The Baltic Exchange's main sea freight index fell for a tenth straight session on Monday to its lowest in nearly a month as a combination of better ship supply and easing demand hurt vessel rates.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
Maritime Strategies International has unveiled MSI Horizon, a new digital platform which enables clients to access the consultancy’s proprietary macro and shipping market models and asset valuations data via a single interface.The creation of…
Port of Hamburg, Germany’s biggest universal port, said that in the first three months of 2019, at 2.57 million tons, the total quantity of cargo carried by inland waterway craft between the Port of Hamburg and its hinterland achieved double-digit growth of 12…
Höegh Autoliners’s RoRo services team in India handled transportation of the 28 meters long windmill blade from Ennore, India to Shanghai, China.'Sensitive cargo such as windmill blades require white-glove treatment and experienced personnel to perform the operations…
Britain's most centrally located deep sea port, the Bristol Port Company welcomes the Free Port concept as it has the potential to boost investment opportunities in and around UK ports.Recently, UK's International Trade Secretary Liz Truss announced…
Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger Guenther the port facilities have handled nearly 1.5 Million TEU through the first half of 2019…
The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of Galați, the largest sea-river port in the country.In April 2019, Romania notified the Commission of its plan to grant investment aid to the Port of Galați…
Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third-party business during the first quarter ended 30 June 2019, on a year- on-year basis…
The Port of Stockton in San Joaquin Valley, in the extended San Francisco Bay Area, has achieved certification from Green Marine, the largest voluntary environmental certification program for North America’s maritime industry.Certification recognizes…
Mediterranean Shipping Company’s MSC Jewel, the cleanest container ship to visit the United States, has stopped by the Port of Long Beach (PoLB).According to a release from the second-busiest container port in the United States, after the Port of Los Angeles…
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…
U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U…
Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors…
The Port of Stockton in San Joaquin Valley has achieved certification from Green Marine, the largest voluntary environmental certification program for North America’s maritime industry. Certification recognizes the Port of Stockton’s commitment to continuously reducing its environmental footprint…
Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales…