Owing to its booming shale industry, the United States is likely to become an important supplier of low-sulphur marine fuels ahead of major new emissions regulations in 2020, Vienna-based consultancy JBC Energy said on Monday.'The (United States)…
Greece-based Pyxis Tankers announced that it had successfully completed the refinancing of a previous loan facility for the Pyxis Epsilon.The emerging growth pure play product tanker company said in a press release that after repayment of existing bank debt…
Abu Dhabi Ports announced on Sunday the delivery of the first shipments of Automated Rail Mounted Gantry Crane (ARMG) and ship-to-shore quay cranes (STS) to Khalifa Port.Shipped from Shanghai, the ten state-of-the-art ARMG Cranes and four STS…
The Port of Long Beach and six other international seaports recognized for advancing innovative environmental initiatives are combining forces to launch the 'World Ports Climate Action Program.'Long Beach will join port authorities in Los Angeles…
Indian Prime Minister Narendra Modi has inaugurated the Mundra LNG terminal that has been developed in keeping with his emphasis on clean energy.He said that the inauguration of the LNG terminal is the highlight of today's programme. I am fortunate to have inaugurated three LNG terminals…
Indian Ports Association (IPA) has appointed Tech Mahindra as the Managed Service Provider for five major ports. This is the first such outsourcing deal in the major ports.Tech Mahindra will build and maintain an enterprise business system (EBS)…
APM Terminals’ new Global Core Competency Centre (GC3) will ensure that the company not only continues to lead in terms of technology, but will proactively re-think how technology can drive company growth.The GC3 commenced in July with more than half of its employees already onboard…
DHL Parcel officially opened its new state-of-the-art sorting centre located on Kaapstadweg in the Atlaspark on Thursday, 20 September, informed a press release from the company.The release said that this marked the culmination of a very successful project of Aan de Stegge and WDP…
The Danish-flagged cargo ship Venta Maersk, owned by the world's biggest shipping group A.P. Moller-Maersk, has successfully passed through the Russian Arctic, in a trial voyage showing that melting sea ice could potentially open a new trade route from Europe to east Asia…
Netherlands-based global logistics company Samskip is restructuring the multi-purpose cargo and reefer services connecting North Sea and Baltic ports to Norway operated by subsidiary Nor Lines.A press release from the company stated: 'The overhaul…
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by 1.3% in 2017. This compares with the 1.1% average fall in costs recorded for 2016. For the third successive year…
Shippers ferrying Ghana's cocoa exports to Europe will cut their freight charges by 9.4 percent for the October-September season to compensate the country for recent global bean price falls, the head of the Ghana shippers authority said on Friday…
Total Marine Solutions (TMS) and TGM Fleet & Consulting Services (TGM) have signed a Memorandum of Understanding designed to strengthen and promote the development of port specific information incorporated into TMS’ Ocean Guardian product.Developed by TMS…
The Netherlands based logistics company Samskip announced it has upgraded Norwegian subsidiary Nor Lines’ shortsea service network connecting to Norwegian coasts.The overhaul, effective from October 1, 2018, will meet rising demand for reefer…
The Duluth Seaway Port Authority has hired Dean Lembke as its new facilities manager. He will serve as the agency’s liaison with tenants, service and government agencies, private contractors and other property users to derive safe and efficient use of all Port Authority-owned land…
