The Federal Government of Nigeria is set to automate all shipping related administrative processes in order to reduce subjectivity and corruption, thereby promoting transparency in the Nigerian maritime industry. This was the consensus reached…
The United Arab Emirates (UAE) condemned Djibouti’s cancellation of DP World’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement, said a report in Bloomberg. Media reports yesterday…
CMA CGM, a world leader in maritime transport, is to take a long-term lease and invest in a build-to-suit, multi-temperature warehouse facility at DP World London Gateway Logistics Park. The CMA CGM Group will occupy, through its international…
In the autumn of 2017, Nordic American Tankers (NAT) advised you of our time charter activities/contracts with oil companies such as Shell, BP, ExxonMobil and other major oil companies in the West and in the East. The contract with ExxonMobil…
Mediterranean Shipping Company (MSC) has launched in Le Havre its first RO-RO service now connecting HAROPA to West Africa twice a month. The new service confirms the assets of HAROPA, the leading French port system constituted by the ports of Le Havre…
South Korea's Hyundai Merchant Marine (HMM) said that its handling volume of US Premium Service reached over 10,000 TEU as of the end of January. Since May last year, HMM has provided US Premium Service in PS1, PS2, and PN2 routes connecting…
The Baltic Exchange's main sea freight index gained nearly 2 percent on Thursday to hit an over three-week high, buoyed by an improvement in activity across vessel segments. The overall index, which factors in rates for capesize, panamax…
Container carrier Hamburg Süd said it has taken delivery of more than 8,000 new 40-foot high cube standard containers. The new batch of boxes is part of a larger container order by Maersk Line and has now been delivered by the container factory of Maersk Container Industry (MCI) in Dongguan…
A heavy-lift ship carrying four of the U.S. West Coast’s largest container cranes is scheduled to travel through Puget Sound on February 23. Puget Sound Pilots are scheduled to board the Zhen Hua 28, a 761-foot-long heavy-lift ship, early…
Project, breakbulk and heavylift cargo transporter Intermarine, LLC said it has been certified in full compliance with the International Cyanide Management Code (Cyanide Code) by The International Cyanide Management Institute (ICMI). Following an extensive audit process…
The Baltic Exchange's main sea freight index climbed 2.6 percent on Wednesday to mark a three-week high, boosted by an increase in activity across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
The opening of the 2018 navigation season is scheduled to take place on the following dates and times: • Welland Canal: March 29, 2018 - 0800 hours (D.S.T.) • Montreal / Lake Ontario Section: March 29, 2018 - 0800 hours (D.S.T…
For 2018, the world containership fleet is expected to grow in step with global demand, according to BIMCO’s latest container shipping market outlook. DemandHaving experienced falling freight rates from August to year-end in 2017, most…
The Inland Waterways Authority of India (IWAI) has engaged consultant KPMG to study and devise a framework for operationalization and maintenance of the assets being built on NW-1 under the World Bank funded national waterways development project Jal Marg Vikas Project (JMVP)…
Global Ship Lease, a containership charter owner, today announced that it has agreed to an extension of its charter with OOCL for the OOCL Qingdao, a 2004-built, 8,063 TEU containership. The extension commences in direct continuation of the current charter with effect from March 11…
