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INSIGHTS: John F. Reinhart, CEO, Virginia Port Authority (VPA)

Jul 15, 2019

John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway…

MOL Sets Terms of Green Bonds

Jul 14, 2019

Japanese shipping major Mitsui OSK Lines (MOL), the first company in Japan to issue sustainability bonds aimed at individual investors, has revealed interest and investor details of its new JPY 20bn ($185.7 million) “sustainability bonds” to fund its latest green initiatives…

Butner Gets a Third Term in Oakland

Jul 12, 2019

Cestra “Ces” Butner will serve a third term as President of the Port of Oakland Board of Port Commissioners.  President Butner joined the Board of Port Commissioners in 2012.  He first served as President from July 2013 to July 2014.  He was voted to a second term in July 2018…

Navios Containers Appoints Tsironi CFO

Jul 12, 2019

Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…

Schottel, Ulstein Team on Automation

Jul 12, 2019

Ulstein and Schottel  announced that they will start cooperating to take the next step in automation and digitalization within marine operations. The former Ulstein subsidiary, Ulstein Blue CTRL, will continue as an independent company under the name Blue CTRL…

Samskip Appoints Laaksonen as Group CEO

Jul 12, 2019

Samskip, a European multimodal service provider group, appointed Kari-Pekka Laaksonen as the Group Chief Executive.Laaksonen, who takes up his post at Samskip’s Rotterdam headquarters on August 1st, 2019, is the former CEO of Samskip competitor Containerships…

CBP Seizes Bogus Speakers from China

Jul 12, 2019

U.S. Customs and Border Protection (CBP) officers seized 1,626 counterfeit Edison Professional speakers in Philadelphia July 9. If authentic, the speakers would have a manufacturer’s suggested retail price (MSRP) of $253,572.The speakers arrived in two shipments to Philadelphia from China June 13…

Piraeus Bank mulls Asian Pacific partner for Shipping Financing

Jul 12, 2019

Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that will help it provide financing to Greek shipping companies, Greece's largest lender by assets said on Friday.Piraeus did not name the Asian partner…

Container Volumes Fall at PoLB

Jul 12, 2019

Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…

First Hybrid Cruise Ship to be Named in Antarctica

Jul 11, 2019

Hybrid powered expedition cruise ship MS Roald Amundsen continues to make history – as Hurtigruten has announced the first ever ship naming ceremony in Antarctica. Instead of the traditional bottle of champagne, MS Roald Amundsen’s explorer…

Singapore, China ink Maritime Collaboration MoU

Jul 11, 2019

The Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Understanding (MOU) with the Waterborne Transport Research Institute (WTI), an agency under China’s Ministry of Transport during the 2019 Maritime Silk Road Port International Cooperation Forum (MPF)…

CSA Honors Crowley Vessels for Safe Ops

Jul 11, 2019

The Chamber of Shipping of America (CSA) honored 104 vessels owned and/or managed by Crowley Maritime Corporation with annual Jones F. Devlin Awards in recognition of their combined 737 years of incident-free service through 2018.Of the 104 vessels awarded…

Go-slow at Port Hits South African Car and Commodity Exports

Jul 11, 2019

A go-slow by workers at a major South African port is hitting exports of cars and other commodities, the country's Public Enterprises Minister Pravin Gordhan said on Thursday.State-owned rail operator Transnet said it had suspended a number…

SC Ports Reports Record Cargo Volumes

Jul 11, 2019

South Carolina Ports Authority (SCPA) handled record cargo volumes at the Port of Charleston in fiscal year 2019.SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) from July 2018 through June, an 8.8% increase in annual TEU container volume…

How To: Training Tips for Ships

Jul 10, 2019

Important training need? A quick video may be the answer!Have you ever witnessed a mariner performing a task poorly or unsafely? Possibly day-to-day confined space entry? A commonly misapplied or misunderstood ColReg? Inattentive watchkeeping…

Logistics News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

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

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