News


Crowley Offers 12 Weeks Fully Paid Parental Leave

Facing medical needs with a newborn boy this spring, Crowley Maritime Corp. employee and father Ezra Clark is taking advantage of a new benefit for employees that is uncommon in American business: 12 weeks of fully paid parental leave.

DP World Q2 TEU Count Soars 10%

State-owned ports operator DP World on Tuesday reported second-quarter gross container volumes up 10.4 percent on a like-for-like basis and 10.7 percent on a reported basis.   DP World handled 17.6 million twenty-foot equivalent units (TEUs) in the three months to June 30,

Keppel, Sembcorp Merger on the Cards ?

 A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards, report local media quoting the Development Bank of Singapore (DBS).

Höegh LNG Secures Financing for FSRU Unit

 Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU).   The Facility comprises

Nakilat Ends H12017 with $112 Mln Net Profit

 Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last year in 2016.

India: The Admiralty Bill 2017 Gets Upper House Nod

 Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, introduced during the Winter Session of Indian Parliament came up for discussion in the Rajya Sabha (Upper House) and was passed unanimously by the house.

Crowley Names Vargas VP, Business Development

Crowley names Daniel Vargas new Vice President of International Business Development, prtnering with Jeffrey de la Combe to enhance Caribbean services   Veteran sales executive in ocean transportation

Houston Pilots Train for Post-Panamax Vessels

 Members of the Houston Pilots recently participated in two custom-built simulation courses vital to their Pilotage duties in the Houston Ship Channel and the Port of Houston, the largest landlocked Port in America.

Mammoet Expands in the Middle East

Dutch heavy lift specialist Mammoet said it has opened new branch offices in Oman and the United Arab Emirates, having seen an increase in projects across the Middle East. Mammoet has been operating in the Middle East for over 40 years and has already established a head office in Dubai.

French and Filipino Firms Bid to Operate Bissau Port

French firm Necotrans and the Philippines' International Container Terminal Services submitted bids on Monday to operate Guinea Bissau's main port, the transport minister said, as the government looks to cede control to a private operator.

Workshops Address Burning Issues in a Changing World

 A series of one day NEXT GENERATION Workshops are being held 'back to back' at the Grand Harbor hotel and conference venue overlooking the historic port of Southampton, U.K., October 24-26, 2017.   The NEXT GEN program combines a group of dynamic international presenters with panel discussions.

CMA CGM Honors Al Sharqi Shipping

Al Sharqi Shipping said it has once again received the Top Customer Award from French container carrier CMA CGM, marking the fourth straight year the Dubai based logistics firm has been given the accolade.