India's Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports.One major initiative is to improve the returns earned on treasury investments by the ports for pension…
Sixty-one young men and women will be starting their three-year apprenticeship at Hapag-Lloyd tomorrow. While some of them will spend the lion’s share of this time on container ships, the on-shore apprentices will cycle through various national and international departments…
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it agreed to acquire a 2009-built, 4,563 TEU containership for $13.9 million from an unrelated third party.The vessel is expected to be delivered in Q3/Q4 2018…
British shipping services provider Clarkson Plc said on Monday an unauthorized third party accessed some of its computer systems in the United Kingdom last year.The unauthorized access to systems from May 31 to Nov. 4, 2017 was gained from a single and isolated user account…
The world's second largest ship registry said it is looking to advance its position as the largest registry of gas carriers and expand its footprint in the transportation and processing of liquefied gases with the formation of a dedicated gas experts team…
ITC Global, a provider of satellite communications to remote and harsh environments, has announced its three-year contract extension with Youth With A Mission Medical Ships Australia, Ltd (YWAM MSA). Under terms of the agreement, ITC Global…
The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the burgeoning liquefied natural gas (LNG) segment – which began transiting the waterway for the first time following the inauguration of the Expanded Canal…
Crowley Maritime Corp.’s new container/roll on-roll off (ConRo) ship El Coquí delivered its first cargo from Jacksonville, Fla., to the company’s Isla Grande Terminal in San Juan yesterday – a milestone in the company’s transformation of its U…
International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with P&O Cruises, part of Carnival Corporation & PLC.The green refrigeration technology has already been installed on board P&O Cruises 2…
TRAC Intermodal announced that Keith Lovetro, President and Chief Executive Officer, will retire on July 31, 2018. Jennifer Polli has been named to replace Lovetro as President and Chief Executive Officer effective August 1, 2018.Lovetro, who has led the company since joining in 2011…
Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns?In early June…
Freight is being delivered despite shallow water on the Rhine and other rivers in Germany due to drought, a shipping industry group said on Tuesday, although many vessels are being forced to carry lighter loads.'On the Rhine, by far Germany’s most important inland waterway…
Inquiries for marine fuel supplies in the United Arab Emirates' (UAE) Fujairah oil hub have spiked as shippers try to avoid loading tainted fuel oil that has clogged and damaged ship engines in Singapore recently, three trade sources said.Tainted marine fuel has been found in Singapore…
Gulftainer, the world’s largest privately owned independent port operator and logistics company based in the UAE, has been handed the 2018 prestigious Gold Award by the UK-based RoSPA Award Scheme.Gulftainer has been recognised for its commitment…
The Mediterranean ferry company Baleària said it will invest €60 million ($70.2 million) over the next to years to retrofit five ferries to run on liquefied natural gas (LNG) and is planning to further expand its gas-powered fleet.The use of LNG in these five vessels — Naples…