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Busy July boosts GPA Container Trade 12.7%

Aug 13, 2018

The Georgia Ports Authority moved 378,767 twenty-foot equivalent container units (TEUS) in July, an increase of 12.7 percent, or 42,668 TEUs, compared to the same month last year. It was the second busiest month on record for the Port of Savannah…

Peak Pegasus Finally Unloads US Soybeans in China

Aug 13, 2018

A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur hefty new import duties as the trade row deepens between Beijing and Washington…

From Desert to Delaware

Aug 13, 2018

Gulftainer strives for top six in terminals.Sharjah is a glimmering city-state carved from the desert, the third largest emirate in the United Arab Emirates and the only one to have land on both the Persian Gulf and the Gulf of Oman. And soon…

Samsung Heavy Industries Builds Smart Ship On AWS Platform

Aug 12, 2018

Amazon Web Services (AWS), an Amazon.com company, announced that Samsung Heavy Industries (SHI) selected AWS as its preferred cloud provider to support its digital transformation.Samsung Heavy Industries is turning to AWS’s expansive infrastructure…

Antwerp Port Fire Creates Toxic Cloud

Aug 12, 2018

Toxic smoke from a massive smoldering fire has triggered an evacuation in the Port of Antwerp, local media reported.All vessels and business within 6,000 feet from the fire have been evacuated, RTL broadcaster reported.The authorities have reportedly…

Wilhelmsen Group Income for 2Q up by 5%

Aug 12, 2018

The Wilhelmsen group delivers a slight increase in top line in the second quarter, mainly supported by higher operating revenue in supply services. The positive underlying market trends are expected to continue. The total income for the second quarter was USD 222 million…

Long Beach Container Volumes Dip in July

Aug 12, 2018

The Port of Long Beach saw a decline in container volumes in July compared to the same month a year ago, which hit a historic high that has since been surpassed.The drop, 4.4 percent, was attributed to shipping alliances’ decisions in July to shift vessel deployment and port calls…

Unifeeder Becomes Part of the DP World

Aug 12, 2018

Following last week annoucement of acquisition, Unifeeder Group has announced the signing of the agreed acquisition of Unifeeder by DP World.The largest Pan-European feeder and shortsea operator announced in a press release that it will benefit from DP World’s global scope…

Seaborne LPG Trade Rebounds: Dorian LPG

Aug 10, 2018

Seaborne LPG trade rebounded in the second calendar quarter of 2018 thanks to heavy lifting schedules in the Middle East and the United States, as well as an improvement in arbitrage economics towards the end of the three-month period, said Dorian LPG…

Port of Antwerp Tests Autonomous Sounding Boat

Aug 10, 2018

Port of Antwerp has reached a new milestone with the introduction of a fully automatic sounding boat that employs unique technology. The vessel, named the Echodrone, is a prototype that is currently being developed to supplement the other operational sounding boat…

Sovcomflot's Pskov Loads First Cargo from Yamal LNG

Aug 10, 2018

The liquefied natural gas (LNG) carrier Pskov completed loading at the Port of Sabetta (YNAD), with the first cargo of LNG produced from the second high-tech production line at the Yamal LNG plant.August 08 marked the launch of the second production train at Yamal LNG…

NYK to Test Autonomous Boxship

Aug 10, 2018

Nippon Yusen Kaisha (NYK) and NYK Group companies MTI Co. Ltd., Keihin Dock Co. Ltd., and Japan Marine Science Inc. (JMS) have been selected by Japan's Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) to participate in a demonstration…

Hapag-Lloyd to Accelerate Digitalization as it Doubles 1H 2018 Loss

Aug 10, 2018

The the first half year 2018 net loss of Germany's Hapag-Lloyd is more than doubled to UER 100.9 million ($116 million) from EUR 42.7 million (USD 49 million) a year ago.The shipper attributed this loss to rising fuel costs and the slow recovery…

Yang Ming Sinks into Red

Aug 10, 2018

Taiwanese ocean carrier Yang Ming Marine Transport Corporation (Yang Ming) registered a net loss of  NTD3.81 billion (USD 129.1 million) for Q2.However, the Q2 consolidated revenues total NTD33.6 billion (USD1.14 billion) was up 1.12% from the same period in the previous year…

Indian Ports Register Positive Growth of 4.13%

Aug 10, 2018

The major ports in India have recorded a growth of 4.13% and together handled 231.48 Million Tonnes of cargo during the period April to July, 2018 as against 222.29 Million Tonnes handled during the corresponding period of previous year.During this period nine Major Ports - Kolkata (incl…

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