Tropical Storm Earl moves inland over southeastern Mexico
Tropical Storm Earl moved inland early on Saturday over southeastern Mexico where torrential rains could produce deadly flash floods and mudslides, the U.S. National Hurricane Center said.
Los Angeles Port Fellows Program Makes an Impact
As the maritime industry continues to evolve, the need for developing well-trained, knowledgeable and tech-savvy port leaders of the future has never been greater.
Cosco in Red
Chinese shipbuilder Cosco Corporation (Singapore) has suffered a net loss of S$ 36.8 million (US$ 27.4 million) in the second quarter of 2016. The net loss for the…
First “Neo-Panamax” Calls Port of Philadelphia
The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River. The MSC Sofia Celeste…
Rickmers Profit Nosedives, Plans Lay-ups
Rickmers Maritime incurred a loss of US$55.6m in the second quarter, wider than the year earlier $15.7m on the back of a non-cash impairment charge as charter market conditions deteriorate.
LNG-Prices Slide, Middle East Boosts Imports
The new new supply of liquefied natural gas (LNG) from Russia's Sakhalin plant and weakening demand from Egypt helped snap a months-long rally. Hence Asian spotLNG prices fell this week…
UK Treasury Deletes 3 Iranian Shipping Lines from Sanctions List
The UK Treasury deleted names of three Iranian martitime companies active in maritime transportation from its list of entities entitled to financial sanctions. As…
Cyprus Launches Maritime Academy
The University of Nicosia announced the operation of the Cyprus Maritime Academy at the Bernhard Schulte Shipmanagement Centre for Nautical Education, where the academy’s facilities are housed.
