China's coal imports dropped sharply in August from the month before, customs data showed on Friday, after cooler weather crimped demand from utilities and as a typhoon disrupted supply.Total arrivals last month fell 12 percent from August to the lowest since May at 25…
U.S. Coast Guard Commandant Admiral Karl L. Schultz has issued the Coast Guard's 40-paged document that outlines their 'VISION for Enabling Maritime Commerce.' He introduces the new paper in an open letter to industry, as shown below:America is a maritime Nation…
The European Commission approved on Friday the expansion of a Danish scheme to tax shipping companies on their tonnage, the EU executive said in a statement.Under the so-called tonnage tax schemes, shipping companies pay taxes on the basis of…
Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas tree lighting will join thousands of other companies peddling their wares at China's largest trade fair Monday.Many of…
The Transport Committee of the European Parliament adopted earlier this week the final report on the Port Reception Facilities and gave a mandate to the Rapporteur Ms Gesine Meissner to start negotiations with the Council and the EU Commission to finalise the text of the new directive…
MSC Mediterranean Shipping Company is launching a new rail service to bring agricultural cargoes from Spain closer to the international markets.The transportation and logistics company said that the new service runs will improve links between…
The major ports in India have recorded a growth of 5.12% and together handled 343.26 Million Tonnes of cargo during the period April to September, 2018 as against 326.54 Million Tonnes handled during the corresponding period of previous year…
The Port of New Orleans (Port NOLA) welcomed its largest containership ever when the CMA CGM operated Pusan C, a 9,500 twenty-foot-equivalent unit (TEU) vessel, called on October 8 at the Napoleon Avenue Container Terminal operated by Ports America…
Dubai state-owned port operator DP World launched on Thursday a $101 million project to expand a port in the breakaway region of Somaliland.Somaliland broke away from Somalia in 1991 and has acted as a de-facto independent state since then but is not internationally recognized…
Vessel Construction Manager Will Deliver National Security Multi-Mission Vessel. Today, the Maritime Administration (MARAD) released a Request for Proposal (RFP) to solicit for a Vessel Construction Manager (VCM) to deliver a new class of training…
Royal Boskalis Westminster N.V. has nominated Carlo van Noort to be appointed as Chief Financial Officer (CFO) of Boskalis at the Annual General Meeting of Shareholders (AGM) in May 2019. The term of the current CFO, Hans Kamps, expires on the date of that same AGM…
The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429…
Two hydrocracking reactors made by ATB Riva Calzoni have sailed on board the BigLift company’s Happy Star ship, with their destination the first private Nigerian refinery owned by Dangote Refining Ltd.The high-pressure units were made both at Roncadelle…
Transport company Ceva Logistics on Thursday said it had rejected an unsolicited takeover attempt, saying the 1.53 billion Swiss franc ($1.55 billion) offer undervalued the recently floated company.An unnamed suitor offered 27.75 francs per share for Ceva in cash…
Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.Fredriksen's companies typically add high…
