The CMA CGM Group announced it is reinforcing its service from Europe to West Africa through a new call at Kribi (Cameroon) and shortened transit times from North Europe on its EURAF 5 service. The new service started in January 2018. As a result…
Michelle Handforth has taken over the role of chief executive at Aberdeen Harbor Board, the U.K. offshore oil and gas port. This comes after an extensive recruitment process, when Handforth, who has 20 years of board and leadership experience in global…
German-based Hapag-Lloyd opened a new office in the Ghana port city Tema, on February 1, 2018. Effective immediately, the company will be represented at the local level by its own customer service staff. “Africa is strongly developing just now…
India's biggest container port Jawaharlal Nehru Port Trust (JNPT) handled 0.418 million TEUs in January this year, which was highest ever container traffic handled during a month the port and increase of 13 percent over the same month last year…
Joseph Smith has joined SpotSee as supply chain director, responsible for directing and coordinating supply chain processes, procurement, production capacity and resource planning operations. Smith brings to the role more than 20 years of experience…
As Brazil's soy farmers begin harvesting, problems on a road connecting the country's agricultural heartland to northern ports provide new evidence the world's largest exporter of the oilseeds is far from solving its logistical bottlenecks. Over the last few days…
Inmarsat said it has reached an agreement with Campbell Shipping, a ship management company headquartered in Nassau, The Bahamas, to migrate its fleet of dry bulk carriers to Fleet Xpress. The commitment will involve a migration and upgrade from Inmarsat’s XpressLink services to Fleet Xpress…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time in seven sessions on Tuesday, following a rebound in capesize rates. The overall index, which factors in rates for capesize…
Hong Kong's Hutchison Port Holdings Trust (HPH Trust) saw its fourth-quarter earnings fall 38.4 per cent on weaker revenue and losses from associated companies. The company announced an attributable net profit of HK$237.8 million for the three months to Dec 31 last year - down from HK$385…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$12…
The Government of India has decided to sell off its entire public stake in Dredging Corporation of India (DCIL), said the Minister of State for Shipping Mansukh L Mandaviya. This decision aims to upgrade technology, improve capability,…
Dry bulk shipper Cargill said it is partnering with four NGOs to advance sustainability initiatives and increase accountability across the ocean shipping industry.The company said it has aligned with the Global Maritime Forum, the Maritime Anti-Corruption Network…
Seaspan Corporation said it has purchased two 2006-built 2,500 TEU containerships and entered into fixed rate time charter agreements for the vessels with Maersk Line A/S. The time charters will be for a term of four years with options for…
Cargo security goes high tech in its quest to account for cargo damage. Two different firms bring the same goals to the supply chain. The need for vessel and cargo tracking has always been necessary. But, the methods and equipment to accomplish those tasks haven’t always been available…
Cryogenic hose technology is driving a rethink of LNG transfer in bunkering – and beyond. Many backers of liquefied natural gas (LNG) as a marine fuel, as well as wider industry stakeholders, have for a while now suggested that it will soon enjoy exponential growth as a future bunker fuel…