Baltic Index Dips on China Economy Concerns
The Baltic Exchange's main sea freight index, tracking rates for ships carrying industrial commodities, extended its record low on Wednesday as concerns over the…
EU-funded R&D Produces New Ship Bridge Designs
A three-year EU-funded project, CASCADe, has developed new methodologies in which information is shared and displayed on a ship’s bridge, helping to improve efficiency on board and contribute toward the prevention of accidents at sea. Drawing directly from the experience of seafarers, CASCADe has developed a new adaptive bridge design methodology that treats both human agents and electronic equipment as parts of a cooperative system. This allows for the sharing of information to be optimized.
Drydocks World Earns Five Star Safety Grading
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors, announced it has received a five star rating from the British Safety Council for the Occupational Health and Safety. The company underwent a detailed, quantified and objective audit conducted by the British Safety Council on occupational health, safety management systems and a number of key safety indicators.
China Shipping Woes Continue as Bulk Rates Plunge
Baltic Dry Index hits all-time low of 468 points on Tuesday. China's dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates…
Crowley Promotes VP and Deputy General Counsel
Crowley Maritime Corporation announced today that Kerri McClellan has been promoted to vice president and deputy general counsel for the corporation. McClellan, who is based in Jacksonville and reports to Senior Vice President and General Counsel Mike Roberts, joined Crowley approximately two years ago as senior corporate counsel and assistant corporate secretary and has excelled at corporate governance and transactional work among other legal areas, the company said.
Abu Dhabi Port 2015 Box Traffic Up Sharply
Container volumes rose by 32 percent at Abu Dhabi's Khalifa Port in 2015 buoyed by industrial and infrastructure development in the emirate, operator Abu Dhabi Ports said on Wednesday.
Four Tanks Ablaze at Libyan Ports
Fires caused by clashes between Islamic State militants and guards near Libya's biggest oil ports have spread to four oil storage tanks that were still burning on Wednesday, a guards spokesman said.
Statoil Invests $55M in Innovative Tank Cleaning Tech
Statoil has long been looking for a way to make tank cleaning on supply vessels safer and more effective, and at the same time reduce its environmental footprint. In a new technology just made commercial, it believes it has found a viable solution to one of the maritime industry's age-old problems: Tank Cleaning. M-I SWACO has developed a new technological solution and has now been awarded a contract with Statoil that is valued at around 55.7 million, including options.
Heavy Lifter: Spreader Beam Lifting Rig for Bridge Project
Rope and Sling Specialists Ltd provided a below-the-hook solution to infrastructure management company Amey to lift a truck-mounted access platform during maintenance on the Forth Road Bridge in Scotland. Amey, on behalf of Transport Scotland, undertakes services associated with the operation, management and maintenance of the Forth Road Bridge and its approach roads. It carried out overnight repairs on the bridge last month (December).
CPS Aberdeen Praised for Lifeboat Support
Clarksons Port Services (CPS) Aberdeen was recently presented with a plaque by the RNLI in recognition of its incredible fundtaising on behalf of the Aberdeen Lifeboat Station.
Design for Maintaining Maritime Superiority - CNO
Chief of Naval Operations Adm. John Richardson released 'A Design for Maintaining Maritime Superiority,' Jan. 5, a document that addresses how the Navy will adapt…
Sound Energy Reports Progress On Moroccan, Italian Licences
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to provide the following update on its Moroccan and Italian gas portfolio. Further…
Adani, Terminal Investment to Create Transhipment Hub at Mundra
Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, today said it will expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port.
Colombo Port to be Among Top 20 Soon - Minister
Port and Shipping Minister Arjuna Ranathunga said he plans to bring the Colombo Port to be among the top 20 global container ports. He said every possible step has…
Euroseas Sells Vessels, Refinances Newbuild
Euroseas Ltd., owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced the sale of several vessels…
MSC Returns to Iran
MSC Mediterranean Shipping Company S.A has resumed vessel operations to Iran, after services were suspended in 2012 in response to trade sanctions. From April 2014…
Commercial Ships Makes a Comeback to Iran
With MSC Mediterranean Shipping Company has resumed vessel operations to Iran, after services were suspended in 2012 in response to trade sanctions, Some of the…
Europe Set for Decline in Container Volume
The latest edition of Hackett's Global Port Tracker North Europe Trade Outlook predicts cargo volumes on the route may fall this year, with a decline of as much…
ZIM to Expand Its Refrigerated Container Fleet
ZIM Integrated Shipping Services has announced the expansion of its refrigerated container fleet in order to answer the demand for its innovative ZIMonitor service.
Global Logistics Index Hots Lowest in Four Years
The index that tracks shipper and freight forwarder confidence in the activity of the U.S.-Europe and Asia-Europe shipping lanes hit its lowest level in December…
