Business veteran Ravi Edirisinghe has been appointed Director/Chief Executive Officer of GAC Group of companies in Sri Lanka.He brings to his new role 27 years of knowledge and experience in strategic planning, business development and re-engineering…
Through distributor QOPH Engineering Enterprise, Konecranes has delivered 13 reach stackers to Ethiopian Shipping and Logistics Services Enterprise (ESLSE). This order has put 10 reach stackers at Modjo Port & Terminal, Ethiopia’s main dry port which handles most of the country’s trade…
Tehran has in the past threatened to block the Strait of Hormuz, a major oil shipping route at the mouth of the Gulf, in retaliation for any hostile U.S. action, including attempts to halt Iranian oil exports through sanctions.Still, the U.S…
Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…
German container liner Hapag-Lloyd sees itself on a promising course to achieve better results and further reduce debts as it cuts costs, benefits from merger synergies and finds itself in an improving shipping industry environment.'We see fairly…
Tonnage on river increases 60 percent from 2018Through the first two months of 2019, the Port of Little Rock and its stevedorer, LSI, have seen a year-to-year increase of 33 barges, a 62% increase in activity. Additionally, tonnage is up 49…
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement 'will probably happen,' adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble…
The Commandant of the United States Coast Guard delivered his first State of the Coast Guard address Thursday at Coast Guard Base Los Angeles-Long Beach in San Pedro.Speaking from the largest port in the nation, Adm. Karl Schultz highlighted Coast Guard security and marine safety operations…
Singapore-headquartered international petroleum storage and logistics provider Global Petro Storage (GPS) has entered into an agreement with the Port of Amsterdam to develop a railcar connection on land adjacent to GPS' existing 11-tank gasoline and bioguel storage and blending facility…
Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste…
The Federal Bureau of Investigation is not taking appropriate steps to review and assess potential maritime terrorism risks facing U.S. sea ports, the Justice Department's internal watchdog has found.The audit, released on Thursday by Inspector General Michael Horowitz…
VARO Energy subsidiary REINPLUS FIWADO Bunker and GoodFuels have extended their partnership to improve availability of bio fuel oil (BFO) to deep sea vessels leaving from Rotterdam.The new deep sea proposition, which will help to improve the sustainability of the segment…
The US Coast Guard has established a temporary safety zone on the Missouri River prohibiting navigation between mile marker 360 at Kansas City, Missouri to mile marker 450 at St. Joseph, Missouri. 84 Fed. Reg. 10417 (3/21/19) [https://www.govinfo…
China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U…
Connecticut Port Authority announced that GZA GeoEnvironmental will provide design and engineering solutions for repairs and modifications of Pier 7 located at Fort Trumbull.Working closely with the Connecticut Department of Energy and Environmental…