The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…
The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining for the past couple of months.Of course, another way of saying that a market is enjoying relatively stable and good times is that it's boring…
Jumbo, the maritime heavy lift company, announced that its founding father, Hans Gerhard Kahn, passed away at the age of 95 (1922-2018).Kahn passed away on Friday 18 May in Caesarea, Israel. Kahn realized his dream of becoming a ship owner…
Kalmar, part of Cargotec, has been awarded a contract for the automation retrofit of two Kalmar rubber-tyred gantry cranes (RTGs) by Borg Havn IKS, Norway. The order, which also includes a one-year maintenance and support agreement for the automation software…
Diana Containerships has announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel “Puelo”, with delivery to the buyer by latest June 30…
Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services…
Protests by truckers in Brazil demanding a reduction in diesel prices have impacted the flow of goods at Santos, Latin America's largest port, the port administration said on Monday.Santos port authority said the protests have restricted the arrival of goods to several terminals…
Nozipho Mdawe has been appointed as Transnet National Ports Authority (TNPA) Chief Operating Officer (COO), effective May 21, 2018. She takes over the role recently vacated by Phyllis Difeto and briefly held in an acting capacity by Moshe Motlohi…
Jorge Unda, until now the Managing Director of the Engineering and Construction area of the SENER Group, has been appointed CEO for the entire Group, replacing Jorge Sendagorta, who previously combined the positions of President and CEO. Unda becomes the top executive of the company…
The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million twenty-foot equivalent container units, an increase of 8.8 percent (280,000 TEUs) compared to the first 10 months of FY2017. 'We're on track to move more than 300…
Kalmar, part of Cargotec, said it has been awarded a contract for the automation retrofit of two Kalmar rubber-tyred gantry cranes (RTGs) by Borg Havn IKS, Norway.The order, which also includes a one-year maintenance and support agreement for the automation software…
The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) resolves some serious issues concerning the implementation of the 0.5 percent sulfur in marine fuel cap, which is scheduled to come into effect globally on January 1…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth-straight session on Monday as capesize vessel rates remained weak.The overall index, which factors in rates for capesize…
Damco, a part of Denmark's A. P. Moller-Maersk, has agreed with Goodman Group on a 10-year lease of a one million square feet logistics center in Los Angeles, the two companies said in a joint statement on Monday.Damco will occupy 100 percent of the space at Goodman Gateway Santa Fe Springs…
Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel…