Look beneath the surface of a relatively calm month for long-term contracted ocean freight rates and, says Oslo-headquartered Xeneta, industry observers will see a maelstrom of activity, adjustments and market uncertainty.According to the latest XSI Public Indices report from Xeneta…
Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD), a provider of dredging services in the United States, has reported financial results for the quarter ended June 30, 2019. The company weighs in as follows:Second Quarter 2019 Highlights•Revenue was $184…
The Coast Guard Captain of the Port set port condition Whiskey for Hawaii County, Tuesday afternoon.Commercial ports in Hawaii County are Hilo Harbor and Kawaihae Harbor of the Big Island.During Port heavy weather condition WHISKEY, gale force winds 39 mph are predicted to arrive within 72 hours…
The Baltic Exchange's main sea freight index fell for a seventh straight session on Wednesday, as demand for shipping iron-ore fell in the Atlantic.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 1.6%, or 31 points…
U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as 'constructive', including discussion of further purchases of American farm goods and an agreement to reconvene in September.The first…
Indian shipping Minister Mansukh Mandaviya has said that the government is keen to start the navigation in inland waterways and passenger transportation in the rivers in the North Eastern states of the country.The public sector company Water…
The largest container terminal in America, Long Beach Container Terminal Inc (LBCT) has officially developed “Application Programming Interfaces” (APIs) to improve upon the Terminal’s ease of doing business with the truck drayage community at large…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that will benefit Connecticut, Florida, Michigan, New York, Oregon, Texas, Virginia…
The steel cutting ceremony of the second Costa Cruises ship build at Meyer Turku commenced with new traditions: The brand new plasma cutter line was used for the first time in a production start ceremony.Costa Cruises’ Costa Toscana will be…
Global Shipping Industry Delivers Comments to Official Consultation on Proposed Modifications to Panama Canal Tolls.The Panama Canal Authority (ACP) is conducting a public consultation on a proposal to adjust the Panama Canal tolls for containerships…
Keppel Group has clinched 18 awards at this year's Workplace Safety and Health (WSH) Awards, organized by the Workplace Safety and Health Council (WSHC) and Ministry of Manpower (MOM), Singapore. This is the highest number of awards won by a single organization this year…
ZEAMARINE has successfully been awarded a large ocean transportation contract from Schenker Australia Pty Limited for the BHP South Flank Project in Western Australia. The project scope encompasses the transportation of approximately 450,000 freight tons from China to Port Hedland…
Holger Kahl will cease his involvement as Managing Director of the German part of the Privinvest group with effect from July 31, 2019. He will, however, continue to remain involved with Holding Company in an advisory capacity.Following a meeting of the Privinvest Board of Directors…
An Iranian ship called Bavand, which had been at the heart of a geopolitical spat between Brasilia and Tehran, set sail from Brazil on Monday after receiving fuel from state-run Petroleo Brasileiro , the port of Paranaguá said.Meanwhile, a second Iranian ship…
The Baltic Exchange's main sea freight index fell for a sixth straight session to a more than two-week low on Tuesday following weak demand for panamax and supramax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
