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People & Company News

 

Over 1,650 Cadets Graduate from American Maritime Academies

Jun 25, 2019

The American Maritime Partnership (AMP) — the voice of the domestic maritime industry — congratulates the more than 1,650 young men and women who have graduated from the seven U.S. maritime academies this Spring. Applauding them for their dedication…

Day of the Seafarer June 25th, 2019: A message from Wallem

Jun 25, 2019

If global trade is the engine of economic growth, shipping is the cylinder oil that keeps the engine running. However, the people who make this – our – industry work are almost invisible, as they labour unseen beyond the horizon and out of mind…

Start-ups to Make Rotterdam Port Smarter

Jun 24, 2019

The Port of Rotterdam Authority signed individual Letters of Intent (LoI) with four enterprising new companies that are expected to help make the port more sustainable, more efficient and ‘smarter’.Agreed during the fourth edition of PortXL…

17.5 Tons of Cocaine found on Containership

Jun 24, 2019

A U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement Homeland Security Investigations (HSI)-led multi-agency examination of shipping containers at the Philadelphia seaport netted a historic load of cocaine, the largest cocaine seizure in the 230-year history of U…

CMA CGM Starts Weekly Service from Port Pipavav

Jun 24, 2019

The dedicated scheduled import train from Port Pipavav to Garhi Harsaru [NCR region] is operated by Gateway Rail Freight Ltd. (GRFL) for CMA CGM. The import train arrived at Garhi Harsaru on June 12th, 2019 and was received by Mr. Ugo Vincent…

BMA moves up on Paris MoU White List

Jun 24, 2019

The Bahamas Maritime Authority (BMA) has announced that for the 17th consecutive year, The Bahamas has been included on the Paris MoU port state inspection whitelist of flag state performance and has moved up six places, securing the number two spot…

APL Launches Bangkok Haiphong Service

Jun 24, 2019

APL, part of the CMA CGM Group, has announced the launch of the Bangkok Haiphong (RBH) service that will provide weekly connectivity between South China, Thailand and Vietnam.An express service from South China to Thailand, the RBH service will…

RigNet Settles Inmarsat Arbitration

Jun 24, 2019

RigNet, Inc. announced that it has reached a settlement with Inmarsat Global Limited that concludes the GX Arbitration pending before the International Center for Dispute Resolution.  Pursuant to the settlement, RigNet will pay Inmarsat $45 million immediately…

Venice Must be Put On UN Danger List, Ban Cruise Ships - Conservationists

Jun 24, 2019

Venice should be put on the United Nations' list of endangered cities and cruise ships should be banned from its fragile lagoon to prevent an ecological disaster, Italy's main conservation group said on Monday.The call came less than a month…

New Armstrong NAIAD RHIB Operating in Hawaii

Jun 21, 2019

The 12.5m x 4.2m NAIAD RHIB Kibou recently commenced daily tours in Hawaii. The vessel was built by Armstrong Marine USA for Hawaii Experiences, which also operates the 40’ catamaran Mirai, built by Armstrong in 2017. Pacific Boats & Yachts…

BIMCO: VLCC Freight Rates from Gulf to China Doubles

Jun 21, 2019

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13, 2019 and June 20, 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million barrels of oil…

Oceanwide Expeditions: another Ship on Order

Jun 21, 2019

Due to the success of our new Polar Class 6 ship, Hondius, Oceanwide Expeditions has ordered a sister ship built by the same manufacturer: M/v Janssonius is scheduled to be completed in October, 2021. She will have the same passenger capacity as Hondius (174)…

Bludworth Marine Relocates HQ to Galveston

Jun 21, 2019

As of June 1, 2019, Bludworth Marine, LLC has relocated their corporate headquarters to Galveston, Texas. The new location, at 320 77th Street, is minutes from the Bludworth Marine 100' x 300' graving dock location and the Port of Galveston Pier 38 dockside location…

Fitch Assigns 'AA' to Massport Bonds

Jun 21, 2019

Fitch Ratings has assigned a 'AA' rating to the Massachusetts Port Authority's (Massport) approximately $460 million series 2019-B and C senior lien revenue bonds. The Rating Outlook is Stable. Key Rating DriversThe 'AA' revenue bond rating…

Port of Oakland Concerned with China Trade War

Jun 21, 2019

Port of Oakland Executive Director Chris Lytle is sounding an alarm over the trade war with China.  The veteran maritime leader this week warned that tariffs imposed by both sides threaten the U.S. economy.  He added that trade barriers could dry up his customers’ access to a major export market…

Logistics News

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

ARC Freedom Enters ARC's U.S.-Flagged Fleet

ARC Freedom Enters ARC's U.S.-Flagged Fleet

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

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Denmark's central banks expects a 4% growth in GDP by 2026, driven by the pharmaceutical industry
Sources say that Iraq has suspended Iranian flights from Baghdad due to US sanctions threats
After the Iran conflict, crude oil imports to Asia hit a high in September but remain weak