Kongsberg Norcontrol has signed a framework agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service.The agreement has a potential total value of up to NOK 250 million ($31 million) and a duration of up to eleven years…
The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States…
The Port of Los Angeles reports it processed 705,536 twenty-foot equivalent units (TEUs) in April, a dip of 1.3 percent compared to last April’s record of 714,755 TEUs.April 2018 imports dropped 2.9 percent to 361,108 TEUs compared to the previous year…
Cuba's new Mariel deepwater container terminal hopes to further its plan to become a regional shipping hub by completing dredging next year so it can receive mega-sized vessels, its general manager Charles Baker said on Thursday.The terminal in Mariel Bay…
A rare cargo of U.S. sorghum has arrived in Spain and will be followed by several more, shipping data showed, a sign that Spain's livestock industry is set to become one of the new homes for U.S. sorghum hit by Chinese anti-dumping tariffs.Exporters…
The National Maritime Transport Policy concept is being promoted by International Maritime Organization (IMO) as a good governance practice to guide planning, decision making and legislation in the maritime sector. It can also be a key driver for a country's sustainable development…
It's expected that imports at the United States’ major retail container ports will grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, according to the monthly Global Port Tracker report released today…
C.H. Robinson announced the launch of its trans-Eurasian rail freight service between China and Europe. The new service offering connects nine origin terminals in China with eight destination cities in Europe including Hamburg.“The new rail line complements our air and ocean offerings…
Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group)…
The major Indian ports collectively recorded a growth of 1.78 per cent during April, handling 56.81 million tonnes of cargo, said the Shipping Ministry. 'The major ports in India have recorded a growth of 1.78% and together handled 56.81…
New temperature- and humidity-controlled facility brings total capacity in Dubai to over 170,000 pallet positionsGAC Dubai has opened its newest contract logistics facility, in the Logistics District of Dubai South. The new facility adds to…
A new rail freight service for containers has left the Port of Liverpool for the first time, thanks to a partnership between Peel Ports and rail freight company DB Cargo.The new service provides shipping lines, forwarders, tank operators and…
Diana Containerships announces its Q1 revenue has more than doubled.Dry bulk shipper's shares jump 64 pct to $2.70, top advancer across U.S. exchanges in heavy premarket trade.DCIX trading with 20 pct of their free float volume in premarket…
With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to 100s of hours saved per day. The terminal’s latest digital solution also offers significant environmental benefits…
When two of the world’s top trading partners get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, BIMCO says we’d better prepare for what may come while hoping that it will never take place…
