Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue contracts since the beginning of the year to 24…
CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic. CEVA will remain an independent and standalone listed company. This…
ChartCo and Klappir Green Solutions signed partnership agreement where the companies will market digital logbooks and software solutions for the global commercial maritime sector, within the ChartCo OneOcean platform. These will focus on the provision of reporting…
Intermarine UK has named former A&P Falmouth procurement manager Mark Bowden as its new production manager.Bowden will be in charge of day-to-day operations at the company’s newly opened 2,400sqm fabrication and welding facility at Portland Port in Dorset…
The U.S. Army Corps of Engineers (USACE) announced its Fiscal Year (FY) 2019 Work Plan, which includes an additional $59 million in funding for the Corpus Christi Ship Channel Improvement Project (CIP). This funding brings the total Federal appropriations for the CIP to $95 million…
Marine software and platform companies ShipNet and ShipMate announced a strategic exclusive partnership to provide advanced workflow capabilities for crew management and payroll solutions integrated with safety management, planned maintenance services (PMS) and procurement solutions…
The Batangas International Port or locally known as the Batangas Pier in Philippines said that Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI), has continuously stepped up its role as international trade facilitator in Calabarzon (Cavite…
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future…
The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future ‘seafarers,’ and as of November 26, 2018, the survey is officially ‘open’ for a period of approximately six weeks…
France-based Port Community System operator SOGET, in close collaboration with French customs, port authorities, ferry companies and road hauliers, will offer an integrated e-freight corridor based on a digitalized anticipation of information flows related to cross-Channel goods…
French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics, it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and…
French container shipping group CMA CGM third quarter results outperformed the industry, with significant increases in revenue and volume.The global transporting company said in a stock exchange annoucement that its volumes have risen 5.5 percent and revenue is up 6…
Athens-based shipowner Diana Shipping announced the commencement of a tender offer to purchase up to 4,166,666 shares, or about 3.86%, of its outstanding common stock using funds available from cash and cash equivalents at a price of US$3.60 per share…
Spanish multinational oil and gas company Cepsa announced that Musabbeh Al Kaabi was named as Chairman in succession to Suhail Al Mazrouei at a meeting of the Board of Cepsa.This follows the appointment by Mubadala, as sole shareholder, of Saeed Al Mazrouei…
As the liner industry has come to a turning point following a period of consolidation, Hapag-Lloyd unveiled its five-year strategy, prioritizing profitability, service, and cost savings in a container shippingLarge-scale acquisitions is not…
