Congestion in USWC Ports Costing Carriers Dearly
Ocean carriers have incurred huge additional costs in terms of speeding up ships on the westbound leg, chartering in tonnage and paying labour overtime and extra quay rent amid chronic congestion in the US West Coast ...
read more →Fjord Line Clamps Down on Costs
Norwegian ferry operator Fjord Line has implemented a program for strengthening the company’s financial ...
read more →Swedish Club Going Steady
Gothenburg-based marine mutual insurer the Swedish Club has announced a 2.5 per cent general increase for 2015. The ...
read more →Pleiades Back at STX Offshore for More
South Korean shipbuilder STX Offshore & Shipbuilding Co. has secured an order to build up to six LR1 tankers ...
read more →Building of Amsterdam’s New Sea Lock Set for 2016
The construction of the new sea lock in the Port of Amsterdam, the Netherlands is scheduled to begin in 2016. The ...
read more →EU Court Orders Compensation to Somali Pirates
The European Court of Human Rights has ordered France to pay compensation to Somali pirates worth thousands of ...
read more →Celebrity Cruises Orders Two at STX France
Celebrity Cruises, a premium brand subsidiary of Royal Caribbean Cruises Ltd (RCL), has signed a letter of intent ...
read more →Virgin Cruises Readies to Enter Cruise Market
A new cruise market entrant Virgin Cruises announced Thursday formation of its cruise liner business with the ...
read more →Saipem Hit by South Stream Project Cancellation
Italian oil and gas industry contractor Saipem says it has received a “Notification of suspension of Marine ...
read more →General Cargo Ship Sinks in the Black Sea
A 1991-built, 6277 dwt Russian general cargo vessel Elga-1, managed by Maritime Cargo Shipping, reportedly issued ...
read more →New York-New Jersey on Track to Break All-Time Record
The Port of New York and New Jersey has achieved an all-time record for monthly cargo volume in October, keeping ...
read more →Liberia Issues 2013 MLC Compliance Report
The Liberian Maritime Authority has released the mandatory MLC Annual Report for 2013, stating that ...
read more →Scorpio Pens Loan to Finance Capesize Newbuilds
Bulk transporter Scorpio Bulkers Inc. has signed a Memorandum of Understanding with ABN Amro Bank N.V. and the ...
read more →London P&I Club Warns of Capuccino Effect
The London P&I Club has advised its members on precautions to adopt in order to detect the presence of ...
read more →LA, Long Beach Terminal Operators in Overdrive
Marine Terminal Operators (MTOs) at the Ports of Los Angeles and Long Beach in November continued to work ...
read more →Class NK and NAPA to Cut Ship Design Time and Cost
Japanese classification society ClassNK and Finnish maritime software company NAPA have agreed on a new joint ...
read more →Rosmorport Signs Multiple Agreements
Russia’s FSUE Rosmorport is using the ”Transport Week-2014”, specifically VIII Forum and ...
read more →Bremerhaven Looking For Offshore Terminal Operator
The Federal Land of Bremen, Germany, has initiated the tender procedure to find an operator for the Offshore ...
read more →Seafarers UK Backs Missing Seafarers Reporting Programme
Seafarers UK has granted financial support for the development of an international register of missing seafarers, ...
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