For the first time since its establishment, EcoPorts has reached the number of 32 ports certified with the environmental performance standard of the network (PERS). Set up in 1997, EcoPorts operates under the European Sea Ports Organisation…
Russian aluminum giant Rusal has stopped placing orders with two logistics firms that ship its exports, executives with the firms said on Tuesday, in a sign of deepening problems for the company after it was hit by U.S. sanctions.Rusal and its major shareholder Oleg Deripaska were included on a U…
Algeria's government has temporarily reversed a ban on imports of some raw materials for its food industry after shortages hit local firms, the trade ministry said on Tuesday.Imports of the materials were prohibited in a ban on imports of 951…
Seed money made available by the Port of Long Beach and Port of Los Angeles aims to foster the development of new goods-movement technologies that will help to improve air quality at the nation’s two largest ports.The funding is part of the ports’ Technology Advancement Program…
Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley…
Russia's largest freight container operator, TransContainer said on Tuesday Russian aluminium giant Rusal had suspended exports through TransContainer's system after Rusal was hit by U.S. sanctions 'They (Rusal) do not know what to do yet, what is going on with them…
Danish dry bulk carrier Thorco Bulk announced today it has been renamed Trithorn Bulk with immediate effect.“This is a natural development for our company. We wish to further strengthen our corporate identity and position in the market by taking a name that truly expresses what the three of us…
Bollore Transport & Logistics Cote d'Ivoire net profit climbed to 13.14 billion CFA francs ($24.30 million) in 2017 from 10.12 billion CFA francs the previous year, the shipping company and port operator said late on Monday.Turnover for the…
Port Manatee reports it has achieved numerous cargo records in the first half of its current fiscal year and is on pace to shatter several full-year marks. The Central Florida Gulf port has established new first-half highs for total tonnage throughput and a host of cargo sectors…
Marine consultancy and ship surveyor Pirie & Smith has appointed Graeme Alexander as General Manager to head up the company and take responsibility for leading its activities across the globe.The appointment is in response to a 12-month period…
The world’s number two container group Mediterranean Shipping Company (MSC) has stopped any new potential trade with Russian entities that were sanctioned by the United States, the Swiss headquartered firm said on Tuesday. The United States…
Trade and investment restrictions are proliferating around the world, driven by a combination of security concerns and protectionist pressures. In each instance, policymakers can usually cite a justification of why trade and investment restrictions are necessary…
Transnet National Ports Authority has concluded an agreement that will see KwaZulu Cruise Terminal Pty Ltd (KCT) finance, construct, operate, maintain and transfer a new Cruise Terminal Facility in the Port of Durban by October 2020. The parties…
MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines.Samsung Heavy Industries (SHI) will construct six of the vessels while…
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will…