The Swedish Club has reported that on January 23, 2019, S&P Global Ratings raised its insurer financial strength and issuer credit ratings on The Swedish Club to A- with stable outlook.S&P reported that through disciplined underwriting and strong…
Following the Port Reform Agreement that was signed on December 2018 - Haifa Port Company, the operator of all current terminals in Haifa Port, reports a total throughput of 26,264,000 metric tons and 1,464,000 TEUs in 2018, and it continues…
Roxtec reports that it has more than doubled its fire resistance testing capacity, opening in Sweden a new laboratory that creates conditions for continuous development of safety products.The fire lab is located at the Roxtec headquarters in Karlskrona…
CIMAC’s Vice President Axel Kettmann died on Monday at the age of 62 after a serious illness. The association has lost a companion who was extremely committed to the interests of the industry for many years, advancing many important topics.Axel Kettmann…
The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday…
The European Investment Bank is providing EUR 155 million to finance two new passenger and vehicle ships for the Irish Continental Group (ICG) subsidiary Irish Ferries.The two ferries will increase passenger and cargo capacity on routes to Ireland…
CJSC Eurosib SPb - Transport Systems tgether with the Zhengzhou International Hub company (ZIH) started the first transit container train through border crossing of Grodekovo (Far East railway, RZD). The Container train follows the route Hamburg (Germany) - Zhengzhou (China)…
Container volumes at the Swedish port of Gothenburg were 753000 teu in 2018, a 17% rise on the previous year, the port authority said.'Volumes for 2018 reveal an upturn for containers of 110,000 TEUs, a rise of 17 per cent on 2017. The number…
Finnish technology giant in the marine and energy markets Wärtsilä Oyj announced that it has recently been awarded a number of contracts to supply its Aquarius UV Ballast Water Management System (BWMS) to global shipping operators.According…
Dubai-based port operator DP World says it has acquired additional assets in DP World Australia (DPWA), giving the firm a majority stake in its Australian terminals.The percentage of what has been acquired from Gateway Infrastructure Investments…
Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) last week.Before his appointment as the Chairman of SLPA, Kavan Ratnayaka served…
Iran's Director of Ports and Maritime office of Lengeh port announced an increase of 78 percent in non-oil transit, a 19 percent increase in safe passenger transport and an increase of 86 percent in container loading and unloading at ports in west of Hormozgan…
The ship Balao docked at Verbrugge Terminals in Vlissingen, in North Sea Port, carrying a cargo of fruit. This was the first ship to arrive as part of this logistical service provider's first permanent intercontinental shipping line.The ship was carrying fruit such as bananas and pineapple…
Singapore has introduced two initiatives for the maritime industry - the Singapore War Risks Insurance Conditions (SWRIC) and the development of an inter-operability framework for electronic trade documents for the maritime and trade industries…
Hamburger Hafen und Logistik AG (HHLA) has completed a project to expand the rail facilities at its Container Terminal Burchardkai in the Port of Hamburg.Two extra tracks and two new rail gantry cranes have been added to the rail terminal at the Container Terminal Burchardkai (CTB)…