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UK Ship Register Modernization Begins

Jul 19, 2017

The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping…

New Long Beach Harbor Commissions Confirmed

Jul 19, 2017

The Long Beach City Council on Tuesday voted unanimously to confirm Mayor Robert Garcia’s appointments of Frank Colonna and Bonnie Lowenthal to the Board of Harbor Commissioners. Colonna and Lowenthal are both former City Council members…

Shipping Perks up at Port of Little Rock

Jul 19, 2017

June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month.  The main dock was busier as LSI worked 25 barges with over 37…

US Iron Ore Boosts St. Lawrence Seaway Shipping

Jul 19, 2017

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled…

June US-flag Great Lakes Shipping Unchanged from 2016

Jul 19, 2017

U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA).  However, this June’s shipments were down 3.6 percent from the month’s long-term average…

Mega Ship MOL Tribute Under BSM Management

Jul 19, 2017

Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196…

Baltic Index Gains for Seventh Straight Session

Jul 19, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for seventh session in a row on Wednesday supported by stronger demand for larger vessels. The overall index, which factors in rates for capesize…

Russian Think Tank: Oil Exports to Decline in 2017

Jul 19, 2017

A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise…

Egypt Agricultural Exports Rise 12% in 2017

Jul 19, 2017

Egypt's agricultural exports rose 12.1 percent during the first half of 2017, reaching 3.5 million tonnes compared to 3.1 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Wednesday. Egypt's agricultural exporters…

Qatar Seeks to Open New LNG Markets with Floating Terminals

Jul 19, 2017

Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals. Hoegh LNG, a developer of floating LNG import terminals…

US Officials Demand 'More Fair' China Trade Links

Jul 19, 2017

U.S.-China economic talks appeared off to a contentious start on Wednesday as senior Trump administration officials demanded a 'more fair' China trade relationship while both sides canceled news conferences previously planned to discuss outcomes…

Boskalis Bags Stockholm Norvik Port Contract

Jul 19, 2017

Royal Boskalis Westminster N.V. said it has been awarded a contract by Ports of Stockholm to construct the quay wall for the new Stockholm Norvik Port in Sweden. The contract value amounts to approximately €60 million ($69 million). The project…

ClassNK Singapore Celebrates 50 Years

Jul 19, 2017

ClassNK hosted an anniversary party on July to commemorate 50 years of its Singapore Office, established in 1967 to broaden the classification society’s service network in Southeast Asia. Held at the Mandarin Oriental Hotel, the evening…

New Bulk Terminal Opens at Port of Indiana

Jul 19, 2017

Executives from the Ports of Indiana and Metro Ports celebrated the grand opening of a new bulk terminal facility at the Port of Indiana-Burns Harbor. Metro Ports is now managing the loading and unloading of shipments along the port's East…

DHS Custom Passenger Ferry Launched

Jul 19, 2017

Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017.  This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered in the fall 2017 to service the New York and Connecticut waters…

Logistics News

Worley Joins Australia’s Westport Program as Marine Infrastructure Adviser

Worley Joins Australia’s Westport Program as Marine Infrastructure Adviser

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Shipping Companies Mull Return to Suez Canal

Shipping Companies Mull Return to Suez Canal

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