Today, Dryad Maritime release the Dryad Maritime Country Risk Map, an online risk portal that has been specifically designed to help commercial teams, CSOs, ship owners and managers optimise their maritime security strategies and identify new…
In a new white paper, Consolidation in the liner industry, Drewry consider the merits, and pitfalls, of M&A activity within container shipping, but cautioned that strategy needs to be carefully through through. Container shipping remains remarkably fragmented…
SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1,483 million (2014: USD 1,378 million) and its time charter equivalent revenue rose by 18…
More space for container trade growth through Melbourne with DP World Australia expansionDP World Australia's new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax site, was commissioned on Tuesday (15 March 2016),…
The man responsible for giving the dry bulk industry the valemax died on Sunday in a Sao Paulo plane crash. Roger Agnelli, the former head of the Brazilian mining giant Vale, has died after his private jet crashed into a residential building in Sao Paulo…
* PSA International Pte Ltd (PSA) handled 64.10 million Twenty-foot Equivalent Units (TEUs) for the year ended 31 December 2015, representing a decrease of 2.0% from the previous year.* PSA's flagship Singapore Terminals contributed 30…
Maersk Line wins Container Operator of the Year The Company also gets the award for Best Container Shipping Line of the Year in the category North India - Africa Trade Lane at the Northern India Multimodal Logistics Awards 2016 Mumbai…
Trelleborg’s marine systems operation hosted an exclusive one-day seminar for port authorities and consultants in partnership with the company’s exclusive agent for Greece, Seamark Marine on 1st March at the Metropolitan Chandris Hotel in Athens…
Seaspan has named three new Vice Presidents to its Senior Leadership Team, announcing the appointments of Linda Wortman as Vice President, Finance & Accounting; Catherine Chick as Vice President, Business Services & Technology; and Shawn Chylinski as Vice President…
International trade relies on transportation by sea, as about 85 percent of the freight volumes are shipped globally by vessels. But while maritime is widely regarded as the most environmentally benign of any transport system, maritime transport can cause a diverse environmental burden: It includes…
2015 was another busy year for the Danish Maritime Authority in which many results were achieved – covering a wide span from growth to safety. This is evident from the annual report of the Danish Maritime Authority, which has just been published…
Yang Ming Marine Transport Corp. (YM) inked a partnership agreement with Thailand’s Regional Container Lines (RCL) Group aimed at pooling the companies’ resources to weather a persisting downturn in the sector, according to a report in Taipei Times…
U.K. Shipping Minister Robert Goodwill MP has welcomed the investment being made by Peel Ports during a March 10 visit to the company’s Liverpool2 container terminal. Upon opening later this year, Liverpool2 will become one of Europe’s most modern and advanced semi-automated terminals…
The World Container Index’s composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the US, reached a record low of US$701 per 40-foot container on March 10, says Drewry Shipping Consultants…
A first-of-its-kind initiative - Project executed with support from Padma Shri Dr. Sharad Kale, BARC- Ensures retention of key nutrients in the environment and reduction in CO2 emissions- Easily replicable initiative to benefit…