Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are…
Hanjin Group opened its creative economy innovation center in Incheon on Wednesday, hoping to develop the city into a distribution hub of Northeast Asia utilizing advanced shipping technologies. As part of the center, Hanjin created a fund worth 159 billion won ($138 million)…
Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…
U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…
Philippine President Benigno S. C. Aquino III has signed off on legislation to open up the shipping sector and encourage more competition in the cloistered industry, report AFP. He also signed into law a measure that aims to level the country’s playing field…
DP World's first distribution centre at the London Gateway Logistics Park opened officially, with the UK's shipping minister, Robert Goodwill MP, in attendance. Goodwill and DP World chairman, Sultan Ahmed Bin Sulayem, formalised the opening of the centre during a ribbon cutting ceremony…
Seafarers’ charity Apostleship of the Sea (AoS) is doing its bit to introduce shipping to the younger generation and promote a career at sea. The organization played host to work experience student Max Charlton from the Cardinal Vaughan Memorial School in London…
Global marine terminal operator DP World’s flagship Jebel Ali Port has demonstrated once again that it delivers the world’s best productivity for ships berthed at its docks. According the latest JOC Port Productivity data, compiled by industry analysts Journal of Commerce…
BHP Billiton plans to construct a new eight pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million). The investment will also include an upgrade of workshop facilities,…
The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures…
Seven finalists have been selected for the site of a proposed Kansas transload shipping center. The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration…
As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates…
The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal. JAXPORT has officially announced the addition of the world’s No…
The port of Chabahar in southeast Iran is central to India's efforts to circumvent arch-rival Pakistan and open up a route to landlocked Afghanistan where it has developed close security ties and economic interests. According to a Reuter's report…
Ukraine's NJSC Naftogaz signed a memorandum of understanding with U.S. Frontera Resources on the construction of a liquefied natural gas (LNG) terminal in Ukraine, according to Ukrainian Prime Minister Arseniy Yatsenyuk. 'U.S.-based Frontera…