The first group of three, of a total of 12 advanced remotecontrolled ship-to-shore (STS) cranes, has departed China for delivery on February 15 to the new APM Terminals MedPort Tangier, Morocco terminal. Manufactured by ZPMC in Shanghai…
Year-over-year total cargo tonnage at Port Saint John, Eastern Canada’s largest port by volume, increased by over 4 million metric tonnes in 2017. Overall cargo tonnage handled for the year 2017 was 30,458,422 metric tonnes, a 15% increase over 2016…
Japanese Foreign Minister Taro Kono has visited the port of Colombo in Sri Lanka. Kono was briefed by Sri Lankan government officials about a project under consideration to expand the port. The Japanese Foreign Minister also visited the…
Contargo AG has launched a new rail shuttle service to the German town of Weil am Rhein on the Swiss border. This creates a direct connection between the port of Rotterdam and the important industrial areas around Basel. Three times a week…
The Container Handing Volume by the Republic of Korea's Port of Incheon surpassed 3 million TEU that it has processed over 1 year. 3 million TEU refers to 300 million container volume of 6.1m container box (Twenty-foot Equivalent Unit) and if the containers are connected in a line…
The Baltic Exchange is looking into launching a freight index for liquefied natural gas (LNG) and is working with leading ship brokers to explore potential shipping routes that might be used as the LNG market grows, the company said on Thursday…
LNG looms as the bridge to a ‘zero emissions’ future for shipping. The advent of industry wide tightening of allowable sulfur emissions is getting nearer. Suddenly, with the deadline now just one year away, the countdown clock will very soon be ticking much louder…
Digital transactions for the ocean shipping industry have arrived. Are you part of it yet? It may well be true that INTTRA is today the largest neutral electronic transaction platform, software and information provider for the ocean shipping industry…
The new sulfur, carbon dioxide limits will demand precise understanding by ship owners and operators. Globally, new regulations are coming into effect governing the Sulfur Oxide (SOx) limits and CO2 emissions. The International Maritime…
Swedish tanker owner Concordia Maritime has chartered in two more MR (ECO) vessels, while also extending the contracts for two of the currently chartered MR (ECO) vessels by a further year. A contract to charter out the P-MAX tanker Stena Performance has also been signed…
U.S. based owner of Handymax dry bulk vessels Eagle Bulk Shipping has announced that it has taken delivery of its newly acquired vessel, the M/V New London Eagle, a 2015-built CROWN-63 Ultramax. The acquisition has been funded by cash on-hand and new debt of USD 8…
Chabahar Port was very important for both India and Iran, and offered a win-win situation to both countries, Indian Minister of Shipping Nitin Gadkari said. A government press release said that Gadkari held bilateral talks with Dr Abbas Akhoundi…
Greece-based Tsakos Energy Navigation (TEN) has announced that it has sold for $65.2 million gross, through a five-year sale and leaseback transaction, the 2005-built Suezmax tankers Eurochampion 2004 and Euronike. The sale proceeds have been used to reduce debt and add $16…
A German-flagged container ship Hansa Meersburg ran into a crane while berthing at Keelung Port, Taiwan resulting in the damage of containers and port infrastructure, CNA reported. The 2007-built freighter, operated by German-based Leonhardt…
Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million (USD 96mln) from Bank Albilad, one of the fast-growing banks in Saudi Arabia…
