News


Fincantieri to Establish Cruise Hub in China

The cruise shipbuilder Fincantieri has signed contracts with  the Shanghai City’s District of Baoshan to set up a cruise hub."At the presence of the Deputy Prime Minister of Italy and Minister of Economic

Manila Ports Utilization Remains Healthy

Philippine Ports Authority (PPA) informed that the cargo volume in the country has registered a modest hike in the first seven months of the year despite the sluggish performances from almost all aspects of local and foreign trade.

TMS, TOTOTHEO Maritime Sign Sales Agreement

Total Marine Solutions (TMS) and TOTOTHEO Maritime Limited has announced a strategic sales partnership agreement whereby TOTOTHEO will act as exclusive sales agent and customer service representative for Ocean Guardian in the Republic of Cyprus.

Great Lakes Iron Ore Trade Up in October

Shipments of iron ore on the Great Lakes totaled 5.8 million tons in October, an increase of 5.7 percent compared to a year ago, the Lake Carriers' Association reported. Shipments also outpaced the month’s 5-year average by nearly 9 percent,Year-to-date the iron ore trade stands at 44.

ZIM and MSC Continue Black Sea Service

Container carriers ZIM and MSC  announced that the joint Black Sea Service, to meet agricultural season demand, will continue during 2018-19. The service will commence in Ashdod on week 46, November 15, 2018, operating on the following rotation: Alexandria – Ashdod – Novorossiysk – Alexandria.

North P&I Club Launches Mind Matters Campaign

North P&I Club  launched its new ‘Mind Matters’ campaign, including a confidential helpline for crew provided in partnership with the International Seafarer’s Welfare and Assistance Network (ISWAN).The new campaign aims to raise awareness of mental health and well being at sea.

WISTA Elects New BoD, Honors 2018 Personality of the Year

Kathy Metcalf, CEO of the Chamber of Shipping of America, was honored as the 2018 WISTA International Personality of the Year.New WISTA BoardWomen's International Shipping and Trading Association (WISTA) elected Connie Roozen,

Daewoo Wins Contract to Build Three Vessels

Daewoo Shipbuilding & Marine Engineering says it signs $273 mln order.Daewoo Shipbuilding & Marine Engineering Co Ltd says has signed an order worth 306 billion won ($272.51 million) for three oil container ships from a European shipowner. Source: Eikon:Reporting by Joori Roh

Fitch Warns: Shippers' Costs and Capex may Increase

More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies' operating costs and capex needs, says Fitch Ratings in a new report."This may negatively affect their credit quality unless they manage to pass these costs to customers.

Ship to Shore Crane Blasted in San Juan

A heavily corroded 180-foot ship to shore crane was demolished last week in a rare crane toppling event  in San Juan."The crane needed to be demolished as it was heavily corroded and SSA International

BMT CEO Sarah Kenny is Maritime UK Vice Chair

Maritime UK has confirmed the appointment of Sarah Kenny as Vice Chair. Kenny is CEO at BMT Global.Maritime UK is the sector’s umbrella body, bringing together the shipping, ports, services, engineering and leisure marine industries to drive growth by promoting the sector,

Port of Bellingham Announces Shipping Terminal Contract

International cargo vessels are expected to arrive at the Bellingham Shipping Terminal on a regular basis as the result of a new service contract between the Port of Bellingham and Ports America.Ports