BIMCO’s Chief Shipping Analyst, Niels Rasmussen, has revealed that Greek and Chinese shipping companies now own 34% of the global fleet’s cargo capacity, with Greek owners leading on cargo capacity.“The global fleet of cargo carrying ships consists of around 61…
North Sea Port has won the European Sea Ports Organization (ESPO) Award 2023 in recognition of its role in restoring nature in and around the port area to the benefit of the citizens and local community.The port won the ESPO Award 2023 for its…
The Biden administration is working closely with partner countries over sanctions on a Russian liquefied natural gas project in the Arctic as a January deadline looms on a wind down of transactions with the plant, a State Department spokesperson said on Wednesday…
President Vladimir Putin signed on Wednesday a decree transferring to Russia's state nuclear power company Rosatom state-owned shares of the Far Eastern Shipping Company, parent company of transportation group Fesco.Fesco was formerly controlled by Ziyavudin Magomedov…
The King's Speech on November 7 set out the UK Government's agenda for the coming political year, and the animal welfare charity RSPCA is pleased that a live export ban - via an Animal Welfare (Livestock Exports) Bill - was amongst the issues raised in the supplementary notes…
The world's largest RoRo shipping company Wallenius Wilhelmsen reports its vessel Torrens is the first to bunker B30 HSFO-biofuel in South Korea. The bunkering took place during a call at Masan Port as part of the vessel's regular sailing schedule…
A feasibility study has highlighted the potential for using clean ammonia to refuel ships, particularly iron ore carriers, visiting the Pilbara region of Western Australia.The study, commissioned by Yara Clean Ammonia (Yara) and Pilbara Ports…
Ocean Network Express (ONE) has obtained regulatory approval and completed its acquisition of a 51% stake in each of TraPac LLC and Yusen Terminals LLC (YTI), and a 20% stake in Rotterdam World Gateway (RWG).TraPac and YTI are container terminal…
Software holding company Bleecker Street Group (BSG) announced the acquisition of Marine Learning Systems, an eLearning technology and services provider.Marine Learning Systems is a trailblazer in introducing eLearning methodologies to the maritime sector…
Inchcape Shipping Services has acquired McKay Shipping Limited's share of ISS-McKay Limited, giving it full full ownership ownership of the joint venture that was set up in 2008to conduct core port agency business in New Zealand.ISS-McKay provides…
Danish shipping company DFDS announced it has committed to investing in battery-powered vessels to help decarbonize the maritime traffic across the English Channel.Following a meet between French Minister for Foreign Trade, Attractiveness and French Nationals Abroad…
For centuries, riverside communities, including the 'quilombola' descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses…
On October 18, 2023, Yara North America, Inc. transferred the operations of its Tampa Ammonia Terminal to Tampa Port Services, LLC (TPS).As a part of the terminal transfer, TPS purchased all of Yara’s operating assets at the terminal.The terminal…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP).The investments—part of the largest…
New York City is looking at ways to help shift freight transportation off of its busy roads and onto the waterways.The city's Department of Transportation (NYC DOT) and Economic Development Corporation (NYCEDC) on Wednesday jointly released…
