Port of Los Angeles sets all-time record with 952,554 TEUs in October

Port of Los Angeles sets all-time record with 952,554 TEUs in October

The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s …
Nov 16, 2018 /  Curious
Klaveness Combination Carriers AS extends contract of affreightment with South32 Marketing Pte Ltd

Klaveness Combination Carriers AS extends contract of affreightment with South32 Marketing Pte Ltd

A subsidiary of Klaveness Combination Carriers AS (KCC) yesterday (Nov 15) signed an agreement with South32 Marketing Pte Ltd extending the current Contract of affreightment (COA) for shipments of caustic soda to Worsley …
Nov 16, 2018 /  Vessels
Diana Shipping Inc. Announces Time Charter Contract for m/v Thetis with Hudson

Diana Shipping Inc. Announces Time Charter Contract for m/v Thetis with Hudson

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter …
Nov 16, 2018 /  Vessels
CMA CGM, A.P. Moller – Maersk, Hapag-Lloyd, MSC and Ocean Network Express plan to establish container shipping association

CMA CGM, A.P. Moller – Maersk, Hapag-Lloyd, MSC and Ocean Network Express plan to establish container shipping association

Five container shipping companies intend to create an association with the purpose of paving the way for digitalization, standardization and interoperability in the container shipping industry. IT executives from CMA …
Nov 15, 2018 /  Vessels
Shearwater GeoServices completes acquisition of Schlumberger marine seismic acquisition business

Shearwater GeoServices completes acquisition of Schlumberger marine seismic acquisition business

Shearwater GeoServices Holding AS today announced the completion of the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The …
Nov 15, 2018 /  Vessels
Savannah achieves all-time record in October

Savannah achieves all-time record in October

Fiscal year to date (July - Oct.2018) growth at 8 percent The Port of Savannah moved more container cargo in October than any other month in its history, with 413,800 twenty-foot equivalent container units crossing its …
Nov 14, 2018 /  Curious
Global Ship Lease Announces New Charter at Increased Rate and Exercise of Extension Options

Global Ship Lease Announces New Charter at Increased Rate and Exercise of Extension Options

Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, today announced a new time charter with ANL, a wholly owned subsidiary of CMA CGM, for the 2003-built, 2,207 TEU containership GSL Keta (formerly Delmas …
Nov 14, 2018 /  Vessels
Diana Shipping signs time charter contract for mv Maia with Glencore

Diana Shipping signs time charter contract for mv Maia with Glencore

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter …
Nov 14, 2018 /  Vessels
COSCO Shipping Heavy Industry and GTT sign technical service agreement for LNG carrier repairs and conversions

COSCO Shipping Heavy Industry and GTT sign technical service agreement for LNG carrier repairs and conversions

Following the strategic agreement signed between COSCO Shipping Heavy Industry Co.,Ltd (CHI) and GTT last year, as a part of the plan, CHI and GTT have signed the Technical Service Agreement (TSA) on November 8 in …
Nov 13, 2018 /  Curious
Tokyo Gas Signs Memorandum of Understanding on Mutual Cooperation with RWE (Germany)

Tokyo Gas Signs Memorandum of Understanding on Mutual Cooperation with RWE (Germany)

Tokyo Gas Co., Ltd. (Tokyo Gas) signed Friday (Nov 9) a Memorandum of Understanding on Mutual Cooperation (MoU) with RWE Supply & Trading, the trading arm of the leading European utility RWE AG. RWE is one of the …
Nov 13, 2018 /  Curious