Pirates have attacked the Liberian-flagged 4,360 TEU CMA CGM Turquoise, kidnapping two crew members off the coast of Nigeria, with the remainder of the crew said to be safe. Turquoise, managed by Dioryx Maritime Corp. in Greece, was stormed…
U.S. Navy sailors aboard amphibious assault ship USS Boxer took time to reflect on the anniversary of the rescue of Capt. Richard Phillips from Somali pirates in the Gulf of Aden seven years ago. Phillips was rescued April 12, 2009 by special…
The newly developed waste heat recovery system 'Hydrocurrent Organic Rankine Cycle (ORC) Module 125EJW' 1 by MHI Marine Machinery & Engine Co., Ltd. (President: Kazuo Soma, Head Office: Nagasaki) has begun operation on the vessel named Arnold Maersk belonging to Maersk Line…
The Board of Commissioners of the Port of New Orleans joined a host of elected officials and industry partners today to dedicate the Port’s new $25 million Mississippi River Intermodal Terminal. The terminal, made possible by a $16.7 million federal transportation TIGER grant…
Melbourne International RoRo & Automotive Terminal (MIRRAT) will officially open at Webb Dock West in Melbourne on the 10th April, 2016. MIRRAT is dedicated to providing best in class terminal services to the Automotive and RoRo markets in Melbourne by providing efficient…
Maersk starts its Krishnapatnam Service from April 17th and Kattupalli on April 19th, 2016. Both these calls are strategic and are aimed at supporting the growth of local businesses in the hinterland covering Andhra Pradesh, Northern Tamil Nadu and Eastern Karnataka…
SAAM, multinational company that provides port, towage and logistics services in 15 countries in Latin America, held this morning a Shareholders’ Meeting, where it reported on the positive results of the 2015 exercise and the perspectives for 2016…
The latest Container Shipping Forecaster from Maritime Strategies International (MSI) makes a more optimistic forecast on the demand side. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI's…
The world’s biggest maker of shipping containers China International Marine Containers Group Co. (CIMC) plans to raise 6 billion yuan ($928 million) selling shares to fund an expansion of a business park in Shenzhen and other assets, reports Bloomberg…
U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects.The Mississippi River, previously designated as the M-55, will serve as the primary route for the Baton Rouge-New Orleans Shuttle project. Sponsored…
Coordinated efforts create outlet for Oregon agricultural producersPiggybacking on the success of the Upriver Container Barge-Rail Shuttle program, Northwest Container Service announced they would increase rail service from twice a month to weekly starting in April…
EUROGATE can look back on a good financial year, 2015. Despite difficult market conditions the European terminal operators Group increased its net profit by 13.4 percent to EUR 73.5 million (prior year EUR 64.9 million). Container handling at…
Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that GB Group has gone live with Tideworks’ terminal operating system (TOS) at its facility near the Port-au-Prince industrial zone in Haiti…
China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators to create a new shipping alliance, say reports in local media. Wang Haimin…
MacGregor, part of Cargotec, will supply loose lashings equipment for twelve 19,200 TEU container vessels under construction in South Korea for a European owner. The equipment is planned for delivery during 2016. The order was booked into first quarter 2016 order intake…