While inclusion with the International Association of Top Professionals is an honor in itself, only a few members in each discipline are chosen for this distinction. These special honorees are distinguished based on their professional accomplishments…
Global Bulk Terminals market is expected to grow from $5.20 billion in 2016 to reach $7.41 billion by 2023 with a CAGR of 5.1%, said Forecast Research Study. Rising demand from industrial output, increasing usage of bulk commodities and…
Pasha Automotive Services to process FCA US imports via Lázaro Cárdenas to Port of Grays Harbor, Wash. Pasha Automotive Services said it will provide a new volume of port-processing services at its Port of Grays Harbor facility in Washington for FCA US LLC…
Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…
Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…
Brazil's Petroleo Brasileiro SA has been authorized to export idle liquefied natural gas (LNG) in the spot market, according to the Wednesday issue of the official gazette.According to the text, Petrobras has been given the green light to export up to 6…
Were China's commodity imports in July a continuation of the trend of robust growth, a pause from the recent strength, or early signs of a slowdown? When numbers aren't unequivocally pointing in the same direction it often becomes possible to interpret them in different ways…
A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk, said Wednesday it has launched a new fund that will invest in infrastructure in Africa. The fund, which was launched with pension funds PKA, PensionDanmark and Medical Doctors' Pension Fund…
Manila-based global container terminal operator International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2017 posting revenue from port operations of US$603.7 million, an increase of 10 percent over the US$550…
On July 31, 2017, the ZEABORN Group signed the contracts for the purchase of five 30,000dwt Superflex Heavy Lift vessels, all of which are sister ships of the previously acquired Rickmers Hamburg, and are employed in the Rickmers-Line liner service acquired by ZEABORN in April…
Port Manatee’s container volume for the first 10 months of its current fiscal year has already reached a full-year record.During the 10-month period from Oct. 1, 2016, through July 31, 2017, Port Manatee saw moves of 32,907 twenty-foot-equivalent…
The world's largest heavy transport vessel Dockwise Vanguard is transporting a new floating dock from Montenegro to Lithuania. The floating dock was acquired in June 2016 and began its journey to Klaipeda, where it will be installed at the Western Shipyard owned by BLRT Grupp…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level in more than three months on Tuesday, supported by firmer rates for larger vessels.The overall index, which factors in rates for capesize…
Following the merger between container carriers Hapag-Lloyd and UASC, Hapag-Lloyd Turkey has grown to now carry almost 500,000 TEU per year. One area in particular that is poised for growth is refrigerated cargo segment. After the integration of UASC…
The Marshall Islands-based shipping company Navios Maritime Containers has closed the acquisition of the remaining four container vessels and as a result has completed the acquisition of the entire 14 container vessels fleet. Navios Containers…
