Great Lakes water levels fall, coal demands drop, lighter loads ensue 2013-1-10OFFICIALS report that Great Lakes cargo from January to November was about four per cent down year on year, attributed to declining coal demand, reports the Times Herald of Port Huron, Michigan.
Rickmers-Linie expands its global presence with a new office in Singapore 2013-1-10Rickmers-Linie has established a new company Rickmers-Linie (Singapore) Pte Ltd to strengthen its presence in South East Asia. The new company will operate out of offices co-located with Rickmers Shipmanagement at 11 Keppel Road, Singapore.
OW Bunker secures exclusive marine lubricants contract with Shell Brazil 2013-1-10OW Bunker, one of the world's largest suppliers and traders of marine fuel and lubricants, today announced that it has been awarded a contract by Shell Brazil to supply marine lubricants to domestic customers.
Moore Stephens says banks will take a firmer grip on shipping in 2013 2013-1-9International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.
LISCR appoints new president and managing executive officer for Japan 2013-1-9The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Takeshi Okamoto as president and managing executive officer of its dedicated office in Tokyo with effect from January 4, 2013.
Main line container vessel calls at New Mangalore Port 2013-1-9The New Mangalore Port recently handled its first main line container vessel of the current fiscal.
Diana Shipping announces time charter contract for m/v Erato with Cargill 2013-1-9Diana Shipping Inc., a shipping company specializing in the ownership and operation of dry bulk vessels, has entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Panamax dry bulk carriers, the m/v Erato.
APL and Hamburg Sud reduced their cooperation 2013-1-9Singapore's APL and Germany's Hamburg Sud have reduced their cooperation on services between Mexico and the west coast of Latin America, reports American Shipper.
Asia-Europe freight rates can expect modest increases in 2013 2013-1-9Prospects for the Asia-Europe container trades look more promising this year, although other routes look less encouraging, according to Containerisation International's data hub Freight Forecaster.
Safmarine wins three Hellmann Carrier of the Year awards 2013-1-8Shipping line Safmarine ended 2012 on a high note when one of its key customers, Hellmann Worldwide Logistics, presented the line with three prestigious awards.
Panama expansion half done 2013-1-8The Panama Canal Expansion project launched in 2007 is half-way done and on schedule to meet its 2015 opening, with completion of the expansion works slated for October 2014, according to the Shipping Gazette.
APL launches Japan Straits 1 service 2013-1-8APL, the container arm of Singapore's Neptune Orient Lines, is to launch a new intra-Asia service, the Japan Straits 1 service, to link Japanese cargo with line haul services in Hong Kong and Singapore, according to the Shipping Gazette.
Maersk revives sailings on its Far East-North Europe AE9 service 2013-1-8Danish carrier Maersk has re-commenced its Far East-Europe AE-9 service it suspended in October.
Canal commemorates 13 years of successful Panamanian Administration 2013-1-8The Panama Canal celebrates 13 years under Panamanian administration. During this period, the Canal has strengthened its role in international commerce as a result of investment in the modernization of its infrastructure, its expansion and an alliance with its natural surroundings.
Paragon Shipping raises US$10 million from CEO to shore up listing needs 2013-1-7ATHENS-based Paragon Shipping has sold 4,901,961 newly-issued shares of common stock to an entity affiliated with its CEO Michael Bodouroglou for US$10 million.
Turkish TPAO buys seismic vessel Polarcus Samur for $ 213 m 2013-1-7Polarcus finalizes agreements with TPAO for long-term collaboration arrangement
Low water levels on the Mississippi threatens to halt cargo shipping 2013-1-7JUST like the Great Lakes, from which the Mississippi is fed, water levels are so low that it threatens to stop shipping altogether
TOTE: World's First LNG-Powered Container Ships to Serve Puerto Rico 2013-1-7TOTE, Inc. announced on December 4, 2012, it has committed to the construction of two new state-of-the-art container ships for the Puerto Rico trade, with options for three more vessels for additional domestic service.
PD Ports has successfully installed a new terminal operating system at Teesport. 2013-1-7PD Ports has successfully installed a new terminal operating system at Teesport.
Evergreen Debuts Eighth L-Type Container Ship 2013-1-6Taiwan-based Evergreen Group today held a naming ceremony for the Ever Leader, Evergreen Line's eighth L-type container ship, at the Samsung Heavy Industries shipyard.
