Kalmar, part of Cargotec, has signed a Kalmar Care service agreement with Suomen Satamatekniikka, a subsidiary of Steveco, covering the maintenance and service of 16 Kalmar straddle carriers at the Port of Helsinki, Finland. The order…
The Baltic Exchange's main sea freight index fell to over three-week low due to sagging demand for larger capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 7 points…
Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator said…
Container shipping group CMA CGM said it expects a rebound in the industry to continue this year on the back of brisk economic growth, playing down the immediate impact of geopolitical tensions. French-based CMA CGM, one of the world's biggest container lines…
Port Manatee holds promise as a trade gateway for German companies, according to Germany’s Miami-based consul general, who visited the Florida Gulf Coast port Thursday [March 15].“Port Manatee is an important part of Florida infrastructure…
The United States has set conditions for scrapping its planned punitive tariffs on steel and aluminum imports from Europe, German magazine Der Spiegel reported, including capping U.S.-bound exports of the metals at 2017 levels. The European…
Importers are buying U.S. corn at the fastest pace since the mid-1990s, according to U.S. government data, as tightening stocks in Latin America prompt a rush to purchase cargoes of the grain from animal feeders worldwide. A deepening drought in Argentina and limited corn supplies in Brazil…
The Panama Canal signed a Memorandum of Understanding (MOU) in Cuiabá, Brazil that will promote the Panama Canal's position as a route for grain shipments traveling from northern Brazil to ports accessed in the Pacific Ocean. The agreement…
The Government of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme. Sagarmala is the flagship programme of…
The chemical tankers market is projected to grow from USD 26.63 billion in 2017 to USD 33.11 billion by 2022, at a CAGR of 4.5% between 2017 and 2022, said a research report. The flourishing chemical industry and increasing use of water…
Indonesia has impounded more than 200 tonnes of garlic imported from China, warning that a microscopic worm infestation found in the shipment could put at risk plans by the Southeast Asian country to boost its own garlic crop. Since coming to power in 2014…
DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1…
Trelleborg’s marine systems operation has supplied its SmartPort technology to SOHAR Port and Freezone, in Oman. Previously, Trelleborg had supplied the port with Quick Release Hooks (QRHs), Docking Aid Systems (DAS), fenders and SafePilot Portable Pilot Units (PPUs)…
GEODIS, one of the world’s biggest transport and logistics operators, has chosen Portrix Logistic Software (PLS) as a partner for generating transportation quotes to its customers online. PLS is integrating its WebQuote solution, an extension of its leading Global Price Management (GPM) software…
The Port of Oakland released a new 5-year strategic plan today that pairs business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the Port grows. According to the strategic plan…
