Egypt will keep its ports running for 24 hours a day, up from 16 currently, in an effort to cut down on 'long waiting times' for shipments, Transportation Minister Hesham Arafat said on Wednesday. The extended port hours will not come at any added cost for shippers…
GTT, Lloyd's Register (LR) and Dalian Shipbuilding Industry Corporation (DSIC) today launched the second phase of the '30,000m³ B-FREE LNG carrier' Joint Development Project (JDP). A meeting was held today at Lloyd's Register premises in Shanghai to commence Phase II of the project…
Together with the Swedish Institute for the Marine Environment, Concordia Maritime initiated a preliminary study to determine the feasibility of gathering important information on the volume of micoplastics in the oceans. By installing a collection device on a tanker…
The new LPS 420 E is the latest extension of the Liebherr mobile harbour crane product range. The newly designed machine is a purely electric driven portal crane. All crane movements like luffing, hoisting, slewing and travelling are done by electric motors…
Aegean Marine Petroleum Network (AMPNI) said that Pavlos Papageorgiou has been appointed Chief Financial Officer, effective immediately. Papageorgiou succeeds Spyros Gianniotis, who will continue to act as an independent consultant to the…
Monaco-based Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party in Japan. As part of the transaction, the Company will sell a 2015 Japanese built Ultramax dry bulk vessel…
For the first time since its establishment, EcoPorts has reached the number of 32 ports certified with the environmental performance standard of the network (PERS). Set up in 1997, EcoPorts operates under the European Sea Ports Organisation…
Russian aluminum giant Rusal has stopped placing orders with two logistics firms that ship its exports, executives with the firms said on Tuesday, in a sign of deepening problems for the company after it was hit by U.S. sanctions.Rusal and its major shareholder Oleg Deripaska were included on a U…
Algeria's government has temporarily reversed a ban on imports of some raw materials for its food industry after shortages hit local firms, the trade ministry said on Tuesday.Imports of the materials were prohibited in a ban on imports of 951…
Seed money made available by the Port of Long Beach and Port of Los Angeles aims to foster the development of new goods-movement technologies that will help to improve air quality at the nation’s two largest ports.The funding is part of the ports’ Technology Advancement Program…
Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley…
Russia's largest freight container operator, TransContainer said on Tuesday Russian aluminium giant Rusal had suspended exports through TransContainer's system after Rusal was hit by U.S. sanctions 'They (Rusal) do not know what to do yet, what is going on with them…
Danish dry bulk carrier Thorco Bulk announced today it has been renamed Trithorn Bulk with immediate effect.“This is a natural development for our company. We wish to further strengthen our corporate identity and position in the market by taking a name that truly expresses what the three of us…
Bollore Transport & Logistics Cote d'Ivoire net profit climbed to 13.14 billion CFA francs ($24.30 million) in 2017 from 10.12 billion CFA francs the previous year, the shipping company and port operator said late on Monday.Turnover for the…
Port Manatee reports it has achieved numerous cargo records in the first half of its current fiscal year and is on pace to shatter several full-year marks. The Central Florida Gulf port has established new first-half highs for total tonnage throughput and a host of cargo sectors…