The Baltic Exchange's main sea freight index inched lower on Monday, ending a five-day winning streak, as rates for panamax and smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities…
Bharat Mumbai Container Terminals Private Limited (BMCT) said it received its first container arriving by road during a gate opening ceremony officiated by Vivek Johri (IRS), Chief Commissioner Customs, Jawaharlal Nehru Customs House. The container will be loaded on CMA-CGM’s vessel Centaurus…
Jinzhou Port Co Ltd : Sees FY 2017 net profit to increase by 145 percent to 165 percent Says FY 2016 net profit was 55.5 million yuan Says enhanced profitability, and received subsidies as main reasons for the forecast
Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, has named Alejandro Pla as Country Manager – Mexico. He will be based in Mexico, City. Pla has more than 24 years of experience in a variety of roles in shipping and logistics…
Capital Ship Management Corp. and Liberty One have announced the establishment of a joint venture under the name Capital Liberty Invest, taking aim at the German shipping market. The new entity will combine the forces, excellent track record…
U.S. ocean carrier TOTE said its plans to enter the domestic Hawaiian trade have been derailed by the scope and timing of infrastructure upgrades that would be required to accommodate the new service.TOTE had been earmarked access to Honolulu…
Providing vehicles and equipment across the broad global spectrum of consumer automobiles to commercial trucks and on to the waterfront, Toyota has ‘been there and done that.’ Growth in the size of containerships is driving investment across the maritime…
A unit of China's State Oceanic Administration (SOA) on Friday issued a blue alert for sea ice in a key port area in the north of the country, potentially disrupting commodities shipments, as temperatures in the region plummet. Sea ice in the Liaodong Bay…
South Korea's Hyundai Merchant Marine (HMM) announced that it started its first ‘Ultra-Freezer’ service from Busan, Korea to Barcelona, Spain, based on its rich experience in the high-tech reefer container service. Ultra-freezer service refers to transportation of goods in – 60ºC…
Reefer trades have something of a reputation for volatility both in terms of volumes and freight rates, yet Drewry’s Global Reefer Freight Rate Index has recorded only increases over the last 12 months, even during off-peak seasons. “The recent wave of carrier consolidation…
The Port Authority of Strasbourg (PAS) in France and port operator HAROPA of the Port of Le Havre have inked an agreement regarding four areas of cooperation – in rail, river and sea, innovation, and promotional capabilities, PAS said. 'In the presence of Catherine Trautmann…
The Port of Hamilton said it continues to expand its role as a transportation hub for Ontario’s agri-food sector. In 2017, the port handled its highest-ever total of agricultural products. Close to 2.3 million metric tons (MT) of commodities such as Ontario-grown corn…
Connecticut’s largest and most diverse deepwater port complex, the Port of New Haven, moved more than 10 million tons in 2016, ranking the port 53rd in the U.S. in terms of cargo volume. Considered the busiest port between New York and Boston…
The U.S. Coast Guard Captain of the Port of Sector Lake Michigan will close the waters of southern Green Bay Saturday at noon, local, to all navigational traffic for the season.Southern Green Bay is defined as a line extended south from Peshtigo Point to Sherwood Point in the bay of Green Bay.
Inland Waterways Authority of India (IWAI) will construct Intermodal Terminal at Uttar Pradesh's Ghazipur and will be linked to both National Waterways-I (NW-1) or river Ganga and National Highway-19 - connecting Ghazipur to Patna - and help in movement of cargo…
