The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in three-and-a-half years on Friday, boosted by strong capesize rates.The overall index, which factors in rates for capesize…
Honolulu-based Hawaii Stevedores, Inc. has received confirmation from Hawaii State Department of Transportation (HDOT) that, together with the state, Hawaii Stevedores will continue the joint development of the Kapalama Container Terminal (KCT)…
European shipowners have welcomed provisional application of the Comprehensive Economic Trade agreement between the EU and Canada (CETA). The CETA agreement will boost trade considerably between the EU and Canada. It will cut customs duties…
With the slogan “More EU budget for transport, the best investment plan for Europe” a coalition of thirty European transport organisations are launching today their campaign for a strong connecting Europe Facility for the next financial period 2021-2028…
The GAC Group has announced two key IT management appointments as the group aims to maximize the effectiveness of digital tools to serve and grow its global business. Chief Information Officer Martin Wallgren says GAC’s new digital platform focuses on market intelligence…
Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a sixth consecutive session, helped by stronger rates for capesize and smaller vessels.The overall index, which factors in rates for capesize…
CMA CGM, the world's third- largest container line, and CSSC Group have officially signed the contract for the construction of nine 22,000 TEU ships, the largest container vessels ordered to date.Representatives from CMA CGM, Hudong-Zhonghua Shipbuilding (Group)…
Crowley Maritime Corp. awarded four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships during last night’s Containerization and Intermodal Institute’s Connie Awards dinner in Long Beach, Calif. Crowley’s Victoria Ellis…
John Wolfe, CEO of The Northwest Seaport Alliance, received the 2017 Connie Award presented by the Containerization & Intermodal Institute in Long Beach, Calif., on Tuesday, September 19.Since the formation of the NWSA in August 2015, Wolfe…
Dominican Republic closed most of its ports ahead of Hurricane Maria, but the country's 34,000-barrel-per-day refinery was still running, the government said on Wednesday. Ports that suspended operations under the 'red alert' declared for extreme weather conditions are La Romana…
Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company (MSC) with a new order for container-handling equipment. The order, comprising five Kalmar reachstackers and two empty container handlers, was booked in Cargotec's 2017 third quarter intake…
The Thames Tideway Tunnel project, London’s new ‘super sewer’, which will upgrade the city’s 19th century sewerage system for today’s eight million plus inhabitants, requires excavation on an enormous scale. Creating a tunnel 25 kilometers in length…
Sweden’s Minister for EU Affairs and Trade to Seoul, Anne Linde, and a high level Swedish business delegation, including Seth Ryding, Head of APAC at Telenor Connexion, are invited as key partners for the Next generation transportation in Smart Cities summit in Seoul on September 20-21…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics, Seoul, for one of its Panamax dry bulk vessels…
Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club. Average contract rates on…
