Port of Seattle CEO Ted J. Fick has hired David McFadden as a member of the port’s executive team, effective July 21. McFadden joins the Port of Seattle as the Managing Director of the Economic Development Division, responsible for a portfolio…
Abu Dhabi Ports celebrates ‘Day of the Seafarer’ with a 1,000-strong gathering; Maritime education and related career opportunities highlighted at event Abu Dhabi Ports informs it celebrated the global ‘Day of the Seafarer’ with as many as 1…
The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, has agreed to continue to call at the Port of Houston after APM Terminals, a unit of Maersk Group, said it was permanently terminating its operations there…
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry.Discounted Cash Flow vs Market ValuationsDiscounted Cash Flow Valuations is the…
The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths…
With the christening of the new container ship “Vicente Pinzón”, the Hamburg Süd subsidiary Alianҫa has -- for the moment -- completed the expansion and modernization of its fleet. In the past two years, Alianҫa has launched a total of six newbuildings for its cabotage services…
The decision yesterday by the UK’s Foreign and Commonwealth Office (FCO) to lift its advisory that travel to Mombasa should only be ‘essential’ has been welcomed by local businesses, especially those in the port community.Mohammed Muses…
The stranded tanker SCF Khibiny on June 20 refloated itself without third party assistance and stayed at the anchorage of the port of Istanbul, SCF Group said Tuesday. No crew members were hurt, and no damage was caused to the vessel or its cargo…
Abu Dhabi Ports sees MICCO establish a world-class logistics business center at Kizad.Abu Dhabi Ports, operator and manager of ports and industrial zones in the Emirate of Abu Dhabi, has signed a standard Musataha agreement (SMA) with Al…
Striking French ferry workers blockaded the port of Calais on Tuesday morning, disrupting maritime traffic and Eurotunnel's undersea rail link with Britain in protest at restructuring at its MyFerryLink division, port officials said.Shipping halted early in the day…
The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced last Thursday in the United States Senate to help prevent the type of maritime labor slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought the U…
Kestrel Liner Agencies, a pre-eminent ocean freight provider serving the Caribbean, has started offering capacity on the Haven Platform. Haven, the private marketplace for buying and selling ocean freight capacity. The new partnership offers shippers a growing selection of port pairs…
Authorities in Panama began on Monday filling up the Panama Canal's new Pacific locks. Water for the locks is coming from Miraflores Lake, the Panama Canal authority (ACP) said. Three electric pumps will each move 30,000gl of water per minute and 15 diesel pumps 7…
The Nicaragua canal project, which is being built by Chinese billionaire Wang Jing and his Hong Kong-based Hong Kong Nicaragua Canal Development Investment Co. (HKND Group), is not a threat to Panama, but a complement to the demand of world maritime trade…
Port workers who run Argentina's Rosario grains hub met on Monday with export companies for wage talks aimed at avoiding an open-ended strike that labor leaders had announced for Tuesday, a union official said.A strike at Rosario would slow…
