Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for cargo and an easing of geopolitical tensions after the change of U.S. administration.Sultan Ahmed bin Sulayem, who is chairman and chief executive of the Dubai state-owned global ports operator…
As the maritime industry embarks on 'the path to zero', it is widely acknowledged that there is currently not a 'silver bullet' solution, nor is it likely that a solution will emerge from a vaccum. Collaboration is the path forward, and efforts such as MethanQuest offer promise…
The U.S. Senate on Wednesday voted unanimously to confirm veteran government trade lawyer Katherine Tai as the first woman of color to serve as U.S. Trade Representative, putting her to work enforcing trade deals, confronting China’s trade practices and patching up ties with U…
2020 was a year unlike any other for maritime and ports businesses globally. It was also a record-breaker for the Port of Vancouver USA, which reported the highest returns in its 108-year history: revenues totaling $50 million—a 15% increase from the previous year…
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53 million tonnes, driven by China. So far this year, 35.2 million tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period…
German container shipping company Hapag-Lloyd announced Wednesday it has reached a deal to acquire NileDutch, based in the Netherlands, strengthening Hapag-Lloyd's position in the African market.The sale and purchase agreement will see Hapag-Lloyd acquire all shares of Nile Dutch Investments B…
Three Teesside family firms have worked together to secure a post Brexit shipping deal, keeping business in the region and supporting the growth of Middlesbrough’s port facilities.Shipping companies Casper Shipping and Cockfield Knight, along with AV Dawson…
The Baltic Exchange's main sea freight index on Wednesday climbed to a near 1-1/2-year high as panamax rates scaled a more than 10-year peak on China grain demand.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Danelec Marine and TeamViewe completed trials of a system for ship data transfer and remote access, an alternative to Virtual Private Networks (VPN) for Internet of Things (IoT) connectivity.The Danelec and TeamViewer solution claimes it will…
CM Labs Simulations launched a simulator training solution for rubber-tyred gantry (RTG) operators, which it says is the only RTG training solution that provides exercises for working with overheight, open-top, breakbulk, and liquid containers…
Valletta Cruise Port together with local authorities has worked on COVID-19 Cruise Operations Guidelines for a Safe Continuation of Cruising in Valletta, guidelines which accroding to the port have gotten the necessary approvals.“It has been a challenging time for the cruise community…
The Getting to Zero Coalition’s updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia.The 'fuel of the future'…
Panama is urging the International Maritime Organization (IMO) to step in to help stranded seafarers and shipowners wrapped up in a trade dispute between China and Australia.Some 74 vessels loaded with Australian coal and more than 1,500 mariners…
U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of uncertainty over when global oil demand will return to pre-COVID levels, shipping and trade sources say.The global rollout of coronavirus vaccines…
Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector accelerates efforts to go green.In recent weeks, Shinsei Bank Ltd, Sumitomo Mitsui Banking Corporation…