South Carolina Ports Authority reported a 5.4 percent increase in 20-foot equivalent unit (TEU) volume fiscal year to date, with 1,029,450 TEUs handled since the period began in July. December was a solid finish to the second quarter of fiscal year 2017…
New Guide provides standards for growing LNG bunkering vessel sector. ABS, a provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for LNG Bunkering. This new Guide provides standards for the design…
The Georgia Ports Authority marked 12.3 percent container volume growth in December, moving 292,172 twenty-foot equivalent container units, an increase of 32,099 TEUs compared to December 2015, a record for the GPA. Roll-on/Roll-off cargo mirrored that growth…
The Board of Directors of the Container Owners Association (COA) has elected Brian Darnowski, Vice-President – Global Operations, Triton International, to the position of COA Chairman; and Uffe Ernst-Frederiksen, Head of Cargo Management, Maersk Line…
Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources with direct knowledge of the deal told Reuters on Friday. RBS, which is more than 70 percent state owned…
The Port of Seattle Commission has elected its officers for 2017. Commissioner Tom Albro will serve as president, while Commissioner Courtney Gregoire will serve as vice president. Commissioner Stephanie Bowman will serve as secretary, Commissioner…
According to figures published this morning by the National Statistics Office (NSO), 2016 was yet another record year for cruiseline passengers visiting Malta. A total of 682,222 passenger movements were recorded, meaning an increase of 2% on 2015…
iContainers, the 100 percent online global freight forwarder, said it has opened a new branch in the shipping hub Port of Rotterdam, marking the Spanish company’s fourth global establishment. In the last two years, the Barcelona headquartered…
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31. That compares with 566.4 million riyals in the fourth quarter of 2015…
Overseas exporters chartering foreign vessels to supply goods to India will have to pay a service tax on freight from Sunday, a government notification said.It will be the same as the 4.5 percent service tax that India currently levies on free-on-board (FOB) cargoes…
A new report from the Danish Maritime Forum presents tangible ideas that have the potential to enable real progress on some of the most pressing issues in the maritime industry.How do we decarbonize shipping? How do we embrace new technologies…
Inchcape Shipping Services (ISS) has signed a new port agency contract with Team Tankers International for the US East Coast and Caribbean region - its first in the Americas.The chemical tanker specialist has called on ISS to provide full…
The chairman of Taiwan's Yang Ming Bronson Hsieh has ruled out a merger with a boxship rival. According to him, the world's ninth-largest shipping firm has never considered the possibility of merging with another operator and does not intend to do it now…
Paramilitary gendarmes firing in the air sealed off access to Ivory Coast's main port on Wednesday, forcing companies including cocoa exporters to close down, as weeks of unrest in the security forces showed no signs of easing.President Alassane Ouattara…
Corvus Energy will provide newly-designed lithium-ion energy storage systems (ESS) for a hybrid rubber-tired gantry crane (RTG) designed by CCCC Shanghai Equipment Engineering (CCCCSEE). The new ESS solution from Corvus is a smaller, ultra high power…