Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…
Automation is one of the hottest topics in freight forwarding, especially among the new digital freight forwarders, all wanting to transform this immense and complex world of ocean freight with technology.But these claims of ‘disrupting’ the industry have raised questions…
Ship owners accelerated installations of engine emissions cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent, according to a report…
Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei H. Schuldt to join V.Group. At the same time, the combined company will form a partnership for commercial management with Blue Net Chartering.The transaction…
Port Manatee reports it continues to break cargo records, including handling an all-time-high of more than 9.3 million tons in the fiscal year ended Sept. 30, up 19.1 percent from the immediately preceding 12-month period. That comes on the heels of a 13…
Interferry, the trade association representing the worldwide ferry industry, has announced that the new chairman of its board of directors is John Steen-Mikkelsen, CEO of Danish ferry operator Danske Faerger.Steen-Mikkelsen was elected together…
The Aphrodite Leader, a pure car and truck carrier (PCTC), is the first vessel under Wallem Ship Management to come under the Japanese Flag.The Aphrodite Leader completed the various inspections, audits and surveys in accordance with the Japanese Flag requirements…
Two Williams-Mystic Maritime Studies Program students have been awarded scholarships by Crowley Maritime Corporation. Molly Tucker and Colby Weik were each chosen for their academic excellence, high morale and community involvement. The students…
Dubai port operator DP World has repriced and extended the maturity of a $2 billion 'green' loan comprising conventional and Islamic revolving credit facilities, Standard Chartered said.A total of 19 banks provided the facility, which was extended by two years and was now due in 2023…
China on Tuesday granted the southern province of Hainan free trade zone (FTZ) status, vowing to significantly ease restrictions on foreign investment on the island in sector from agriculture to medical services.Known for its sandy beaches and resort-lined coast…
Abu Dhabi Terminals (ADT) has selected Konecranes to be the supplier of an Automated Stacking Crane (ASC) system for the second phase of the building of its container terminal in Khalifa Port: the Khalifa Port Container Terminal (KPCT).This…
The container shipping and logistics giant MSC Mediterranean Shipping Company is increasingly introducing smart container solutions for customers at many locations around the world, using IoT solutions developed by its partner TRAXENS.MSC is committed to equipping 50…
McInnis Cement’s new terminal in the Bronx, N.Y. is the first new industrial maritime project built on the South Bronx waterfront in more than half a century.The newly constructed 100,000-square-foot, 24/7 operational terminal has been built…
Rolls Royce and Intel Artificial Intelligence (AI) announced that they’re bringing advanced intelligence to cargo shipping to deliver on the benefits of an autonomous shipping future.As part of its effort to make commercial shipping safer and more efficient…
Crew members from the tanker Key Fighter have spoken about the shock and sadness of losing two of their colleagues who died following an incident on board the ship in early September.The ship was in ballast from Norway to England and the men were found unconscious on board…