Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) announced that two of its subsidiaries that provide harbor tugboat and other related services, will merge on July 1, 2019.Yokohama, Kanagawa-based Wing Maritime Service…
Navig8 Chemical Tankers entered into sale and leaseback agreements with ICBC Financial Leasing for four ships.The tanker company focuses on the maritime transportation of Chemicals worldwide said in a press release that the net proceeds from the transaction of four of the Company’s IMO2 37…
Canadian National Railway (CN) said it plans to invest more than $245 million in Saskatchewan in 2019 to expand and strengthen the company’s rail network across the province.“Following a record capital program in 2018, CN brought on 25% more…
Marshall Islands-incorporated containership charter owner Global Ship Lease (GSL) has agreed a three-year charter with Hapag-Lloyd for the 2015-built, 9,115 TEU containership UASC Al Khor.The new charter is in direct continuation of the current charter and is expected to commence in June…
German-based cargo container shipping line Hapag-Lloyd AG is launching a new liner service offering a direct connection between Turkey and the US East Coast.The Turkey North America East Coast (TNE) service will operate every nine days between the Turkish seaport of Marmara (Izmit…
APM Terminals Mumbai, India’s busiest container terminals has achieved yet another milestone. The terminal has set a new national record for handling servicing largest volume exchange in a single port call - 11,026 TEUs on March 12, 2019.Working closely with the CMA CGM Group India Operations Team…
Dan-Bunkering has announced the hiring of four new team members for the office in Dubai. Trader-wise the Middle Eastern office is the second largest office in the Group, only marginally overtaken by the head office in Middelfart, Denmark.The…
A storage tank fire on the Houston Ship Channel on Sunday has spread to seven petrochemical storage tanks, forcing residents in the suburb of Deer Park, Texas, to stay indoors on Monday, but no evacuations or injuries were reported.The fire…
India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition…
Allseas’ Pioneering Spirit, the largest construction vessel in the world, has arrived in the port of Rotterdam to prepare itself for upcoming topsides lift works.The preparations included the removal of the pipelaying stinger. When Pioneering Spirit is required for topsides lift work…
Finnish Shipbuilder Meyer Turku has floated out Costa Smeralda, the first LNG-powered ship in the Costa Cruises fleet.'The float-out of LNG powered 180 000 GT cruise ship, marks the beginning of the final stage of construction for this Italian style beauty engineered and constructed in Finland…
The largest U.S.-flagged roll-on roll-off (Ro-Ro) carrier American Roll-on Roll-off Carrier (ARC) said that its M/V Patriot loaded equipment for the Army’s 4th Combat Aviation Brigade (CAB) at the port of Thessaloniki.M/V Patriot moved a mix of helicopters…
The international shipping company specializing in the ownership of dry-bulk vessels Castor Maritime announced that, through a wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its Panamax vessel Magic P…
The global Shipping Software market is valued at 1160 million in 2018 and is expected to reach 1880 million by the end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.The shipping software market stands tall as one of the most proactive industry verticals…
To keep traffic flowing around the ferry terminal in IJmuiden Seaport, Netherlands, in the event of a no-deal Brexit, preparations are underway for a temporary lorry parking location.According to a press release from the Port of Amsterdam Authority…
