Baltic Reefer Group Ltd. and the Seatrade group of companies, operators of breakbulk refrigerated vessels, said they had established a new joint venture that will operate under the name of Reefer Alliance. “This will maintain the parties’ ability to provide competitive and commercially attractive specialized reefer services in response to the competition of the […]
A survey of ship managers finds that low freight rates and a challenging market are their top concerns as they enter 2013. The survey from the International Ship Manager’s Association, or InterManager, found half citing freight rates and the market situation as an important issue. Thirty percent cited the availability of professional and competent […]
Hapag-Lloyd said it will offer a new weekly service to Cap Haitien, Haiti, under a connecting carrier agreement with Frontier Line. The service will offer a weekly connection with four days transit time from the port of Cartagena, Colombia.
Eric Martin-Neuville has been named the new chief operating officer of Geodis Wilson. He takes over from Fernando Gea, who’s retiring. Martin-Neuville joined the Geodis Group in 1985 and, as well as holding the position of managing director in France for many years, spent a considerable time working for the group in Asia-Pacific. […]
A team of five salvage experts boarded the grounded drilling unit Kulluk earlier Wednesday to conduct a structural assessment to be used to finalize salvage plans. The rig went aground on Sitkalidak Island on New Year’s Eve after towing lines broke during heavy seas. Kulluk The salvage team was lowered to the […]
Crowley Maritime Corp. has appointed Matt Yacavone to vice president of sales and chartering for its petroleum services, effective Jan. 7. Based in Jacksonville, Fla., he will report to Rob Grune, senior vice president and general manager for petroleum services. Yacavone will be responsible for the planning and direction of sales and […]
Port Freeport in Texas has appointed Jeff Strader to chief financial officer. Strader comes from the North Carolina State Ports Authority where he was deputy executive director for finance and administration and CFO. He follows another former North Carolina port authority executive, Glenn Carlson, who in mid-October became Freeport’s executive director, replacing […]
The union and employers agreed last week to continue contract negotiations through Feb. 6, averting a strike that would have begun on Dec. 30, but there are still difficult issues for the two sides to address in the weeks ahead.
Kulluk A large mobile drill rig ran aground off the coast of Alaska on Monday evening. Reports from the U.S. Coast Guard on Tuesday said a flyover of the Conical Drill Unit (CDU) Kulluk showed the vessel “remains grounded but stable” near Sitkalidak Island (north edge of Ocean Bay). The flight crew’s aerial inspection found […]
The U.S. Export-Import Bank will finance a $1.8 billion direct loan to BG Energy Holdings Ltd. to support U.S. exports for a natural gas liquefaction (LNG) project in Queensland, Australia. This is the bank’s second LNG project in Australia, and it will support an estimated 9,200 American jobs. Ex-Im Bank’s financing will […]
The U.S. International Trade Commission has begun to update its report on the effects of significant U.S. import restraints. The report will also examine the contribution of services to U.S. manufacturing, the non-partisan, fact-finding agency said. The report, The Economic Effects of Significant U.S. Import Restraints: Eighth Update Special Topic: Services’ Contribution to […]
The Panama Canal Authority said Monday that the expansion of the waterway, begun five years ago, is now about half completed, and the official date for the completion of the expansion project remains October 2014.
The International Longshoremen’s Association and the employers of their members, represented by the U.S. Maritime Alliance, have agreed to extend their contract 30 days until midnight Jan. 28.
The ocean carrier Maersk Line has added two extra vessels to its weekly Safari 1 service between Asia and South Africa, increasing roundtrip voyage time on the loop from 56 days to 70 days. Transit times westbound from China and Maersk’s mega-regional hub in Tanjung Pelepas, Malaysia, to South Africa on the Safari 1 […]
The Sandy Doctors Recovery Project aims to restore medical services by providing much needed materials including examination tables, blood pressure units and physical therapy equipment to damaged medical practices.
The three companies – United Grain, Columbia Grain and Louis Dreyfus – said they will not lock out the union and “ILWU members are welcome to come to work under the new terms and conditions of employment.”
An analysis of cargo and container “incidents,” such as leakages, explosions, fires, and stuctural failures of flexitanks or valves, finds more than two-thirds involved dangerous goods.
After nearly two months on a six-week rotation, ocean carrier Maersk Line has increased the speed of its weekly Asia-to-East Indian CHX service, decreasing roundtrip voyage time from 42 days to 35 days. Transit times eastbound from India to Maersk’s mega-regional hub in Tanjung Pelepas, Malaysia, on the CHX remain roughly the same, […]
