The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates.The overall index, which factors in rates for capesize…
Qatar-based maritime transport and logistics conglomerate Milaha said it has launched a door-to-door shipping service between Qatar and UAE, and vice versa. Mainly targeting SMEs in the automotive spare parts, fashion retail, and the Fast-Moving Consumer Goods (FMCG) sectors…
Governor Nathan Deal, Port of Savannah officials and the maritime community were on hand to welcome the COSCO Development, the largest containership to ever call on the U.S. East Coast as it handled 5,500 containers, a record for Georgia’s ports…
Mitsubishi Nichiyu Forklift announced the integration of business operation with its consolidated subsidiary UniCarriers Corporation through a company split where Mitsubishi Nichiyu succeeds the businesses of UniCarriers except domestic sales…
Greece-based Tsakos Energy Navigation (TEN) said that its 15-vessel newbuilding program is nearing completion with the final three aframax tankers expected to be delivered in the coming months. In the second half of the year, with all…
The beginning of 2017 found both the drybulk and containership markets recovering from the historical low levels observed during 2016, says Euroseas Chairman. Aristides Pittas, Chairman and CEO of Euroseas said that the drybulk market improved…
Gulftainer, privately owned independent terminal operating and logistics company whose global divisions include GT USA in North America, has won an industry award for its Marine and Container Handling (MACH) Terminal Operating System (TOS)…
SUNY Maritime College and EEX Maritime Oy, of Finland, will be working together to encourage entrepreneurs and technological innovations in the maritime industry.The two recently signed a memorandum of agreement that will allow the two to promote collaboration between start-ups…
Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s…
MOL Triumph, the first of the world’s largest and newest vessels to call in the UK, arrives in Southampton on THE Alliance's FE2 service as new third deep-water berth opened at London Gateway in April, ahead of first regular Asia-Europe service starting…
April cargo volumes surged 8.9 percent at the Port of Los Angeles compared to the same month last year. It was the best April in the port’s 110-year history. For the first four months of 2017, cargo has increased 10 percent compared to 2016…
Abu Dhabi Ports the master developer, operator and manager of commercial and community ports in UAE, as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi and the Korean Chambers of Commerce and Industry, have hosted an investment forum for the Korean market…
Transporter of project, breakbulk and heavylift cargo Intermarine, LLC said it has expanded its Houston-based liner services from the Americas to the Mediterranean. The line will focus on service from the U.S. Gulf Coast/Americas to the Mediterranean…
Four years ao Montecon challenged Liebherr Maritime Cranes to design and built a pair of mobile harbor cranes, the world's largest, that would be able to reach up to 22 rows of containers, a feat of dockside logistics never seen before.The project was recently successfully completed…
Navios Maritime Partners, an international owner and operator of dry bulk and container vessels, announced on May 9 that it has agreed to acquire one 2011 South Korean-built Capesize vessel of 179,016 dwt for a purchase price of $31.05 million…
