People & Company News

 

Liberia Becomes First Flag State to Join the MACN

Nov 16, 2018

Liberia has become the first ship registry to be admitted to the Maritime Anti-Corruption Network (MACN) as an associate member.Alfonso Castillero, CCO of the Liberian Registry, says, “The organization has done great work fighting corrupt practices…

Port of Oakland sees its Busiest Shipping Season for Imports

Nov 16, 2018

The Port of Oakland had its busiest peak season ever for imports during the past three months. The Port said today that it handled the equivalent of 250,686 loaded 20-foot import containers from August through October, the traditional highwater mark for container shipping…

ICTSI Appoints Andrew Dawes as Asia-Pacific Head

Nov 15, 2018

Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes…

MOL Turns 50 in Thailand

Nov 15, 2018

Mitsui O.S.K. Lines (MOL) celebrated the 50th anniversary for the establishment of Mitsui O.S.K. Lines (Thailand).On November 13, it held a party in Bangkok for customers, business partners, and others, marking the event and the centennial anniversary…

DynaGas LNG Partners in the Red in Q3

Nov 15, 2018

Monaco-based owner and operator of liquefied natural gas (LNG) carriers, reported a third-quarter ended September 30, 2018 loss of $654,000, after reporting a profit in the same period a year earlier.The gas shipping company said that the Q3 results included $2…

Diana Shipping Fixes M/V Thetis with Hudson

Nov 15, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated for one of its Panamax dry bulk vessels, the m/v Thetis.According to the global shipping…

Global Ship Lease Closes Poseidon Containers Deal

Nov 15, 2018

Marshall Islands-based Global Ship Lease (GSL) announced that it has completed the proposed merger deal with Greece's Poseidon Containers.According to a release from GSL, the combined company will have a fleet of 38 vessels with a total capacity of 198…

Yilport Opts for Liebherr Mobile Harbor Cranes

Nov 15, 2018

At the beginning of November, two Liebherr mobile harbor cranes type LHM 600 arrived at Yilport’s recently acquired terminal in Guatemala. An option on two more LHM 600 underlines the forthcoming strategic partnership between Liebherr and Yilport…

Port of Los Angeles Sets Monthly TEU Record

Nov 15, 2018

The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s 111-year history, eclipsing the November 2017 record of 924…

KVH Announces Two Key Leadership Positions

Nov 15, 2018

KVH Industries announced that Brent Bruun has expanded his responsibilities as chief operating officer, and Mark Woodhead has been named executive vice president of mobile connectivity. The promotions leverage the business and maritime industry experience of the two leaders…

Norwegian Breakaway Debut Highlights Port NOLA’s Impact

Nov 15, 2018

The Port of New Orleans (Port NOLA) has welcomed the largest cruise ship in both length and passenger occupancy to ever sail from the Crescent City when the Norwegian Breakaway homeported at the Julia Street Cruise Terminal for its inaugural cruise Nov…

Global Container Trade Lost Momentum in Q3: Maersk

Nov 15, 2018

Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year…

MPC Container Ships Plans Huge Investment in Scrubbers

Nov 15, 2018

The Oslo-based feeder tonnage owner MPC Container Ships has committed to buy exhaust gas cleaning systems  (scrubbers) for five of its ships, with an option to buy ten times as many additional scrubber systems.Under the agreement, the scrubbers…

Hyundai Merchant Marine Loss Grows in Q3

Nov 15, 2018

South Korea's largest shipping firm by sales Hyundai Merchant Marine (HMM) said that its operating loss in the third quarter increased to 123.1 billion won (US$108.65 million) from 29.5 billion won in the same period last year.According to the company…

CargoX Launches the World's First Smart Blockchain Platform

Nov 14, 2018

Slovenia-based supplier of blockchain solutions for logistics, CargoX has  launched the CargoX latform to become the first open, neutral, and accessible blockchain platform in the shipping industry.The company said that the platform can be used by businesses of any size…

Logistics News

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

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