Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container shipping having sent freight rates to levels that at times don't even cover the fuel cost of moving containers across oceans…
CMA CGM has signed an agreement with the Port of Virginia to add the Port of Richmond as a destination for shippers booking cargo on its ships. The Port Virginia announced a cooperative effort with ocean carrier CMA CGM that will greatly enhance service at the Port of Richmond…
China’s 21st Century Maritime Silk Road and Economic Belt development vision has takers in UK maritime sector, reports Xinhua News Agency. Both countries expected to improve bilateral maritime cooperation in the 'Belt and Road' initiative…
London has come top of a listing of maritime service centres published by the Baltic Exchange and Xinhua, China’s news agency, whilst Singapore heads the overall list for its combined port and maritime services offering. The International…
The vital role that the River Thames plays in the economy, the movement of freight and the transport of passengers – and also in the wellbeing of the capital’s residents – has been made clear in two new reports launched by the Port of London…
The Maritime Skills Alliance (MSA) has welcomed the strong focus on skills in the Maritime Growth Study published this week. Nine of the 18 recommendations relate to skills and education, placing far more emphasis on skills than there was in the initial brief…
The Port of Cleveland informs it has been awarded by the U.S. Saint Lawrence Seaway Development Corporation (SLSDC) for its international cargo growth. The Robert J. Lewis 2014 Pacesetter award, presented to the port by the SLSDC this morning at its monthly board meeting…
Associated British Ports (ABP) has been named Business of the Year at the Rail Freight Group awards last night. Judges hailed ABP’s record of innovation in the freight sector, particularly the Immingham Renewable Fuels Terminal (IRFT) on the Humber…
The Port Logistics seminar was officially opened on Wednesday this week by Alexander De Croo, Belgian deputy prime minister and minister of Development Cooperation, Digital Agenda, Telecom and Postal Services. The seminar is organised by APEC-Antwerp/Flanders Port Training Center…
Świnoujście terminal which is designed to reduce Poland’s dependence on natural gas imported from Russia will be completed by the end of the year, Polskie LNG, a company designed to conduct the investment, informed in a press release. Poland's…
The Department for Transport has planned to make the UK Ship Register more attractive, so that it rightly becomes the ship register of choice for quality owners and operators, says Robert Goodwill MP. He asserted his relentless commitment…
Indian Government is planning to establish low-cost Non-Major Ports along coastline under the Sagarmala project in an effort to boost coastal shipping and reduce wait times. Currently due to the concerns over lack of berthing facilities…
Press Release - The United Kingdom Hydrographic Office (UKHO) will host ECDIS seminars at INMEX SMM Conference and Exhibition in Mumbai, India.The UKHO’s ‘Living with ECDIS’ Seminars will be held on each of the three days of INMEX SMM, are…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11…
