People & Company News

 

CargoSphere Launches Maersk Spot

Sep 04, 2019

CargoSphere, the neutral rate network for container shipping, has announced the launch of Maersk Spot on its rates platform. The Maersk Spot product offers customers a loading guarantee and a fixed price at booking. This integration will enable…

TGP Group Expands Management Board

Sep 04, 2019

Trans Global Projects Group (TGP), an international project logistics specialist headquartered in England, has appointed Martin Ollmann as an additional Managing Director for its German entities Trans Global Projects GmbH and Natco GmbH. Ollmann…

USCG Sets Port Condition Zulu for Charleston

Sep 04, 2019

Effective 8 a.m. Wednesday, the Coast Guard Captain of the Port (COTP) set Port Condition Zulu for the Port of Charleston due to the anticipated arrival of sustained gale force winds from Hurricane Dorian within 12 hours.During port condition Zulu…

U.S. Blacklists IRG Oil Shipping Network

Sep 04, 2019

The United States on Wednesday sanctioned a sprawling network of firms, ships and individuals allegedly directed by Iran's Islamic Revolutionary Guard Corps that supplied Syria with oil worth tens of millions of dollars in a breach of U.S. sanctions…

Piraeus Port Beefs Up Investment Plan, Awaits Greece's Approval

Sep 04, 2019

Piraeus Port Authority (PPA), operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbours, a government spokesman said on Wednesday.PPA, majority owned by China's COSCO Shipping…

Cammell Laird Appoints New QA Manager

Sep 04, 2019

Merseyside UK shipyard and engineering services company Cammell Laird has appointed a new quality assurance manager to forge closer relationships with suppliers and bring best practice from other industries to his new role.Gordon Maxwell is…

Masahiko Furuichi Named IAPH Secretary General

Sep 04, 2019

The International Association of Ports and Harbors (IAPH) appointed Dr. Masahiko Furuichi as IAPH Secretary General, succeeding Mr. Susumu Naruse, as of 1 September. He has officially taken office.Dr. Masahiko Furuichi is not new to IAPH.  Since 2006…

TOP Ships Revenues Up by 51% for H1 2019

Sep 03, 2019

The international owner and operator of modern, fuel efficient 'ECO' tanker vessels TOP Ships announced that its total revenues increased by 51% to $29.8 million for the six months ended June 30, 2019 compared to $19.7 million for the same period in 2018…

ZIM Intros New Digital Tools

Sep 03, 2019

Israel-based container shipping line ZIM Integrated Shipping Services announced the official launch of its new 'Powered by Our Customers' approach.As ZIM moves forward with the development and implementation of new digital tools, the cargo line is embarking on an innovative new concept…

Safe Bulkers Slips to Q2 Loss

Sep 03, 2019

Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers reported a net loss for the second quarter, contrary to the market’s expectations for profit.The net revenue at USD 45.5 million for Q2 was hurt by a 3% decline from the second quarter of 2018…

Trump warns China Against Trade Talk Delays

Sep 03, 2019

U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…

Carnival Partners with UWF for Interactive Training

Sep 03, 2019

Company’s CSMART Academy teamed up with UWF’s Innovation Institute to launch training course for environmental officers that started in August 2019. Combining UWF’s specialty in challenge-based learning with CSMART Academy’s award-winning faculty…

SMM 2020 Publishes Maritime Industry Report

Sep 03, 2019

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's…

Grindrod Sells NWK Stake

Sep 02, 2019

South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment…

PSA International Acquires Penn Terminals

Sep 02, 2019

Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

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Rosatom announces that seven Chinese vessels will sail from China to Europe via the Russian Arctic route
Russia dismisses German drone incident as 'fabricated provocation'
Taiwan says China's order to control traffic in the Taiwan Strait when a typhoon hits is 'ridiculous.'