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…
International law firm Watson Farley & Williams (WFW) advised three leading Italian shipowners -Rimorchiatori Mediterranei, Gesmar and Fratelli Neri – on their partnership agreement with Thessaloniki-based Greek maritime operator Gigilinis Shipping Group…
NORDEN has opened a new office in Vancouver, Canada, as the Danish ship owner seeks to expand its global reach and local presence on the North American West Coast. “The new and increased presence on the West Coast will strengthen NORDEN’s…
Jamaica has reestablished its position at the heart of international maritime rule-making following its election to the International Maritime Organization's (IMO) Council. The nation was elected as a Category C Council member on December 1…
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) for one of its Post-Panamax container vessels, the m/v Hamburg. The global shipping…
South Korean shipper Pan Ocean has won a 1.98 trillion won ($1.82 billion) contract to transport iron ore over a period of 27 years for Brazilian mining giant Vale, Reuters reported. The South Korea company said in a regulatory filing that…
China's Cosco Shipping Ports (CSP) is launching a new berth at its joint venture container terminal - Cosco PSA Terminal (CPT) - with PSA Corporation in Singapore. The two parties inked a memorandum of understanding on Thursday for the berth…
