The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near 5-month high on Thursday, driven by stronger demand across vessel segments.The overall index, which factors in rates for capesize…
German shipping group Rickmers, which filed for insolvency in June, said on Thursday its ship management unit had the all-clear to continue business after it was bought by Bremen-based Zeaborn Group and owner Bertram Rickmers.The company…
Dust explosion incidents are immediate releases of small particles (i.e. chemicals, metal dusts) in large volumes. Such incidents can have devastating effects both in terms of harm to people and the facilities involved. DNV GL and Gexcon have…
Toyota Material Handling, U.S.A. (TMHU) said it has promoted Tom Lego and Scott Redelman to its national management teams. Tom Lego has been promoted to national manager of training and the customer center, where he will spearhead all TMHU training initiatives and oversee the Customer Center…
Port Manatee has been awarded a $946,950 federal security grant, enabling the Central Florida Gulf Coast port to double the number of outbound lanes at its main gate to securely accommodate increasing cargo volume. “With Port Manatee’s dynamic growth in containerized cargo activity…
Royal Boskalis Westminster N.V. said its wholly-owned subsidiary Dockwise has recently been awarded a number of marine transport contracts with a combined contract value of approximately $50 million. Dockwise was awarded a contract by Husky Oil Operations Ltd…
International transport and logistics executives using container shipping are facing the biggest shift in their ocean provider base for 20 years and must adapt their procurement and contract strategy, according to ocean freight procurement consultancy Drewry Supply Chain Advisors…
German ship manager NSB Group has added 31 new ships under its management. In the course of the new joint venture named PT Asia Marine Temas fleet of NSB grows up to 96 vessels in total. At the same time NSB extends its business in Southeast Asia…
Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedes, according to the latest Manning report published by global shipping consultancy Drewry…
The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador…
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60…
The largest containership ever to serve the U.S. East Coast, the 14,414 TEU CMA CGM Theodore Roosevelt, called the Port of Savannah on Friday. Working the vessel with seven cranes at the 1,200-acre Garden City Terminal, the Port of Savannah is expected to move 4…
Chinese companies signed commitments on Friday to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Temer. China…
Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop. According to cereals exporter association Anec…
Ports America said its Port Newark Auto Terminal (PNAT) has elevated its operational training programs with the purchase of a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenarios involved…