The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville.In a statement released earlier today, Acting Premier Curtis Pitt said that Ms Garard was…
New Jersey Governor Chris Christie on Friday said his transportation commissioner Jamie Fox would step down by the end of the month to return to the private sector after only a year in the position. Fox was previously a lobbyist with airline company United Continental Holdings Inc…
Maersk Line will add a call at the port of Laem Chabang in Thailand on its Boomerang service starting from October 2015. This unique setup offers Thai exporters and importers with the first and only direct service between Thailand and Australia…
The Israeli ocean carrier Zim Integrated Shipping Services is upgrading its Asia-Mediterranean service network, comprising the East Med-Black Sea Express, or EMX, and the Asia-India Subcontinent East Med, or AME, by adding new port calls and upsizing tonnage deployment…
The Subic Bay Metropolitan Authority (SBMA) said that the volume of container cargo handled the Port of Subic between January and August nearly doubled year on year. SBMA Chairman Roberto V. Garcia said container volume at the Port of Subic has already reached 83…
The consortium in charge of the expansion of the Panama Canal, led by Sacyr reported that the fissures presented in the third set of locks will not delay the opening date scheduled for April 2016. The Grupo Unidos por el Canal (GUPC), comprising the Sacyr Spanish and Italian Salini Impregilo…
Engineering and technology group SENER said it has altered its organizational setup in the field of Engineering and Construction, naming Álvaro Lorente as International General Manager, a position that is adjunct to SENER’s General Corporate Management…
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International…
The Russian government plans to spend between $400 to $500 million to expand and deepen the harbor of the Novorossiysk seaport to handle larger vessels, reports Moscow News. Construction, in order to make it more competitive with Ukrainian ports also on the Black Sea…
The U.S. Coast Guard (USCG) has placed the International Register of Shipping (IRS) in the top bracket of those recognized organizations (RO) that consistently achieve zero detentions for its registered vessels for the third time in just six years…
Press release- Jim Teasdale, CEO of Mersey Maritime, has announced his retirement after 11 year at the helm of the industry representative body.His last day in the role will be Wednesday, September 30, 2015. Teasdale was a founder director of the Birkenhead based not-for-profit organization…
China's slower growth and economic transition will pose significant risks for the already struggling shipping sector, rating agency Fitch said. The shipping sector is already faces overcapacity, weak freight rates and stretched financials…
The European Bank for Reconstruction and Development (EBRD) has acquired stake in Turkish cruise port operator Global Ports Holding (GPH), one of the world’s largest port operating companies. In a statement, the bank said the minor stake…
In the largest delegation to date, DP World has recently sent, its very own employees to live, experience and become part of Milan Expo 2015. DP World’s delegation represented the entire company, from leaders and directors to customs specialists and ground staff…
Major container shipping rates plummeted again this week, with declines on the trunk Shanghai-Europe routes falling at record amounts, says Shangahi Containerised Freight Index (SCFI). A eport in ASC says that the SCFI for Far East to North Europe dropped by a staggering 31%…