People & Company News

 

New Long Beach Harbor Commissions Confirmed

Jul 19, 2017

The Long Beach City Council on Tuesday voted unanimously to confirm Mayor Robert Garcia’s appointments of Frank Colonna and Bonnie Lowenthal to the Board of Harbor Commissioners. Colonna and Lowenthal are both former City Council members…

Mega Ship MOL Tribute Under BSM Management

Jul 19, 2017

Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196…

ClassNK Singapore Celebrates 50 Years

Jul 19, 2017

ClassNK hosted an anniversary party on July to commemorate 50 years of its Singapore Office, established in 1967 to broaden the classification society’s service network in Southeast Asia. Held at the Mandarin Oriental Hotel, the evening…

Samsung Heavy to Cut Its Workforce

Jul 18, 2017

South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce,  and have employees return part of their salaries in order to cut costs, according to Yonhap News Agency. SHI unveiled a self-restructuring…

Imperial Couple Visits NYK Maritime Museum

Jul 18, 2017

Japan’s Emperor Akihito and Empress Michiko paid a visit to the NYK Maritime Museum in Yokohama on July 17, 2017, a national holiday known as Marine Day.Yasumi Kudo, NYK Chairman and Tadashi Abe, director of NYK Maritime Museum greeted the Imperial couple and Hakuei Wakiya…

Japan's Top 3 Shippers Sail to Profit in Q1

Jul 16, 2017

The healthy international trade and cost cutting measures augurs well for Japan's to three marine shippers -  Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha - reported Nikkei. The report said that the three companies are expected to post a group pretax profit for April-June…

UniCarriers Corporation becomes Mitsubishi Logisnext

Jul 13, 2017

Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to 'Mitsubishi Logisnext. Mitsubishi Nichiyu already announced its intention to perform the operational integration…

Dredging Seminar Held in Bangladesh

Jul 13, 2017

On Tuesday, July 11, Damen hosted a dredging seminar in Dhaka, Bangladesh attended by more than 100 representatives from the Dutch Embassy in Bangladesh, experts from the Bangladesh Government, the Bangladesh Navy, local financing institutions…

SC Ports Reports Record Volume in FY2017

Jul 12, 2017

South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes. Highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year…

Transnet Second State Company to Flag Accounting Irregularities

Jul 12, 2017

South African state-run transport and logistics company Transnet said on Wednesday it had suspended senior officials after external auditors flagged 'reportable irregularities' to their regulatory body. Transnet's admission comes a day after…

Rickmers to Sell its Last 9 Vessels to Navios

Jul 11, 2017

HSH syndicate, comprising HSH Nordbank and DBS Bank, has approved the sale of the remaining nine of 14 vessels of Singapore-based Rickmers Trust Management for some $54 million to Navios Partners Containers and Navios Partners Containers Finance…

JNPT Registers 5.11% Growth in Container Traffic

Jul 11, 2017

India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18. According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as compared to 1…

Aumann Named CEO of Oman Drydock

Jul 11, 2017

Stephan Aumann has been appointed by ASYAD (formerly Oman Global Logistic Group) board of directors as the new CEO of the Oman Drydock Company S.A.O.C. in Duqm/Oman.Aumann assumed the role June 15 and replaced the former CEO Jin Han Lee (DSME)…

Rucker Named President of Tideworks

Jul 11, 2017

Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank…

Camenzuli Named to Federal Coast Guard Committee

Jul 11, 2017

SUNY Maritime College physician assistant Danielle Camenzuli has been appointed by the Secretary of the Department of Homeland Security to the U.S. Coast Guard’s Merchant Mariner Medical Advisory Committee.  The committee is responsible…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

Germany is considering a law reform to stop the Russians from acquiring Nord Stream
Sources say that Kazakhstan's TCO has shipped the first oil from Kazakhstan to Germany via Druzhba.
Sources say that Russia's daily oil exports to its western ports will drop by 3% in July.