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Nakilat Profit Jumps by 8.5%

Oct 29, 2018

Qatar Gas Transport Company (Nakilat)  has reported about 8.5% year-on-year increase in net profit to QR659mn (USD 181 million) during January-September this year.'Nakilat’s stronger performance is a result of the company’s successful expansion…

Seabury Maritime Expands Executive Team

Oct 29, 2018

The global maritime and transportation investment bank and industry advisory Seabury Maritime PFRA (SMPFRA), a division of Seabury Capital Group, announced the appointment of Fernando Lehrer as Executive Director, Head of Marine Services, and Nikos Petrakakos as Vice President…

Kiel Port Ends Most Successful Cruise Shipping Season

Oct 29, 2018

On Sunday October 28th with the visit of the “AIDAbella” Port of Kiel closed its latest cruise shipping season.This year the port has been visited 166 times by 33 different cruise ships with a combined gross tonnage of more than 11 million. For the first time close to 600…

Konecranes Wins New Order for RTG System from Indonesia

Oct 28, 2018

The smart terminal solutions provider Konecranes has received another order for the delivery of an Automated RTG (ARTG) System to PT Prima Terminal Petikemas, a subsidiary of state-owned port operator PT Pelabuhan Indonesia I (Persero).The ARTG…

US Maritime NOT Prepared for Cyber Attacks: Survey

Oct 28, 2018

Almost 80% of large U.S. maritime industry companies surveyed reported that cyberattackers targeted their companies within the past year, according to a new maritime cybersecurity survey.The inaugural Maritime Cybersecurity Survey from New Orleans…

Abu Dhabi Ports Acquires Damen Tug Boats for Khalifa Port

Oct 28, 2018

Abu Dhabi Marine Services “Safeen”, the marine services subsidiary of Abu Dhabi Ports, announces the purchase of two new state-of-the-art tugboats from Damen Shipyards Group aimed at supporting the AED 10 billion] expansion of Khalifa Port, Abu Dhabi Ports’ flagship deep-water port…

Costa Rica Grants Green Light to Moín Terminal

Oct 28, 2018

APM Terminals’ Moín Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth. This is a key step for the terminal, which is on schedule to be fully operational in February 2019…

Mombasa Port Receives Largest Container Vessel

Oct 28, 2018

Port of Mombasa of Kenya Ports Authority (KPA) pilots has received Mediterranean Shipping Company (MSC) container vessel MSC Maxine  master one of largest container vessel to dock at the facility.The port has registered a new performance record…

Major Shipping Lines Join to Expands Mediterranean-U.S. East Coast

Oct 28, 2018

Hapag-Lloyd, Ocean Network Express, and Yang Ming announced the strategic cooperation with CMA-CGM, COSCO, OOCL to enhance their Mediterranean-U.S. East Coast service AL6 (Atlantic 6) to deliver a more efficient and comprehensive service quality…

Interferry Welcomes EEDI Status Quo for RoRo Vessels

Oct 26, 2018

Trade association Interferry has welcomed this week’s decision by the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) to uphold previously agreed sector-specific Energy Efficiency Design Index (EEDI) targets for ro-ro passenger and ro-ro freight vessels…

Kiel Reports Successful Cruise Shipping Season

Oct 26, 2018

Kiel closes its latest cruise shipping season on Sunday, October 28th with the visit of the AIDAbella.This year the port has been visited 166 times by 33 different cruise ships with a combined gross tonnage of more than 11 million. For the first time close to 600…

‘Pink Lady’ in the Port of Hamburg

Oct 26, 2018

ONE container shipping group’s first containership in novel magenta livery calls in HamburgWith her striking magenta color design, she’s a real eye-catcher in the Port of Hamburg. With a length of 320 meters and slot capacity of 8,102 TEU (20…

London P&I Club Issues Guide to ECDIS Management

Oct 26, 2018

THE London P&I Club has joined forces with London Offshore Consultants (LOC) to produce a guide to the proper management of ECDIS (Electronic Chart Display and Information System) on board ships.The driving force behind the publication, ‘Is…

Singapore Petroleum Builds New Oil Storage, Distribution Center

Oct 26, 2018

Singapore Petroleum Company, a subsidiary of PetroChina International, said in a statement on Friday it completed a new oil products storage and distribution terminal on Jurong Island, an artificial island off Singapore's southwest coast.The…

New Maritime Fuel Rules: Industry Frets About Cost, Strategy, Supply

Oct 26, 2018

There are studies and reports from classification societies, scientific organizations and governmental agencies assuring maritime industries that carbon-heavy fuel is peaking and will be replaced by 2050, if not by 2035, with zero carbon power alternatives…

Logistics News

War Insurance Costs to Israel Soar

War Insurance Costs to Israel Soar

Tanker Vessel Market Flashes Yellow as Middle East Burns

Tanker Vessel Market Flashes Yellow as Middle East Burns

Shore Power System Installed at Husky Terminal

Shore Power System Installed at Husky Terminal

Maturing Dry Bulk Fleet Ill-Equipped for Future

Maturing Dry Bulk Fleet Ill-Equipped for Future

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