APM Terminals Poti and Poti New Terminals Consortium signed a Memorandum of Understanding (MOU) for a USD 100 million dollar investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new…
Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception. Developed…
China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading Pyongyang to abandon its ballistic missile and nuclear weapons programs…
Bryceon Sumner has joined Foss Maritime as chief financial officer, hired to oversee all aspects of the organization's financial function and performance.Sumner brings to the role years of experience gained at a number of organizations ranging from education technology and real estate…
Mitsui & Co., Ltd. and Weathernews Inc. have joined forces to create a new digital marketplace for the maritime industry, called maruFreight. maruFreight operations will benefit from the financial support and expertise of Mitsui, one of the largest trading and investment companies in the world…
The German port handling company EPAS recently received two new Liebherr mobile harbor cranes type LHM 420. Both cranes together can handle up to 248 tonnes in tandem lift operation. The two devices will further improve the logistic process at the Nordkai terminal in Emden…
The first group of three, of a total of 12 advanced remotecontrolled ship-to-shore (STS) cranes, has departed China for delivery on February 15 to the new APM Terminals MedPort Tangier, Morocco terminal. Manufactured by ZPMC in Shanghai…
Year-over-year total cargo tonnage at Port Saint John, Eastern Canada’s largest port by volume, increased by over 4 million metric tonnes in 2017. Overall cargo tonnage handled for the year 2017 was 30,458,422 metric tonnes, a 15% increase over 2016…
Contargo AG has launched a new rail shuttle service to the German town of Weil am Rhein on the Swiss border. This creates a direct connection between the port of Rotterdam and the important industrial areas around Basel. Three times a week…
The Container Handing Volume by the Republic of Korea's Port of Incheon surpassed 3 million TEU that it has processed over 1 year. 3 million TEU refers to 300 million container volume of 6.1m container box (Twenty-foot Equivalent Unit) and if the containers are connected in a line…
Digital transactions for the ocean shipping industry have arrived. Are you part of it yet? It may well be true that INTTRA is today the largest neutral electronic transaction platform, software and information provider for the ocean shipping industry…
Swedish tanker owner Concordia Maritime has chartered in two more MR (ECO) vessels, while also extending the contracts for two of the currently chartered MR (ECO) vessels by a further year. A contract to charter out the P-MAX tanker Stena Performance has also been signed…
Chabahar Port was very important for both India and Iran, and offered a win-win situation to both countries, Indian Minister of Shipping Nitin Gadkari said. A government press release said that Gadkari held bilateral talks with Dr Abbas Akhoundi…
Giant iron ore port may close as Australian storm builds. Vessels may be cleared from Australia's Port Hedland, the world's biggest iron ore export terminal, as early as Thursday as a safety precaution because of a tropical storm, port manager Pilbara Ports Authority said on Wednesday…
Taiwan's global shipping company Wan Hai Lines has announced the launch of China – India Service III “CI3 service” on 23 January 2018. This new service will help to expand Wan Hai Lines network by providing direct service from East China to East India…
