News


Port of LA on Pace to Surpass 9 Mln TEU in 2017

The Port of Los Angeles said it is on pace to become the Western Hemisphere’s first-ever port to move 9 million 20-foot equivalent units (TEU) in a single year, following strong box volumes in the month of October.

US-flag Great Lakes Shipping below October Average

U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in October, up 7.1 percent compared to a year ago, but slightly behind the month’s long-term, the Lake Carriers’ Association (LCA) reported.

Former Maersk Boss Named Unifeeder Chairman

Nils Smedegaard Andersen has been appointed Chairman of the Board of Directors of Denmark based feeder and shortsea operator Unifeeder, taking up his first directorship within the logistics and shipping industry after stepping down from his position as Group Chief Executive Officer of A.

St. Lawrence Seaway Cargo Up 10%

St. Lawrence Seaway cargo volumes are up 10 percent as the shipping season enters its busiest final months.   According to The St. Lawrence Seaway Management Corporation, total cargo tonnage from March 20 to October 31 reached 28.

Fincantieri to Delist Vard

 Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST).   Fincantieri, which holds a 79.

APM Terminals Pier 400 Los Angeles Sets New Single Vessel Record

 APM Terminals Pier 400 Los Angeles has established a new single vessel cargo operations record during the call of the 13,600 TEU capacity Maersk Evora, with a combined total of 24,846 TEUs loaded and discharged over a 128-hour period.

TEN Completes Fleet Expansion

 Tsakos Energy Navigation Ltd (TEN) has reported the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15-vessel, pre-employed on long-term business, growth program, which increased the size of TEN's fleet by 30 percent over the last 18 months.

Eye-share Partners with Eiger Marine

 Eye-share and Eiger Marine form a partnership to offer the best invoice automation system to maritime customers in Greece and Cyprus.   Eye-share partners with Eiger Marine. This partnership forms

Aurizon in Talks to Buy Debt-saddled Coal Port

Australian coal rail operator Aurizon Holdings said on Monday it was in talks to buy the Wiggins Island Coal Export Terminal (WICET), which urgently needs to restructure $3 billion in debt.   A purchase

Container Service Returns to Port of Portland

Hong-Kong based carrier Swire Shipping will offer general, non-containerized cargo and container service at Oregon’s sole international port from January 2018. A new call at Port of Portland's Terminal 6,

Webb Receives SS Beaver Medal for Maritime Excellence

Rollie Webb, Senior Vice President at Robert Allan Ltd., was presented with the SS Beaver Medal for Maritime Excellence by the Lt. Governor of B.C. Judith Guichon on behalf of the Maritime Museum of British Columbia in a ceremony held on November 9 in Victoria.

OSM Crew Management for Lauritzen Kosan Fleet

Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers.