In its latest weekly report, London-based shipbroker Gibson noted on China that “certainly, Chinese manufacturers have lost their appetite for commodities which has impacted heavily on demand for coal, iron ore and copper with an obvious impact on the dry cargo market…
Capesize - With the Chinese away from there desks during the final part of the week, conditions slowed down considerably with rumors of fixing out of West Australia already showing softer numbers. Nevertheless, the Pacific basin was still…
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
The Government of Swaziland, despite being entirely landlocked, has backed a plan to build a channel to the Indian Ocean, the latest in the 21st century’s epic round of global canal construction. Officials in Swaziland has confirmed…
United Arab Shipping Company (UASC) has launched two new West Africa services, WAF2 and WAF3, to enhance schedule reliability and cater to growing demand. The new services, effective September 2015, will operate in addition to UASC’s existing WAF1 service…
CMA CGM and Ocean Three partners announced optimization on Asia-Europe routes, which aims to reduce capacity and to improve the rates efficiency. The Ocean Three Alliance have decided to harmonize FAL2 and FAL3 in order to adapt to the current market situation between Asia and Europe…
Iran has received a proposal from Spain to use its terminals to export Liquefied natural gas (LNG) to Europe, reports Press TV The proposal was discussed during the meeting of Iran’s Oil Minister Bijan Zangeneh with the visiting Spanish Minister of Industry…
Tuesday, September 8 will see representatives from young shipping professionals’ groups from across the world come together in London to debate what lies ahead for the next generation of the industry.The Shipping Professional Network London (SPNL)…
The Manila International Container Terminal (MICT) in the Port of Manila has started implementing a vehicle appointment system called Terminal Appointment Booking System (TABS) for selected user groups. Largely seen as a proactive alternative to counterproductive truck bans…
Saab has commissioned its first Port Management Information System in the UK. As of September 1st, 2015, Belfast Harbour Commission commenced live operations with its KleinPort system.The Harbour is using KleinPort to manage and track its vessel operations and services…
Russia’s second-biggest gas producer Novatek is selling a 9.9 percent stake worth an estimated US$1.4 billion in its Yamal liquefied natural gas (LNG) project to a China’s Silk Road infrastructure fund, reports Reuters. The deal, first discussed in August…
China has taken 'important step' in tackling ship-generated emissions. China is also developing Emission Control Areas (ECAs) in its major ports. China's Ministry of Transport (MoT) has formally unveiled its five-year working scheme that aims to reduce the country’s shipping emissions…
The government of India would soon build a major port at Colachel in the southernmost tip of Tamil Nadu at an estimated cost of $3.2 billion (Rs 21,000 crore), envisaged to emerge as a southern gateway of transshipment in the country, reports PTI…
Port Canaveral announced that its CEO John Walsh has been elected to serve as Secretary-Treasurer on the Board of Directors of the 2015-2016 Florida Ports Council (FPC), a nonprofit corporation serving as the professional association for Florida’s 15 public seaports and their management…
Mary Anne Rooney, Harbor Commissioner at California’s Port of Hueneme, has been named President of the Association of Pacific Ports (APP), a trade and information association promoting increased efficiency and effectiveness of Pacific ports…