Fenix LLC St.Petersburg, owner and operator of Port Bronka, inked an agency agreement with NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg, to promote the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg…
Australia has become the largest liquefied natural gas (LNG) exporter in the world. The record figure knocked Qatar out of the top spot.'Australia is set to become the world’s largest liquefied natural gas (LNG) exporter this year, overtaking Qatar…
China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.The spread of the deadly…
Chinese state-owned shipping company COSCO Shipping Lines, Hong Kong container shipping company Orient Overseas Container Line (OOCL), Japanese/Singapore container shipping company Ocean Network Express (ONE) and Taiwanese ocean shipping company…
The Vietnam National Shipping Lines Corporation (Vinalines) has set sights on joining the global shipping alliances (GSA).As part of this move, Vinalines will devise a number of measures to further promote growth of its three key sectors of seaport…
The German company Hapag-Lloyd announced the adoption of a new real-time remote monitoring system for its reefer containers - Hapag-Lloyd LIVE.The tool increases the transparency of the cold chain by offering customers a number of data sets…
South Korea' Financial Services Commission has announced 820 billion won ($690 million) in funding to help modernize aging passenger boats and cargo ships.According to a Yonhap, the package is meant to help smaller shipping companies build 59 new ships -- 21 passenger boats and 38 cargo vessels…
Finnish shipping company Meriaura, part of Meriaura Group, announced that general cargo ship M/V Friendland (DWCC 4450 t) has joined its fleet.Friendland (built 2002) has dead weight/volume ratio (7200 m3) and is therefore a welcome addition to the fleet…
The National Shipping Company of Saudi Arabia (Bahri) has reported strong financial results for the quarter and the full year ended December 31, 2019, underpinned by an increase in returns of several business units.The transportation and logistics…
US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared to the same period of 2017, the last full year unaffected by the trade war…
Port of Green Bay reports continued growth in 2019.The 2019 shipping totals were the highest since 2007 during a period that saw the highest tonnage in the past 30 years; 2006 saw 2.55 million tons shipped through the port. The common denominator during both periods of time is a robust economy…
Container volumes at the Port of Oakland decreased 1.8% in 2019, new data shows.The port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.Oakland handled the equivalent of 2…
Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.According a press release from the global shipping…
The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance…
Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal…
