PierPass Inc. has announced an initiative to reduce the number of transaction problems experienced when trucks pick up or deliver containers at the marine terminals at the Ports of Los Angeles and Long Beach. These problems – exceptions…
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that it has entered into a time charter contract with Augustea Bunge Maritime Limited, Malta, through a separate wholly-owned subsidiary…
This article deals with the evolution of piracy in the Gulf of Guinea. It was proclaimed in 2012 that the Somali pirate business model had been broken by a combination of coordinated naval patrols, heightened vessel security, and the ubiquitous presence of armed guards aboard valuable ships…
IMO Secretary-General Koji Sekimizu has launched this year's World Maritime Day theme, 'Sustainable development: IMO's contribution beyond Rio+20', calling on Governments and the shipping industry to join together and provide a positive contribution…
Global energy and commodity price reporting agency Argus has launched a daily marine fuels pricing and analysis service, Argus Marine Fuels. It provides market data and intelligent analysis of the increasingly complex marine fuels market. Trade in marine fuels is changing quickly…
Waterways Operators Commend Administration, Senator Durbin, Corps of Engineers; Stress Need for Continued Assurance of 9-Foot Navigation Channel on Mississippi River. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI)…
International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson says…
BIMCO has published its Reflections 2013, a concise, condensed and thought-provoking analysis of the challenges facing the shipping industry today and during the coming year. Shipping is a key facilitator of world trade and the performance…
Effective Shutdown of Nation’s Busiest Water Transportation Artery Looms Between Early- to Mid-January. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) have released revised data on the economic impact of an effective…
Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year…
Maersk Container Industry (MCI) purchased 116,000 plastic balls for a trial to test & increase the effectiveness of its refrigerated containers in delivering fresh produce. The balls were adapted so they would respire in much the same way as fresh fruit and vegetables do…
Last of the 65 ton blocks that make up the foundation of the extended quay wall of the 1 million TEU expansion laid in place.The Jebel Ali port expansion, scheduled to open for business in the second quarter of 2013, extends the quay wall by 400 metres to 3000 metres…
The Panama Canal is celebrating 13 years under Panamanian administration. During this period, the Canal has strengthened its role in international commerce as a result of investment in the modernization of its infrastructure, its expansion and an alliance with its natural surroundings…
Effective Shutdown of Nation’s Busiest Water Transportation Artery Expected Earlier Than Predicted: January 3-4. Late Christmas Eve, the U.S. Army Corps of Engineers advised industry of the most current 28-day weather and water forecast for the Mississippi River area near Thebes…
APM Terminals Apapa named “Best Terminal Operator of the Year” at Nigerian Maritime Excellence Awards in Apapa, Nigeria.APM Terminals Apapa, which assumed operational control of the facility in 2006, is now the busiest container terminal in West Africa…
