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Star Bulk Adds Three Vessels

Jul 23, 2015

Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…

Port Infrastructure Projects Underway in Virginia

Jul 22, 2015

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…

Philippines Opens up Shipping Sector

Jul 22, 2015

Philippine President Benigno S. C. Aquino III has signed off on legislation to open up the shipping sector and encourage more competition in the cloistered industry, report AFP. He also signed into law a measure that aims to level the country’s playing field…

DP World Opens London Gateway Logistics Centre

Jul 22, 2015

DP World's first distribution centre at the London Gateway Logistics Park opened officially, with the UK's shipping minister, Robert Goodwill MP, in attendance. Goodwill and DP World chairman, Sultan Ahmed Bin Sulayem, formalised the opening of the centre during a ribbon cutting ceremony…

Seafarers’ Charity Brings Shipping to the Classroom

Jul 21, 2015

Seafarers’ charity Apostleship of the Sea (AoS) is doing its bit to introduce shipping to the younger generation and promote a career at sea. The organization played host to work experience student Max Charlton from the Cardinal Vaughan Memorial School in London…

Jebel Ali Port Leads in Port Productivity

Jul 21, 2015

Global marine terminal operator DP World’s flagship Jebel Ali Port has demonstrated once again that it delivers the world’s best productivity for ships berthed at its docks. According the latest JOC Port Productivity data, compiled by industry analysts Journal of Commerce…

BHP to Spend $240 mln on Iron Ore Tug-Boat

Jul 21, 2015

BHP Billiton plans to construct a new eight pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million). The investment will also include an upgrade of workshop facilities,…

Trial Operation for New Suez Canal to Begin This Week

Jul 21, 2015

The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures…

Kansas Shipping Hub Announce Finalists

Jul 21, 2015

Seven finalists have been selected for the site of a proposed Kansas transload shipping center. The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration…

Market Rife Merger Talk, NOL Says Not Yet

Jul 20, 2015

As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates…

Maersk Starts Weekly Service through Port of Jacksonville

Jul 20, 2015

The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal. JAXPORT has officially announced the addition of the world’s No…

Iran Offers India Bigger Role in Developing Port of Chabahar

Jul 18, 2015

The port of Chabahar in southeast Iran is central to India's efforts to circumvent arch-rival Pakistan and open up a route to landlocked Afghanistan where it has developed close security ties and economic interests. According to a Reuter's report…

Ukraine, Frontera Sign Construction of LNG Terminal

Jul 18, 2015

Ukraine's NJSC Naftogaz signed a memorandum of understanding with U.S. Frontera Resources on the construction of a liquefied natural gas (LNG) terminal in Ukraine, according to Ukrainian Prime Minister Arseniy Yatsenyuk. 'U.S.-based Frontera…

Shreyas Acquiring Additional Vessels to Expand Fleet

Jul 18, 2015

Mumbai-based Shreyas Shipping and Logistics Ltd (SSL), part of global conglomerate Transworld Group, has acquired two container ships to boost its fleet to 8 vessels from earlier 6 vessels. In a filing to the stock exchange, the company…

Stiff Challenges Await Indian LNG Terminals

Jul 18, 2015

India's new LNG import terminals will face major challenges due to price sensitive demand, ICRA said in its latest update on gas utilities sector.  'Crowding of regasification terminals could put pressure on utilization levels, regasification charges and returns of new entrants…

Logistics News

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

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