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Latest News - page 1101

 

France to Boost LNG Usage in Shipping

Nov 21, 2017

France will modify regulations on the natural gas to allow liquefied natural gas (LNG) bunkering to take place at ports, Reuters reported quoting Prime Minister Edouard Philippe. He said the country will consider changing fiscal rules on amortising investments in new ships or engine technology…

CMA CGM Adds 4 Vessels Under French Flag

Nov 21, 2017

CMA CGM has announced four additional ships under the French flag. The first among these will be a 20,600 TEU containership which will be named as CMA CGM Antoine de Saint Exupery. The other three vessels under French flag will be 22,000 TEU ships powered by liquefied natural gas (LNG)…

ZIM Pilots Blockchain-based Bill-of-lading

Nov 21, 2017

ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier…

Arctic LNG Carriers Delivered: RS Class

Nov 20, 2017

The construction of a series of Arctic LNG carriers under the technical supervision of Russian Maritime Register of Shipping (RS) is in progress: in November “Boris Vilkitsky” and “Fedor Litke” gas carriers were delivered to the customer and the keel of a new gas carrier was laid…

Finland's Manga LNG Terminal Gets First Cargo

Nov 20, 2017

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017.  The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…

Ship Operating Costs Stabilize: Drewry

Nov 20, 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review…

Optimarin Offering 5-year Parts and Service Guarantee

Nov 20, 2017

Norwegian-headquartered ballast water treatment (BWT) specialist Optimarin said it has become the first manufacturer to offer a five-year parts and servicing guarantee. It’s a move that, according to CEO Tore Andersen, has the potential to redefine…

Mombasa Port Traffic up 10 pct in Jan-Sept

Nov 20, 2017

Kenya's main port, Mombasa, handled 10.6 percent more cargo in the first nine months of this year, helped by an expansion of its handling capacity and a new railway system, the port’s management said on Monday. Activity in east Africa's…

Tomini Places Order for 3 Kamsarmaxes

Nov 19, 2017

UAE-based Tomini Shipping has increased its fleet size further with an order for three Kamsarmaxes. The 82,000 DWT ships are being built by Taizhou Kouan Shipbuilding Co, a successful private shipyard in China with over 40 years of shipbuilding experience…

Bahri Optimistic of Oil Tanker Market

Nov 19, 2017

Bahri, a global leader in transportation and logistics, is very optimistic about the future of the oil tanker market and it believes that there will continue to be demand for this market, said Mohammed Al-Sarhan, Vice Chairman of Bahri, who possesses extensive experience in oil and gas…

American Maritime for Puerto Rico Recovery

Nov 19, 2017

The American Maritime Partnership – the voice of the domestic maritime industry – today issued the following statement to set the record straight on the importance of American maritime for Puerto Rico recovery and the capacity and capability…

GPA Approves Savannah Port Expansion

Nov 19, 2017

The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U…

Cruise Ships & Environmental Risk: ‘No Silver Bullet’

Nov 18, 2017

LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.”  This was the key message that echoed across the panel of speakers at Thursday, November 16, 2017, IMMEDIASEA Shipping Debate Forum in London…

Boston Carriers Completes Contract of MV Nikiforos

Nov 17, 2017

Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East.  The contract contributed approximately 1,283,000 USD in the revenues of the Company…

International Ship Repair Facility at Cochin Shipyard

Nov 17, 2017

The Minister of Shipping in India,  Nitin Gadkari has said that Cochin is all set to become a global ship repair hub.  He was speaking at Cochin, after laying the  foundation stone for a INR 970-crore (USD 148 million) International Ship Repair Facility (ISRF) for Cochin Shipyard Limited…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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