Throughput at the Port of Rotterdam is set to drop by up to 20% this year as the coronavirus pandemic disrupts production and trade worldwide, Europe's largest sea port said on Thursday.Throughput of containers, coal, oil products and other bulk goods already declined 9…
Taiwan-based shipping company Evergreen Line recently added 2,000 Carrier Transicold PrimeLINE units to its refrigerated container fleet.“Carrier Transicold’s 18-year relationship with Evergreen Line continues to grow, as evident in our units…
To help Northeast Florida companies better manage cash flow during COVID-19, the Jacksonville Port Authority (JAXPORT) is now deferring the application fee for all new Foreign Trade Zone No. 64 applications received by July 31, 2020. New FTZ customers can defer the one-time $2…
Crowley Logistics has expanded its on-terminal, perishables handling capabilities by constructing a new USDA inspection dock in Port Everglades, Fla. The new $1.6 million dock has capacity for 80 refrigerated (reefer) containers, more than double the previous size…
Jim Miller, chairman of the Board of Directors of Philly Shipyard, has requested to step down from the board, to join the management team of Philly Shipyard, Inc. as Senior Advisor to the CEO.The Nomination Committee has nominated Kristian Rokke to return as Chairman of the Board…
Marine Jet Power (MJP) announced Cole Merritt and Peter Gonzalez have joined its business development team in the Americas.“Peter and Cole are a welcome addition to the MJP team in the Americas. As we continue to expand our footprint in the…
Singapore oil trader Hin Leong held a call with banks on Tuesday after they failed to provide a letter of credit to the firm to purchase at least one cargo of oil products due to load this month, four sources said.The coronavirus pandemic has…
India's merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, the Trade Ministry said in a statement said on Wednesday.Merchandise exports fell to $21…
Lasse Carøe Henningsen, 46, will become the new Chief Financial Officer (CFO) at Hamburg Süd, succeeding Jakob Wegge-Larsen, who has held this position since December 2017 and will be returning to Maersk in Copenhagen at the end of June. Already at the end of February 2020…
Naval Ship Management (NSM) has partnered with L3Harris Technologies to provide engineering, maintenance and supply chain solutions to support Australia’s largest warship - the Canberra Class Amphibious Assault Ship, also known as the Landing Helicopter Dock (LHD)…
Late on the night of April 14, 1912, the “unsinkable” passenger ship RMS Titanic, on its maiden voyage from Southampton to New York, struck an iceberg. It sank about three hours later, at about 2:20 a.m. on April 15, 1912. Of the 2,224 persons on board…
Port Elizabeth Container Terminals (PECT) prepares for the upcoming citrus fruit harvest with new Liebherr mobile harbor crane technology. The two LHM 600 were transported from Rostock, Germany to South Africa. After a 20-day journey, they were unloaded from the transport vessel “Happy Dragon”…
Social distancing is a new fact of life for most, but not long-ago technical conferences brought experts together. In early February, Underwater Intervention provided a series of presentations on developments in untethered vehicles. A powerful…
During these unprecedented times, the International Transport Intermediaries Club (ITIC) recommends that brokers should consider stressing the current unusual market conditions in their ship valuation certificates.Following the financial crisis of 2008…
A new COVID-19 Tracking Tool developed by global marine insurer North has been made available as a shared resource to the International Group of P&I Clubs.The online tool, first released by North in February, was formally launched via the IG website this week…