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Great Lakes Iron Ore Trade Little Changed in November

Dec 12, 2018

Shipments of iron ore on the Great Lakes totaled 5.1 million tons in November, a decrease of one load in a 1,000-foot-long U.S.-flag laker. However, shipments did outpace the month’s 5-year average by nearly 4 percent.Year-to-date the iron ore trade stands at 49…

Baltic Index Slips on Weaker Capesize Demand

Dec 12, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, slipped on Wednesday as capesize vessel rates declined.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

NYK in Charter Agreement with Mitsubishi

Dec 12, 2018

Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed long-term contracts with Diamond Gas International Pte. Ltd. (DGI), a wholly owned subsidiary of Mitsubishi Corporation (MC) located in Singapore, for DGI to…

Georgia Ports On Track for 4.3 TEUs

Dec 11, 2018

The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017…

Belships Completes Merger with Lighthouse Group

Dec 11, 2018

Norway-based  bulk ship operator and management company Belships has finalized its merger with Lighthouse Group after receiving an approval of the merger plan by the extraordinary general meeting (AGM).'All the conditions for the completion of the merger…

Diana Shipping in TC Pact for m/v Ismene with Koch

Dec 11, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing…

Indian Navy Ship to Carry Out Hydrographic Survey in Mauritius

Dec 11, 2018

Indian Navy Ship, INS Sarvekshak, has arrived in Port Louis on a two month deployment for undertaking hydrographic surveys.It was welcomed by Hon. Purmanund Jhugroo, Minister of Housing and Lands of the Republic of Mauritius and Shri Abhay Thakur…

ChainPORT Renews Digital, Environmental Commitment

Dec 11, 2018

Delegates from the world’s leading ports have come together to examine their role in the rapidly evolving maritime logistics landscape and in particular to coordinate their contribution to the establishment of an interconnected maritime supply chain at the Port of Barcelona…

US DOT Announces Major Infrastructure Funding Grants

Dec 11, 2018

U.S. Transportation Secretary Elaine L. Chao Announces $1.5 Billion in BUILD Transportation Grants to Revitalize Infrastructure Nationwide. Some of the 91 projects include port grants, as well. WASHINGTON –  U.S. Transportation Secretary Elaine L…

Hepburn and Sons Appoints Crone as Director

Dec 11, 2018

Hepburn and Sons LLC team has welcomed CAPT Timothy Crone as its newest Director. CAPT Timothy Crone, USN (Ret) will serve as Hepburn’s Director, Advisory Services.CAPT Crone, a graduate of the United States Naval Academy, earned his Bachelor…

New Consortium to Improve Crew Management

Dec 11, 2018

Maritime Blockchain Labs (MBL), founded by blockchain technology and governance experts BLOC and the Lloyd’s Register Foundation, has announced the establishment of a consortium that will pilot a blockchain-based seafarer certification system…

Kalmar Books Order for 30 Ottawa Terminal Tractors

Dec 11, 2018

Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake…

Yanmar Appoints Oggel

Dec 11, 2018

Yanmar Marine Intl. appointed Martijn Oggel as its Global Sales Manager.Reporting directly to YMI Director of Sales and Marketing Floris Lettinga, Oggel will implement the company’s strategic directives in alignment with local offices and key distributors…

China, U.S. Discuss Road Map for Continuing Trade Talks

Dec 11, 2018

China and the United States discussed a road map for the next stage of their trade talks on Tuesday during a telephone call between Vice Premier Liu He, U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.U.S. President…

Baltic Index Snaps Winning Streak as Capesize, Panamax Rates Sag

Dec 11, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, marked its first decline in last six sessions on Tuesday, weighed down by weaker demand for capesize and panamax vessels.The overall index…

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