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Emas Goes Under Judicial Management

Oct 28, 2019

EMAS Offshore, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, said that its July application to be placed under judicial management approved by High Court of Singapore.According to a press note…

Exmar Reports Strong Earnings for VLCCs

Oct 27, 2019

Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019. The current trading fleet of Exmar in the VLGC segment is the 83…

OOCL Posts Higher Container Volumes

Oct 27, 2019

Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The COSCO-owned company said that the total volumes for the third quarter of 2019 (ended 30th September 2019) were 4…

Diana Shipping Appoints Semiramis Paliou

Oct 25, 2019

Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles…

Clean Marine, FMSI to Merge

Oct 25, 2019

Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning system (EGCS) segment.The combined entity, which will operate under the name Clean Marine…

Gulf Navigation Records 19% Revenue Growth

Oct 25, 2019

Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced a 19 per cent operating revenue growth by the end of Q3 of 2019, compared to the same period last year.The Dubai-based shipping company recorded…

Great Lakes Seaway Shipping Highlights Economic Impact

Oct 25, 2019

The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…

BDO: Shipping Must Improve Risk Management

Oct 25, 2019

Sound enterprise and business risk management are making an improved contribution to commercial success in the shipping sector, according to the latest annual Shipping Risk Survey by leading shipping adviser and accountant BDO. But the industry…

A.P. Moller-Maersk Center of Excellence in Tamil Nadu

Oct 25, 2019

Maersk, a global integrator of container logistics, has laid the foundation stone of its planned ‘A.P. Moller – Maersk Center of Excellence’ facility at Thenpattinam (Tamil Nadu), to support skill development and training needs for Maersk cadets across job functions (deck…

JAXPORT Sets Cargo Records

Oct 25, 2019

Florida’s largest container port achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending September 30, 2019.The Jacksonville Port Authority (JAXPORT) moved more than 1.338 million twenty-foot equivalent units (or TEUs…

Iraq's Umm Qasr Ready for Bigger Ships

Oct 25, 2019

Philippines-based International Terminal Container Services Inc. (ICTSI) formally inaugurated two new berths in the port of Umm Qasr, Iraq’s main dry cargo port.The inauguration marked both the opening for business of the two new berths 25 and 26 with a depth of 14 meters…

Braemar Shipping Services Profit Slips

Oct 24, 2019

Braemar Shipping Services posted half-yearly results for the six months ended 31 August 2019 which showed that interim revenues rose 4% to GBP59.5mln, while losses dropped to £1.3mln from £2.8mln.The UK-based provider of shipbroking, financial advisory…

FortisBC Joins SEA\LNG

Oct 24, 2019

Canadian liquefied natural gas (LNG) provider FortisBC has joined SEA\LNG, a multi-sector industry coalition accelerating the widespread adoption of LNG as a marine fuel.Peter Keller, Chairman, SEA\LNG, said: “We’re pleased to welcome FortisBC to the SEA\LNG coalition…

BLUE Acquires 20|20 Marine Energy Consultancy

Oct 24, 2019

Specialist maritime consultancy 20|20 Marine Energy (20|20) founded by bunker industry veteran Adrian Tolson has been acquired by UK-based BLUE, the business, brand and communications consultancy for the marine and energy markets.20|20 will…

Optimarin Inks 30 BWTS Deal with Asiatic Lloyd

Oct 24, 2019

Optimarin, the ballast water treatment (BWT) specialist, has reported a year-on-year increase in sales of more than 100% for Q3, with order intake at an all-time high. The growth, consolidating the trend seen in Q2, comes on the back of a number…

Logistics News

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

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