Port NOLA sets new box record
The Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.
The Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.
Under the ILO Maritime Labor Convention (MLC), flag states must ensure that regulations respect the fundamental right to be free from age discrimination, which can affect the physical and emotional health of
Lois Zabrocky, Chief Executive Officer of New York, N.Y. headquartered tanker operator International Seaways, Inc. (NYSE:INSW), has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2020. Zabrocky follows
BIMCO reports that, following a thorough executive search, it has appointed David Loosley as its new Secretary General & CEO with effect from June 2020. Loosley joins from the Institute of Marine
Helsinki, Finland, headquartered Grimaldi Group member Finnlines has ordered two environmentally friendly Superstar 5,100 lane-meter RoPax vessels from the China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai. Expected to be
New York, N.Y., headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers,
Rep. Ed Case (D-Hawaii) has introduced three bills in Congress that would make significant changes to the Merchant Marine Act of 1920 (generally referred to as the “Jones Act”). The Jones Act
Earlier this month, Maersk Line parent company A.P. Møller – Mærsk A/S reported that Chief Operating Officer Søren Toft had decided to “pursue an opportunity outside of the company.” Now we know
Nakilat (Qatar Gas Transport Company Ltd.) has paid $123 million in cash to take full ownership of four Q-Flex LNG carriers from joint-venture partner New York City headquartered International Seaways, Inc. (NYSE:
The share price of Hamburg-based container shipping giant Hapag-Lloyd has more than doubled since the beginning of the year. Today the company’s shares were trading at EUR 52.5, up from EUR 22.5