France's CMA CGM has signed a letter of intent to form a joint venture with Ethiopian company MACCFA, as well as a letter of intent with ESLSE to manage Ethiopia's Modjo port, according to a document made available by the French President's office…
President Donald Trump included $138 million in his budget for the coming year to help deepen Charleston Harbor to 52 feet so it can handle larger container ships, said Charleston District of the U.S. Army Corps of Engineers.The project, in the works since 2011…
Croatian shipping company Tankerska Next Generation (TNG) has fixed out another of its MR tankers on a period charter.The conventional ice class product tanker MT Velebit has secured one year contracted employment with immediate effect, it said in a press release…
Crowley Maritime Corp. has promoted Ira Douglas to vice president, labor relations, to lead the company’s relationships, operating agreements and partnerships with unions representing seafarers, terminal stevedores and truck drivers.Douglas…
Wallenius Wilhelmsen Solutions has announced Michael Rye has been promoted to the role of Senior Vice President of Operations for Keen Transport.Rye has been with the Wallenius Wilhelmsen Group for 15 years and he brings a deep skill set and an impressive leadership style to the Keen role…
Roll Group has been awarded a contract to transport 24 modules for the Total Ethane cracker project in the USA. The transport will cover seven single voyages, using both RollDock and BigRoll vessels. The services and expertise of Roll-Lift will…
The Port of Rotterdam Authority said that its gross investments increased 91% to EUR408.1 million (USD461Mln) in 2018, the highest level since the construction of Maasvlakte 2.By far the largest part of this amount was used to further improve the logistical accessibility of the port of Rotterdam…
Taiwanese shipping company Wan Hai Lines announced the enhancement of its Japan service coverage.With effect from early April 2019, the company shall upgrade its existing New Super 1 service and also extend one of its existing Japan Kanto service to cover Malaysia…
Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration…
IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will…
Drewry has welcome one of the world’s leading automotive and energy companies to its exclusive, online ocean freight cost comparison service, Benchmarking Club.With this latest addition, Drewry Benchmarking Club now counts more than 10% of its members in the S&P 100 and Nasdaq 100…
American trucking company Saia announced that Saia LTL Freight has opened its newest Northeastern terminal in Wrentham, Massachusetts. This is the 11th facility the company has launched in the region since 2017.'Our expansion in the Northeast…
Specialist breakbulk and project heavy lift carrier AAL has successfully shipped 22 petrochemical plant modules from the Wilson Heavy Industry Company in Nantong, to the Ethylene Glycol II Expansion Project in Point Comfort, Texas on behalf of the Pacific Ocean Group Limited…
Iran's Port of Anzali announced the start of operation and Exploitation of three investment projects in its port complex.According to HamidReza Abaei, the Director General of Ports and Maritime Affairs of Gilan province, Iran, began operations…
India’s containerised trade grew 6 per cent during the last quarter of 2018, with the western region outperforming the other three regions in Q4 trade.A report released by the world’s largest container shipping company Maersk has attributed…
