International Container Terminal Services, Inc. (ICTSI) is selling its 30% stake in a company that operates the Motukea Port, Papua New Guinea.According to a stock exchange announcement, ICTSI South Pacific Ltd, a subsidiary of ICTSI, has entered into agreements with Noho-Mage Holdings Ltd…
Norwegian/Swedish shipping company Wallenius Wilhelmsen’s role in developing the pioneering Ship Recycling Transparency Initiative has been recognised with another award from the automotive sector, as efforts to improve vessel recycling practices step up a gear…
Stena Bulk chief executive and president Erik Hanell wrote to Indian prime minister Narendra Modi to personally enter the efforts to secure the release of UK-flagged tanker ship Stena Impero and its primarily Indian crew members, who have been detained in Iran since mid-July…
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa, following the arrival of the Elly Maersk.The Elly Maersk departed from Nansha for Rotterdam on 28 July…
The Port of Oakland, a container ship facility located in Oakland, California, in the San Francisco Bay, said that July was the busiest in the Port’s 92-year history for containerized import cargo. According to the Port, it handled the equivalent of 90…
The editors of Marine Technology Reporter are pleased to share that Wendy Schmidt, Schmidt Ocean Institute & Schmidt Marine Technology Partners, has taken the top spot in the 14th Annual 'MTR100'. The full print and electronic edition of Marine Technology Reporter will be available shortly…
The U.S. corn harvest will be bigger than previously forecast, the U.S. Agriculture Department said on Monday, as the government issued a surprise boost to its outlook despite concerns about a wet spring and dry summer.For the 2019/20 crop year…
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime…
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving…
July is Second Busiest Month in Port of Virginia’s History.The Port of Virginia in July processed 265,559 TEUs (twenty-foot equivalent units) in July, making it the second busiest month in the port’s history.The strong cargo performance was…
Volumes Increase 9.4% Compared to Previous Year.For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history…
The Baltic Exchange's main sea freight index rose on Monday, supported by strong demand across capesize and panamax vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 26 points, or 1.5%, to 1,774 points…
Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total…
Carnival Corporation announced the appointment of Peter C. Anderson to the newly created position of chief ethics and compliance officer. Based at the company’s headquarters in Miami, Anderson will be a member of the executive leadership team…
The biggest annual gathering of Poland’s maritime industry leaders, the Maritime Economy Forum Gdynia is unveiling its program.The day-long event, now in its 19th year, takes place on October 11 in Gdynia, featuring 30 speakers with 600 senior…
