The European Union should prepare for its companies to be targeted by American sanctions in a worsening trade dispute between the United States and China, former World Trade Organisation (WTO) director general Pascal Lamy said on Tuesday.As they weigh up a response to renewed U…
Eagle Marine Services (EMS), an EQT Infrastructure III-owned container terminal which is one of the largest in the Twin Ports of Los Angeles and Long Beach, today announced the launch of a new corporate brand identity and name.Effective immediately…
There are studies and reports from classification societies, scientific organizations and governmental agencies assuring maritime industries that carbon-heavy fuel is peaking and will be replaced by 2050, if not by 2035, with zero carbon power alternatives…
The United States is looking for a 'pragmatic' approach to the implementation of new marine fuel emission rules that go into effect in 2020, a U.S. Coast Guard official said on Thursday.The United States hopes like-minded countries will put…
Australia's WorleyParsons has entered into a binding agreement to acquire US contractor Jacobs Engineering's Energy, Chemicals & Resources (ECR) division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals…
European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed…
The diversified holding company HC2 Holdings announced that it is exploring strategic alternatives, including a potential sale, for its Global Marine Group (GMG) subsidiary.As part of this process, Global Marine Holdings, a leading provider…
The board of directors of South African state-owned logistics firm Transnet said it had removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multi-million-dollar deal.Transnet, which operates nearly three-quarters of the African rail network…
China's customs says it has introduced a new system designed to speed up customs clearance for some imported mineral ores, including iron ore, at the country's ports.The mineral cargoes can now first be unloaded from vessels and moved to a laboratory for inspection…
The St. Lawrence Seaway Management Corporation (SLSMC) has announced that its unionized employees, members of UNIFOR, ratified a three-year labor agreement covering the period of April 1, 2018 to March 31, 2021.Terence Bowles, President and CEO of the SLSMC…
A new set of toolkits to assess and address emissions from ships and ports is now available from the International Maritime Organization (IMO), the global regulatory body for shipping.The Ship Emissions Toolkit and Port Emissions Toolkit have…
APM Terminals have reached agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR.As part of the sales agreement, APM Terminals will continue managing the terminal, ensuring that needs from both shipping lines and landside customers are catered for…
Mark Johnson, a transactional lawyer and former naval officer and ship captain, has joined Haynes and Boone, LLP as a London partner in the firm’s Shipping Practice.Johnson has extensive experience advising on the construction, sale and purchase…
The European Commission approved on Friday the expansion of a Danish scheme to tax shipping companies on their tonnage, the EU executive said in a statement.Under the so-called tonnage tax schemes, shipping companies pay taxes on the basis of…
The Transport Committee of the European Parliament adopted earlier this week the final report on the Port Reception Facilities and gave a mandate to the Rapporteur Ms Gesine Meissner to start negotiations with the Council and the EU Commission to finalise the text of the new directive…
