A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship battered by five metre (15 feet) swells.The YM Efficiency limped into Sydney with a container hanging halfway off its side…
Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's 'Belt and Road' infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation…
An explosion at a grain storage facility in the eastern French city of Strasbourg seriously injured three people on Wednesday morning, emergency services said.It was not immediately clear what caused the blast, which set ablaze the silo located on the banks of the river Rhine…
The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium.EU members have given broad support to…
New-build VLCC Maran Aphrodite, which is carrying a 200,000 metric ton diesel cargo from Asia, has changed its final destination for a third time, according to Reuters ship-tracking data.The ship was originally calling on Rotterdam before changing its destination to New York harbour on May 11…
APM Terminals Inland Services Uruguay (also known as Montevideo Port Services SA) switched on 648 solar panels this month, capable of producing 228.6 MWh per year, enough to meet up to 90 percent of the facilities entire annual consumption.By switching to their own renewable energy source…
Scorpio Tankers announced that it has agreed to sell and leaseback six MR product tankers (STI Battery, STI Milwaukee, STI Tribeca, STI Bronx, STI Manhattan, and STI Seneca) to CMB Financial Leasing. Upon completion, the Company’s liquidity…
Orient Overseas Container Line is very honored to be the first carrier in the international transportation and logistics industry to receive the Gold Award at the 2017 BOCHK Corporate Environmental Leadership Awards ceremony held at the Kowloonbay International Trade & Exhibition Centre on 31 May…
The Standing Finance Committee of Ministry of Shipping in India has cleared a project for setting up an exclusive, fully mechanized handling facility for fertilizer cargo at Deendayal Port in Kandla. The facility will be developed at berth number 14 of the port…
Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary, Keppel Singmarine Pte Ltd, has secured a contract from FueLNG, a joint venture between Keppel O&M and Shell Eastern Petroleum (Pte) Ltd, to build South East Asia's…
Rayan Qutub, CEO of King Abdullah Port, has announced that the port has achieved new heights in container handling this year, already showing a 45% increase during the first four months of 2018 compared to the same period in 2017. Qutub…
Yesterday, for the third time since the inauguration of the Expanded Canal, the Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) after facilitating the transit of 1,231 vessels in May 2018.The previous record was established in January 2017…
An eight-month modernization project to renovate Port Canaveral’s North Cargo Piers 1 and 2 has been completed ahead of schedule.The project, which involved a total investment of just over $4 million including a Florida Seaport Transportation…
GAC LNG Services said it has secured a global contract to provide voyage management services to Translux Limited as they enter the liquefied natural gas (LNG) business.GAC LNG Services, officially formed in 2016, provides a full-service solution for the sector…
Wilhelmsen Ships Service lifts off with Airbus, bringing drone delivery to one of the world’s busiest portsPairing Wilhelmsen’s ships agency expertise and safety standards with Airbus’ expertise in aeronautical vertical lift solutions, the Agency…