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Iran Builds Mechanized Terminal in Shahid Rajaee Port

Sep 06, 2019

Iran is all set to build the country's largest mineral mechanized terminal collaborating with the private sector in Shahid Rajaee port.Mohammad Ali Hassanzadeh, Deputy Director of Ports and economic Affairs of Ports and Maritime Organization…

Sri Lanks Invest $190mln on ECT Terminal

Sep 06, 2019

Sri Lanks will invest a sum of US$ 190 million to installs gantry cairns and also add other infrastructure to the East Container Terminal, said Sagala Ratnayaka, the Minister of Ports, Shipping and Southern Development.He said Sri Lanka Port…

Dr. Ricaurte Takes Office as Panama Canal Administrator

Sep 06, 2019

Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31…

Euronav to Store Low-Sulfur Oil

Sep 05, 2019

The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans. In aggregate the purchase value of very low…

NYK Wins Seafarers Safety Award

Sep 05, 2019

Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has been recognized with the 2019 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for the company’s seafarer safety activities…

Navios Maritime Holdings Buys Vessels

Sep 05, 2019

The seaborne shipping and logistics company Navios Maritime Holdings took delivery of the Navios Herakles I, a newbuilt bareboat chartered-in Kamsarmax of 81,600 dwt.The dry bulk owner has also acquired from an unrelated third party, a previously chartered-in vessel…

Evergreen, CN Extend Intermodal Pact

Sep 05, 2019

Canadian National Railway (CN) and Taiwanese container transportation and shipping company Evergreen Line announced that their long-standing relationship of 27 years will continue with a new agreement extending their intermodal partnership.Evergreen…

Bollinger Announces Promotion

Sep 05, 2019

Bollinger Shipyards announces the promotion of Christian Pierce to Director of Engineering.Within this role, Pierce will lead the engineering department in all facets of engineering on both government and commercial programs and is responsible…

Tideworks, Liebherr, Enter Cooperation Agreement

Sep 05, 2019

The two companies to cooperate on offerings for the global supply chain.Tideworks Technology announced cooperation activity with Liebherr Container Cranes Ltd. (LCC).This is Tideworks’ first cooperation with an equipment manufacturer and demonstrates…

Baltic Index Snaps 10-day Winning Streak

Sep 05, 2019

The Baltic Exchange's main sea freight index fell on Thursday, breaking a 10-day winning streak, as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 19 points, or 0.8%, to 2…

GT USA's Canaveral Cargo Terminal Fully Operational

Sep 05, 2019

Port Canaveral’s only container terminal incurred no damage from hurricane.GT USA’s Canaveral Cargo Terminal (CCT) has been inspected and, having incurred no damage from Hurricane Dorian, has been cleared to resume terminal operations. CCT resumed normal operations as of 8:00 this morning…

RCL Executive to Keynote Cayman WISTA AGM

Sep 05, 2019

Cayman’s Women’s International Shipping & Trading Association – WISTA Cayman Islands – has announced that Captain Patrik Dahlgren, Senior Vice President, Global Marine Operations at Royal Caribbean Cruises, Ltd will be the keynote speaker for…

Polymer Pioneer Wins Sperry Award

Sep 05, 2019

Thordon Bearings’ founder and polymer materials pioneer George A. (Sandy) Thomson has been awarded the global transportation sector’s most distinguished accolade, the Elmer A. Sperry Award 2019 for “Advancing the Art of Transportation”.Thomson joins a long list of Sperry Award recipients…

Great Lakes Iron Ore Trade Up in July

Sep 05, 2019

Shipments of iron ore on the Great Lakes totaled 6.56 million tons in July, an increase of 1.5 percent compared to a year ago.  Shipments were also 9.8 percent ahead of the month’s 5-year average.Year-to-date the iron ore trade stands at 26…

IRClass Takes Over IACS Chairmanship

Sep 05, 2019

Arun Sharma, Executive Chairman of the Indian Register of Shipping (IRClass), has been formally introduced as the new Chairman of the International Association of Classification Societies (IACS) to a group of specially invited maritime journalists at a press conference in the capital…

Logistics News

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Green Tech: Rise of the [Hull Clening] Robots

Green Tech: Rise of the [Hull Clening] Robots

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

Tech Talk: Time to Rethink Watchkeeping

Tech Talk: Time to Rethink Watchkeeping

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Delta Air and Southwest Airlines raise checked baggage fees in response to rising jet fuel prices
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
As the Middle East conflict escalates, airlines cancel more flights