Two new mobile harbor cranes arrived at the Port of Brownsville, in Texas.On January 16, the cranes arrived at the port onboard the 393-foot long specialized cargo carrier M/V BBC ASIA.The Brownsville Navigation District ordered the Konecranes…
Dubai state controlled port operator DP World has taken a 44% stake in Swiss container terminal operator Swissterminal Holding AG.The Mayer family, who founded the business, will remain a majority shareholder, a statement from the company said…
Israel gave final approval for the privatization of Haifa port, one of its main seaports, in an effort to improve competition in an industry that has been plagued for years by high costs and labor disputes, the port said on Tuesday.The green…
The Baltic Exchange's main sea freight index fell to its lowest level since early April last year on Tuesday, weighed down by weaker demand for vessels across all segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
U.S. President Donald Trump said on Tuesday that he was going to discuss a trade deal with the European Union (EU) in a meeting with European Commission President Ursula von der Leyen.Speaking ahead of a meeting with von der Leyen on the sidelines…
Geneva-based global cruise line MSC Cruises has signed a contract with the French shipbuilder Chantiers de l’Atlantique to build the third and fourth liquefied natural gas (LNG)-powered MSC World Class ships.The two parties announced that a…
Global Marine Travel, a Florida-based travel management company to the maritime industry, has partnered with the Greek travel firm Argo Travel Group to enhance its travel offering, particularly in terms of service delivery and driving growth in the Greek and international markets…
Brasco, a part of the Brazil's provider of integrated port and maritime logistics and supply chain solutions Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex…
APM Terminals Pipavav [Gujarat Pipavav Port Ltd] has commenced operation of ‘drive-through container scanner’ effective December 1, 2019. The scanning system adheres to the guidelines issued by the Atomic Energy Regulatory Board and specifications issued by Directorate of Logistics (DOL)…
At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.The global shipping fleet, which accounts for 2…
Chilean logistics company SAAM has struck a deal to buy Intertug Investment Holding, a towage services company with operations in Colombia, Mexico and Honduras.SAAM will spend $54.5 million for 70% of Intertug, based on an enterprise value of $98 million…
Japanese shipbuilding major Tsuneishi Shipbuilding delivered the 500th newbuilding in long running bulker range the Tsuneishi Economical Standard Ship (TESS).The TESS64 Aeroline bulker Sarita was delivered to Ugland Shipping by Tsuneshi Heavy…
The container ship facility located in the San Francisco Bay, Port of Oakland 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high…
2019 was a relatively safe year for shipping in the port of Rotterdam. Over the past year, the number of sea-going vessels arriving was about the same as in 2018: 29,491 compared to 29,476 last year.According to the port authority, the number…
America’s largest military shipbuilding company Huntington Ingalls Industries (HII) Ingalls Shipbuilding division has awarded $99,592 in grants to 28 STEM-related initiatives from schools and educational organizations in Mississippi and Alabama…