Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company…
APM Terminals have reached agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR.As part of the sales agreement, APM Terminals will continue managing the terminal, ensuring that needs from both shipping lines and landside customers are catered for…
Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei H. Schuldt to join V.Group. At the same time, the combined company will form a partnership for commercial management with Blue Net Chartering.The transaction…
Port Manatee reports it continues to break cargo records, including handling an all-time-high of more than 9.3 million tons in the fiscal year ended Sept. 30, up 19.1 percent from the immediately preceding 12-month period. That comes on the heels of a 13…
Interferry, the trade association representing the worldwide ferry industry, has announced that the new chairman of its board of directors is John Steen-Mikkelsen, CEO of Danish ferry operator Danske Faerger.Steen-Mikkelsen was elected together…
The Aphrodite Leader, a pure car and truck carrier (PCTC), is the first vessel under Wallem Ship Management to come under the Japanese Flag.The Aphrodite Leader completed the various inspections, audits and surveys in accordance with the Japanese Flag requirements…
Two Williams-Mystic Maritime Studies Program students have been awarded scholarships by Crowley Maritime Corporation. Molly Tucker and Colby Weik were each chosen for their academic excellence, high morale and community involvement. The students…
Crew members from the tanker Key Fighter have spoken about the shock and sadness of losing two of their colleagues who died following an incident on board the ship in early September.The ship was in ballast from Norway to England and the men were found unconscious on board…
More than 600 maritime professionals have gathered for the 18th annual Maritime Economy Forum, in the port city of Gdynia in Poland.The forum held at the Pomeranian Science and Technology conference center is now one of the biggest and most influential maritime events in Poland…
Managing crew travel is just one area that can cause sleepless nights for shipping industry professionals. As someone who works in this specialist and incredibly dynamic sector, I know first-hand how quickly things can change. Overcoming challenges is just part of the day-to-day…
Mark Johnson, a transactional lawyer and former naval officer and ship captain, has joined Haynes and Boone, LLP as a London partner in the firm’s Shipping Practice.Johnson has extensive experience advising on the construction, sale and purchase…
BMT’s integrated navigation and maneuvering simulator suite REMBRANDT has been awarded Class A, B and C certification from DNV GL. The certification further builds on BMT REMBRANDT’s 30-year history as one of the maritime industry’s most recognized advanced project engineering support tools…
A GAC Group-owned office is now operational in Panama, providing a wide range of shipping services to vessels calling at Panamanian ports or transiting the Panama Canal.Bob Bandos, GAC’s Group Vice President – Americas, said, “As a global ship agency…
APM Terminals opened the most advanced container terminal in Mexico. Adidas has since moved the bulk of its inbound goods flow to the terminal in Lazaro Cardenas, where automated gates, an efficient on-dock rail facility and a secure gateway to Mexico City support faster cargo delivery…
Belgian port Antwerp said that throughput continues to register growth in the port. After record semi-annual figures, the total throughput after nine months stands at 177,026,550 tonnes – a sharp 6% increase compared with the same period last year…
