News


LGH Acquires JDN’s UK Hire Division

Lifting Gear Hire (LGH) has acquired the Aberdeen-based hire division of JD Neuhaus (JDN) Ltd., a manufacturer of hoists and crane systems for extreme environments.    JDN, headquartered in Germany, will retain its other U.

Caribbean Oil Terminals Prepare for Hurricane Maria

Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they have to shut again due to Hurricane Maria, which was a rare Category 5 storm on Tuesday.

River Thames Simulation Supports Safer Navigation

The Thames Tideway Tunnel project, London’s new ‘super sewer’, which will upgrade the city’s 19th century sewerage system for today’s eight million plus inhabitants, requires excavation on an enormous scale.

Swedish Transportation Delegation Visits Seoul

Sweden’s Minister for EU Affairs and Trade to Seoul, Anne Linde, and a high level Swedish business delegation, including Seth Ryding, Head of APAC at Telenor Connexion, are invited as key partners for the Next generation transportation in Smart Cities summit in Seoul on September 20-21.

ST Engineering Invests In Cyber Security

 Singapore Technologies Engineering Ltd (ST Engineering) announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd (ST Engineering Ventures) has made a Series B investment of $5.

Diana Enters TC Contract with Unico Logistics

 Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics, Seoul, for one of its Panamax dry bulk vessels, the m/v Maera.

Australian Navy: Getting On Board the Gap Year

 The Australian Defence Force Gap Year – Navy is an opportunity for young Australians to experience military training, service and lifestyle through a year-long program, with no further obligations on the participant to continue to serve.

Global BCOs Hit by Rising Contract Rates from Asia

 Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club.

Colonial Pipeline Allows Port Arthur Refiners to Ship Fuel after Harvey

Colonial Pipeline, the largest fuel system in the United States, said on Monday that Port Arthur, Texas refiners can use their own pumps as a temporary solution to get gasoline and other products into its main lines.

TRAC Intermodal Unveils Two New Mobile Apps

 TRAC Intermodal has introduced two new mobile applications that set out to improve and simplify customer access to emergency road service and online chassis booking: TRAC Interstar’s road service app, RoadStar, and TRAC Intermodal’s EZBook 2.

Wärtsilä Debuts New Tug Designs

A new portfolio of tug designs, to be known as the Wärtsilä HYTug series, place emphasis on environmental sustainability.   Since tugs typically operate in or close to harbors and populated areas, they are particularly affected by environmental considerations,

August Trade Heats Up in Brunswick, Savannah

Auto and container volumes at the U.S. Southeast's busiest ports in Brunswick and Savannah experienced impressive growth in the month of August.   Colonel's Island Terminal in Brunswick moved 53,675 units of roll-on/roll off cargo, an increase of 7,109 or 15.