A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Program. CEMS will have campuses at Vishakhapatnam and Mumbai…
Wallem Commercial Services said two new Supramax vessels have been added to its commercially-managed fleet. Nitin Mathur, Managing Director of Wallem Group Singapore, said the two new vessels bring the total number of ships under Wallem’s current commercial management to 20.
To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated containers as part of their recent reefer investments from Maersk Container Industry (MCI). Of these, 1,000 Star…
ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier…
The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…
The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review…
Norwegian-headquartered ballast water treatment (BWT) specialist Optimarin said it has become the first manufacturer to offer a five-year parts and servicing guarantee. It’s a move that, according to CEO Tore Andersen, has the potential to redefine…
The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U…
Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East. The contract contributed approximately 1,283,000 USD in the revenues of the Company…
INTTRA, the electronic transaction platform, software and information provider, announced two new cloud-based products and enhancements. The first is a new Container Forecasting and Allocation Solutions Tool (C-FAST) for Freight Forwarders and…
Crowley Maritime is transporting the initial batch of what will total 32,000 utility poles from the U.S. mainland to Puerto Rico to help restore the island’s power grid in the aftermath of Hurricane Maria. The weekly shipments will consist of 35-…
Carnival Cruise Line will expand capacity on its short cruise offerings from the Port of New Orleans beginning in 2019. Carnival Valor will shift to New Orleans for year-round four- and five-day cruises from the Big Easy beginning in May 2019…
The Port of Long Beach has been awarded $2.4 million from the U.S. Environmental Protection Agency to help Stevedoring Services of America (SSA), Foss Maritime and Curtin Maritime replace equipment with zero-emission or cleanest-available equipment…
KAR Logistics S.A. (hereinafter shown as KAR*), Joint Venture Company between “K” Line and Agencias Universales S.A.(AGUNSA), which handles Total Logistics Services in Chile and other South and Latin American, has started Auto-Logistics service in Santiago…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG…