CN Rail Acquires Trucking Company TransX
Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of Companies, one of Canada’s largest and oldest transportation companies.“We…
Nearly 500 Airlifted from Stricken Cruise Ship
Rescue services had airlifted 479 people to safety from a luxury cruise liner with engine trouble off the coast of Norway by Sunday morning and began towing the vessel to a nearby port.The Viking Sky…
Diamond S Shipping Taps Kilcullen as CFO
US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo…
US: Russian Ship Suspected of Aiding N.Korea
The U.S. government has named a Russian ship on a list of vessels suspected of providing fuel to Pyongyang, a month after Reuters reported the same ship violated…
BDO: Shipping Confidence Rises
Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO, a survey that was launched 11 years ago.The survey says …The average confidence level rose to 6.2 out of maximum score of 10 this quarter compared to 6.0 in Q4 2018, according to the BDO survey.
Bollinger Delivers 33rd FRC to USCG
Bollinger Shipyards has delivered the USCGC JOSEPH DOYLE, the 33rd Fast Response Cutter (FRC) to the U.S. Coast Guard. The Coast Guard took delivery on the 21st of March, 2019 in Key West, Florida. The 154-foot Sentinel-class Fast Response Cutter has a flank speed over 28 knots, state of the art command, control, communications and computer technology, and a stern launch system for the vessel’s 26-foot cutter boat.
KVH Expands HTS Maritime Network
Vessels in Asia Pacific, U.S. Pacific Northwest, and other key shipping areas benefit from the latest satellite technology by using KVH’s mini-VSAT Broadband HTS network.KVH Industries announced that it has expanded its mini-VSAT Broadbandsm HTS network to the Pacific Ocean via the Horizons 3e satellite, which is jointly owned by Intelsat and SKY Perfect JSAT. The high-performance Horizons 3e satellite immediately adds to the global coverage and capacity of KVH’s mini-VSAT Broadband HTS network…
Port Authority: 'A strong start to 2019'
Tonnage on river increases 60 percent from 2018Through the first two months of 2019, the Port of Little Rock and its stevedorer, LSI, have seen a year-to-year increase of 33 barges…
OP/ED: The Capital Construction Fund
How to make the Capital Construction Fund work for all vessel owners and operators.The Red and White Fleet is a passenger vessel operator on San Francisco bay with roots back to 1892. We make no secret of the fact that we want to build new vessels with zero environmental signatures, all in an effort to increase employment for shipyard workers, provide new jobs for US mariners, and provide a training ground to support the growth of the U.S. flag deep sea ships.
USCG Commandant Delivers SOTCG Address
The Commandant of the United States Coast Guard delivered his first State of the Coast Guard address Thursday at Coast Guard Base Los Angeles-Long Beach in San Pedro.Speaking from the largest port in the nation, Adm. Karl Schultz highlighted Coast Guard security and marine safety operations, which facilitate $4.6 trillion in annual economic activity.Schultz also recognized the service and sacrifice of Coast Guard men and women deployed around the world ensuring global peace and prosperity…
Royal Navy Christens HMS Tamar
HMS Tamar, the fourth of the Royal Navy’s five cutting-edge new Offshore Patrol Vessels (OPV), has been formally named in Glasgow.HMS Tamar was the latest second…
ESVAGT Steps-up Offshore Presence
The provider of offshore safety and support at sea ESVAGT aims straight for the dynamic market for service operation vessels (SOV) with the newbuilding ‘Esvagt Dana’.When…
Rhenus Acquires World Net Logistics
European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg…
Svitzer Christens Latest Tug Meridian
The global towage operator Svitzer held a ceremony on the River Thames to officially christened Svitzer Meridian as the latest - and tenth - vessel in its Port…
Rauma Marine to Build Ferry for Kvarken Link
Finnish-Swedish passenger ferry operator Kvarken Link has signed a construction agreement with Finnish shipbuilding company Rauma Marine Constructions for a car and passenger ferry…
Teekay Joins SRTI
Teekay Shipping Corporation, the global marine energy transportation, storage & production company, has signed up to the Ship Recycling Transparency Initiative (SRTI).The…
GasLog Warsaw Secures Charter with Endesa
Monaco-based liquefied natural gas (LNG) shipper GasLog Ltd signed a new long-term charter deal with a unit of the Spanish utility company Endesa for its newbuild vessel…
d’Amico Bullish on Product Tanker Market
The outlook on the product tanker market is very positive, said Paolo d’Amico, Chairman and Chief Executive Officer of d’Amico International Shipping .On the demand side…
GPS Plans Rail Link in Port of Amsterdam
Singapore-headquartered international petroleum storage and logistics provider Global Petro Storage (GPS) has entered into an agreement with the Port of Amsterdam…
ZIM: Higher Revenues, But a Loss in 2018
The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years…