Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR and paid a settlement of 2.2 million EUR - totaling to a price tag of almost 3 million EUR - for having beached a ship for scrapping in India.According to a press release from NGO Shipbreaking Platform…
French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics, it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and…
U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.Chief Executive Meg Gentle said in the…
Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks, including operations, chartering and commercial finance teams.According to Ha Eun Ruppelt…
In shipping, the team with the best documentation always wins. Today, for many stakeholders, that increasingly means employing SEDNA’s E-mail software platform for myriad projects.Bill Dobie is Founder and CEO of SEDNA with over 20 years of…
Tank terminal transactions will further strengthen Odfjell SE but the company experienced another challenging quarter in the chemical tanker markets.The second quarter 2018 results reflect the impact of the sale of the Rotterdam terminal, while…
Danish dry cargo and product tanker operator NORDEN has announced the selection of SEDNA as a new platform for transaction management and team collaboration. NORDEN will use SEDNA across its business, replacing email as the default mode of communication for teams…
PEIR (Photographic Equipment Interchange Receipt) has launched a new app that helps the transportation, logistics and shipping industries better assign costs based on responsibility for damaged shipping containers and trailers.“After a year…
The Port of Oakland has announced that it has embarked on a path to emissions-free cargo operations. The ambitious target is at the heart of a draft air quality improvement plan sent out for public review June 29. It calls for reducing criteria…
Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks to draw a line under sour investments in the sector and to start a fresh push in transport lending, people close to the matter said.Germany's flagship lender has…
Spanish shipping company Baleària Eurolínias Marítimas (Balearia)’s first of two liquefied natural gas (LNG)-fuelled ferries, Hypatia de Alejandría, has been floated out at the Italian shipyard Cantiere Navale Visentini. The first ferry named Hypatia de Alejandría was launched on March 30…
AFC Korea, a subsidiary of Chinese private equity fund AFC, has been selected as the preferred bidder for cash-strapped STX Corp, according to a Business Korea report. AFC Korea has reportedly offered a price tag above 70 billion won (US$65…
Technological advancement for modernization of major ports and reforms for enhancing ease of doing business are driving and sustaining the growth trend line at India’s major ports. The country’s 12 major ports together handled 273.96 Million Tonnes of cargo between April to August…
Highlighting the challenges faced by seafarers – women and men sailing and working aboard ships – the United Nations International Maritime Organization has called on everyone around the world to show appreciation for their vital contributions…
Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants. According to a report on Nikkei, MOL is looking…
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