Hoover Container Solutions Opens Facility in Brazil
Hoover Container Solutions, a global provider of chemical tanks, cargo carrying units and related products and services, opened its new service facility in Brazil. The wash line facility allows Hoover to provide expanded cleaning services while handling all intermediate bulk containers (IBCs), ISO tanks and offshore equipment destined for oil and gas platforms, mining sites, islands and supply bases in the region, Hoover said.
Prumo Sells 20% of Brazil Acu Oil Terminal to Oiltanking
Prumo Logistica SA , the Brazilian port operator controlled by U.S.-based EIG Global Energy Partners, agreed to sell 20 percent of its oil terminal at Brazil's Port…
Egypt's Sisi Launches Nationalist New Suez Canal Celebration
Egypt staged a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian last year, told a ceremony attended by leaders of France, Russia, Arab and African states that Egypt would defeat terrorism.
CMA CGM Ships Lead Procession in the Suez Canal
Worldwide shipping group CMA CGM informs that two of its containerships are leading a vessel procession that celebrates the inauguration of the newly expanded Suez Canal on Thursday, August 6. The two vessels at the head of the procession, CMA CGM Laperouse and CMA CGM Titan, sail as part of 11 of CMACGM’s main shipping lines transiting by the Suez Canal. Eight percent of the world’s commercial maritime traffic goes through the Suez Canal…
Container Ships Make Slow Return to Iran After Nuke Deal
The first international container ships began arriving in Iran this week after the nuclear deal between Tehran and world powers, yet many ship owners remain wary…
Calais Crisis Presents Liability Issues, TT Club Warns
As the political and humanitarian situation in Calais continues to unfold, the specialist freight transport insurer, TT Club provides a perspective on the implications…
ASEAN Nations: Seriously Concerned over S.China Sea Dispute
The ASEAN group of Southeast Asian nations said it was "seriously concerned" about land reclamation in the South China Sea, according to a draft of the final communique…
Asia Dry Bulk-Capesize Rates Steady at 8-month High
Freight rates climb after BHP-led charter flurry; tight tonnage supply bolsters capesize freight rates. Freight rates for capesize bulk carriers could hold around…
Taiwan Mulls Increased Regional Maritime Cooperation
Taiwan's coastguard wants to improve cooperation with the Philippines and conduct joint search and rescue exercises despite tense standoffs in disputed waters in recent months…
Sewage Flow is Williston's Oil Bust Indicator
The population of a U.S. oil boomtown that became a symbol of the fracking revolution is dropping fast because of the collapse in crude oil prices , according to…
General Dynamics Declares Dividend
The board of directors of General Dynamics today declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable November 13, 2015…
13 Yr Old Medevaced Off Peddocks Island, Boston Harbor
A Coast Guard rescue crew, accompanied by two Hull Emergency Medical Services technicians, medically evacuated a 13-year-old male Wednesday at about 7:30 p.m. from Peddocks Island…
Dun & Bradstreet Take Christy on Board
Dun & Bradstreet nnounced today the appointment of Cindy Christy, president and chief operating officer of Asurion Corporation, to the company's Board of Directors, effective immediately.
Incat Designs Dive Vessel for Down Under Cruise & Dive
Incat Crowther has entered into a contract to design a 33m Catamaran Dive Vessel for Down Under Cruise & Dive of Cairns, Australia. Construction of the vessel is…
Wärtsilä to Power First Dual-Fuelled Dredger
A new generation "Antigoon" class dredger, called Scheldt River, being built by Royal IHC in the Netherlands on behalf of the Belgium based DEME Group, is to be…
GLDD Completes Suez Contract
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services…
Malcolm Elected to General Dynamics Board
The board of directors of General Dynamics has elected Mark Malcolm to be a director of the corporation, effective August 5, 2015. He has been appointed to serve on the Audit Committee.
India to Decentrale Chartering Arrangements
India's state-owned companies can now make their own shipping arrangements of both dry and liquid bulk cargo without having to route their requirements through the Shipping Ministry.
First 'Halal Cruise' to Sail from Turkey
To tap devout Islamic believers, Turkey will launch its first Muslims-friendly 100 percent halal cruise on the Aegean Sea next month for religiously observant travelers in the country.
U.S. Navy's Deadly War Sub Enters Submarine Fleet
The United States Navy has officially commissioned the USS John Warner, the most powerful attack submarine to be developed in the history of the country, in a ceremony at the Norfolk Naval Station.