Iron ore shipments to China from Australia's Port Hedland terminal, the world's biggest iron ore port, fell more than 5% in September from a month earlier, port data showed on Tuesday.Shipments to China totalled 36.05 million tonnes in September…
Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.WHAT HAS HAPPENED TO SHIPPING RATES?The cost of chartering a supertanker to send…
We’ve all heard the stories, and many of us have seen it first-hand: the completely ineffective assessment practice of giving the same multiple-choice exam to people over and over. The only time this is ever acceptable is when all of the people…
Drewry Shipping Consultants has revealed that it now expects global port throughput to rise by 2.6% in 2019, down from the previous 3.0% expectation.The mood-music surrounding the container market has deteriorated further in the last three months…
The US Federal Energy Regulatory Commission has approved the construction of Venture Global's proposed $8.5 billion Plaquemines liquefied natural gas export facility in Louisiana. Venture Global LNG to build an LNG Plaquemines export terminal…
The $538 million first phase of the new Deepwater Port of Posorja in Ecuador by global trade enabler, DP World, is now completed and successfully operational.The overall $1.2 billion project will replicate Dubai's Jebel Ali Port and freezone…
ShipServ, the marine eProcurement platform for ship operators, announced it is set to deliver a full supplier integration solution for AMOS Group Ltd, the SGX-listed global provider of diversified products services and solutions to the marine and offshore industries…
Bermuda-headquartered Nordic American Tankers (NAT) said that its tanker segment is on upswing mode following he strong market improvement for its Suezmax tankers.'However, seeing is believing and if anyone had doubts, last week, the international…
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has partnered with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology and Marubeni Corporation to jointly work on research and analysis of maritime…
India can now use two crucial Bangladesh ports - Chattogram and Mongla - for shipment of its cargo, which will cut time and cost significantly, India's shipping minister Mansukh Lal Mandavia said.He has said that Indian Prime Minister Narendra…
Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday.The Very Large Crude Carrier (VLCC)…
The Danish company Bawat A/S, specializing in the treatment of ballast water aboard ships and in ports, has just finalized the provision of capital equal to more than $2.94m from new and existing shareholders.The new shareholders include Selfinvest Family Office as a key stakeholder…
TRAC Interstar, a leading provider of emergency fleet services, is changing its name to FYX Fleet Roadside Assistance. The new name blends TRAC Interstar’s 35 years of service excellence with next-generation road service technology for the intermodal and trucking industries…
Perth-based Harbor towage operator, Westug Pty Ltd (Westug) has announced their successful start with the OptiPort AI-assisted Dispatch system in its new Port Hedland operation to ensure long-term, efficient and sustainable towage services in…
ONE SEA, the industry alliance whose primary aim is to lead the way towards an operating autonomous maritime ecosystem by 2025, has appointed Riku-Pekka Hägg as Chairman of its Management Board.Hägg, who will oversee ONE SEA while retaining his current role as Vice President…