MOL announced a new service to transport cargo from major Asian ports to key destinations on the U.S. East coast, via the Suez Canal. The service is a direct result of MOL’s ongoing efforts to develop products with competitive transit times and industry-leading on-time performance…
State-owned freight and logistics group Transnet’s Market Demand Strategy (MDS), that forms part of the R300 billion capital investment programme over seven years was announced in March this year. This strategy will have a massive impact on…
The UK P&I Club (the Club), one of the oldest shipping protection and indemnity insurance mutuals, announces its results for the year ended February 20, 2012. Highlights• Combined ratio 97% for 2012 financial year• Surplus…
International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous oxides. In order to fulfill these demands, many of which come from the UN’s International Maritime Organization (IMO)…
Bayonne Dry Dock and Repair Corporation President Michael Cranston held a press conference on Tuesday, May 8, 2012, on the top side of Bayonne Dry Dock, to highlight the economic and environmental punch of the dry docking business on the Port…
The largest tugboat race in the world, the 27th Annual U.S. Oil & Refining Seattle Tugboat Race Championships, runs from noon to 3 p.m on Saturday May 12th 2012. More than 30 boats will participate in the races, which start at the Grain Terminal…
On May 10, 2012 AVEVA (LSE:AVV) announced the release of an exciting new software product family for the marine and EPC market, AVEVA Enterprise Resource Management. Comprising the products AVEVA Material, AVEVA Planning and AVEVA Production…
Despite the persistently challenging environment in the industry, Hapag-Lloyd increased its transport volume and revenue in the first quarter of 2012. The average freight rate was $1,484/TEU in Q1, down around 5% on the previous year’s figure of $ 1…
Lance Camarena joined Holland America Line and Seabourn as director, fleet training and performance management. He is responsible for the fleet training program of deck and engine staff, performance management and developing technology solutions that support fleet performance…
The new face of Eni’s chemicals division is Versalis. Created following the rebranding of Polimeri Europa, it represents a tangible sign of the new strategy for Eni’s chemicals division and a renewal of the historical importance of the business within Eni…
The new face of Eni’s chemicals division is Versalis. Created following the rebranding of Polimeri Europa, it represents a tangible sign of the new strategy for Eni’s chemicals division and a renewal of the historical importance of the business within Eni…
Mr John Walker has been appointed as head of GL Noble Denton's growing Marine Casualty Investigation practice for the Americas region.Based in the New York office, John leads a team of expert marine engineers, master mariners and naval architects…
The American P&I Club is this month launching an ambitious initiative aimed at feeding 100 needy families for 100 days in embattled Greece, as well as supporting children with special needs.In a link-up with three long-established charities in Greece…
High fuel costs, low freight rates conspire to create tough 1QNOL Group, the Singapore-based container shipping and logistics company, reported a first quarter 2012 net loss of 254 million compared to a net loss of $10 million in the same period last year…
A New Zealand high-speed craft passenger vessel operator has been fined heavily for failure to deal with cases of passenger injuries A high speed vessel operator's failure to investigate and address the causes of a series of serious back injuries to passengers has earned it a conviction…
