Freight Logistics Implements CargoSphere Rate Technology Platform
CargoSphere, a cloud-based global rate management solution and confidential Rate Mesh for the ocean and air transportation and logistics industries, has announced that Freight Logistics, a global freight forwarder and logistics service provider, has implemented the CargoSphere technology platform. Freight Logistics is now self-managing air and ocean carrier contracts using CargoSphere’s SUDS (Smart Upload and Diagnostic Solution) and is receiving rates over CargoSphere’s Web-based…
HMAS Newcastle On Middle East Patrols
Royal Australian Navy frigate HMAS Newcastle has arrived in the Middle East Region and has commenced her first patrol as part of Operation MANITOU after officially joining the operation on May 1, 2015. Newcastle departed for her first patrol as part of a six-month rotation that will see her cover approximately 2.5 million square miles of international waters to conduct maritime security operations in the region.
Refugees Arrive in Malaysia, Indonesia after Thai Crackdown
Malaysia detained more than a thousand Bangladeshi and Rohingya refugees, including dozens of children, police said, a day after authorities rescued hundreds stranded…
DP World to price $500 mln Bond
DUBAI, May 11 (Reuters) - Dubai's DP World has released initial price guidance for a $500 million bond expected to be sold on Tuesday, a document from lead managers showed.
Daewoo Shipbuilding Eyes Maersk Boxship Order
South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) is in talks with a unit of A.P. Moller-Maersk for a potential order to build ultra-large container ships…
Germany Subsidizes Warships Sale to Israel
Israel bought four German-made corvette warships on Monday to help secure its Mediterranean gas rigs, with Berlin heavily subsidizing the deal, Israel's Defence Ministry said on Monday.
China Crude Imports Expected to Surge
China's appetite for crude oil is expected to pick up later this year as storage comes online and new buyers emerge, even after its inbound shipments surpassed United…
Libya Shells Turkish Cargo Ship, One Dead
Turkey says vessel was carrying plasterboard to Tobruk. Forces loyal to Libya's internationally recognised government said on Monday they shelled a Turkish ship…
Ghana, Ivory Coast Negotiate Maritime Dispute
The presidents of Ivory Coast and Ghana held talks in Geneva on Monday on a maritime border dispute that has frozen new oil drilling in a contested area, a spokesman for mediator Kofi Annan said.
Zambelli appointed CCO, Maersk Drilling
Ana Zambelli, currently Managing Director for Subsea Operations at Transocean, will take up the role as Chief Commercial Officer (CCO) in Maersk Drilling. She will…
Busiest Capesize Demolition Market Ever
The activity on the demolition market is off to a good start in 2015 when looking at dry bulk tonnage, according to international shipping association Baltic and…
FSV Group Acquires Damen Barge for Aquaculture
FSV Group, the Norwegian operator of specialised vehicles for maritime operations, has taken delivery of a customised 41-metre Damen barge which will provide a range…
ClassNK Releases Amendments to Class Rules
ClassNK has released the amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 8 May 2015. ClassNK continuously reviews, updates…
Naming of UASC's 'Barzan' at HSHI, S. Korea
Barzan, the first in a series of six 18,800 TEU container vessels ordered by UASC, was recently named at Hyundai Samho Heavy Industries (HSHI) in Mokpo, South Korea.
DNV GL Wins KOGAS TQ Contract
DNV GL Korea, the technical advisor to the oil and gas industry, has been awarded a technology qualification (TQ) contract with Korea Gas Corporation (KOGAS) for…
OSRCL Inks Maintanence Deal with Wood Group
Wood Group Kenny (WGK) has secured a five year contract with Oil Spill Response (Capping) Ltd (OSRCL) to provide the maintenance support for a key part of a containment…
Wärtsilä's' Scrubber Systems for Dutch RoRo Vessels
Royal Wagenborg, the Dutch ship owner and operator, has ordered Wärtsilä scrubber systems to clean the exhaust emissions from two of its RoRo carriers, the 'Balticborg' and 'Bothniaborg'.
ICTSI 1Q 2015 Income Up 3%
International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the quarter ended March 31, 2015 posting revenue…
BC Ferries’ First-Ever Cable Ferry Named
BC Ferries unveiled the name of its newest vessel and first-ever cable ferry, Baynes Sound Connector, at an official naming ceremony at Seaspan’s Vancouver Shipyards in North Vancouver on 9th May.
Suezmax Tanker Market Improves
Suezmax tanker owners are among the “happiest” ones when it comes to the performance of their vessels during 2014, as well as throughout this year as well says the…
