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TORM CFO Zacho Resigns

May 24, 2016

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S.Mads has been with TORM since 2013 and will remain with the company for a transitional period to effect an orderly handover of his responsibilities…

Korea Express Orders Two Quaymate M50 Cranes

May 24, 2016

Xiamen, People’s Republic of China, 24 May 2016 – Terex Port Solutions (TPS) notches up another success for its Terex Quaymate M50 mobile harbour crane. After the first machine in the world completely manufactured and assembled by the Chinese…

Mumbai Port to Revamp Int'l Cruise Terminal

May 24, 2016

Indian Merchants’ Chamber provides a platform to urban developers to address various issues pertaining to the restructuring of Mumbai CityMumbai, May 23, 2016: Mumbai has a real opportunity to be developed as an international cruise terminal…

French Oil and Port Workers Vote to Begin New Strikes

May 23, 2016

Oil sector workers of French CGT and FO unions voted on Monday to begin a strike at Exxon Mobil's 240,000 barrels-per-day Port Jerome refinery in northern France, the unions said in a joint statement. Workers at a port terminal in Le Havre…

Four Rescued from Sinking Boat off Salisbury Beach, MA

May 23, 2016

A Coast Guard boat crew responded to a 21-foot cuddy cabin taking on water with four people aboard Saturday approximately 25 nautical miles east of Salisbury Beach. Coast Guard Sector Boston watchstanders received report of the sinking boat…

Scandlines’ Hybrid Ferry in Operation

May 23, 2016

On Monday 23 May 2016, Scandlines’ new hybrid ferry, M/V Berlin, will for the first time carry passengers when it departs from Rostock towards Gedser at 06:00. Scandlines has now acquired all necessary certificates for the new hybrid ferry for the Rostock-Gedser route…

Man Rescued from Cliffside Near Sunset Bay State Park, Ore

May 21, 2016

The Coast Guard rescued a man from a cliffside near Sunset Bay State Park, in Charleston, Friday afternoon.The man was hoisted by an MH-65 Dolphin helicopter aircrew from Coast Guard Air Station North Bend and safely transported to the air station were he was released without injury…

Pioneer Marine Sink Deeper into the Red

May 21, 2016

Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ('Pioneer Marine,' or the 'Company') a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the first quarter ended March 31…

HCI Group Takes Over 13 Feeder Containerships

May 21, 2016

The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio acquisition and is investing a substantial amount itself. The portfolio consists of thirteen feeder ships of between 800 and 1…

DP World at China’s Belt & Road Summit

May 21, 2016

Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential…

Samskip, Pro-Log Double Barge Services

May 21, 2016

Multimodal network operator Samskip and inland waterway transport provider Pro-Log are celebrating the 10th anniversary of barge operations connecting Rotterdam and Duisburg by adding a second vessel, increasing service frequency to six times weekly…

Crowley Awards Scholarships to Four Mass. Maritime Students

May 20, 2016

Four students from Massachusetts Maritime Academy (MMA) have been awarded Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships. Chosen based on their academic achievement, financial need and plans to pursue a career in the maritime industry…

Palm Beach Port Commissioners Stop Funding for ACOE Project

May 20, 2016

On Thursday, May 19, 2016, the Port of Palm Beach Board of Commissioners agreed to exclude funding for a proposed U.S. Army Corps of Engineers Lake Worth Inlet navigational improvement project from the port’s Master Plan Update.The ACOE project…

AAPA, USDOT to Commemorate NM Day Jointly

May 20, 2016

A little-known annual American commemoration is coming up again on May 22 - National Maritime Day. It was declared by Congress in 1933 to call attention to America’s proud maritime heritage and to honor the men and women who serve and have served as U…

ISS Appoints Moore Global Compliance Officer

May 20, 2016

Inchcape Shipping Services (ISS) has demonstrated its continued commitment to compliance with the appointment of Karen Moore as Global Compliance Officer. Karen joins from financial markets and technology company, NASDAQ, where she was Associate General Counsel…

Logistics News

Rio Brasil Terminal Cabotage Connectivity Expands with Norcoast Service

Rio Brasil Terminal Cabotage Connectivity Expands with Norcoast Service

Power to Hydrogen Delivers Half-Megawatt AEM Electrolyzer to Port of Antwerp-Bruges

Power to Hydrogen Delivers Half-Megawatt AEM Electrolyzer to Port of Antwerp-Bruges

UK P&I Club Appoints Jeong-Sook Kim as Senior Underwriting Director

UK P&I Club Appoints Jeong-Sook Kim as Senior Underwriting Director

ABB to Power Allseas’ Heavy Transport Vessel Grand Tour

ABB to Power Allseas’ Heavy Transport Vessel Grand Tour

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