Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports…
Aerial drones have made major advances in endurance, range and payload capacity over recent years while prices have continually plummeted, leading to a proliferation of drones expected to reach 12 million by 2020.This trend, some believe, means…
Qatar-based maritime transport and logistics conglomerate Milaha has launched a direct container feeder service between Qatar and Iraq.The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year…
Buckeye Partners announced the formation of a joint venture with Phillips 66 Partners and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212…
Canaveral Port Authority has named Michael B. Poole as Chief Financial Officer (CFO) for Port Canaveral, effective May 11, 2018.As CFO, Poole's primary duty is to preserve and safeguard the financial assets and affairs of the Canaveral Port Authority…
Saia LTL Freight has opened a terminal in the city of Fife, Wash, in close proximity to the Port of Tacoma.“With the growth we have seen in the Seattle-Tacoma area, this second terminal will position us to provide additional capacity and enhanced service to our customers…
South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict…
Maersk Tankers announced a move to renew its fleet with a confirmed order for six Chinese-built LR2 product tankers for delivery from 2020.Maersk Product Tankers’ board of directors approved the order for the six LR2 newbuilds on contract with Dalian Shipyard…
Blue Atlantic Industrial & Logistics Park has welcomed a ‘transformational’ dredging project which will unleash trade and export opportunities in the Port of Setubal, Portugal.The 96-hectare site is located 40km south of Lisbon in one of Europe’s leading maritime industrial zones…
David Sullivan has joined Crowley Maritime Corp. as vice president, business development and capture management, government services.Sullivan will be based in Jacksonville and report to Todd Busch, senior vice president and general manager, Crowley SOLUTIONS…
MarineMTS has launched to market Silverbox, a new piece of technology that is set to provide secure chart and data updates to mariners across the globe. Silverbox will help vessel owners and operators improve voyage planning, enhance safety and prepare for a future of automation…
Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for…
INTTRA, a neutral network, software and information provider for the ocean shipping industry, hosted a Technology Summit in Hamburg, Germany to address the need for collaboration across container shipping to help advance the ocean freight industry’s digital transformation…
The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear majority over that owned by transport operators, according to the latest edition of the Container Census & Leasing and…
In the framework of the expansion and modernisation programme of its owned fleet, as anticipated in the last months, the Grimaldi Group has signed yesterday an agreement for the construction of six ro/ro vessels, for a total investment worth over USD 400 million…
