Latest News - page 1159

 

New Mississippi Container Terminal Planned

Mar 29, 2017

Plans have been put in motion to develop a new intermodal container terminal on the lower Mississippi River. Designed to service the largest ocean carriers, the new 1,000 acre container terminal will be capable of docking vessels up to 20…

Baltic Index Hits Two-year High

Mar 29, 2017

The Baltic Exchange's main sea freight index, which tracks rates for dry-bulk carriers, hit a more than two-year high on Wednesday as rates for panamax vessels rose.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

PDVSA Says Oil Shipments Unaffected by Port Spill

Mar 29, 2017

Venezuela's state oil company PDVSA said on Wednesday a spill at its main exporting port Jose had been halted without any impact on crude shipments from the terminal.'Operations of production and shipment of crudes from the Hugo Chavez Orinoco…

Freightos Raises $25 Mln Extension Funding

Mar 29, 2017

Freightos, a logistics technology company bringing freight online, has announced the completion of a $25 million Series B extension round, led by GE Ventures, with participation by additional investors that bring the company’s total funding to $50 million…

Nakilat Holds Fleet Officers Meeting in Doha

Mar 29, 2017

Nakilat held its bi-annual Fleet Officers Meeting (FOM) from March 27-28, 2017 at the InterContinental Hotel in Doha, Qatar.  Held in Qatar for the first time, the event was attended by about 50 Officers from Nakilat’s LNG and LPG fleets…

Silver Lining for the Multipurpose Shipping Market

Mar 28, 2017

Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of recovery are now evident with momentum expected to build over the next few years, according to the latest…

World's Largest Containership Delivered

Mar 28, 2017

The world's largest containership, MOL Triumph, was delivered to Mitsui O.S.K. Lines (MOL) from Samsung Heavy Industries on March 27, 2017. MOL's newest vessel, the first of a fleet of six 20,000 TEU-class containerships for the company…

“Twisties” to Aid Offshore Wind Logistics

Mar 28, 2017

DNV GL launched a new joint industry project (JIP) to develop a Recommended Practice intended to de-risk the adoption of “Twisties” and demonstrate the unitization of wind project cargo.  The innovative concept is called “Twisties” - a modular…

JNPT Gets Radiological Detection Equipment at Exit Gates

Mar 28, 2017

The Jawaharlal Nehru Port Trust (JNPT) in Mumbai has become the first major port in the country to install radiological detection equipment (RDE) at all its exit road and rail gates. An official press release said the Marine Department…

FMC's Doyle OKs Boxship Pact

Mar 28, 2017

Carriers are integral to the supply chain; shippers should review their options with all ocean carriersCommissioner William P. Doyle of the Federal Maritime Commission issued the following statement today, Agreement to go into effect March 30…

Greenock Ocean Terminal Aims to Double Its Business

Mar 28, 2017

Scotland’s deepest container terminal expects to double its business in the next five years thanks to the opening of £400million ‘sister’ terminal – Liverpool2. Owned by Peel Ports, Greenock Ocean Terminal – recognized across the world for…

Simulation: The Centre for Marine Simulation

Mar 28, 2017

The Centre for Marine Simulation,The Marine Institute of Memorial University155 Ridge RoadSt. John’s , Newfoundland Labrador, Canada Tel: (709) 778-0305Email: [email protected]: Captain Chris Hearn OverviewCMS…

Future Care CEO Discusses Tele-medicine for Maritime

Mar 28, 2017

Future Care, Inc. CEO Christina DeSimone presented at this year’s CMA Shipping 2017 Conference, held in Stamford, Conn., where she discussed the mitigation of crewmember medical claims utilizing innovative techniques, such as Tele-Medical Physician…

Hapag Lloyd-UASC Merger Hits Snags

Mar 28, 2017

A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that UASC's top shareholder Qatar remain committed to the deal for the long term, sources say.Hapag…

Baltic Index Streaks to Highest Level since 2014

Mar 28, 2017

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its gaining streak on Tuesday with a fresh more-than-two-year high, driven by strong demand for large iron ore vessels.The overall index…

Logistics News

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

MV Isle of Islay Begins Maiden Voyage to Scotland

MV Isle of Islay Begins Maiden Voyage to Scotland

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Associated Terminals takes a Pair of All-Electric Cranes

Associated Terminals takes a Pair of All-Electric Cranes

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The French Navy diverts a suspected Russian shadow fleet to Marseille-Fos port
Dutch airline KLM avoids Middle East because of rising tensions
Ship data shows that US naphtha is arriving in Venezuela, reviving heavy oil production.