Qatar-based maritime transport and logistics company Qatar Navigation (Milaha) reported a 10% rise in its net profit for the twelve months ended December 31, 2018.The Middle East maritime and logistics company delivered a net profit of QAR 516 million (USD 141…
South Asia's APM Terminals Inland Services, operator of port and integrated inland service networks, is helping set up solar power plants in deep pockets of India.The global terminal network company is providing tailor-made logistics solutions to help overcome transport…
Short-term container rates on the China Main ports to North Europe Main ports have seen a slight drop since the beginning of the year. However, compared to Spring and Autumn 2018, overall the industry sees an increase, said a report from Xeneta…
Logistics software company WiseTech Global has announced its acquisition of Singaporean supply chain tracking and management software firm Containerchain.Based in Singapore, Containerchain provides optimization services such as real-time tracking…
New study reports significant growth in economic impact. The Port of Long Beach is connected to one in five jobs in Long Beach, sustaining a local workforce that continues to drive economic growth across the region, according to a new Economic…
Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES)…
The newly structured Nhava Sheva – Mundra-Gulf (NMG) service commenced operations at APM Terminals Mumbai on February 21, 2019. First vessel call for this service was made by Sima Marine’s M.V. OEL Transworld.The NMG is a weekly service connecting various ports in middle east…
Konecranes has received an order from the Thessaloniki Port Authority SA for 12 Konecranes Noell Straddle Carriers. The delivery time is exceptionally short. The machines will be ready for acceptance in March 2019. The Thessaloniki Port Authority SA…
The Canadian Senate is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia (Bill C-48: An Act respecting the regulation of vessels…
Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday.'Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust…
2019 will be the biggest year ever for new ship introductions.The ships are coming. Cruise Lines International Association (CLIA) suggests that in the coming year 18 new ships are on order for CLIA cruise lines. The next few years will see the…
A.P. Moller Maersk said on Tuesday a U.S. Department of Justice (DoJ) investigation into the practices of container shipping companies had closed and the group was released from any obligations.In 2017, the DoJ ordered top executives from several…
The Federal Energy Regulatory Commission (FERC) cleared Venture Global Calcasieu Pass LLC’s proposed liquefied natural gas export project in Cameron Parish, Louisiana, marking the first authorization in two years for a new LNG export facility…
Europe’s second-largest seaport, the Port of Antwerp in Flanders, Belgium said that with a 6th year record, growth in all cargotypes and a recent wave of investments, 2018 will be a 'grand cru' year.'The confirmation of the port's attractiveness…
Mitsui O.S.K. Lines (MOL) has announced that it has signed a long-term charter contract to operate Asia's largest (12,000m3-class) LNG bunkering vessel in Singapore, the world's largest fuel supply port, with Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy…