Lloyd's of London is making changes that will make it more successful this year, its new chief executive said on Friday.The 300-year-old insurance market publishes the 2018 results in aggregate of the more than 80 syndicates under its roof next week…
European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg-headquartered firm WNL is still subject to approval by the relevant cartel authorities…
The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years, reflecting an increase of 9.1% compared to $2.98 billion in 2017.However…
South Korean shipping company Hyundai Merchant Marine (HMM) announced that it has signed a memorandum of understanding (MOU) to establish a win-win fund for scrubber installation in preparation for IMO 2020 and to seek cooperation in the shipping-related industries…
China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U…
SeaKing Electrical has completed a series of upgrades to three DFDS ferries at Damen Dunkerque Shipyard in France.The package of work was delivered to short ferries including the MS Dunkerque Seaways, MS Dover Seaways and MS Delft Seaways operated by Danish shipping company DFDS…
The International Association of Maritime and Port Executives (IAMPE) has announced the latest group of Maritime Port Executives who completed the accredited seminar the week of March 11th at DHS/USCG Headquarters in Washington, DC.The latest class of graduates include LCDR…
The Northwest Seaport Alliance’s February container volumes reached 269,199 twenty-foot equivalent units (TEUs), a 4.1 percent decrease from last year. Despite the dip, the year-to-date container volumes are up 10.9 percent, with imports and exports growing 10…
The Port of Durban has noted growth in volumes in the container, liquid bulk and dry bulk sectors in 2018, according to recent data released by Transnet National Ports Authority (TNPA).Container volumes in the Port of Durban ended 9.5% higher…
The American Association of Port Authorities (AAPA) has elected Gary G. Nelson, executive director of Washington State’s Port of Grays Harbor, to serve as the association’s chairman of the board for the 2019-20 activity year that begins in October…
Roxtec received the 2019 Sweden’s Best Managed Companies recognition, sponsored by Deloitte in cooperation with Nasdaq. Mikael Helmerson, CEO of Roxtec, sees the award as an acknowledgement of the company’s determined improvement work.Best Managed…
The biennial Posidonia Sea Tourism Forum will be held from May 28-29, 2019, at the Domotel Kastri Conference Center, in Athens’ northern suburbs. Here there will be more than 30 senior cruise executives responsible for ports and destinations from the world’s biggest cruise lines…
Mr. Cernak was AAPA’s immediate past Chairman and its 2019 Cruise Award recipient.Port Everglades Chief Executive and Director Steven M. Cernak passed away over the weekend, following a long, valiant battle with cancer. He was the immediate…
Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) announced that two of its subsidiaries that provide harbor tugboat and other related services, will merge on July 1, 2019.Yokohama, Kanagawa-based Wing Maritime Service…
APM Terminals Mumbai, India’s busiest container terminals has achieved yet another milestone. The terminal has set a new national record for handling servicing largest volume exchange in a single port call - 11,026 TEUs on March 12, 2019.Working closely with the CMA CGM Group India Operations Team…
