Kingston Freeport Terminal Ltd (KFTL), a Jamaican consortium formed by French global terminals operator CMA CGM and its majority-owned subsidiary Terminal Link, said it recorded the best performance ever in the history of the port of Kingston in terms of container moves…
Hutchison Ports Thailand (HPT), the largest container terminal operator in Thailand, has officially opened Terminal D at Laem Chabang Port, , the most advanced deep-sea container terminal in the country.Dr. Pailin Chuchottaworn, Deputy Minister of Transport…
Singapore-based Pacific International Lines (PIL) has completed a blockchain pilot with IBM for an electronic Bill of Lading (e-BL).PIL has used e-BL built on the IBM Blockchain Platform in a real-time pilot tracking shipment of mandarin oranges from China for the Lunar New Year celebrations…
The government of India has allocated a budgetary support of USD 266mln to shipping sector in the interim budget presented by Interim Finance Minister Piyush Goyal.The government has pitched for development of India’s Blue Economy with the Finance…
Europe’s independent ship design and marine engineering consultancy International Contract Engineering (ICE) Group said that it has recently developed a design for an all-electric ferry that can carry 200 passengers and 45 cars.The UK-based…
International Maritime Organization (IMO)'s Global Industry Alliance to Support Low Carbon Shipping (GIA) brought together a wide range of industry stakeholders to discuss how to operationally make “Just-In-Time” (JIT) a global reality.Convening at IMO Headquarters in London (31 January)…
Brazos Pilot Association President Captain Billy Burns said its newest boat, Brazos Pilot, is a vessel tailored to fit the job and provide the pilot association with performance dependability and the safety systems integration to fulfill their maritime mission…
West Coast U.S. shipbuilding and repair powerhouse Vigor has selected a Vancouver, Washington site to be the home for its new all-aluminum fabrication facility.With a nearly billion dollar contract in its hip pocket to build the U.S. Army’s new landing craft over the next 10 years…
Ocean Network Express Pte. Ltd. (ONE) has announced that ONE Grus, with a carrying capacity of 14,000 TEU, has been successfully delivered at Kure Shipyard of Japan Marine United Corporation. The sublet owner is Nippon Yusen Kaisha. This is ONE’s first delivery this year…
Magnate Worldwide appointed Dante Fornari as its new Chief Executive Officer. Fornari is an accomplished executive with more than 25 years of experience in the Transportation and Logistics industries.As CEO of Magnate Worldwide, Fornari will assume overall responsibility for the strategic direction…
Hamburg-based Becker Marine Systems is now taking another step forward – wind operated vessels.'We will see different hybrid systems on board vessels in the future. There will be ships and services where sailing provides a real option for supporting propulsion…
The product tanker market registered a robust recovery in the fourth quarter of 2018, partially reversing the downward trend observed in the first nine months of the year, said Capital Product Partners.The Marshall Islands' tanker company said…
Spanish shipping company Baleària said its Hypatia de Alejandría, first liquefied natural gas (LNG)-fueled ferry on the Mediterranean, completed its first commercial trip between Barcelona and Palma.The ferry reached the Port of Barcelona last…
Monaco-based container shipping company Navios Maritime Containers has exercised an option to acquire a 2011-built 10,000 TEU containership from an unrelated third party for a purchase price of $52.5 million.The containership is chartered out at a net rate of $26…
Netherlands' port of Amsterdam welcomed a total of 41,424 barges and 7,525 sea-going vessels in 2018, including 180 sea cruise ships. The numbers for 2017 were 40,012 and 7,011, respectively.The seaport in Amsterdam said in a press release that…
