Freight rates hold on to a healthy level on the main routes according to the latest BIMCO Market Analysis Report.Excerpts from the report follow:Freight rates hold on to a healthy level on the main routes, while new large vessels are put…
Joins More than 30 International Maritime Industry Speakers. Clay Maitland, managing partner of International Registries, Inc., which administers the Marshall Islands Ship Registry, the third largest registry in the world, will be the keynote…
Panama Canal expansion will bring higher volumes, larger vessels, new trading patterns, trends analysed in a new report.As the completion of the Panama Canal expansion nears, a number of concerns have surfaced regarding the ability of U.S…
GIE Nouméa Port & Vale NC go live with Tideworks’ TOS at two South-west Pacific ports.Tideworks Technology®, Inc., a provider of full-service terminal management and planning software solutions, announce that both Vale New Caledonia, at Prony Port in New Caledonia…
Capacity utilization analysis is a critical factor in determining both long-term contract freight rates & short-term spot rates for fully cellular vessels.PIERS announce it has issued an exclusive report titled 'The PIERS Capacity Utilization Report: Full year…
US Dept of Homeland Security develop a 'Container Security Test Bed' to facilitate research on container surveillance.The DHS Science and Technology Directorate (S&T) and its Transportation Security Laboratory (TSL) in Atlantic City, NJ, have…
The Drewry Hong Kong-Los Angeles container rate benchmark, soared by 17.5% to US$2,452 per 40ft container this week.Last week’s Drewry transpacific price benchmark dated 1st August increased by just $71 per 40ft container from levels in the previous week…
Krishnapatnam Port claims world record for discharging 122,247 MT's of coal from ship in 24 hrs using conventional cranes.The cargo was discharged from the MV Cohiba which had 161,980 MT of US Coal on account of JSW Steels Limited. The remaining 39…
Horizon Lines receives top honors in 'Quest for Quality' award, ranked first by customers for outstanding service. Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, has been honored for the fourth consecutive…
Conditions will eventually improve for the industry over the next five years according to IBISWorld's market research.Excerpts from the synopsis provided follow:The report says that after years of easy growth, life became more difficult for operators in the industry in the second half of 2008…
Ezion wins a third contract to provide full logistics & support services for development of LNG facilities on Curtis Island, Queensland, Australia. This LNG facility which is the third of the eight proposed in Queensland, Australia, has an…
Pilot Freight, worldwide transportation & logistics provider, picks up its seventh 'Ryder Transportation Management Carrier Quality Award'.Every year Ryder recognizes carriers through this award who demonstrate excellence in on-time performance…
The Lake Providence Port is high and dry through drought after U.S. Army Corps of Engineers abandoned efforts to dredge its access channel.Louisiana farmers scramble to find other avenues to ship as much as 1 million tons of corn and soybeans out of the region…
UK-based Port Evaluation Management (Port-Evo) propose US$ 1-billion investment to redevelop Mongla Seaport & to operate long-termBritish Secretary of State for Foreign and Commonwealth Affairs and Northern Ireland William Hague made the proposal…
NYK Global Bulk hosts onboard get-together to celebrate reconstruction of Port of IshinomakiNYK Group company, held a get-together on board its 58,000-ton bulk carrier New Pride with guests from the Ishinomaki area in Miyagi prefecture to…
