The solid financial results allow the Port of Rotterdam Authority to carry out an ambitious investment programme, which is intended to help the Rotterdam port maintain its leading position as Europe’s largest port and industrial complex. Allard Castelein…
The concentrated inspection campaign (CIC) on safety of navigation was carried out in the Tokyo MoU region from 1 September 2017 to 30 November 2017. Within the campaign, Tokyo MOU member Authorities verified vital points of compliance in accordance with SOLAS Ch…
Despite the grey clouds and rain that fell over the weekend in La Spezia, the YM Warmth making only her second call brought a splash of colour to the terminal when it discharged from Asia a brand new ONE container, showing off the bright new magenta livery…
The Port of Long Beach said its strong start to 2018 continues with a historic high in cargo volume for February following in the heels of a record January. During February, 661,790 twenty-foot equivalent units (TEUs) moved through the California port – a 32…
North P&I Club said it has appointed Simon Main as Technical Director (Underwriting), as part of the company's strategy for the development of the North P&I and Sunderland Marine (SMI) businesses. Main joins North P&I with experience from several senior leadership positions at Thomas Miller…
Chinese iron ore futures struggled to regain ground on Tuesday after recent sharp losses that drove the steelmaking commodity to its weakest since November and pulled down spot prices to below $70 a tonne for the first time in three months. Lean…
Bangladesh's Summit Power International said on Tuesday it signed a memorandum of understanding with Japan's Mitsubishi Corp and subsidiary Diamond Gas International to develop a $3 billion LNG-to-power project. Under the MoU, subsidiary Summit Corp…
Somalia has banned Dubai ports operator DP World from operating in Somalia, saying that a contract that the company signed last year with the breakaway Somaliland region to develop an economic zone is null and void. It is unclear how Somalia's…
A methanol plant in the Libyan oil port of Brega has stopped operations after an accidental explosion caused by a gas leak, an official said on Tuesday. The plant will remain shut until safe operations can be guaranteed, but it was not clear how long this would take…
The migrants bolted across a street and clambered over a fence into the Greek port at Patras, scouting around for trucks to stow away in. Dozens at a time scaled a 2-km stretch of fence one afternoon last week, playing cat-and-mouse with…
India's ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade. 'Our exports have increased substantially, about 40 percent growth during January to December (2017)…
The Port of Oakland released a new 5-year strategic plan today that pairs business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the Port grows. “We can grow, but we want our neighbors to grow with us…
Danish shipping group A.P. Moller-Maersk's is betting on winning new customers for its port division by becoming a one-stop shop that can transport goods from factory to retailers' shelves. The move comes as Maersk, the world's biggest container shipper…
Newly published research shows that U.K. ports and terminals have an estimated £1.7 billion ($2.36 billion) of port infrastructure investment in the development pipeline. The research is part of the British Ports Association’s ‘Port Futures’…
2018 started with TEN operating the largest fleet in its 25 year history, 77% of which in secured contracts averaging 2.7 years with minimum secured revenues of $1.3 billion, said a press statement from the Greece-based company Of the vessels under those fixed contracts…
