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Panama Canal’s New Tolls Structure Approved

Aug 08, 2017

Modifications to the Panama Canal tolls structure have been approved by the Cabinet Council of the Republic of Panama. After a thorough analysis of the current utilization and productivity of the Neopanamax Locks, and after meetings with Panama Canal executives…

ZEABORN Buys Five Heavy-lift Cargo Ships

Aug 08, 2017

On July 31, 2017, the ZEABORN Group signed the contracts for the purchase of five 30,000dwt Superflex Heavy Lift vessels, all of which are sister ships of the previously acquired Rickmers Hamburg, and are employed in the Rickmers-Line liner service acquired by ZEABORN in April…

Port Manatee Sets Container Volume Record

Aug 08, 2017

Port Manatee’s container volume for the first 10 months of its current fiscal year has already reached a full-year record.During the 10-month period from Oct. 1, 2016, through July 31, 2017, Port Manatee saw moves of 32,907 twenty-foot-equivalent…

Brom Named CEO at Alphatron Marine

Aug 08, 2017

Bart Brom will take over as the next CEO of Alphatron Marine Group in Rotterdam, succeeding the company’s co-founder Luuk Vroombout at the start of 2018.After completing his studies in electrical engineering, Brom served in various management…

New Floating Dock Heads to Klaipeda

Aug 08, 2017

The world's largest heavy transport vessel Dockwise Vanguard is transporting a new floating dock from Montenegro to Lithuania. The floating dock was acquired in June 2016 and began its journey to Klaipeda, where it will be installed at the Western Shipyard owned by BLRT Grupp…

Baltic Index Hits Over Three-month High

Aug 08, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level in more than three months on Tuesday, supported by firmer rates for larger vessels.The overall index, which factors in rates for capesize…

Egypt Aims to Reverse Bans on Agricultural Exports

Aug 08, 2017

Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries…

Hapag-Lloyd Doubles Reefer Cargo Share in Turkey

Aug 08, 2017

Following the merger between container carriers Hapag-Lloyd and UASC, Hapag-Lloyd Turkey has grown to now carry almost 500,000 TEU per year. One area in particular that is poised for growth is refrigerated cargo segment. After the integration of UASC…

Navios Maritime Completes Acquisition of 14 Container Vessels

Aug 07, 2017

The Marshall Islands-based shipping company Navios Maritime Containers has closed the acquisition of the remaining four container vessels and as a result has completed the acquisition of the entire 14 container vessels fleet. Navios Containers…

Kamji Marine joins Green Award Scheme

Aug 07, 2017

Green Award Foundation has announced that their network of incentive providers has extended to China. Kamji Marine Agency Ltd entered the Green Award scheme. Kamji Marine Agency headquarted in Zhoushan with branch offices in Europe. The…

Intermarine’s Grikitis to Receive AOTOS Award

Aug 07, 2017

Project, breakbulk and heavylift cargo transport company Intermarine, LLC announced that its President & CEO, Andre Grikitis, will be awarded with the Admiral of the Ocean Sea by the United Seaman’s Service (USS) at the organization’s 48th annual gala at the Sheraton New York Times Square Hotel…

Workers at Jakarta Port Ends Strike Early

Aug 07, 2017

Workers at one of the operators of Indonesia's busiest ports ended their strike on Monday, sooner than planned, out of consideration for the 'national interests', the chairman of the labour union said. More than 600 workers of PT Jakarta…

NYC’s New Ferries Move a Million Passengers in 86 Days

Aug 07, 2017

In operation for just three months, New York City’s new ferry service has already moved more than a million passengers.  The new ferry service, NYC Ferry, commenced in May, serving Manhattan, Queens and Brooklyn, with a Bronx connection scheduled for next year…

The Importance of the BA Control Board During Firefighting Exercises

Aug 07, 2017

George Devereese, Senior Loss Prevention Executive at UK P&I Club, discusses how this important piece of apparatus is often overlooked and why it is important to have realistic fire training drills. With only five fires aboard U.K. flagged vessels over 100 GT in 2015…

KPI Bridge Oil Hires Lim

Aug 07, 2017

KPI Bridge Oil, a global trader and broker in marine fuels and lubricants, physical supply and specialist in marine risk management products, has announced the appointment of bunker and lubricant trader Brenda Lim at its Singapore office.Lim has more than six years’ experience in the industry…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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Chinese exporters are preparing to move goods to the US as soon as trade talks start.
Sources say that the US Virgin Islands is considering a new registry for ships.
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