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Great Lakes Limestone Trade Rises in September

Oct 08, 2018

Shipments of limestone on the Great Lakes totaled 3.6 million tons in September, an increase of 3.7 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. Limestone cargos also bettered the month’s five-year average by 8 percent…

CNOOC to Expand Jiangsu Binhai LNG Project

Oct 08, 2018

China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC.CNOOC will lift the storage tank facility of each of the four…

Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019

Oct 08, 2018

German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it…

Baltic Index Dips on Weakened Capesize Rates

Oct 08, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell on Monday, hurt by weaker demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

BW LPG: Proposal to Combine with Dorian Withdrawn

Oct 08, 2018

BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd. (Dorian). BW LPG will also withdraw the candidates it previously intended to nominate to stand for election to the Dorian board at Dorian’s 2018 Annual Meeting of Shareholders…

US Delays New VGP Requirements Until March 2019

Oct 07, 2018

While waiting for the new Vessel General Permit (VGP) to be finalized, operators must file a Notice of Intent with the U.S. Environmental Protection Agency (EPA) prior to December 18, 2018 in order for vessels to continue to operate under their current VGP also after this date…

APM Terminals Starts Direct Rail Connection with Venlo

Oct 07, 2018

APM Terminals Maasvlakte II has set up a new rail shuttle to the Cabooter Terminal in Venlo. Under the new schedule, a total of three trains will be loading and unloading at this terminal every week.The trains will carry both import and export cargo…

PSA Bharat Mumbai Container Terminals Achieves Record Vessel Productivity

Oct 07, 2018

PSA’s Bharat Mumbai Container Terminals (BMCT) has achieved a new vessel productivity benchmark of 155 moves per hour on COSCO Shipping Lines Co Ltd’s vessel M.V. Xin Hong Kong, which departed BMCT on 30 September 2018.Together with sister vessels from service partners CMA-CGM and Hapag-Lloyd…

Belships to Merge with Lighthouse Group

Oct 05, 2018

Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries of Kontrari (the Lighthouse Companies) and one or more subsidiaries of Belships with consideration in Belships shares…

Wärtsilä to Supply Marine Simulators in Southampton

Oct 05, 2018

Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England.Scheduled to complete in spring 2019…

America’s First Modern Riverboat to Sail from New Orleans

Oct 05, 2018

The first contemporary riverboat in the U.S. is set to depart from the Port of New Orleans on October 6 for its inaugural cruise on the Mississippi River.The new vessel, American Song, is the flagship in a series of contemporary riverboats by operator American Cruise Lines…

Damen Takes Second in Maritime & Aviation Sector in MT500 Rankings

Oct 04, 2018

Damen Shipyards Group has achieved second place in the maritime & aviation sector in this year’s MT500 rankings of the top 500 companies and institutions in the Netherlands. It also came twentieth out of 500 in the overall ranking, its best ever result…

Drewry Downgrades Forecast for Container Demand

Oct 04, 2018

A gloomier world economic outlook and rising trade tensions have forced Drewry to downgrade its forecast for container demand over the next five years, according to the global shipping consultancy’s latest edition of the Container Forecaster…

Decarbonization: 34 Maritime CEOs Call for Action

Oct 04, 2018

A who’s who list of maritime industry executives have signed on to voice their support for a zero-carbon future in shipping.The not-for-profit foundation the Global Maritime Forum brought together a group of 34 CEOs and industry leaders from…

Asia Maritime Pacific Merges with Fenwick Shipping Services

Oct 04, 2018

Asia Maritime Pacific and Fenwick Shipping Services announced Thursday that the two companies have merged their operations.Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry bulk vessels operating worldwide…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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