Singapore's port operator PSA Corporation Limited (PSA) has signed a memorandum of understanding (MoU) with the Singapore University of Technology and Design (SUTD) to develop a pipeline of talent for the future mega port in Tuas.The MoU is aimed at producing data science…
The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation between both of the logistics powerhouses…
Octaviano Alimuddin, the Indonesia ambassador to Iran, has visited Abadan Ports in the Khuzestan Province of Iran.According to a release from Ports & Maritime Organization, he stated that the aim of visiting Abadan port is to get familiar with the capacities…
The marine industry equipment manufacturer Kalmar has delivered a total of 18 forklift trucks to Algeria's leading drilling contractor Entreprise Nationale des Travaux aux Puits (ENTP).According to a press release from Kalmar, part of Cargotec…
Indian Shipping Minister Nitin Gadkari Wednesday flagged off the maiden container mainline vessel at VoC Port (Tuticorin Port), opening direct shipping route to eastern countries.Calling the step a 'gamechanger in container traffic of South India'…
As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment…
Shipments of iron ore on the Great Lakes totaled 5.1 million tons in November, a decrease of one load in a 1,000-foot-long U.S.-flag laker. However, shipments did outpace the month’s 5-year average by nearly 4 percent.Year-to-date the iron ore trade stands at 49…
Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed long-term contracts with Diamond Gas International Pte. Ltd. (DGI), a wholly owned subsidiary of Mitsubishi Corporation (MC) located in Singapore, for DGI to…
The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing…
Delegates from the world’s leading ports have come together to examine their role in the rapidly evolving maritime logistics landscape and in particular to coordinate their contribution to the establishment of an interconnected maritime supply chain at the Port of Barcelona…
Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake…
Florida-based provider of energy transportation services delivering crude oil and petroleum products Overseas Shipholding Group (OSC) and American Shipping Company (AMSC) jointly announced that OSG has exercised options to extend its charter…
UK-based containership lessor Global Ship Lease (GSL) has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas.The containership charter owner said in a release that the new charters,…
Abu Dhabi Ports on Monday inaugurated the new Cosco Shipping Container Terminal at Khalifa with a capacity of 2.5 million TEUs (twenty-foot equivalent units).The new CSP Abu Dhabi Terminal, which includes the largest container freight station in the Middle East…