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IUMI launches New Online Cargo Insurance Tutorial Programme

Chennai: Port Wings News Network: The International Union of Marine Insurance (IUMI) that represents 40 national and marine market insurance and reinsurance associations is advancing its education agenda and launching a new online cargo tutorial programme. According to a media statement, this new programme is specifically designed for intermediate level …

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Crowley Successfully Supports Appomattox Platform Tow-Out in the U.S. Gulf

Chennai: Port Wings News Network: Crowley Maritime Corp.’s SOLUTIONS has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S. Gulf from Kiewit Offshore Services’ construction facility in Ingleside, Texas. Making the tow-out possible were Crowley’s Ocean Sky and Ocean Sun tugboats, …

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Hapag-Lloyd Invests in Growing East African Market

Chennai: Port Wings News Network: Hapag-Lloyd is continuing to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the list on the African continent. Kenya, in particular, is developing with significantly rising import and export figures as well as massive …

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US Soybean Cargo Docks in Chinese Port, Finally

Chennai: Port Wings News Network: A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, 11th August,   more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data. The …

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German Shipping Company Hapag-Lloyd Reports $80 Million Loss

 Chennai: Port Wings News Network :  German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operating costs from fuel costs, charter rates and a slow recovery in freight rates. The Company said that they have implemented additional measures to recover …

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Maersk, IBM Introduce TradeLens Blockchain Shipping Solution

Chennai: Port Wings News Network: In a follow up to their January announcement, A.P. Moller – Maersk (MAERSKb.CO) and IBM (NYSE: IBM) on 9 August announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply chain. TradeLens is the result of …

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2-Day DOSTAS International Maritime Seminar Kicks Off in Kochi

Kochi: Port Wings News Network: Department of Ship Technology Alumni Society (DOSTAS), a registered alumni association of Department of Ship Technology, Cochin University of Science & Technology (CUSAT) is hosting its first edition of DOSTAS International Maritime Seminar (DIMS-2018) on 3 and 4 August 2018 at Hotel Crowne Plaza, Kochi. …

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