Singapore’s maritime industry had a mixed performance in 2015. While the Republic remained the world’s top bunkering port, with the volume of bunkers sold last year increasing by 6.5 per cent, container and cargo throughput contracted by 8…
CMA CGM has announced the reshuffling of its CIMEX 2E service linking Asia to Chennai (India East Coast) as from January 2016. New service features are the following: Rotation: Busan - Shanghai - Hong Kong - Yantian - Singapore - Port Kelang…
Hapag-Lloyd announces the South East Asia - Australia Service (SAL) update in regards to the recent CustomerInfo in relation to M/V Hanjin Aqua (Voyage 0029N). They were updated by the Average Adjusters that, following the successful refloating…
At its first meeting of 2016, the St. Louis County Board reappointed its longest serving Commissioner, Steve Raukar, to the Duluth Seaway Port Authority Board for a third term. First appointed in 1998, Raukar currently serves as Port Authority president…
The Port of Seattle welcomed its newest commissioner, Fred Felleman, as he took the oath of office along with reelected Commissioner Courtney Gregoire at Tuesday’s Commission meeting. The commission officers for 2016 were also announced…
GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015…
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port, gaining a key foothold to expand China's economic and military presence in Europe and Africa under the 'One Belt…
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m)…
Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line has been the world’s largest container shipping company since 1996. It operates…
Shifting international trade patterns at America’s seaports – with mega-size vessels requiring higher capacity road and rail connections serving ports, along with deeper harbors, bigger cranes and sturdier berths – can bolster a region’s economy while straining its infrastructure…
Otto Marine Limited, an offshore marine company specializing in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that its wholly-owned subsidiary, Otto Marine Shipyard Pte Ltd…
Petrogas Private Limited, a joint venture company between Isomeric Holdings Bhd from Malaysia and LEPL Ventures Pvt Ltd (LEPL) from Vijayawada, has signed a facilitation MoU with Krishnapatnam Port Company Ltd (KPCL) and Andhra Pradesh government…
The first cargo of liquefied natural gas has sailed from the mammoth Australia Pacific LNG (APLNG) facility in Queensland, following a delay of at least two weeks with another carrier waiting to be loaded. The startup of the APLNG project comes after a slight delay…
The French State has implemented new provisions regarding tax exemptions on commercial vessels of at least 15 meters in length, including yachts. The provisions came into force on the 1st January 2016. These provisions can be found in…
A number of claims and disputes have arisen where cargoes of Distillers Dried Grains with Solubles (DDGS) originating from the United States have been rejected by Chinese receivers.The cargoes were rejected on the basis of color. If the color of the DDGS is dark…