The second of five highly efficient hydraulic cranes destined for Associated British Ports (ABP) facilities across the UK has arrived at ABP Swansea.Supplied and installed by the country's largest independent provider of port equipment, Cooper Specialised Handling…
The UK P&I Club has promoted Senior Claims Director Jeff Lock to the newly created role of Global Technical Claims Director and Senior Claims Executive Adam Russ to Senior Claims Director. Jeff Lock joined UK P&I Club in 2011, having spent…
Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday.The $285 million Port Muhammad Bin Qasim…
The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel.Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of 136 containers per ship hour…
Shipbuilding group MV WERFTEN said it has appointed Richard Gruenhagen as Managing Director of Finance and Administration to reinforce the group's Management Board as new CFO effective February 1. Gruenhagen graduated from Indiana University…
Steve Dawson and Alex Karakassis have been appointed Managing Directors of HANSA HEAVY LIFT GmbH, taking over from outgoing Chief Executive Officer (CEO) Roger Iliffe, with immediate effect. Dawson will oversee HANSA HEAVY LIFT’s engineering…
India, the world’s fourth-largest buyer of liquefied natural gas (LNG), has announced plans to halve its basic customs duty on imports of the chilled fuel. Indian Finance Minister Arun Jaitley presenting the Budget for 2017-18 in Parliament halved the import duty on LNG to 2…
Evergreen Marine Corp, which has been battered by falling freight rates due to a prolonged supply glut, may swing into profit this year as market conditions improve in the global shipping industry, reports Taipei Times. The paper quoted…
Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries and swing tankers flooding the market. As a result, freight rates on long-haul routes will continue to be challenged by surplus large vessels over the next two years…
The Indian Ministry of Shipping, as a part of its ‘Green Port Initiative’ has been emphasizing on use of renewable sources of energy to power Major Ports across the nation. The Ministry aims to set up 91.50 MW of solar energy capacity…
The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced.The winners will be revealed at a prestigious black tie dinner that will have a Ministerial presence and promises to bring together the best of the maritime industry right across the Maritime…
Greencarrier Freight Services is establishing a new office in the beautiful Norwegian Arctic. This comes at the heels of a new contract they secured for providing the oil and gas company ENI Norge with transport solutions and port logistics…
Caterpillar Inc. announced today it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s…
Though the challenging market conditions in the container shipping industry continued to add pressure to Japan’s major shipping companies, turnaround seen as write-downs set to fizzle out, earnings forecasts upgraded, reports Nikkei. Nippon…
Kawasaki Kisen Kaisha Ltd (“K” Line) announced changes to executive officers. “K” Line has promoted Senior Managing Executive Officer Kazutaka Imaizumi to the position of chairman of “K” Line India Private Ltd., Executive Officer Aka Hiraoka to counselor of “K” Line Logistics Ltd…