Port Manatee Sets Course for Growth
A new study report projects cargo volume through Port Manatee will more than double over the next 10 years. The 2016 Port Manatee Master Plan Update, accepted June 16 by the Manatee County Port Authority, provides a strategic vision and framework for continued diverse growth of the port of Southwest Florida for the coming decade and beyond. “We are encouraged by the positive opportunities presented in the master plan update,” said Betsy Benac, chairwoman of the Manatee County Port Authority.
Parrott to Take the Helm as Foss Maritime President
Foss Maritime Company chief operating officer John Parrott will take over the role of president of Foss Maritime, assuming responsibility for the day-to-day operations of the company as of August 1, 2016. Current president and CEO, Paul Stevens, will remain CEO of Foss until the end of 2016. He will then move to Foss' parent company, Saltchuk, where he will serve as senior vice president and managing director.
IMCA Appoints Bradshaw as Policy and Regualtory Affaris Manager
Strengthening its policy and regulatory affairs team, the International Marine Contractors Association (IMCA) has appointed John Bradshaw as Policy and Regulatory Affairs Manager to lead on worldwide policy and legislative issues, with responsibility for developing and delivering the international trade association’s policy and regulatory strategy, including representing members with regulators and other third parties.
Asia-N.Europe Box Rates Plunge
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.8 percent to $540 per 20-foot container (TEU) in the week ended on Friday…
USMMA Stops Sea Training: UPDATED
While the Department of Transportation (DOT), the Maritime Administration (MARAD), and the United States Merchant Marine Academy (USMMA) have made consistent efforts…
Wärtsilä Welcomes Cadets of SUNY Maritime Training Ship
Wärtsilä welcomed cadets from the State University of New York (SUNY) Maritime College to its Trieste factory during the school's summer sea term Italian port stop in June.
NYK Selected “Competitive IT Strategy Company”
The NYK Group has been selected by Japan's Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) as a “Competitive IT Strategy Company” for 2016.
APM Terminals, Volvo Ink Chennai Warehouse Deal
APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialized warehouse facility in Chennai.
Nordic American Tankers Fixes Suezmax on Timecharter
Nordic American Tankers Ltd. (NYSE:NAT) entered into a 30 months charter contract with a subsidiary of ExxonMobil (EM) for one of the NAT suezmaxes. The firm period…
Virginia Port Sees 2% Volume Growth
The Port of Virginia processed 219,398 twenty-foot equivalent units (TEUs) in May, bringing the port to 2 percent growth in TEU volume for the calendar year and 2.6 percent growth in the fiscal year…
Polarcus: Grant of Employee Share Options
Polarcus Limited announced the award of share options to two Primary Insiders. 500,000 share options were granted to the Company's newly appointed General Counsel, Mr.
COSCO Shipping Bulk Sets Sail
The world's largest bulk vessel fleet in terms of both ship numbers and deadweight tonnage COSCO Shipping Bulk Co is officially launched in Guangzhou. Its a merger…
Major Shippers Select CargoSmart's VGM Solution
CargoSmart Limited has announced that its customers are preparing to submit the verified gross mass (VGM) of their cargo through CargoSmart's platform to comply…
MSC Launches 'myMSC'
MSC has recently launched a new customer portal called ‘myMSC’ which allows you to submit your VGM instructions online and much more. The launch of this portal has…
MSC Announces New Port Call, Revises Canada Gulf service
MSC’s California Express service is now to feature a new port of call – Manzanillo in Mexico. The addition brings a significant customer benefit in transit time and reliability…
UASC Readies with VGM Processing
The SOLAS Container Weight Verification Requirement Verified Gross Mass (VGM) - System readiness by UASC. United Arab Shipping Company (UASC) announced that the…
THE Alliance Beckons HMM
Hyundai Merchant Marine (HMM) is sailing into the THE Alliance. With the new charter deals it is now “one step closer to becoming a member of THE Alliance”, from…
NATO Accelerates Military Buildup in Black Sea
The NATO buildup in the Black Sea is part of the alliance's strategy to expand its military presence along Russia's borders. The move would destabilize the situation in the region…
Cordero Urges ‘Obvious Path’ to VGM Compliance
With the implementation date for new container weighing requirements 14-days away, Chairman of the Federal Maritime Commission Mario Cordero said the time has come for ocean carriers to embrace the obvious solution to achieving compliance that Marine Terminal Operators can offer. Specifically, Cordero asserted the weight of export containers, as determined by terminal operators, can and should be classified as the Verified Gross Mass (VGM) of the container.
ABS Group Signs on Elba LNG Project
ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity…
