Diana Containerships: Split Ratio for Reverse Stock Split
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that its Board of Directors has determined the…
Rickmers-Linie Appoints Oceanway as Sales Agent
Rickmers-Linie, a heavylift and project cargo liner specialist has appointed Oceanway S.A. in Buenos Aires as its sales agent for Argentina with immediate effect. Oceanway will focus on sales of Rickmers-Linie’s services to and from Argentina, especially where Argentinian companies are involved. Gerhard Janssen, Director Global Sales and Marketing of Rickmers-Linie, commented: “With the nomination of Oceanway we are taking further steps to reinforce our activities in South America.
Damen Delivers Two Tugs to SAAM
SAAM S.A., a towage company with operations across South, Central and North America, has taken delivery of two ASD Tugs 2411 from the Damen Shipyards Group. These compact yet powerful vessels deliver over 70 tonnes of bollard pull and are exceptionally manoeuvrable and reliable. The order was placed just three months ago, following a visit by SAAM representatives to Damen Song Thu Shipyard in Vietnam where the vessels were already in build for stock.
Baltic Index Down on Weaker Panamax Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell slightly on Monday on weaker demand for panamax vessels.
ICS Starts Major Campaign on MRV
The member national shipowners' associations of the International Chamber of Shipping (ICS) have agreed to commence a co-ordinated campaign aimed at European Union (EU) institutions…
Aderco Turns 35
waterways. 2016 - With over 20 million metric tonnes of fuel treated annually, Aderco additives are trusted by Shipowners’ and Shipmanagers’ worldwide to reduce OPEX…
APM Terminals Implements Truck Safety Procedures
With the successful completion of a pilot-program at five terminals, the new initiative will be in place across the entire APM Terminals Global Terminal Network by year-end.
Esvagt Deepens Relationship with Hess
Purpose built ESVAGT vessel to perform additional tasks for Hess at the South Arne field. ESVAGT and Hess, who have collaborated at the South Arne field for 17 years…
Seafarers' Vital Role in Migrant Crisis - Mission to Seafarers
As the treacherous Mediterranean Sea claimed more than 1,000 lives over the past few weeks, Mission to Seafarers has praised seafarers in their efforts in helping save the lives of many…
MacGregor's Greek Service Center sees a Boom
MacGregor, part of Cargotec, continues to serve the busy Greek shipping industry from its new, larger premises at Akti Miaouli, which is in the heart of the Greek port of Piraeus.
GAC's HullWiper set to launch in Rotterdam Port
GAC EnvironHull has announced that its pioneering hull cleaning system, HullWiper, will be available to shipowners berthing in the Port of Rotterdam next month.
DP World Chairman Meets Argentine President
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem has met Argentinian President, Mauricio Macri in Beunos Aires to discuss cooperation in the ports and cruise terminals sector.
Goodwood Ship Management Opens Training Center, Office in Mumbai
Goodwood Ship Management, the Singapore based management company, has expanded its seafarer training facilities in Mumbai. A new training center and office has been…
UK Chamber: Nascent Recovery to UK Ship Register Welcome
Statistics show an increase in the UK registered trading fleet for the first time in four years, rising by 8%. However, the figures also show a fall of 18% in UK owned tonnage.
'THE Alliance' Set to Take on Global Giants
"THE Alliance" forged by six of the world’s largest multi-services shipping companies would challenge the dominance of global giants such as Maersk Line and Mediterranean Shipping Co. (2M).
France Urges EU's South China Sea Patrols
France aims to push European Union countries to coordinate navy patrols in the disputed South China Sea, French defence minister Jean-Yves Le Drian said at the Shangri…
Maersk to Use Drones to Resupply its Fleet of Tankers
Global shipping and logistics firm Maersk is looking at ways to use drones for delivering equipment to ships and is planning to conduct a test later this year, after…
Arctic Could Be Ice-Free for First Time in 100000 Years
For the first time in 100,000 years the chilling landscape of Arctic known for its snow-capped mountains and polar bears may be without its sea ice either this year or the next.
BC Ferry Cancellations After Truck Gets Stuck on Ramp
A number of ferry sailings between Horseshoe Bay and Nanaimo have been cancelled after a semi truck got stuck on the loading ramp. BC Ferries said the truck was…
ECB urges Bremer Landesbank to boost capital amid shipping crisis
The European Central Bank has urged German state-owned lender Bremer Landesbank to shore up its capital resources against non-performing loans in shipping, three sources familiar with the matter said.
