Octaviano Alimuddin, the Indonesia ambassador to Iran, has visited Abadan Ports in the Khuzestan Province of Iran.According to a release from Ports & Maritime Organization, he stated that the aim of visiting Abadan port is to get familiar with the capacities…
The marine industry equipment manufacturer Kalmar has delivered a total of 18 forklift trucks to Algeria's leading drilling contractor Entreprise Nationale des Travaux aux Puits (ENTP).According to a press release from Kalmar, part of Cargotec…
Indian Shipping Minister Nitin Gadkari Wednesday flagged off the maiden container mainline vessel at VoC Port (Tuticorin Port), opening direct shipping route to eastern countries.Calling the step a 'gamechanger in container traffic of South India'…
NYSE-listed offshore support vessel owner Scorpio Group has taken control of Nordic American Offshore (NAO), via a private placement into company’s shares worth $5 million.The investment, which took place via a private placement with Scorpio Offshore Investments…
On October 16, 2018, after 38 years in the dredging industry, David Miller, SVP/COO and part owner of DSC Dredge, LLC announced his retirement. Miller embarked on his career in the early 1980’s when he began working for Kenner Marine & Machinery (KMM)…
Liebherr Maritime Cranes already delivered two Liebherr mobile harbor cranes LHM 800 in container configuration to Montecon in Uruguay. End of November Liebherr received an order from Montecon for the third LHM 800 that will start operation in Montevideo…
On December 10th, Damen sales manager Sjoerd de Bruin signed a contract with Port Nelson CEO Martin Byrne in New Zealand. Damen will deliver an ASD Tug 2411 to Port Nelson in support of the port’s expansion strategy.As part of the expansion…
Hansa Heavy Lift GmbH has filed an application with the Hamburg District Court for the opening of insolvency proceedings. The court has appointed the experienced Hamburg restructuring expert, lawyer and tax consultant Dr. Christoph Morgen as preliminary insolvency administrator…
As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment…
Carnival Corp on Wednesday launched its first liquefied natural gas (LNG)-powered ship in Germany as the world's largest cruise operator tries to cut its carbon footprint.Addition of LNG ships are part of Carnival's ongoing fleet enhancement…
U.S. Transportation Secretary Elaine L. Chao has (Dec. 11) announced $1.5 billion in discretionary grant funding to 91 projects in 49 states and the District of Columbia. The grants, 14 of which will go to port-related projects, are made through…
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…
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…
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…
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…
