Jawaharlal Nehru Port Trust (JNPT), handled 3.9 lakh TEUs in the month of November 2017, while recording a growth of 5.76% in container handling for the period Apr-Nov2017 as compared to same period last year. Of the four terminals at JNPT…
Major ports in India have recorded a growth of 3.46% and together handled 439.66 Million Tonnes of cargo during the period April to November, 2017 as against 424.96 Million Tonnes handled during the corresponding period of previous year. For the period from April- November 2017…
Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with EGPN Bulk Carrier, Hong Kong, for one of its Capesize dry bulk vessels, M/V Boston. The gross charter rate is $17,000 per day, minus a 5 percent commission paid to third parties…
India government-owned V O Chidambaranar Port Trust (VOCPT) in Chennai created a new record for single day handling of cargo yesterday, when it handled 36,526 Metric Tonnes of thermal coal at the berth NCB-I from the vessel MV. Asian Champion…
The U.S. Coast Guard said it is investigating how a containership broke free from its mooring in Boston on Wednesday morning. The Coast Guard, along with Massport Fire Department, Boston Police Department, Massachusetts State Police and port tugs responded to 1…
Climate change and the associated warming of the Arctic seas has opened up the Northern Sea Route as a possible alternative to more southerly trading routes between Europe and Asia Pacific, but it presents unique challenges to any ship using it…
Frequent weather delays hampered the iron ore trade on the Great Lakes in November, according to the Lake Carriers’ Association (LCA), who said shipments totaled 5.7 million tons, an increase of just 60,000 tons compared to a year ago. Loadings…
Chinese exports to Cuba have plunged this year in the latest sign of a worsening in the Communist-run island's financial situation, which began in 2015 with the economic crisis in its top trading partner Venezuela. Chinese exports to Cuba slumped 29…
Crowley Maritime Corporation announced it has restructured its business units as the company aims to increase its focus on government-related business and better align vessel operations and fuel distribution services.Over the coming months…
Mitsui O.S.K .Lines (MOL) announced that it held a signing ceremony for a five year bauxite transport contract with Alufer Mining .The contract was signed by Toshiaki Tanaka, MOL's Head of Dry Cargo, and Bernard Pryor at MOL's offices in Tokyo…
South Korea's Hyundai Merchant Marine (HMM) tops highest on-time global performance in October, second time after its first rank in August the company announced. Danish shipping consultancy SeaIntel’s Global Liner Performance Report - calculated for US Europe…
BIMCO and FONASBA have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services. The new standard contract, which can be downloaded from the FONASBA website and BIMCO’s IDEA…
U.S. liquefied natural gas (LNG) producer Cheniere Energy has expanded its shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth as spot prices hit three-year highs, market sources said.Cheniere's…
A recent study released by the South Carolina Council on Competitiveness (Council) authored by Dr. Joseph Von Nessen, finds that there are more than 600 logistics companies operating in the state of South Carolina, from transportation, to air freight providers…
MacGregor, part of Cargotec, has received orders to optimise the container carrying capabilities of 31 Mediterranean Shipping Company (MSC) vessels from six different ship series. The work is designed to optimise ships' cargo system productivity and earning potential…
