August container volumes at the Untied States’ busiest port climbed by 6.1 percent compared to August 2016 volumes. 847,857 Twenty-Foot Equivalent Units (TEUs) came through the Port of Los Angeles, marking the busiest August and the second-busiest month in the port’s 110-year history…
A new open-access liquefied petroleum gas (LPG) plant has been opened at the Port of Saldanha on the West Coast of South Africa and will aid in increasing LPG's use in the national energy mix. Transnet National Ports Authority (TNPA) awarded…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Wednesday as rates for capesize vessels fell.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
Rontransmar, a Romanian specialist transport company, currently has over 35 axle lines of the proven SCHEUERLE InterCombi in use. The latest assignment involved the transport of a 230 t transformer and demonstrated just how reliable the vehicles…
DryShips, a diversified owner of ocean going cargo vessels, announced today that, its second Very Large Gas Carrier commenced its time charter on a fixed rate with five years firm duration to an oil major. The charterer has options to extend the firm employment period by up to three years…
As of 12 noon today, the U.S. Coast Guard Captain of the Port (COTP) approved restricted commercial vessel transit through Port Canaveral to allow the port to support the arrival of critical fuel supplies destined for Florida consumers, and…
A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers. Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years…
Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. August’s loadings were also nearly 12 percent ahead of the month’s five-year average…
Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.Hoegh Autoliners specializes in transporting cars…
The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…
Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC)…
Global Ship Lease, Inc., a containership charter owner, has announced that it has signed time charter extensions with CMA CGM for two 2,207 TEU containerships, the 2002-built Julie Delmas and the 2003-built Delmas Keta. The vessels will…
Greek Prime Minister Alexis Tsipras urged French businesses on Friday to invest in Greece, as it emerges from its debt crisis, and assured them that they would not regret it. Tsipras said attracting investment was a priority for his leftist-led government…
The Port of Virginia tallied the most productive August in its history, moving 240,605 twenty-foot equivalent units (TEUs), a 2.2 percent increase when compared with the same month last year. “As construction progresses at VIG (Virginia…
Technological advancement for modernization of major ports and reforms for enhancing ease of doing business are driving and sustaining the growth trend line at India’s major ports. The country’s 12 major ports together handled 273.96 Million Tonnes of cargo between April to August…
