The UK shipping industry brings in a remarkable GBP 19 billion (USD 25Bln) to our economy, an increase of 41% from 2010, and directly supports 181,000 jobs, UK Chamber of Shipping said quoting a new report from the Center for Economics and Business Research (Cebr)…
The Port of Antwerp has seen significant growth for the seventh year in a row, with freight volume up 1.3% to 238 million tonnes. Although some segments are under pressure, the port says it is making progress both economically and in sustainability and mobility…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacbulk Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Santa Barbara.The global shipping…
Ocean Network Express (ONE) has joins a group of innovative carriers who use the New York Shipping Exchange (NYSHEX) to offer their customers the ability to enter digital and mutually enforceable contracts.With seven of the leading global ocean carriers on NYSHEX…
The opening of the Port Said tunnel, under the Suez Canal just south of Port Said last week is an important piece of the jigsaw required to position the Suez Canal Container Terminal (SCCT) as Egypt’s primary gateway terminal.Construction of the twin-tubed…
Denmark’s Short-sea operator Unifeeder , part of the global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator.The Group’s Chairman, Ali Maghami, will retain the remaining 23% shareholding…
Rodolphe Saadé, Chairman and Chief Executive Officer of the French container transportation and shipping company CMA CGM Group recommended that French President Emmanuel Macron initiate an international coalition for the energy transition of…
In a signed declaration, the Nordic ports have agreed to cooperate, exchange information and share approaches in a number of areas relating to the environment and climate. The Port of Gothenburg has joined a collaboration with ten other Nordic ports…
The Port of Baku, Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor)…
Marine Management Organisation (MMO) has published results of a project undertaken by the UK-based marine consultancy ABPmer, to develop a method to assign values to shipping cargo.The resulting mapping and information will improve the evidence base used in developing marine plan policies…
OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network.OceanRail specializes in sea…
Greece-based shipping company Arista Shipping has signed an ocean data agreement with the global provider of classification and technical advisory services ABS to drive smart shipping operations.The global provider of shipping transportation…
DHL Global Forwarding, the ocean freight specialist of Deutsche Post DHL Group, is introducing the fastest rail freight connection between China and Germany in response to growing demand for rail freight services between Europe and Asia.The new rail service…
South Carolina Ports Authority (SC Ports) reported a stellar performance in the first four months of the fiscal year backed by strong volumes in both containerized and vehicular cargo.S.C. Ports moved 217,360 twenty-foot equivalent container…
Rail freight operator Metrans received the first Vectron multi-system locomotive at its container terminal in Prague.The vehicle is part of an order of ten multi-system locomotives. They are being manufactured in the Siemens Mobility factory…
