Shipping Industry News

Tim Smith, North Asia CEO, Maersk Line says that revenue has rebounded in the current quarter and that there is an industry wide trend to reduce container capacity.

BRIEF-Australian Infrastructure Fund says divests its 50% stake in port of Portland - 4 Hours ago

May 17 (Reuters) - Australian Infrastructure Fund Ltd : * AIX divests its 50 percent interest in port of Portland * Says entered into an agreement for the sale of its 50 percent equity interest in the

17-May-2012, 9:49 AM : MICP, Port of Manila fail to hit collection targets - 93 Minutes ago

InterAksyon.comThe online news portal of TV5 MANILA, Philippines - The Philippines' major container districts failed to hit collection targets, dragging down the Bureau of Customs' revenue performance

MICP, Port of Manila fail to hit collection targets - 93 Minutes ago

Maersk posted losses in Q1 - Thursday, 17 May 2012 08:50 - 3 Hours ago

Innovation is the creation of better or more effective products, processes, services, technologies, or ideas that are accepted by markets, governments, and society. Innovation differs from invention in

Port of Los Angeles receives - 4 Hours ago

The Port of Los Angeles has received project achievement awards from the Southern California Chapter of the Construction Management Association of America (CMAA) for two of its major waterfront development

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GB Shipyard introduces robotic blasting - 2 Hours ago

Working beside Pinder is Taylor, who began his on-the-job training over four years ago at the yard. "The guys from Chariot Robotics provided in-depth on-the-job training about the operation of the units

Port of Poole planning underway - 3 Hours ago

Poole is a strategically important port on the UK south coast Ramboll has secured the key advisory role to the Poole Harbour Commissioners to help them finalise their long term development masterplan

Qatar's Conservative Oil Policy Hits Maersk Hard - 4 Hours ago

International Oil Daily There are no plans to hike output from Qatar's offshore Al-Shaheen oil field beyond current levels because of Qatari government policy, says a senior official with Denmark's

Insurers Can't Sink Shipbuilder's $10M Tugboat Damage Claim - 4 Hours ago

, 6:22 PM ET) -- An Alabama federal judge on Tuesday ruled against a group of insurance carriers, including Northern Assurance Co. of America, saying they'd have to pick up the tab on up to $10 million

3 Port Authority officials being forced out for failing to report commander, sources - 101 Minutes ago

Email Print Star-Ledger file photoCommuters walk at a rapid pace during the evening rush hour at the Port Authority Bus Terminal in New York. Three senior Port Authority police officials are being forced

Horizon Lines adds 400 new refrigerated containers for Hawaii shipping - 4 Hours ago

The containers, which are designed to keep perishables fresh, are now in Tacoma, Wash., and include several new features that Horizon (OTCQB: HRZL) added, including enhanced insulation, stronger floors

Navios Maritime Partners L.P. to Present at the National Association of Publicly - 99 Minutes ago

onference Share This Story Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that members of its management team will be presenting at the National Association of Publicly

Renovated cruise ship to sail soon - 84 Minutes ago

TAMPA, Fla. - A new Royal Caribbean cruise ship will begin sailing from Tampa in 2013. The Brilliance of the Seas will sail four- and five-night Western Caribbean itineraries, stopping in Cozumel on the

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Megabus loses permit for curbside Port Authority service - 2 Hours ago

Eyewitness News NEW YORKWABC) -- Community Board 4's Transportation Planning Committee has recommended that the permit for Megabus to run curbside pickup at the Port Authority Bus Terminal be denied.

Balqon gains contract to build electric trucks for Port of Los Angeles - 2 Hours ago

Green Transportation Examiner + Subscribe Balqon, a developer of electric big trucks and electrical energy storage systems, has announced today signing a contract with the Port of Los Angeles to retrofit

Cruise line sued for failing to rescue fishermen - 2 Hours ago

cruise ship operated by Princess Cruises, the lawsuit says. Three Star Princess passengers spotted it and alerted a crew member to the vessel, as Vasquez and his friends waved their arms and a shirt tied

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Port of S. La. Director Chaisson gets 1 year contract extension - 3 Hours ago

Port of South Louisiana Executive Director will serve another year in his post, after the port's board of commissioners approved a contract extension Wednesday. Commission Chairman Paul "Joey" Murray

Oxnard Union school district teams up with Port of Hueneme - 4 Hours ago

Some Oxnard Union High School District students will get an opportunity to attend after-school programs at the Port of Hueneme this fall. From Sept. 11 to the end of November, students will attend a 10-week

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