Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday.The $285 million Port Muhammad Bin Qasim…
The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel.Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of 136 containers per ship hour…
Steve Dawson and Alex Karakassis have been appointed Managing Directors of HANSA HEAVY LIFT GmbH, taking over from outgoing Chief Executive Officer (CEO) Roger Iliffe, with immediate effect. Dawson will oversee HANSA HEAVY LIFT’s engineering…
Evergreen Marine Corp, which has been battered by falling freight rates due to a prolonged supply glut, may swing into profit this year as market conditions improve in the global shipping industry, reports Taipei Times. The paper quoted…
Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries and swing tankers flooding the market. As a result, freight rates on long-haul routes will continue to be challenged by surplus large vessels over the next two years…
The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced.The winners will be revealed at a prestigious black tie dinner that will have a Ministerial presence and promises to bring together the best of the maritime industry right across the Maritime…
Greencarrier Freight Services is establishing a new office in the beautiful Norwegian Arctic. This comes at the heels of a new contract they secured for providing the oil and gas company ENI Norge with transport solutions and port logistics…
Caterpillar Inc. announced today it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s…
Though the challenging market conditions in the container shipping industry continued to add pressure to Japan’s major shipping companies, turnaround seen as write-downs set to fizzle out, earnings forecasts upgraded, reports Nikkei. Nippon…
As widely expected, the opening of the new, expanded locks at the Panama Canal in June 2016 has considerably impacted the ‘old Panamax’ containership sector, says a report by Clarkson Research Services. The displacement of these narrow beam vessels…
OL International Holdings LLC (OL International) has promoted Carrie Murphy to Chief Commercial Officer of OL USA (formerly TTS Worldwide). Murphy joined TTS Worldwide in 2012, playing a key part in the growth of the company and its rebranding as OL USA…
ICHCA International, the global cargo handling NGO, will co-host a seminar, “Safety in the Intermodal Supply Chain: Promoting the IMO/ILO/UNECE Code of Practice for the Safe Packing of Cargo Transport Units” in Brussels, February 27, as part of European Shipping Week…
Broward County's Port Everglades will move forward with a public-private partnership with the Port Everglades International Logistics Center, LLC (PE-ILC) for the design, construction, financing, operation and maintenance of a new logistics center at the Port…
2017 will be a tough year for LNG shipowners as rates are expected to remain under pressure, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. This year has started on a positive…
Shipping group CMA CGM has announced the new service offer TURAF EXPRESS which directly links Turkey, Tunisia and Libya via Malta. It is the first CMA CGM line to offer a direct connection between Northern Turkey (Istanbul, Gemlik and Aliaga)…
