Rio Tinto on Friday posted a 3% drop in iron ore shipments in 2019 as the Anglo-Australian miner's operations faced disruptions due to cyclone and a fire at a port facility.Iron ore shipped from Australia's Pilbara region in 2019 was 327.4 million tonnes…
The executive overseeing the busiest U.S. gateway for ocean trade with China on Thursday said the 'weaponization of tariffs' to advance U.S. policy interests may now be the 'new normal.'The comments from Port of Los Angeles Executive Director Gene Seroka came just a day after U…
Seaborne coal trade around the world grew 0.7% last year, helped by higher output in China and Indonesia and more export activity by Indonesia, Australia, Russia and Canada, Germany's VDKI coal importers lobby said on Friday.Imports and exports…
The final quarter of 2019 marked a massive decline of high-sulphur fuel oil (HSFO) sales, as the industry transitioned into compliance of the International Maritime Organization's (IMO) 2020 Sulphur Cap (IMO 2020). In Singapore, the world’s largest bunkering hub…
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered the bulk carrier FJ Viola, with a capacity of 61,000 DWT, for F.J.Lines Inc. at the Dalian Cosco KHI Ship Engineering Co., Ltd. (DACKS).DACKS is located in Dalian City, China…
The Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe Bulkers has sold and leased back eight ships to refinance $105.2m in loans coming due in 2023 and 2025.The New York-listed bulker owner said that it will receive $158…
Japan's Kawasaki Heavy Industries (KHI) has delivered the Phoenix Gaia, an 82,200 m3 capacity liquefied petroleum gas (LPG) carrier, for Phoenix Tankers Pte. Ltd.According to a press note from the shipbuilder, Phoenix Gaia is the 60th LPG carrier…
Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.According a press release from the global shipping…
The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance…
Kalmar, a provider of cargo-handling solutions and services to ports and terminals, and Italy's Medcenter Container Terminal (MCT), are celebrating the delivery of the terminal's 200th straddle carrier.Both companies participated in a joint…
Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal…
French trade unions blocked ports and disrupted power production on Thursday, searching for a way to force President Emmanuel Macron to ditch a planned pension overhaul as the impact of transport strikes weakens.Ferry services to Britain suffered…
Having provided logistics solutions to Italian clients for many years, and looking to develop this business further, Blue Water Shipping has established an office in Milan.The new office will initially focus on serving clients in the oil and gas…
Maersk's towage operator arm Svitzer announced on Thursday it has appointed Arjen Van Dijk as its new Regional Managing Director (MD) for the Americas region, effective February 1, 2020.Van Dijk is taking over from Marc Niederer, who has decided…
Japanese shipping company Mitsui O.S.K. Lines (MOL) has begun operation of a new data platform called ‘Lighthouse’, to provide real time transport information to dry bulk shipping customers and stakeholders.The platform is a service that allows those involved in the transport process…
