Ethiopia and Sudan have agreed on a deal that will allow the Horn of Africa nation to take a stake of Port Sudan, Ethiopia's Foreign Ministry said on Thursday.The deal was reached on Thursday in Khartoum in a meeting between Ethiopia's Prime…
With the loading of eight custom-made Damen tugs, German heavy lift company Combi Lift reached a milestone in the Gazprom Amur Gas Processing Plant Project in Russia. This officially marks the transition period between the project’s planning and implementation stages…
Qatar-based maritime transport and logistics conglomerate Milaha has announced the launch of a direct container feeder service between Qatar and Iraq. The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year…
In 2017, the Terminal Marítima de Zaragoza (tmZ) increased its handled volume by 20 percent, to around 350,000 TEUs by rail and truck. Over the past five years, the terminal has seen volumes increase by more than 250%. Miguel Duro, Managing Director of the company…
Hapag-Lloyd celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage all its activities in West Africa from this location. “I’m very pleased that our…
Qatar-based maritime transport and logistics conglomerate Milaha has launched a direct container feeder service between Qatar and Iraq.The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year…
Buckeye Partners announced the formation of a joint venture with Phillips 66 Partners and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212…
Saia LTL Freight has opened a terminal in the city of Fife, Wash, in close proximity to the Port of Tacoma.“With the growth we have seen in the Seattle-Tacoma area, this second terminal will position us to provide additional capacity and enhanced service to our customers…
South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict…
Blue Atlantic Industrial & Logistics Park has welcomed a ‘transformational’ dredging project which will unleash trade and export opportunities in the Port of Setubal, Portugal.The 96-hectare site is located 40km south of Lisbon in one of Europe’s leading maritime industrial zones…
INTTRA, a neutral network, software and information provider for the ocean shipping industry, hosted a Technology Summit in Hamburg, Germany to address the need for collaboration across container shipping to help advance the ocean freight industry’s digital transformation…
The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear majority over that owned by transport operators, according to the latest edition of the Container Census & Leasing and…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Salt Lake City. The global…
Ohio-based shipping firm the Interlake Steamship Company announced it will time charter a 418-foot, 14,400-short-ton capacity dry cargo barge from the U.S. East Coast to operate on the Great Lakes starting this spring.The single-hold covered hopper barge Montville…
Dubai-based port operator DP World has partnered with Sir Richard Branson’s Virgin Hyperloop One to create a new venture that aims to provide hyperloop-enabled cargo systems.DP World and the U.S.-based Virgin Hyperloop One introduced their vision…