Ruscon Sees Cargo Boost Despite Russian Downturn
Though Russian ports have seen a general decline in the number of containers handled, multimodal operator Ruscon reports it has seen its own numbers rise. Ruscon, a subsidiary of Russian container transport company Global Container Service (GCS), said it handled 65,793 laden containers in the first half of 2015 compared with 58,754 in the same period last year, representing an 11 percent increase.
Maersk to Buy Perez v Cia Box Terminals
Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk said on Friday it has agreed to buy the remaining 39 percent of Grup Maritim TCB and be sole controlling…
Asia-Europe Box Rates Slip 10 pct Last Week
Freight rates for shipping containers from Asia to northern Europe fell 10 percent to $233 per 20-foot container (TEU) in the week ended on Friday, one source with…
USN Cites Modern Threats to (again) Start Teaching Celestial Navigation
Picture this: A naval vessel is navigating the high seas thousands of nautical miles from land. Suddenly all navigation systems become inoperable. What happens next? What does this mean? The Navy looks to its past to chart its future. With today's technology rapidly advancing, the Navy realized that many basic techniques are still relevant to safe operations at sea. Celestial Navigation (CELNAV) is one skill that has not been formally taught to Navy officers…
Hapag-Lloyd Order Books for Market Listing is Covered
Container shipping group Hapag-Lloyd has received bids for all of the shares on offer for its planned stock market flotation on Oct. 30, a person familiar with the deal said.
Polarstern Returns from Arctic
On Wednesday, 14 October 2015 the research icebreaker Polarstern from the Alfred-Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI), entered its homeport in Bremerhaven.
Wagh Joins BSM India as Dy MD
Bibby Ship Management welcomed Sanjiv Wagh as Deputy Managing Director of its India offices. With over 30 year’s industry experience, Mr Wagh joins Bibby Ship Management…
Bechtel Joins World Ocean Council
The global engineering, project management and construction company, Bechtel has become a member of the World Ocean Council (WOC), the international business alliance…
TSB Team to Investigate Trois-Rivières Collision
The Transportation Safety Board of Canada (TSB) is deploying a team to Trois-Rivières, Quebec, following the collision between the bulk carrier Desert Rhapsody and the tug Ocean Basque.
China Port Opens New Mediterranean Route
China's Tianjin Port has opened a new regular shipping route to the eastern coast of the Mediterranean Sea, reports Xinhua. The route, run by nine container ships…
Port of Baltimore Sets Container Record in August
The Helen Delich Bentley Port of Baltimore handled a record 86,149 twenty-foot-equivalent units of total container volume in August as shipping volume continued to swell.
Sevan, Cosco Agree Rig Delivery Delay
Norway-headquartered drilling contractor Sevan Drilling and Chinese shipbuilder Cosco Corporation have agreed to delay the end of the first deferral period for cylindrical…
Coscol Profit Jumps by 91pct
The heavy lift arm of China’s Cosco Group, China Shipping Co (Coscol) has almost doubled its profit for for the first nine months despite a fall in revenue. Coscol…
Maersk Ready to Weather any Storm, Says CEO
Nils S. Andersen chief executive of oil and shipping giant, Moller-Maersk says that his company was prepared to weather the storm to defend its 15 percent share…
World Ship Owners Adopt Kalu as President
World Shipowners’ Association (WSA) has appointed Nigeria-born Forbes billionaire and President of Slok Group, Orji Uzor Kalu as interim president of the body. The…
Marines Thwart Biggest Bunker Robbery in Singapore
Malaysian Maritime Enforcement Agency (MMEA) in Johor Baru thwarted the biggest robbery attempt so far this year on marine fuel oil (MFO). MMEA director-general…
From Fire to Emissions, Ferry Debates Heat Up
Firefighting led a stream of topical debate at trade association Interferry’s 40th annual conference in Copenhagen last week – but not before a record 342 delegates…
Crowley Orders BWT System Retrofits
Crowley Maritime Corporation has entered into strategic partnership agreement with South Korean-based green technology developer Panasia Co., Ltd. for ballast water treatment systems to be installed during retrofitting of its ATB fleet. The agreement also includes technical services, engineering, integration, commissioning, training, scheduled delivery and spare parts. Panasia GloEn-Patrol treatment…
Demolition of Derelict Wharf Begins
Work has begun to demolish the former Odin Seafood dock on the Prince Rupert waterfront in British Columbia, the Prince Rupert Port Authority announced today. Located…
Los Angeles Moves 730,306 TEUs in September
A total of 730,306 twenty-foot equivalent units (TEUs) was handled by the Port of Los Angeles in September 2015, the port reported. Although volumes were robust, they fell short of last September, which ranks among the strongest months in port history, the port said. September 2015 volumes were down 5.8 percent compared to the same period last year. "While we fell short of last September's exceptional volume of 775…
