Bureau Veritas and TMC Marine, a Bureau Veritas Group Company since 2016, and the London P&I Club have produced their latest guidance in their series on loss prevention issues. The new publication focuses on systemic failures on board ships…
Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration…
According to a research note from BIMCO, Brazilian soya bean exports are up 85.2% in the first two months of 2019, this following a record high exports in 2018 of 83.6 million tonnes, which was a 22.7% increase from 2017.According to BIMCO,…
Effective March 12, 2019, Mr. Hiroaki Sakashita has been appointed as Senior Executive Vice President as well as Executive Director of ClassNK.Sakashita began his career at Japan’s Ministry of Transport (now Ministry of Land, Infrastructure…
IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will…
As the Ballast Water Management Convention (BWMC) deadline for compliance approaches, the market is visibly gearing up to address the snowballing demand across the board.Ballast water treatment system (BWTS) manufacturers are sizing up the competition as ship owners weigh up their immediate needs…
The Port of Zeebrugge, Belgium, has revealed it developed a new data sharing platform to allow a fluent flow of cargo to and from the UK despite extra customs administrations which will be implemented after the Brexit deadline.The development…
Japanese shipping major Mitsui O.S.K. Lines (MOL) announced that, in partnership with MOL Coastal Shipping, and MOL Information Systems, it will start a demonstration test of a mooring rope with a built-in sensor, along with a rope status monitoring system…
Sluis Haven Informatie Punt (SHIP), the information center is located on the lock complex right next to the construction site of the new sea lock in the North Sea Canal Area of IJmuiden, Netherlands, has introduced innovations over the past few months…
Drewry has welcome one of the world’s leading automotive and energy companies to its exclusive, online ocean freight cost comparison service, Benchmarking Club.With this latest addition, Drewry Benchmarking Club now counts more than 10% of its members in the S&P 100 and Nasdaq 100…
American trucking company Saia announced that Saia LTL Freight has opened its newest Northeastern terminal in Wrentham, Massachusetts. This is the 11th facility the company has launched in the region since 2017.'Our expansion in the Northeast…
Largest Containership Built in U.S. Will Serve HawaiiMatson, Inc. and Philly Shipyard, Inc. (PSI) christened the second of two Aloha Class containerships built for Matson in a ceremony at Philly Shipyard on Saturday, March 9. Dubbed Kaimana Hila…
Venezuela's state-run oil firm PDVSA has been unable to resume crude exports from its primary port since last week's massive power outage, essentially crippling the OPEC nation's principal industry, people familiar with the matter said on Monday…
Specialist breakbulk and project heavy lift carrier AAL has successfully shipped 22 petrochemical plant modules from the Wilson Heavy Industry Company in Nantong, to the Ethylene Glycol II Expansion Project in Point Comfort, Texas on behalf of the Pacific Ocean Group Limited…
Volume growth will continue for ports throughout the world but at a more modest pace over the next 10 years, according to Fitch Ratings in a new report. Global port throughput has shown resilience over the last 10 years with throughput growth…
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