Cosco Shipping Holdings (CSH)has announced that its profit for 2016 will be below that of 2015, reports Reuters. The container shipping arm of state-owned China Cosco Shipping Corp expects to post a net loss of 9.9 billion yuan ($1.44 billion) for 2016…
Cosco Shipping Ports has signed a memorandum of understanding (MOU) with CMA Terminals Holding in Shanghai. The two parties have agreed to seek cooperation in ports worldwide and preference will be given to ports that the Ocean Alliance calls…
Intermarine, LLC said it has obtained activation for Industrial Terminals (Houston) as a Foreign Trade Zone (FTZ) under Foreign Trade Zone Board (FTZB) and U.S. Customs and Border Protection (CBP) regulations. The entirety of Industrial Terminals’ 92 acres has been approved for FTZ activity…
A seven-member delegation of trade ambassadors from Cuba met with Port officials and Louisiana trade representatives at the Port of New Orleans today, marking a return trip following a Louisiana delegation visit to Cuba in October. The delegation…
Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has signed an agreement with the Kandla International Container Terminal (KICT) in India, to start the first direct common carrier feeder service between Saudi Arabia and India…
A shipment of artisanal charcoal made its way from Cuba to Port Everglades aboard Crowley’s container ship K Storm, marking the first truly commercial shipment from a Cuban cooperative to a private U.S. business since the U.S.-Cuba trade embargo was imposed more than 50 years ago…
To help meet customer needs in the greater Mobile, Ala. market, TRAC Intermodal is converting marine chassis in its fleet from bias ply to radial tires. The program, begun in December 2016, will be completed by the end of March. TRAC’s customers in the Mobile market often face long hauls…
Netherlands-based Mariserve has purchased a secondhand pilot boat, Mercury, previously owned by the Dutch Pilot Association. The Mercury will continue under the name Sirocco. This vessel is the ninth vessel previously owned by the Dutch…
The Port of Vancouver USA Board of Commissioners today voted 2-1 to hire interim CEO Julianna Marler as the port’s permanent CEO/Executive Director. Marler, who was appointed interim CEO by the board in May 2016, was one of three finalists for the position…
The turnover of goods of seaports of Russia for the first time in history exceeded the mark of 700 million tons per year, reports local media. According to figures released by the Russian Maritime Ports Association, the sector's overall turnover rose 6…
An Iranian oil tanker has called at a European port for the first time since the lifting of sanctions last January, IRNA news agency reported quoting Sirous Kianersi, managing director of the National Iranian Tankers Company (NITC). Sirous…
Cocoa is backing up at Ivory Coast's warehouses and ports, international exporters told Reuters, saying that domestic companies have been securing export rights at auction for beans they can no longer afford. Three exporters estimated that 15…
Falck is due to open a new training center on the Maasvlakte in 2018. It will become an international, high-profile safety-knowledge center for public and industrial fire brigades, the offshore, maritime sector and wind industry. The first steps have been taken January 24…
As of January 1, 2017 the Curacao Ports Authority (CPA), and its tug operating affiliate KTK, are officially in production with their new KleinPort port management information system. CPA and KTK are using the KleinPort system to schedule…
On 23 January, the Council of Ministers adopted the Port Regulation, which concludes the procedure at first reading. The European Parliament voted on 14 December 2016. The legal act will be signed by both institutions in mid-February and published in the EU Official Journal a few weeks later…