The Brazilian unit of Archer Daniels Midland Co on Friday said it had completed a 33 percent expansion in its Santos port terminal's export capacity to 8 million tonnes of grains per year. The company invested 280 million reais ($85.19 million) in the project…
Port Manatee and Guatemala are seeking to build upon their relationship in the wake of a visit from a Guatemalan trade commissioner.“Port Manatee is already an important hub for Guatemalan imports and exports, and we see substantial prospects for growth in this relationship…
Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump. The…
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency essentials via drone. A much talked about technology, with obvious applications for the shipping industry…
Safe Bulkers, in its Q1 financial results annoucements said that with the latest addition of Pedhoulas Rose, its fleet has increased to 38 dry bulk vessels.In January 2017, the company took delivery of Pedhoulas Rose (Hull No. 1146), a 82…
Liberia has confirmed its position as the leading flag of choice for Greek ship owners and operators, according to statistics produced by the independent research and information organisation Marine Information Services (MIS) in Greece. The…
Two workers lost their lives at the Chittagong shipbreaking yards in the last two weeks, bringing the total death toll this year to six workers, reports NGO Shipbreaking Platform. On 6 May, 26-year-old Shahinoor died at Jamuna Shipbreaking yard…
Eco Marine Power (EMP) has signed a Memorandum of Understanding (MOU) with a Singapore based shipping company to supply its Aquarius Management and Automation (MAS) + Solar solution. The solution will also include hardware and software that…
The Baltic Exchange has appointed a new chief commercial officer; Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on July 3. Sykes worked at Clarksons Platou between…
An attack on Yemen's Hodeidah port would push the country closer to famine as humanitarian agencies have no other way to deliver all the food and aid that is needed, a U.N. official said on Thursday. A Saudi-led military coalition has been preparing an assault on the key Red Sea port…
A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday. The ferry's Russian operators say it is purely a commercial venture, but it coincides…
A dozen ships from the Swiss high seas fleet are being sold off as the global shipping crisis takes its toll on the quirky remnant of landlocked Switzerland's efforts to ensure supplies of essential goods at times of international unrest. Worried…
German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters.The deal to create the world's fifth-biggest shipping company…
A look at international trade and cargo security provides a short primer on how to reduce unnecessary costs. Global Trade ChallengesThe global market is unbelievable in size and scope, and it is expanding with global demand for goods and the growing adoption of offshore-sourcing by major U…
The Daniel K. Inouye Institute honored U.S. Senator Jack Reed of Rhode Island on Wednesday, May 17 for his long-standing support of the American maritime industry. Joined by dozens of maritime and Senate leaders, Sen. Reed received the Daniel K…
