Qatari sea port operator QTerminals has won a concession tender to develop and operate Ukraine's Black Sea port of Olvia, Ukrainian Prime Minister Oleksiy Honcharuk said on Friday.QTerminals, a joint venture between state-owned Qatar Ports Management…
Dubai-based global ports operator DP World has taken a 44% stake in Frenkendorf-headquartered Swissterminal Holding, the container terminal operator in Switzerland.The parties have agreed not to disclose financial details of the transaction…
Norwegian dry bulk operator Torvald Klaveness and Japanese trading house Marubeni have merged their panamax pool activities into a new jointly-owned pool management company called Maruklav Management.Maruklav, claimed to be the world's biggest panamax bulker pool…
The Baltic Exchange's main sea freight index fell to its lowest level since early April last year on Tuesday, weighed down by weaker demand for vessels across all segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Brasco, a part of the Brazil's provider of integrated port and maritime logistics and supply chain solutions Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex…
As the pressures mount to improve efficiencies, safety and a port’s environmental footprint, the means to make all of that happen are already within reach. And, contrary to what organized labor might think, it’s not about reducing headcounts…
Florida's seaports and industry partners are investing in innovations to be more efficient and effective, including the implementation of environmentally friendly, less costly, domestically-produced natural gas as an alternative fuel, a recent report outlined…
The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance…
Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal…
Having provided logistics solutions to Italian clients for many years, and looking to develop this business further, Blue Water Shipping has established an office in Milan.The new office will initially focus on serving clients in the oil and gas…
Multipurpose and project heavy lift carrier AAL delivered of a cargo of six RTGs (rubber tyred gantry cranes) in a single sailing from the Port of Taicang in China to the South Florida Container Terminal (Port Miami), on board its mega-size 31…
The provider of maritime construction services Jan De Nul said that a new lock complex along the Lys river in Harelbeke, Belgium is inaugurated.The Joint Venture ‘Leieland’, a partnership between contractors Jan De Nul nv, Herbosch Kiere nv…
Israeli shipping company ZIM said it has commenced a seasonal reefer service from Egypt starting January 10.The weekly, fixed-day ZIM Egypt - Black Sea Express (EBX) 2020 seasonal reefer service provides a direct link from Alexandria to Novorossiysk NUTEP modern terminal…
U.S. retail imports are beginning to settle down following a year of fluctuations driven by the uncertainty of the trade war with China, industry experts say.Volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020…
China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027…
