The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…
The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review…
Norwegian-headquartered ballast water treatment (BWT) specialist Optimarin said it has become the first manufacturer to offer a five-year parts and servicing guarantee. It’s a move that, according to CEO Tore Andersen, has the potential to redefine…
Kenya's main port, Mombasa, handled 10.6 percent more cargo in the first nine months of this year, helped by an expansion of its handling capacity and a new railway system, the port’s management said on Monday. Activity in east Africa's…
UAE-based Tomini Shipping has increased its fleet size further with an order for three Kamsarmaxes. The 82,000 DWT ships are being built by Taizhou Kouan Shipbuilding Co, a successful private shipyard in China with over 40 years of shipbuilding experience…
Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan, Vice Chairman of Bahri, who possesses extensive experience in oil and gas…
The American Maritime Partnership – the voice of the domestic maritime industry – today issued the following statement to set the record straight on the importance of American maritime for Puerto Rico recovery and the capacity and capability…
The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U…
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.” This was the key message that echoed across the panel of speakers at Thursday, November 16, 2017, IMMEDIASEA Shipping Debate Forum in London…
Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East. The contract contributed approximately 1,283,000 USD in the revenues of the Company…
The Minister of Shipping in India, Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin, after laying the foundation stone for a INR 970-crore (USD 148 million) International Ship Repair Facility (ISRF) for Cochin Shipyard Limited…
INTTRA, the electronic transaction platform, software and information provider, announced two new cloud-based products and enhancements. The first is a new Container Forecasting and Allocation Solutions Tool (C-FAST) for Freight Forwarders and…
Transnet National Ports Authority (TNPA) launched its penultimate tug as part of its R1.4 billion, nine-tug construction contract, at Southern African Shipyards. UMKHOMAZI, meaning “place of cow whales” in isiZulu, will serve at the Port of Durban…
Crowley Maritime is transporting the initial batch of what will total 32,000 utility poles from the U.S. mainland to Puerto Rico to help restore the island’s power grid in the aftermath of Hurricane Maria. The weekly shipments will consist of 35-…
Carnival Cruise Line will expand capacity on its short cruise offerings from the Port of New Orleans beginning in 2019. Carnival Valor will shift to New Orleans for year-round four- and five-day cruises from the Big Easy beginning in May 2019…
