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B.C. Backs LNG Bunkering

Oct 28, 2019

The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering – facility on the west coast of North America.The use of LNG to power the world’s ocean-going vessels is forecast to expand and B…

POSH Terasea Liquidated After Default

Oct 28, 2019

PACC Offshore Services Holdings (POSH), an Asian operator of offshore support vessels, with a diversified fleet servicing offshore oil and gas E&P activities,  said its joint venture, POSH Terasea (PTPL) would be voluntarily liquidated by creditors…

Hamburg, India Sea Trade Up by 17%

Oct 28, 2019

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport…

Virgin Hyperloop to Add $4Bln to S. Arabia

Oct 27, 2019

Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer test and certification track will be built 100 kilometers north of the Red Sea port of Jeddah…

PTS to Manage Lake House Boxship Pair

Oct 27, 2019

Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1,300 TEU each and sail with an average crew of 15. The…

Exmar Reports Strong Earnings for VLCCs

Oct 27, 2019

Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019. The current trading fleet of Exmar in the VLGC segment is the 83…

OOCL Posts Higher Container Volumes

Oct 27, 2019

Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The COSCO-owned company said that the total volumes for the third quarter of 2019 (ended 30th September 2019) were 4…

Zeebrugge Port Deploy 5G Network

Oct 27, 2019

Port of Zeebrugge, Belgium, will have its own private 5G network this year, disclosed the container, bulk cargo, new vehicles and passenger ferry terminal port in the municipality of Bruges.The port’s management will collaborate with Citymesh…

PIRAEUS I Floating Dock Ready for Ops

Oct 25, 2019

Greece's Piraeus Port Authority (PPA) announced that the 'PIRAEUS I' floating dock is available again for ship repair works.'PIRAEUS I floating dock has been delivered for use and is operating again after scheduled maintenance works,' said an announcement from PPA…

Diana Shipping Appoints Semiramis Paliou

Oct 25, 2019

Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles…

Clean Marine, FMSI to Merge

Oct 25, 2019

Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning system (EGCS) segment.The combined entity, which will operate under the name Clean Marine…

Gulf Navigation Records 19% Revenue Growth

Oct 25, 2019

Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced a 19 per cent operating revenue growth by the end of Q3 of 2019, compared to the same period last year.The Dubai-based shipping company recorded…

Great Lakes Seaway Shipping Highlights Economic Impact

Oct 25, 2019

The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…

Massachusetts Maritime Academy Opens Wind Training Facility

Oct 25, 2019

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind…

BDO: Shipping Must Improve Risk Management

Oct 25, 2019

Sound enterprise and business risk management are making an improved contribution to commercial success in the shipping sector, according to the latest annual Shipping Risk Survey by leading shipping adviser and accountant BDO. But the industry…

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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