Greek Prime Minister Alexis Tsipras urged French businesses on Friday to invest in Greece, as it emerges from its debt crisis, and assured them that they would not regret it. Tsipras said attracting investment was a priority for his leftist-led government…
The Port of Virginia tallied the most productive August in its history, moving 240,605 twenty-foot equivalent units (TEUs), a 2.2 percent increase when compared with the same month last year. “As construction progresses at VIG (Virginia…
Technological advancement for modernization of major ports and reforms for enhancing ease of doing business are driving and sustaining the growth trend line at India’s major ports. The country’s 12 major ports together handled 273.96 Million Tonnes of cargo between April to August…
The Piraeus Port Authority (PPA) SA has announced the completion of a tender and finalization of a contract with Cosco SH (Dalian) Shipyard for the purchase of a new floating repair dock, an initiative that the port's management has pursued over the past year…
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with DHL Project & Chartering Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Ismene. The gross charter rate is US$12…
Imports at the Port of Long Beach surged more than 10 percent in August compared to the same month last year, marking the third-highest monthly import total in the port’s 106-year history. Long Beach terminals processed 692,375 twenty-foot…
Hyundai Merchant Marine (HMM) announced that it has successfully completed its first blockchain technology adopted pilot voyage. HMM, with other members of shipping and logistics blockchain consortium, have conducted its first pilot voyage…
The U.S. Transportation Security Administration said on Thursday it is issuing a new security directive requiring enhanced screening of cargo from Turkey. The change was 'to adequately address emerging threats to cargo and raise the baseline for global aviation security…
YRC Worldwide Inc said on Thursday it has closed terminals in the Florida localities of Fort Pierce, Miami, Tampa and West Palm Beach due to Hurricane Irma. (Reporting by Eric M. Johnson)
The Port of New Orleans welcomed the return of roll-on, roll-off service with the inaugural call of the Bahri Yanbu, a new state-of-the-art multipurpose vessel, in mid-August at the Nashville Avenue Terminal Complex operated by Ports America…
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…