Maersk expects hit from cyber attack to be $200-$300 million
AUGUST 16, 2017 — A. P. Moller – Maersk reports that second quarter grew by 8.4% to $9.6 billion year on year, mainly due to higher freight rates at Maersk Line. Underlying
Search Results for: container
New Sanmar terminal tugs to have MTU engines
AUGUST 15, 2017 — Rolls-Royce and Turkey’s Sanmar Shipyards have signed a contract for the delivery of eight MTU Series 4000 engines for four new terminal tugs. The contract includes an option
First Tier 4 tug on East Coast goes to work in New York
AUGUST 10, 2017 — The Capt. Brian A. McAllister, the first EPA Tier 4 tug on the U.S. East Coast is now at work for McAllister Towing. Named after the company’s Chairman,
Panama Canal modifies tolls structure
AUGUST 9, 2017 — The Panama Canal Authority (ACP) has received approval for a modified Panama Canal tolls structure. The new tolls are scheduled to go into effect on October 1, 2017, at
U.S. Coast Guard issues Jones Act build and rebuild guidance
AUGUST 8, 2017 — In the latest Maritime Fedwatch from law firm Winston & Strawn, partner Charlie Papavizas dispels some of mystery surrounding the ways in which the U.S. Coast Guard determines
DNV GL to support Seaspan’s emissions monitoring efforts
AUGUST 2, 2017—Shipowners, managers, and operators whose ships call at European ports are continuing to “decarbonize” their vessel operations in line with EU-MRV regulations that came into force July 1, 2015. The
Grand Bahama Shipyard: Not just cruise lines in customer list
AUGUST 1, 2017 — In addition to all the cruise ship work for which it is well known, Grand Bahama Shipyard (GBS), the largest shipyard in the Caribbean, also carries out a
Management changes at Seaspan as Gerry Wang steps down
JULY 31, 2017 — Seaspan Corporation (NYSE: SSW) reports that Gerry Wang, its Chief Executive Officer, Co-Chairman and Co-Founder, will retire from the company effective December 31, 2017 to focus on family
Management changes at Seaspan as Gerry Wang steps down
JULY 31, 2017 — Seaspan Corporation (NYSE: SSW) reports that Gerry Wang, its Chief Executive Officer, Co-Chairman and Co-Founder, will retire from the company effective December 31, 2017 to focus on family
Matson introduces direct service between Honolulu and Marshalls
JULY 27, 2017 — Matson, Inc. (NYSE: MATX) will introduce a new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands that will shorten cargo transit times to