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China-Built Cruiser Delivered to Sunstone

Sep 11, 2019

China Merchants Heavy Industry has delivered an expedition cruise vessel to SunStone Ships, the first of its next-genn INFINITY-class vessel and perhaps more significantly China's firm entrance into the cruise ship building sector.The arrangement…

Shoreham Welcomes Maiden Barrett Cargo

Sep 11, 2019

UK's cargo handling port on the South Coast Shoreham Port has welcome the first shipment of steel to the Barrett Steel site, following the assignment of the lease for the steel premises at the Port.Barrett Steel, who are the largest independent steel stockholder in the UK…

V.Group to Manage ADNOC's 93 Offshore Vessels

Sep 11, 2019

Ship management and services major V.Group has signed a contract with Abu Dhabi-based ADNOC Logistics & Services to provide crew management services to 93 offshore support vessels.The ship management company said that to support the contract…

UK: Strong Ports More Vital Than Ever

Sep 11, 2019

As Brexit approaches,  the UK needs to follow some key characteristics of the Strong Ports to thrive post its exit from the EU, given that the global trade and the maritime sector face many challenges.Global trade, and the maritime sector that enables so many of its flows…

ICTSI Unveils Banana Transport Insurance Program

Sep 11, 2019

International Container Terminal Services (ICTSI) Ecuador has launched the first transport insurance program for banana trade.Contecon Guayaquil SA, the Ecuadorian subsidiary of ICTSI, will be providing banana-exporters with a comprehensive insurance program…

Natural Gas to be 29% of World’s Energy Supply by 2050

Sep 10, 2019

The global oil demand will peak in the mid-2020s and gas demand will keep rising to 2033, says DNV GL.Gas demand will then plateau, and the fuel will remain dominant until the end of the forecast period in 2050, when it will account for over 29% of the world’s energy supply…

Do Ports Need Global Regulation?

Sep 10, 2019

Ports are essential for the global supply chain - but do they need more international regulation?High-level speakers engaged in a lively debate at a joint Hutchison Ports, International Maritime Organization (IMO) and IMO International Maritime Law Institute (IMLI) seminar (9 September)…

Vestdavit to Equip Norwegian CG Vessels

Sep 10, 2019

Vestdavit secured an order to supply three new Norwegian Coast Guard vessels with davits equipped for polar conditions, in a project which also calls for installation of a deck-mounted transfer system for rapid deployment.The ships are being…

Yang Ming Hails New Liverpool Service

Sep 10, 2019

A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week…

Study: Ship Tech a $278B Market by 2030

Sep 10, 2019

New research into maritime startups concludes that higher bandwidth connecting ships to shore at lower costs is empowering a new breed of single-minded innovators to bring the true benefits of digitalization to the shipping and offshore sectors…

Trelleborg Helps Accommodate Cruise Ships

Sep 10, 2019

One of Mexico’s most popular tourist destinations, Puerto Costa Maya, has upgraded its port to simultaneously accommodate four cruise vessels – one more than previously, including two Oasis-class cruise ships. As part of the project, Trelleborg’s…

SFI Acquires Three VLCCs From Hunter Group

Sep 10, 2019

Bermuda-based ship-owning and ship chartering firm Ship Finance International Limited (SFL) has agreed to purchase three very large crude carriers (VLCCs) from Norwegian investment company Hunter Group. The 300,000 dwt oil tankers are currently…

G2 Ocean Expands Project Cargo

Sep 10, 2019

G2 Ocean, a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, hired three new Senior Project Cargo Managers and opens offices in Houston and Hamburg.Since the launch of G2 Ocean in 2017…

DFDS, Moby in Ferry Swap Deal

Sep 10, 2019

Copenhagen headquartered ferry and logistics company DFDS has reached an agreement with the Italian ferry company Moby to acquire its the two combined freight and passenger ferries (RoPax).The Danish company decided to purchase the ships, the 2001-built Moby Wonder and the 2005-built Moby Aki…

Seaspan Buys 9600 TEU Boxship

Sep 10, 2019

Hong Kong-headquartered containership management and ownership company Seaspan Corporation announced that it has purchased a 2010-built 9600 TEU containership and entered into a fixed rate time charter agreement for the vessel with Ocean Network Express (ONE)…

Logistics News

Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

European Wheat Rises as Black Sea Disruptions Persist

European Wheat Rises as Black Sea Disruptions Persist

AD Ports Group Reports Strong Q2

AD Ports Group Reports Strong Q2

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

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Derailment of UK passenger train in southeast England causes 11 injuries
Sinograin, a Chinese soybean company, announces its fourth major auction since July.
Sources: Drone attack damages Novatek's Ust-Luga processing complex for gas condensate, according to sources