With 2020 in sight, DNV GL looked at the lessons to be learned from the update to the classification society’s “Shipping 2020” report which was published in 2012. Now, three years later, hybrid propulsion systems and connected ship solutions…
United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental…
The first cargo ship delivering Iranian goods docked at the Omani port of Sohar, a few weeks after Tehran and Muscat opened a new shipping route. The vessel, titled Genaveh 12, container with a capacity of 96 TEUs, is the first ship put into operation in the new Iran-Oman shipping line…
The Karachi Port Trust (KPT) and Guangdong Transport Department, China signed a memorandum of understanding (MOU) for strengthening shipping connectivity and establishing cooperation. The MoU was signed by KPT Chairman Vice Admiral Shafqat…
United Arab Shipping Company (UASC) has launched a North Europe - US East Coast (NEU1) service as well as an order of 3,500 reefer containers as part of its ongoing expansion phase. The new NEU1 service has been added as part of UASC's…
The Indian government has approved an agreement on coastal shipping between India and Bangladesh for cheaper cargo movements between them. “The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to the agreement…
From 14 to 18 June, HAROPA, world top port for wine and spirits, will be an official partner for Vinexpo 2015, a major and inescapable event in the wine and spirit sector.For its first participation in Vinexpo, HAROPA - the alliance of the ports of Paris…
Pressure grew on Friday for a resolution to wage talks between exporters and striking crushers in Argentina's Rosario grains hub, with another powerful union threatening to launch its own industrial action on Monday that would paralyze exports…
A customs strike in Chile that had held up exports and imports for over a week has ended after the union said on Friday it had come to an agreement with the government. Fruit and salmon exporters and small businesses who rely on import stock were particularly hard hit by the stoppage…
The ‘FORAN new modules, new functions and FEM-Link (Hypermesh) Seminar’ was held on April 23rd in Wuhan. SENER is playing a big role in China, where it has been promoting the FORAN System for many years.Through the seminar, important new enhancements in its shipbuilding CAD/CAM System FORAN…
Seeking new supply chain efficiencies, the ports of Los Angeles and Long Beach have announced the creation of working groups focusing on peak operations and terminal optimization to develop ways to strengthen the competitiveness of the San Pedro Bay port complex…
Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate…
GC Rieber Shipping has entered into an agreement to sell subsea vessel 'Polar Prince', which the company had built in 1999. The transaction gives GC Rieber Shipping an accounting gain of approximately NOK 10 million ($1.3 million). The…
Monaco-based tanker owner and operator Navios Maritime Midstream Partners (NAP) plans to launch syndication of a USD 205 million Term Loan B to finance the purchase of up to two very large crude carriers. Apart from financing the purchase…
DMCC has signed a Memorandum of Understanding (‘MoU’) with the Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The…
