Latest News - page 742


First U.S. Crude Cargoes Head to China Since Trade Breakthrough

Jan 15, 2019

Three cargoes of U.S. crude are heading to China from the U.S. Gulf Coast, trade sources said on Monday, the first departures since late September and a 90-day pause in the two countries' trade war that began last month.The vessels left Galveston…

Suez Canal Revenues Plunge in November

Jan 15, 2019

Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.The canal is the fastest shipping route between Europe and Asia and one of the government's main sources of foreign currency…

MHI Vestas Expands at Ostende

Jan 15, 2019

Danish manufacturer of wind turbines MHI Vestas Offshore Wind has opened a new office in the Port of Ostend to expand its offshore wind operations at the Belgian port.“Because we will be servicing no fewer than 244 wind turbines at sea from the Port of Oostende by 2020…

Mammoet Moves 800 Ton in Alberta

Jan 15, 2019

Weighing over 800 ton - roughly four times the weight of a blue whale -,  and spanning over 300 ft., the splitter vessel is the biggest load to ever be moved on Alberta's highways.On the evening of January 6th Mammoet began the transport for the giant splitter vessel…

CDP, Fincantieri and Snam Join for Innovation of Ports

Jan 15, 2019

Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate port facilities in Italy and develop sustainable technologies for maritime transport…

Ecodelta Christened in Rotterdam

Jan 15, 2019

A new trailing suction hopper dredger (TSHD) Ecodelta, powered by liquefied natural gas (LNG),  was christened last Friday (January 11) in the Dutch port of Rotterdam.The dredging vessel, built at the Dutch yard Barkmeijer for shipping company Van der Kamp…

Color Line Expands Oslo-Kiel Freight Route

Jan 14, 2019

The Norwegian shipping company Color Line said that its newly purchased ro-ro ship M/S Color Carrier sailed for the first time from Hjortneskaia in Oslo to Kiel in Germany.Color Line can transport approx. 80,000 trailers annually on this stretch…

MICT Gets Eco-Friendly RTGs

Jan 14, 2019

International Container Terminal Services, Inc.'s (ICTSI) flagship Manila International Container Terminal (MICT) has received four of 16 new hybrid rubber-tired gantries (RTG) as part of the Company’s long-term investment in capacity enhancement and environmental efficiency…

Singapore: Container Throughput Grew by 8.7% in 2018

Jan 14, 2019

The Port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot equivalent units (TEUs), and total cargo throughput remained stable at 630 million tonnes.Singapore also retained its position as the world’s leading bunkering port…

Drewry Predicts Better Freight Rates and Profits

Jan 14, 2019

The shipping industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators…

R.M. Maritime to Use Port of Immingham

Jan 14, 2019

Associated British Ports (ABP) has secured new business handling 40,000 tonnes of steel each year at the UK’s biggest port, the Port of Immingham.Freight forwarding company R.M. Maritime, has chosen ABP to expertly handle steel destined to be used in the construction industry in the UK…

Port of Everett Earns Marad Short Sea Shipping Designation

Jan 14, 2019

The Port of Everett has achieved another vital step in reducing congestion on the I-5 corridor while moving more freight in the region. The Port was notified this month that it received designation by the U.S. Secretary of Transportation as…

Maritime Training: Take the MarTID Global Survey

Jan 14, 2019

The second annual global Maritime Training Insights Database (MarTID) survey examines the impact of the autonomy trend in maritime operations on the training of future seafarers, and is officially open.The MarTID 2019 SurveyTo facilitate a broader response…

HMAS Ballarat Seizes 3.1 tonnes of Hashish in the Middle East

Jan 14, 2019

Royal Australian Navy frigate HMAS Ballarat has seized more than 3.1 tonnes of hashish worth about $155 million* during a boarding operation that took place 8-9 January 2019 in international waters in the Arabian Sea.The fishing vessel, known as a dhow…

ZIM's Blockchain-based B/L Initiative

Jan 14, 2019

Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes…

Current News

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