MOL Liner Ltd. announces the November 2016 results of Regional Key Performance Indicators (KPI) in the Americas in the following categories: customer service, and electronic data interchange (EDI). The results are available on a monthly basis and posted in greater detail at www…
GAC has announced new management appointments at Group and individual company level.Martin Wallgren has been appointed the Group’s Chief Information Officer (CIO), a newly created role which recognises the importance of data management as a vital tool in 21st century business…
The president of Djibouti on Monday formally launched the construction of a project touted as Africa's largest free trade zone, to be built in the tiny Horn of African nation with Chinese backing. The agreement to build the 48 sq km (19…
After opening the 2016 season on March 21, the St. Lawrence Seaway closed on December 31, enjoying a navigation season of 286 days. This performance ties the record first established in 2008 and matched in 2013 for the longest navigation season…
The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report*, MSI predicts a depressed year for rates in 2017…
Oman Shipping Company (OSC) has announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years. The contract…
Transnet National Ports Authority’s (TNPA) six-berth reconstruction project at the Maydon Wharf Precinct in the Port of Durban has reached another milestone with Berth 13 and 14 now deeper and safer for bigger ships calling at the port.Transnet…
Diana Shipping has signed a time charter agreement with Koch Shipping Pte. Ltd, Singapore, for one of its newcastlemax dry bulk vessels. Under the agreement, Koch will employ the 208,500 dwt newbuilding, to be named San Francisco, for a gross charter rate of $11…
Similar to container vessels, bulk carriers and cruise ships, car carriers are rapidly growing in size, says a report by DNV GL. A new series of the world’s largest pure car and truck carriers sets a new standard for this segment. The…
CMA CGM announced and amendment to the port rotation of its MIDAS service. Effective with M/V KOTA MAJU at Khor Fakkan on January 4th, 2017, MIDAS serving India and Middle East Gulf to Africa and Indian Ocean, operated with 10 vessels up to 3…
U.S.-flag Great Lakes freighters (lakers) moved 83.3 million tons of cargo in 2016, a decrease of 4.5 percent compared to 2015, according to the Lake Carriers’ Association (LCA). The 2016 float was also 7.7 percent below the fleet’s five-year average…
Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has been selected to provide industrial drive and automation solutions for The Port of Virginia’s historic expansion project, totaling 86 Konecranes Automated-Stacking Cranes…
Abaqus and Intelek Announce Transportation EDI Support for Rapid Integration of Logistics Management Capabilities with 3rd Party TMS Systems Abaqus, Inc., a provider of the myGeoTracking cloud-hosted mobile workforce management and transportation support platform…
Maritime and logistics service provider Inchcape Shipping Services (ISS) said it is expanding its maritime service portfolio with the launch of its Maritime Advisory team. The new Maritime Advisory team will serve all maritime sectors from containers…
The Port of Singapore sustained its performance in 2016, amidst weaker-than-expected global economic conditions and significant structural changes in the maritime industry. Annual vessel arrival tonnage increased by 6.3 per cent in 2016 compared to 2015…