Boston Carriers announced that in April 24 2018, the company entered into an exclusivity agreement with Nuova. The agreement provides six months for the acquisition of Nuova and all its assets and liabilities including but not limited to the storage facility in Italy as well as all its business…
In 2017, the Terminal Marítima de Zaragoza (tmZ) increased its handled volume by 20 percent, to around 350,000 TEUs by rail and truck. Over the past five years, the terminal has seen volumes increase by more than 250%. Miguel Duro, Managing Director of the company…
Hapag-Lloyd celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage all its activities in West Africa from this location. “I’m very pleased that our…
The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study…
North P&I Club said it has appointed David Richards as Deputy Director (Cargo), part of the group’s specialist cargo claims team.Richards, formerly a partner with Ince & Co and a Legal 500 recommended dispute resolution lawyer, is a specialist…
Maritime charity Liverpool Seafarers Center (LSC) has struck a deal to provide support to thousands of cruise ship crew for the third successive year at a special base at Liverpool Cruise Terminal.LSC CEO, John Wilson, said it has reached agreement with Liverpool City Council…
Klas Bendrik will join DNV GL September 1 as Chief Digital Transformation Officer to support DNV GL’s digitalization and IT strategy. Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Group’s Executive…
Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports…
Aerial drones have made major advances in endurance, range and payload capacity over recent years while prices have continually plummeted, leading to a proliferation of drones expected to reach 12 million by 2020.This trend, some believe, means…
Qatar-based maritime transport and logistics conglomerate Milaha has launched a direct container feeder service between Qatar and Iraq.The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year…
Buckeye Partners announced the formation of a joint venture with Phillips 66 Partners and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212…
Canaveral Port Authority has named Michael B. Poole as Chief Financial Officer (CFO) for Port Canaveral, effective May 11, 2018.As CFO, Poole's primary duty is to preserve and safeguard the financial assets and affairs of the Canaveral Port Authority…
Saia LTL Freight has opened a terminal in the city of Fife, Wash, in close proximity to the Port of Tacoma.“With the growth we have seen in the Seattle-Tacoma area, this second terminal will position us to provide additional capacity and enhanced service to our customers…
South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict…
Maersk Tankers announced a move to renew its fleet with a confirmed order for six Chinese-built LR2 product tankers for delivery from 2020.Maersk Product Tankers’ board of directors approved the order for the six LR2 newbuilds on contract with Dalian Shipyard…