Britain's most centrally located deep sea port, the Bristol Port Company welcomes the Free Port concept as it has the potential to boost investment opportunities in and around UK ports.Recently, UK's International Trade Secretary Liz Truss announced…
Norwegian liquefied natural gas (LNG) transportation company Awilco agreed and signed a term sheet for the financing of its two liquefied natural gas carriers with an Asia-based company.The refinancing for the two 2013-built 156,000-cbm TFDEs WilForce and WilPride…
The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installation, said Hong Kong-based Pacific Basin Shipping Limited.The…
Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger Guenther the port facilities have handled nearly 1.5 Million TEU through the first half of 2019…
The European Commission has approved, under EU State aid rules, Romania's plans to grant EUR27.4 million investment aid to the Port of Galați, the largest sea-river port in the country.In April 2019, Romania notified the Commission of its plan to grant investment aid to the Port of Galați…
Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third-party business during the first quarter ended 30 June 2019, on a year- on-year basis…
Cambridge-based data visualization company GeoSpock is collaborating with the Baltic Exchange to build the world’s most advanced maritime spatial database.'This digital initiative will have a specific focus on shipping emissions, enabling…
Estonian shipping company Tallink Grupp has launched an international name search for its new shuttle vessel, the construction of which is due to kick off at the Rauma shipyard in Finland early next year (2020).According to the largest passenger and cargo shipping company in the Baltic Sea region…
The Port of Stockton in San Joaquin Valley, in the extended San Francisco Bay Area, has achieved certification from Green Marine, the largest voluntary environmental certification program for North America’s maritime industry.Certification recognizes…
To explore the opportunities in Coastal Tourism, the Shipping and Tourism Ministry may soon set up a committee that will think of strategies to promote cruises and sea sports, the government of India said.The Minister of State for Shipping Mansukh…
Following the friendly takeover bid for CEVA Logistics, the CMA CGM Group has implemented a turnaround plan which includes a new governance, a new brand identity and priorities reset. CEVA’s new operations center opened in Marseilles.The CMA CGM Group now holds 99…
Mediterranean Shipping Company’s MSC Jewel, the cleanest container ship to visit the United States, has stopped by the Port of Long Beach (PoLB).According to a release from the second-busiest container port in the United States, after the Port of Los Angeles…
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members…
U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U…
Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors…
