The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize…
Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year, having a capacity of more than 23…
Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0…
The Swiss multinational equipment manufacturer Liebherr, has officially opened its new service center in Hamburg. The center, comprising an area of 44,000 square meters in the Kuhwerder.“We are investing in a location which offers long-term potential for growth in several directions…
Australia's largest iron ore loading port of Port Hedland, operated by Pilbara Ports Authority, has delivered a total monthly throughput of 62.1 million tonnes (Mt) for the month of August 2019. This throughput was a 6% increase compared to the same month in 2018…
It’s an industrial workhorse with humble beginnings and it’s turning 70. Taylor-Dunn, part of Polaris Inc., started in the garage of RD Taylor in 1949 when he designed and built his first electric-powered cart to help him drive new efficiencies across his small poultry supply business…
In the southeast United States, the Port of Savannah, Georgia is now open with a 36-foot draft restriction and the Ports of Brunswick, Georgia and Charleston, South Carolina remain closed to commercial operations following Hurricane Dorian.Assessment teams are conducting surveys of channel depth…
Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31…
Shipments of iron ore on the Great Lakes totaled 6.56 million tons in July, an increase of 1.5 percent compared to a year ago. Shipments were also 9.8 percent ahead of the month’s 5-year average.Year-to-date the iron ore trade stands at 26…
Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization…
Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations…
CargoSphere, the neutral rate network for container shipping, has announced the launch of Maersk Spot on its rates platform. The Maersk Spot product offers customers a loading guarantee and a fixed price at booking. This integration will enable…
Trans Global Projects Group (TGP), an international project logistics specialist headquartered in England, has appointed Martin Ollmann as an additional Managing Director for its German entities Trans Global Projects GmbH and Natco GmbH. Ollmann…
The United States on Wednesday sanctioned a sprawling network of firms, ships and individuals allegedly directed by Iran's Islamic Revolutionary Guard Corps that supplied Syria with oil worth tens of millions of dollars in a breach of U.S. sanctions…
Cargotec company Kalmar has been contracted by DP World to supply 15 rubber-tired gantry cranes (RTGs) for the Nhava Sheva International Container Terminal (NSICT) in Mumbai, India.The order includes 24 months of on-site maintenance support…