The Panama Canal Board of Directors announced the appointment of Ricaurte Vasquez as the next Panama Canal Administrator.According to a press note from the artificial 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean…
The major maritime hub in Northern Ireland Belfast Harbour handled a record 24.6 million tonnes of cargo in 2018, up 3.8% on the previous year thanks to a major increase in the number of freight vehicles passing through the port, which rose to a high of 532…
Greek shipping company Tsakos Energy Navigation (TEN) announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum five maximum 12-year contracts to a significant oil major.The time charter equivalent revenues from these two fixtures…
The International Maritime Bureau (IMB) announced that it has launched a new initiative aiming to mitigate bills of lading (B/L) fraud conducted by non-vessel owning common carriers (NVOCCs).The IMB NVOCC Register provides a business solution…
Greek dry bulk owner Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia…
APL launched a new weekly Asia Australia Express 2 (AAX2) service that will connect the key Southeast Asian ports of Vietnam, Malaysia, Singapore and Indonesia to the two major eastern Australian cities of Brisbane and Sydney.The AAX2 service…
Kalmar, part of Cargotec, said that its Electric Terminal Tractor is due to be launched in 2020 will be equipped with a 107 kWh lithium-ion battery capable of DC fast charge. This means that operators will be able to take advantage of opportunity charging during shift breaks…
Europe's largest port, the Port of Rotterdam ended 2018 with a total container throughput at 469.0 million tonnes (MT) which slightly higher than in 2017, which was itself a record year (467.4 MT).Container transhipment was the engine of growth again…
Saudi Crown Prince, Deputy Premier and Defence Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud inaugurated the King Abdullah Port in Rabigh.The Saudi Arabia’s State News Agency (SPA) reported that Saudi Arabia moved one step closer…
The European Sea Ports Organisation (ESPO) welcomes the agreement reached on 7 February between the Parliament and the Council on the new regulation establishing a European Maritime Single Window environment (EMSWe).It said that with the new framework…
MOL TRIBUTE, operated by Ocean Network Express (ONE), renewed a loading record with 19,190 TEUs (including 38 TEUs void slots). The previous loading record was 18767 TEUs by MOL TRADITION in late December 2018. MOL TRIBUTE, which is deployed…
Inmarsat has joined forces with tRainmaking’s Trade and Transport Impact (T&TI) and Bluetech Accelerator to create initiatives that directly support start-ups focused on IoT and big data innovation in the maritime, ports and logistics supply chain…
Not so much the weight, but rather the precise handling of the cable tanks required the utmost attention while loading the MV 'Chipolbrok Moon' in the Port of Hamburg.Four cable tanks with a unit weight of 110 tons and dimensions of 6.06 x 7…
Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe…
Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals…