China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported. Three of these orders for 1,800 TEU (twenty-foot equivalent unit) containerships…
The UK Coastguard report that a bulk carrier and an oil tanker collided in the Dover Strait. Although both vessels have been damaged, there is no water ingress and no pollution. A French tug is on scene with the vessels. There are no injuries and all of the crew are accounted for…
Telemar and Marlink to bundle VSAT, L-Band and XChange Universal Remote Access to improve on board IT network support Italian ship owner and long-term Telemar customer d’Amico Group has selected Marlink’s Sealink Premium Plus VSAT service…
Port Hedland Mayor, Camilo Blanco, and the Town of Port Hedland’s CEO, David Pentz, attended the launch of the LNG Marine Fuel Institute at Parliament House, Canberra on Wednesday, June 21. The Institute, which was opened by The Honorable Josh Frydenberg MP…
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to the latest Multipurpose Shipping Market Review and Forecast report published by global shipping consultancy Drewry…
Tanker and dry bulk vessel newbuild contracts have been signed at an increasing pace so far in 2017, with newbuild activity for the first half of 2017 surpassing the same period last year by 20 percent. According to BIMCO, 5.9 million DWT was contracted in May 2017 and 3…
Hamburg-based shipping group Reederei Hamburger Lloyd will move its fleet of nine containerships and six bulk carriers to Marlink’s Sealink Plus VSAT package including unlimited L-band backup. Hamburger Lloyd is a long term customer of Telemar…
Djibouti opened a $64 million port on Thursday, the third of four ports designed to boost the tiny Horn of Africa nation's position as a trading hub, its ports authority said. Djibouti Ports and Free Zones Authority (DFZA) said in a statement…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday to snap a six-day streak of losses, boosted by higher demand for panamax and smaller vessels.The overall index, which considers rates for capesize…
As part of its strategic expansion in the Mekong markets, upply chain management company CEVA Logistics has opened its office in Myanmar's capital, Yangon. For the last five years, CEVA has been operational in the country through a network partner…
U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a virtual repeat of a year ago, the Lake Carriers’ Association (LCA) reported. The float totaled 9,496,663 tons this May and 9,473,709 tons a year ago. This May’s shipments were…
U.S. Trade Representative Robert Lighthizer said on Wednesday there was no deadline for completing NAFTA trade talks between the United States, Canada and Mexico even as lawmakers warned that U.S. business would be hurt by prolonged negotiations…
Roads leading to Ivory Coast's major cocoa port of San Pedro have reopened after a week-long closure caused by heavy rains, the prime minister's office said on Wednesday. San Pedro, the West African country's second largest port, is located…
Shipping confidence reached its equal highest rating in the past three years, according to the latest Shipping Confidence Survey for the three months to end-May 2017 from international accountant and shipping adviser Moore Stephens. The…
The Ports of Indiana announced that Metro Ports – the country's oldest stevedoring company – will become the new bulk terminal operator at the Port of Indiana-Burns Harbor. Starting July 1, 2017, Metro Ports will manage the loading and unloading…