The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Tuesday, propped up by a rise in panamax and supramax vessel rates.The overall index, which factors in rates for capesize…
Tim Nolan, who was recently named the next President and CEO for TOTE Inc, was honored with the Herb Brand Award at the Maritime Council of NY/NJ’s 56th Annual Dinner Dance.The Herb Brand award is one of three awards given to champions of the U…
Tianjin Port Co Ltd says it will pay cash dividend of 0.148 yuan per share (before tax) for FY 2017 to shareholders of record on June 14.The company's shares will be traded ex-right and ex-dividend on June 15 and the dividend will be paid on June 15.
South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter…
German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company…
The liquefied natural gas tanker Al Bahiya arrived at Britain's Isle of Grain terminal on Sunday, having previously partially discharged its cargo at the Dragon terminal in Wales, Reuters shipping data showed.The 201,000 cubic meter capacity vessel loaded in Qatar…
The top 12 major ports in India recorded 2.41 percent growth in cargo handling at 116.26 million tonne (MT) in the first two months of the current fiscal.For the period from April-May 2018, nine ports (Kolkata [including Haldia], Paradip, Visakhapatnam…
In line with the commitments of the PA2D (Sustainable Development and Action Plan), Dunkerque-Port has just received the EcoPorts network's PERS certification (Port Environmental Review System), granted by the ESPO (European Sea Ports Organisation)…
“Jafar Jabbarli“ dry cargo vessel owned by Marine Transport Fleet of CJSC Azerbaijan Caspian Shipping Company has been overhauled by “Zigh” ship repair yard. A lot has been done during the overhaul which took almost a year. All corroded metal layers available in the hull…
Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney…
Imports at the United States’ major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released…
DAMCO, part of A.P. Moller – Maersk, and a provider of end-to-end supply chain management services, announced the launch of its new digital freight forwarding service into India.The new online platform, Twill, provides greater control of shipments by offering instant price quotes and booking…
Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney…
China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January…
Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey. In April, DFDS signed an agreement with the owners of U…