Norsafe Bags Patrol Boats Order
Norsafe announced it has recently secured an order from Papastratos Tobacco Company S.A., an affiliate of Philip Morris International in Greece, for the construction of five high speed patrol boats…
ZIM Announces Senior Management Changes
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.Teitelbaum will join the company after working for Colmobil Corporation…
Mexico Slaps Tariffs on US Steel, Agricultural Products
Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products and on some agricultural goods, the Mexican economy ministry said on Tuesday, after pledging to retaliate against U.S. President Donald Trump's metals tariffs.The ministry published a list of new tariffs in the government's official gazette, which included a 20 percent tariff on U.S.
China Busts Gangs Smuggling Scrap Steel
Customs in China's southeastern Fujian province broke up five gangs smuggling scrap steel in a late-night operation on Monday, the official Xinhua news agency reported.A total of 28 criminal suspects were held in Xiamen, Quanzhou and other cities in the coordinated operation, in which 3,237 tonnes of scrap steel was seized.The gangs had been buying the scrap in China, the world's biggest steel producer, since 2017 and sending it to Southeast Asian countries, Xinhua said.Amount of scrap smuggled
Vietnam to Resume Importing Wheat from Ukraine
Vietnam's government has approved a decision to resume imports of Ukrainian wheat after about a two-year pause, Ukrainian grain traders union UZA said on Tuesday.Vietnam suspended purchases of Ukrainian wheat in 2015 after it found weevils in grain parcels delivered with fake phytosanitary certificates."The decision has been made to resume imports of Ukrainian wheat and to carry out strict phytosanitary control during the importation of grain from Ukraine," UZA said in a statement.Ukraine is amo
Kalmar Upgrades Bristol Port's STS Crane
Kalmar, part of Cargotec, has signed a contract with The Bristol Port Company to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes.The…
Baltic Index Climbs for Fourth Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Tuesday for the fourth straight session as rates across vessel segments rose.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 56 points, or 4.7 percent, to 1,249 points, its highest in over two weeks.The capesize index, which was also up for the fourth straight session, gained 123 points, or 7.2 percent, to 1,835 points.Average daily e
Tanker Refloated in St. Lawrence Seaway
A 17,000 dwt product tanker that ran aground in the St. Lawrence Seaway last week has been refloated and pulled free from the edge of the waterway.The Marshall Islands…
VLCC Tedorigawa Delivered to K Line
Japanese shipping major Kawasaki Kisen Kaisha (K Line) took delivery of its newest very large crude carrier (VLCC), Tedorigawa.The 311,000 dwt vessel was built at…
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