Asia-Europe Container Shipping Rate Falls 5.5%
Reportedly, shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 per 20-foot container (TEU) in the week ended on Friday…
Passengers Taken Off Stranded Savannah Casino Boat
The U.S. Coast Guard informs that the casino boat 'Escapade' is moored at its homeport and is no longer aground in Calibogue Sound near Tybee Island, Georgia. Watchstanders…
Crystal to Cruise via Arctic Northwest Passage in 2016
Crystal Cruises says it is introducing a new expedition-style voyage traversing the Arctic Ocean via the Northwest Passage (500 miles north of the Arctic Circle)…
Good Profitability Noted in Wärtsilä H1 Interim Report
Wärtsilä and China State Shipbuilding Corporation announced the establishment of a joint venture, which will take over Wärtsilä's two-stroke engine business. Going forward…
Algoma Christens Equinox-class Laker on Arrival
Algoma Central Corporation announces the arrival in Canada and the christening of its second Equinox Class bulk cargo vessel, the 'Algoma Harvester'. The christening…
BAE Systems Awarded USS New Orleans Drydocking Contract
The U.S. Department of Defense informs that BAE Systems San Diego Ship Repair, San Diego, California, is being awarded a US$15,178,728 modification to previously…
Ingalls Shipbuilding Awarded Navy LHA 8 Affordability Contract
Huntington Ingalls Industries' informs that its Ingalls Shipbuilding division has been awarded an affordability design contract for US$23.5 million for early industry…
UK Club Rating Upgraded by S&P to A (Stable)
Leading P&I club, the UK Club informs it has received the full report from Standard and Poor (“S&P”) explaining its reasons for upgrading the Club's financial rating.
St. Lawrence Seaway June Cargo Upswing at U.S. Ports
U.S. ports throughout the Great Lakes uniformly saw increased tonnage in several cargo categories during the monthof June 2014, according to news excerpted from…
Chris Holm Joins KVH to Direct Human Resources Initiatives
KVH Industries, Inc., announced today that Chris Holm has joined the company to drive strategic leadership in key human resources initiatives supporting KVH’s growth.
APL Voted Best Trans-Pacific Shipping Line
APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL…
Strike Affects Ports in Argentina
Discharge/loading operations at Timbues, San Martin and San Lorenzo are are affected by the indefinite strike declared by CGT San Lorenzo starting at 18:00 hours local time yesterday (16 July).
Arctic Council Received First Tranche from Russia
Russian Ministry of Finance transferred the first tranche of 5 million euros for implementation of environmental projects of the Arctic Council. This amount is the…
P3 Network Not to be Implemented in China
The Chinese Ministry of Commerce (MOFCOM) yesterday announced that they have not approved the P3 Network (P3). P3 was a long-term operational vessel sharing agreement proposed by MSC…
Aker Philadelphia Shipyard : Buyback Program of Own Shares
The Board of Directors of Aker Philadelphia Shipyard ASA has resolved to initiate a buyback program for up to 10% of the Company's share capital. The decision reflects…
Sound Oil Appoints Marco Fumagalli as Non-exec Director
Sound Oil, the Mediterranean focused upstream oil and gas company, announced the appointment with immediate effect of Marco Fumagalli as a Non Executive Director…
Foster Wheeler-Led JV to Develop Nafusah Onshore Oilfield
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia)…
Industry's First Color Fishfinder by Lowrance
Lowrance, a world-leading brand in marine electronics since 1957 — announced today the newest additions to its Elite family of fishfinder and chartplotter products, the Elite-3x and Elite-3x All Season pack. The most affordable color fishfinder ever introduced, the new Elite-3x includes a dual-frequency 83/200 kHz Broadband SounderTM transducer and features an LED-backlit display with detailed 240x360-pixel resolution that’s easy to see in full sunlight from wide viewing angles.
Volumes Up for Cleveland’s New Liner Service
The Port of Cleveland announced that its Cleveland-Europe Express, the dedicated monthly liner service that launched in April, had its best month to date in June.
Landing School Receives Excellence Award
The Landing School announced that it has been selected as a recipient of a School of Excellence Award from the Accrediting Commission of Career Schools and Colleges.
