As Gateway Terminals India (GTI) (one of the private terminal at JNPort, a JV between APM Terminals (APMT) and state-owned rail operator Container Corporation of India) is facing shutdown in operations due to the strike of contractor's employees…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015.Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16…
The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news! The beleaguered state behemoths struggling in a protracted industry slump - China Ocean Shipping Group (Cosco) and…
The $50 billion project of Hong Kong development company HKND to build an artificial waterway across Nicaragua to go ahead with some modification of the route of the canal to avoid affecting ecological zones and farming communities opposed to the project…
A picket of Hutchison ports in Sydney and Brisbane has entered fourth day after the Maritime Workers Union vowed to continue defying a Fair Work order to cease industrial action. The picketers say that the power to the site has been cut in a bid to move them off…
The Panama Canal Authority said that next month it will temporarily limit the amount of cargo for larger ships using the waterway because drought has lowered water levels in Gatun and Alhajuela lakes, reports AP. Earlier there were reports…
United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has ordered another 3,500 reefer containers, after ordering 2,000 units from Japan’s Daikin Industries in January, says a report in JOC. The…
Through the coordination of the Federal Emergency Management Agency, the amphibious dock landing ship USS Ashland (LSD 48) will depart Guam and arrive in Saipan Aug. 8 to provide relief in the aftermath of Typhoon Soudelor, which devastated the island Aug…
Hong Kong’s Marine Department has issued a reminder about safe handling of containers following the investigation into the death of a sailor on board a container vessel during cargo unloading operations.The incident occurred while containers…
Continuing its record breaking performance of handling all time high cargo volume of 61.61 metric million tonnes in the preceding financial year, Mumbai Port Trust has registered an overall growth of 15% upto 31st July this year against the corresponding period in the previous year…
The Athens, Greece-based DryShips reported a $1.44bn loss in the second quarter but delivered an operational profit that was in-line with expectations. DryShips is an international provider of marine transportation services for drybulk and petroleum cargoes…
Sohar Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port. Hanjin started its container service to Sohar from Far East, which is…
Fifty-five new apprentices were ceremoniously welcomed at container shipper Hapag-Lloyd’s headquarters in Hamburg Monday as the young men and women prepare to begin their careers in the maritime field. “Hapag-Lloyd is Germany’s largest training provider in the shipping industry…
India's state-owned companies can now make their own shipping arrangements of both dry and liquid bulk cargo without having to route their requirements through the Shipping Ministry. The Cabinet Committee on Economic Affairs (CCEA) has…
Asia to Northern Europe shipping freight rates for transporting containers jumped by 177.3 percent to $1.109 per 20-foot container (TEU) in the week ended on Friday, reports Reuters, quoting data from the Shanghai Shipping Exchange. As…
