Somali security forces clashed with pirates early on Wednesday and freed nine seamen kidnapped on an Indian cargo ship this month, officials said.The pirates seized the dhow Al Kausar off Somalia's coast, part of a surge of attacks after years without a reported incident…
World No. 1 shipping company Maersk Line gained EU antitrust approval on Monday for its acquisition of Hamburg Sud (HSDG) after agreeing to pull the German company out from five consortia on trade routes to address competition concerns. The bid by Maersk…
Hellenic Republic Asset Development Fund (HRADF) asked for improved financial bids from short-listed investors seeking to buy a majority stake in its second-largest port, reports Reuters. Greece’s privatization agency (TAIPED) got three…
Norway is going to build the world’s first tunnel for ships, a 1,700-meter (5,610-feet) which will cost over $300 million USD (NOK 2.7 billion) and allow cruise ships to bypass the most risky area along the coast of Norway. The Norwegian…
Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational topics as a result of the U.S. Federal Maritime Commission (FMC) voting to allow the 'East Coast Port Gateway Terminal Agreement' to go into effect…
Greece's privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port.Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port…
The Institute of Chartered Shipbrokers (The Institute) has signed a strategic agreement with China's Ministry of Transport & Shanghai International Shipping Center to expand the delivery of its professional education services.It promotes co…
Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Cooperation (MOC) with the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) at the sideline of the International Symposium on LNG bunkering in Yokohama…
India's all major ports have been asked to put in place the RFID system to ensure real-time tracking of vehicles and men at ports. 'All major ports have been directed to implement RFID (Radio-Frequency Identification) system by March 31…
Ports development and capacity augmentation is a continuous process in India, says the ministry of shipping. Government is regularly monitoring the Port projects to modernize and upgrade to increase capacity of the Major Ports and also…
Port workers in Greater Rosario, from where 80 percent of Argentina's grains is shipped, suspended plans for a 24-hour strike on Thursday after a truck driver ran over and killed a protester, a union leader said.The driver drove through a line of protesters and had been drinking alcohol…
The Expansion, modernization and upgradation of shipping infrastructure in India is an on-going process to keep the ports abreast with new technologies and also to promote trade and cargo. The Government is committed to provide best possible infrastructure facilities to Indian shipping industry…
The ongoing project on national waterways ‘Jal Marg Vikas’ is a Rs 5,400-crore World Bank funded project on the Ganga, being developed between Allahabad and Haldia to cover a distance of 1620 km. The Jal Marg Vikas Project (JMVP) for…
Venezuela's state oil company PDVSA said on Wednesday a spill at its main exporting port Jose had been halted without any impact on crude shipments from the terminal.'Operations of production and shipment of crudes from the Hugo Chavez Orinoco…
Following much debate the EU Port Services Regulation (PSR) finally came into force today. EU member states will be required to implement the legislation within two years of this date meaning that the PSR will be effective from March 24, 019…
