d'Amico International Shipping S.A. (Borsa Italiana: DIS) (the "Company"or "DIS"), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d'Amico Tankers D.A.C. (Ireland) ("d'Amico Tankers") signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT Cielo di Houston, a 75,000 dwt LR1 product tanker vessel (the "Vessel"), currently under construction at Hyundai-Mipo, South Korea (at their Vinashin facility in Vietnam) and expected to be delivered in January 2019. The Vessel was sold for a consideration of US$ 38.6 million.
Higher levels of guaranteed bandwidth ensure global connectivity for 14 strong tanker fleet
Ocean carrier Hapag-Lloyd reported Friday that a cargo fire has broken out on the deck of the boxship Yantian Express. The blaze began in one container and has since spread to others, and the full extent is not yet known.
2019-01-04
Port of Hamburg Marketing (HHM)'s team of Volker and Kerstin Hahn in Dortmund is being reinforced by Markus Heinen. With this experienced marketing and network specialist, most recently fulfilling multiple functions as Regional Manager North/East for SPC Multimodal Transport Solutions in Bonn, HHM has already found a successor for Volker Hahn, who will be retiring in the second half of the year.
2019-01-03
China has highlighted its anti-piracy efforts over the past 10 years, noting its naval fleets have escorted 3,400 foreign ships, around 51 percent of the total escorted over that time.
In line with its growth strategy, Finnair is adding capacity on its route between Helsinki and London Heathrow for the summer 2019 season starting on March 31, 2019. Finnair will add a new daily frequency to and from London Heathrow, operated with an A320 family aircraft. Providing good connection opportunities from London with Finnair’s oneworld partners, the new flight will leave Helsinki at 11:40 and the return flight from London will depart at 13:50.
2019-01-03
The IMO 2020 0.50% Sulphur Cap and the huge impact it will have on the marine fuel supply chain will be the focus of the fourth annual Middle East Bunkering Convention, taking place in Dubai between 21-24 January 2019, less than a year before the new regulation kicks in.
The UK government has chartered new ro/ro capacity from operators Seaborne Freight, DFDS and Brittany Ferries in order to prepare for shipping bottlenecks stemming from what looks like an increasingly likely "no-deal Brexit." The contracts are worth up to $140 million, and they will cover transport for an additional 4,000 trucks per week in and out of the ports of Portsmouth, Plymouth, Ramsgate and Poole, according to the BBC.
Iranian operator Karaneh Line is launching a new ferry service to help Qatari citizens travel with their cars to nearby Oman and Kuwait, without driving through Saudi territory. Since Saudi Arabia imposed an embargo on Qatar in 2017, overland travel to and from the Qatari peninsula has been restricted. The operator believes the ferry will be the first service of its kind for Qatar.
According to the results of 2018, the United Transport and Logistics Company – Eurasian Railway Alliance (UTLC ERA) forecasts the traffic volume in a range from 275 to 280 thous. TEUs, UTLC ERA president Alexey Grom told media representatives. In 2017, the traffic volume totaled to 175.8 thous. TEUs. In 2019, it is scheduled to transport about 350 thousand TEUs.
Venezuela's navy has forced ExxonMobil to pause its exploration program in a contested area of the Stabroek Block offshore Guyana. PGS, the operator of Exxon-chartered seismic vessel Ramform Tethys, said Sunday that Venezuelan military vessels approached the ship over the weekend, forcing her to alter course.
2018-12-21
Four trade associations representing the international liner shipping industry today submitted comments to the European Commission supporting extension of the EU consortia block exemption regulation (“BER”) for an additional five years beyond its current 2020 expiration date.
Norwegian Aquavit manufacturer uses ‘slow TV’ to prove that traditional four-month, ship-board maturing process still produces the best taste
2018-12-20
We are glad to announce the 15th Anniversary International Transport Forum YugTrans-2019! Forum is being organized in Gelendzhik (Kempinski Grand Hotel 5*) on March 21- 22, 2019.
The 15th Transport Forum YugTrans will be lead in an interactive format at the boundary of technology and live communication to build an open dialogue between the participants and ensure effective networking
DP World and materials-handling firm AMOVA have signed an agreement to develop a rack-storage system for shipping containers at Jebel Ali Terminal.
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