The second quarter 2015 produced better results than the first quarter 2015. So far in the third quarter, we have secured higher average rates than in the two preceding quarters of the year. In 2Q 2015, NAT continued to benefit from both…
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division.Since the beginning of 2015, Sulzer’s Pumps Equipment division…
The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project…
A picket of Hutchison ports in Sydney and Brisbane has entered fourth day after the Maritime Workers Union vowed to continue defying a Fair Work order to cease industrial action. The picketers say that the power to the site has been cut in a bid to move them off…
Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province.The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site…
The Coast Guard commissioned its newest National Security Cutter, the 418-foot Coast Guard Cutter James, Saturday during a ceremony at Coast Guard Base Boston.'Joshua James began his life-saving career at 15 and saved more than 600 lives…
Manufacturer of quality hydraulic steering actuators will join Kobelt to expand marine system offerings.Kobelt announced today the acquisition of Accu-Steer Inc., a US-based manufacturer of quality Hydraulic Steering Actuators.Founded by Bill Pulse and Paul Barber in 1993…
APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed today. Terms and price were not disclosed. Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600…
The Suez Canal Container Terminal, located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and Europe, is preparing for an even larger role in global trade as the expansion of the man…
Through the coordination of the Federal Emergency Management Agency, the amphibious dock landing ship USS Ashland (LSD 48) will depart Guam and arrive in Saipan Aug. 8 to provide relief in the aftermath of Typhoon Soudelor, which devastated the island Aug…
Hong Kong’s Marine Department has issued a reminder about safe handling of containers following the investigation into the death of a sailor on board a container vessel during cargo unloading operations.The incident occurred while containers…
Hamburg Cruise Center (HCC), the marketing initiative for the cruise destination Hamburg, has appointed Matthias Rieger as its new managing director with effect from August 1, 2015. Rieger takes over the post from his predecessor Nadine Maraschi (née Palatz)…
Bibby Ship Management (WE) Ltd., part of Bibby Line Group, informs its employees Sandra Corrigan and Nicky Davenport will embark on a trekking and camping challenge in the Grand Canyon as part of a challenge to fundraise for charity. Corrigan…
Continuing its record breaking performance of handling all time high cargo volume of 61.61 metric million tonnes in the preceding financial year, Mumbai Port Trust has registered an overall growth of 15% upto 31st July this year against the corresponding period in the previous year…
The Director-General of the International Labour Organization (ILO), Guy Ryder, has called for a definitive and durable solution for the thousands of migrant workers who risk their lives in a search of a decent future.“Stopgap measures…
