China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027…
Aurora Expeditions, the luxury cruise company that offers services to Antarctica and Arctic, will build a second expedition ship, the Sylvia Earle, scheduled to debut in October 2021.The 126-passenger vessel named ‘Sylvia Earle’, to honor the renowned marine biologist…
International container terminal operating company APM Terminals said that its Mumbai terminal handled more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2019, for the second consecutive year.The terminal, commissioned in 2006…
European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul…
The Helen Delich Bentley Port of Baltimore has secured $1.8 million in grant funding from the U.S. Environmental Protection Agency (EPA) to replace older diesel-powered equipment with newer, cleaner versions.The Diesel Emissions Reduction Act (DERA) funds will cover about 44 dray trucks…
APM Terminals Pipavav (Gujarat Pipavav Port Limited), has appointed Mr. Jakob Friis Sørensen as Managing Director, effective January 1, 2020Sørensen has been a part of A.P. Moller Maersk Group since 1987 starting at the internal A. P. Moller Shipping School in Copenhagen…
Italian cruise line Costa Cruises said that Costa Smeralda is the first ship in the Costa fleet to be fueled by liquefied natural gas (LNG). 'This is a step change for the cruise industry as a whole, guaranteeing a substantially reduced environmental impact…
Florida-headquartered international cruise line Carnival Cruise Line announced that the debut of its newest ship, Mardi Gras, will be pushed back until Nov. 14, 2020 after the Meyer Turku shipyard in Finland informed the cruise line “that the delivery will be delayed…
For the second consecutive year, APM Terminals Mumbai has achieved the milestone of handling more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2019. The terminal has continued its focus on strong collaborative efforts with all its customers – shipping lines…
Kalmar, the provider of cargo-handling solutions and services to ports and terminals, is delivering two rubber-tyred gantry cranes (RTGs) with hybrid drivelines for Exolgan S.A. container terminal in Buenos Aires, Argentina.The order that follows…
European short-sea and feeder lines challenge legality of Dockers' Clause extension.European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF) to redefine container lashing as…
German shipyard Meyer Werft GmbH & Co. KG is all set to to launch three cruise ships in 2020. During the shipyard has handed over three modern cruise ships to international cruise lines. 'In the last twelve months alone, we have taken on 395 new employees in Papenburg…
Hundreds of people in Istanbul have signed petitions in the past two days opposing a massive canal project championed by Turkish President Tayyip Erdogan, which they say will wreak environmental havoc in the city.The proposed 45-km (28-mile)…
The St. Louis Regional Freightway has compiled a summary of the major developments over the past year that either elevated the St. Louis region’s global status as a world-class freight hub or will help to advance the region’s position as the country’s freight nexus in the year ahead…
Xeneta has ended 2019 with a second month of increases in long-term contracted ocean freight rates across key trading routes.According to the latest XSI Public Indices report from Xeneta global rates climbed by 0.9% in December (adding to a 0…