People & Company News

 

Antarctic Treaty Meeting Urged to Step Up Climate Change Role

Jun 01, 2015

As the 2015 Antarctic Treaty Consultative Meeting (ATCM) opens today in the Bulgarian capital, the Antarctic and Southern Ocean Coalition (ASOC) urged the ATCM to take action to promote the crucial importance of climate-related Antarctic…

AVEVA to Acquire FabTrol Systems

Jun 01, 2015

AVEVA Group plc announces that it has agreed to acquire FabTrol Systems, Inc. from the Dowco Group of Companies the acquisition is expected to complete by Friday 26 June 2015.FabTrol is a software business, headquartered in Eugene, Oregon…

MacGregor Optimises UASC's Container Vessels Payload

Jun 01, 2015

United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental…

Wartsila's 2nd Edition Encyclopedia Launch at Nor-Shipping

Jun 01, 2015

The second edition of Wartsila's Encyclopedia of Ship Technology is to be launched at the Nor-Shipping exhibition and conference being held in Oslo, Norway from June 2 to 5. The publication provides definitions to the current terminology used in the marine industry's technical vocabulary…

UASC Launches New Europe-US Service

Jun 01, 2015

United Arab Shipping Company (UASC) has launched a North Europe - US East Coast (NEU1) service as well as an order of 3,500 reefer containers as part of its ongoing expansion phase.  The new NEU1 service has been added as part of UASC's…

Odisha’s Paradip Port on the Verge of Closure?

Jun 01, 2015

Odisha Cooperation and Excise Minister Damodar Rout today alleged that there has been a big conspiracy to curtail the business of Paradip port in Odisha.  He said the Central government has knowingly hatched a conspiracy to make Odisha’s Paradip port defunct…

Myanmar Lands Seized Migrant Boat on Island

May 31, 2015

A boat packed with more than 700 'boat people' seized off Myanmar's coast was stopped on a small island on Saturday, as officials gave mixed signals about its final destination.Myanmar's navy discovered the boat with 727 migrants off the country's southern coast on Friday…

Mexico Lifts Bidding Limits for First Batch of Oil Tenders

May 31, 2015

Mexico's oil regulator voted on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction of 14 shallow water fields.The July auction…

HAROPA, an Official Partner for Vinexpo 2015

May 31, 2015

From 14 to 18 June, HAROPA, world top port for wine and spirits, will be an official partner for Vinexpo 2015, a major and inescapable event in the wine and spirit sector.For its first participation in Vinexpo, HAROPA - the alliance of the ports of Paris…

USS Montpelier Modernization Contract for General Dynamics

May 30, 2015

The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics…

Pentair Opens Aquaculture Center of Excellence

May 30, 2015

Mindful that fish farming has the potential to help meet an expanding  population's need for protein in a world with increasing water constraints, Pentair announced the opening of its Pentair Aquatic Eco-Systems' World Aquaculture Technology Engineering & Research Center of Excellence in Apopka…

Scorpio Tankers' Buyback Plan, Newbuild Delivery

May 30, 2015

Scorpio Tankers Inc. announced today (i) a new $250 million Securities Buyback Program, (ii) that it has recently taken delivery of an MR product tanker and (iii) that it will not exercise the options to purchase two LR2s currently under…

Great Barrier Reef Kept Off UNESCO 'Danger' List

May 30, 2015

A heritage committee of the UNESCO cultural agency stopped short of placing Australia's Great Barrier Reef on an 'in danger' list, but the ruling on Friday raised long-term concerns about its future.The long-awaited ruling by UNESCO's…

Seafarers Support Project Launched in the Philippines

May 29, 2015

The Mission to Seafarers has launched a new welfare support project for families in the seafaring heartland of Manila in the Philippines. The number of seafarers that come from the Far East is thought to be around 37 percent of all ratings and…

Wärtsilä Acquires L-3 MSI

May 29, 2015

Wärtsilä completes acquisition of L-3 Marine Systems International  Wärtsilä Corporation announced that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalized and control of the company will be transferred to Wärtsilä with effect from June 1…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Israel attacks Yemeni ports, Houth-run television says
China is now the top buyer of Canadian crude oil on Trans Mountain pipeline due to US trade war
Ukrainian soybean producers expect export prices to increase in May