U.S. retail imports are beginning to settle down following a year of fluctuations driven by the uncertainty of the trade war with China, industry experts say.Volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020…
Kalmar, the provider of cargo-handling solutions and services to ports and terminals, has concluded a comprehensive software maintenance and support agreement with Australian terminal operator Patrick Terminals.The agreement, which covers the…
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.The naming ceremony for the LNG Merak carrier was held on Wednesday, January 8, at Hudong-Zhonghua Shipbuilding yard…
The Hamburg Port Authority (HPA) has ordered two more fire-fighting vessels following the delivery of modern fireboat, the 'Branddirektor Westphal'.As with the previous order, both vessels will be fitted with Schottel thrusters – in this case…
HMS Prince of Wales, the second of the U.K.’s Queen Elizabeth Class aircraft carriers, has recently completed a successful sea trial in Scottish waters.The ships are the largest ever built for the Royal Navy and the carriers are powered by GE’s energy-efficient…
Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Ismene.According to a press note…
China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027…
Britannia P&I has established a new exclusive correspondent, B Americas P&I, to be based in New York.B Americas P&I will be headed by Michael Unger, a maritime lawyer with extensive litigation and arbitration experience.B Americas will enhance…
ClassNK released its “Guidelines for Automated/Autonomous Operation of ships ~Design development, Installation and Operation of Automated Operation Systems/Remote Operation Systems”.In the field of ships, research and development of technology…
Georgia has ended an investment agreement with an international consortium for one of the biggest projects in the former Soviet country, the construction of a major deep sea port on the Black Sea coast, its infrastructure minister said on Thursday…
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills…
Egypt on Thursday reopened two Mediterranean harbors that were shut this week due to bad weather.The ports of Alexandria and Dekheila were opened 'after wind speed, wave height and visibility reached levels that permit ships to enter and depart the ports…
LNGSTS, a unit of Teekay Tankers, has closed the year 2019 with a record number of 112 open water liquefied natural gas (LNG) ship-to-ship (STS) cargo transfers.From November 2018, until July 2019, LNGSTS was the technical and manpower service provider for the largest ever LNG ship-to-ship project…
Finnlines signed an order for two RoPax vessels with China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai.In 2018, Finnlines ordered three hybrid StoRo ultra large green vessels at Jinling Shipyard, which is also now part of China Merchants Group…
