool activities into a new jointly-owned pool management company called Maruklav Management.Maruklav, claimed to be the world's biggest panamax bulker pool…

New Program Cracks Down on Wildlife Trafficking

Jan 21, 2020

The Institute of Chartered Shipbrokers has celebrated 100 years since the granting of its Royal Charter by unveiling plans for a training program to help port workers and surveyors spot the signs of wildlife trafficking in the maritime supply chain…

New LNG Bunkering & Fuel Supply System Simulator

Jan 21, 2020

Wärtsilä has launched a new LNG Bunkering & Supply System simulator. The simulator will promote greater safety on board liquefied natural gas (LNG) fueled vessels by improving the level of training for operators of LNG systems. The design is…

Two Mobile Harbor Cranes Arrive at Port of Brownsville

Jan 21, 2020

Two new mobile harbor cranes arrived at the Port of Brownsville, in Texas.On January 16, the cranes arrived at the port onboard the 393-foot long specialized cargo carrier M/V BBC ASIA.The Brownsville Navigation District ordered the Konecranes…

DP World Takes 44% stake in Swissterminal Holding

Jan 21, 2020

Dubai state controlled port operator DP World has taken a 44% stake in Swiss container terminal operator Swissterminal Holding AG.The Mayer family, who founded the business, will remain a majority shareholder, a statement from the company said…

Logistics News

Despite $600m Middle East Hit, Hapag-Lloyd Q2 Results are Strong

Despite $600m Middle East Hit, Hapag-Lloyd Q2 Results are Strong

Strong Vessel Demand, Rates Lift Maersk Outlook

Strong Vessel Demand, Rates Lift Maersk Outlook

Ballast Water Tech: ERMA FIRST’s Portfolio for Shipping's Next Chapter

Ballast Water Tech: ERMA FIRST’s Portfolio for Shipping's Next Chapter

The US Says More Oil is Leaving the Middle East, but is it really?

The US Says More Oil is Leaving the Middle East, but is it really?

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European shares edge up as lower crude offsets the geopolitical uncertainty
Wall Street Journal, August 13,
MSCI's August index re-jig will add four Indian stocks and remove three from the global key index.