The $538 million first phase of the new Deepwater Port of Posorja in Ecuador by global trade enabler, DP World, is now completed and successfully operational.The overall $1.2 billion project will replicate Dubai's Jebel Ali Port and freezone…
ShipServ, the marine eProcurement platform for ship operators, announced it is set to deliver a full supplier integration solution for AMOS Group Ltd, the SGX-listed global provider of diversified products services and solutions to the marine and offshore industries…
Bermuda-headquartered Nordic American Tankers (NAT) said that its tanker segment is on upswing mode following he strong market improvement for its Suezmax tankers.'However, seeing is believing and if anyone had doubts, last week, the international…
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has partnered with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology and Marubeni Corporation to jointly work on research and analysis of maritime…
India can now use two crucial Bangladesh ports - Chattogram and Mongla - for shipment of its cargo, which will cut time and cost significantly, India's shipping minister Mansukh Lal Mandavia said.He has said that Indian Prime Minister Narendra…
Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday.The Very Large Crude Carrier (VLCC)…
The Danish company Bawat A/S, specializing in the treatment of ballast water aboard ships and in ports, has just finalized the provision of capital equal to more than $2.94m from new and existing shareholders.The new shareholders include Selfinvest Family Office as a key stakeholder…
TRAC Interstar, a leading provider of emergency fleet services, is changing its name to FYX Fleet Roadside Assistance. The new name blends TRAC Interstar’s 35 years of service excellence with next-generation road service technology for the intermodal and trucking industries…
Perth-based Harbor towage operator, Westug Pty Ltd (Westug) has announced their successful start with the OptiPort AI-assisted Dispatch system in its new Port Hedland operation to ensure long-term, efficient and sustainable towage services in…
ONE SEA, the industry alliance whose primary aim is to lead the way towards an operating autonomous maritime ecosystem by 2025, has appointed Riku-Pekka Hägg as Chairman of its Management Board.Hägg, who will oversee ONE SEA while retaining his current role as Vice President…
North Sea Port and Lineas are joining forces to increase efficiency with 12 new rail connections to the European hinterland.According to a press note from the cross-border port that consolidates the port areas of Vlissingen, Terneuzen and Ghent…
Vard, a Fincantieri subsidiary, has delivered the new Hanseatic Inspiration to Hapag-Lloyd Cruises, the second in a series of three 230-guest luxury expedition ships for the German cruise operator.With her close to 16,000 gross tons and 139 meters long…
New York City-based privately-held, family-run shipping company announced that it has taken delivery of a new 85,004 metric tons deadweight post-Panamax bulk carrier, the M/V Ting May. American dry bulk shipping company informed that the ship…
In just six months since the inauguration of the new Moín Container Terminal (MCT) in Costa Rica, highly-trained employees are meeting all productivity KPIs outlined in the concession contract.By reducing berthing times to an average of just 10 hours per vessel…
France-based developer of smart data for ports Traxens has led the development of the first standards for smart container data exchange now published by the United Nations Center for Trade Facilitation and Electronic Business (UN/CEFACT).Business…