The first cargo ships passed through Egypt's New Suez Canal on Saturday in a test-run before it opens next month, state media reported, 11 months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal…
Matson, Inc. has promoted Kenny Gill to the position of Vice President, Alaska. In his new role, Gill has management responsibility for all Matson operations in Alaska, including terminal operations, customer service, sales and financial performance of the company's terminals in Anchorage…
Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…
Goldenport Holdings Inc. the international shipping company that owns and operates a fleet of dry bulk and container vessels, announces today the sale of a container vessel, 'Thira'. The Company has agreed the sale of the 1997 built container vessel to an unaffiliated third party…
Poseidon Containers Holdings Corp. announced today the commencement of its initial public offering (IPO) of 15,380,000 common shares. The company said it will grant the underwriters a 30-day option to purchase up to 2,307,000 additional common shares…
Global marine terminal operator DP World’s flagship Jebel Ali Port has demonstrated once again that it delivers the world’s best productivity for ships berthed at its docks. According the latest JOC Port Productivity data, compiled by industry analysts Journal of Commerce…
Mitsui O.S.K. Lines, Ltd. today announced that on July 5, 2015, the MOL-operated bulk carrier Spring Zephyr safely rescued all three survivors clinging to driftwood 165 km east of the island of Mindanao, the Philippines.Details of the…
The port of Baku on the Black Sea is Azerbaijan’s largest port. Now to support its further development it is calling on the know-how and expertise of the port of Antwerp. For this purpose the management of Baku International Sea Trade Port…
Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published today (16 July 2015) in the 170 million GT…
June 2015 containerized cargo volumes at the Port of Los Angeles decreased 2 percent compared to the same period last year. The Port handled a total of 721,802 Twenty-Foot Equivalent Units (TEUs) in June 2015. Current and historical data is available here…
Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer and part of Adani Group, a global integrated player, has received “Letter of Award” for development of the Vizhinjam International Deepwater Seaport Project from Government of Kerala (GoK)…
Kalmar, part of Cargotec, has been awarded a valuable order from long-standing partner Österreichische Bundesbahnen (ÖBB) to supply cargo handling equipment for general cargo and intermodal operation at the ÖBB-Infrastruktur AG terminals at Wolfurt…
On July 7, Crimson Polaris, a wood-chip carrier operated by NYK Line, rescued nine fishermen in distress off the coast of the Philippines. While Crimson Polaris was sailing from Australia to China through a navigational lane in the South China Sea on July 7…
DP World and Emirates Shipping Line (ESL) today announced the launch of a new shipping service GALEX (GLX), a consortium of four vessel operators – ESL, KMTC, RCL and Hanjin. GALEX consists of seven vessels with a capacity of 6,500 TEUs…
Peel Ports, owners and operators of the Port of Liverpool, has achieved a major milestone in its multi-million investment programme to transform the port into Europe’s first semi-automated container terminal. The Navis N4 Terminal Operating…