Experts believe the dry bulk market is positioned to become profitable by 2019 – but only if a series of sustained measures are taken year on year by the ship owning community as a whole, according to a report recently published by BIMCO. Peter Sand…
The Chilean Agriculture Service is warning of inspections for all international vessels arriving direct from Ecuador following latest detections in Chilean ports of the brown moth, Thyrinteina arnobia (Lagarta Eucalyptus).Following the advice…
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, is introducing a new Partner Solutions initiative to develop and deliver added value for customers across the globe.ISS Partner Solutions will…
CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore. CPLT will commence operations from the second half of this year…
Port operator PSA International was named the best global container terminal operating firm for the second year running, in the 2016 Asian Freight, Logistics & Supply Chain Awards held in Shanghai. PSA also received the “Best Container Terminal – Asia (Over 4 million TEUs)' award…
As part of ongoing expansion plan,logistics provider Mallory Alexander International Logistics has opened an office in Houston, Texas. The office, headed by Brenda Goodrich and her team, is the third location that Mallory Alexander operates in the southern U…
Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews. An event to raise Azerbaijan`s state flag in the “Vagif”, “Sabir” “Huseyn Cavid”…
Modular training course program uses state-of-the-art simulation technology Düsseldorf, Germany, 14 June 2016 – At this year’s TOC Europe in Hamburg, Germany, Terex Port Solutions (TPS) is presenting a newly designed training program for harbour crane operators…
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates…
Braemar Shipping Services PLC on has terminated its involvement in the ACM ICON Shipping DMCC venture, announcing the sale of its 50% stake to its joint-venture partner Icon Chartering Ltd, says a report by Alliance News. Braemar said…
Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016…
The grandson of Maersk Mc-Kinney Moller, who transformed A.P. Moller-Maersk into an international conglomerate, was on Monday appointed chief executive of the holding company behind the Danish shipping giant.The move sends a signal that…
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation.A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours…
The weeks-long traffic jam of cargo ships at the Myanmar’sbiggest port threatens to scare potential investors away and choke off nascent economic growth, says a report in Reuters. The bottleneck at the dilapidated port was caused by a spike…
Diana Shipping Inc. through a separate wholly-owned subsidiary, has entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Thetis. The gross charter rate is US$5…
