Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK), the first company in the global shipping industry to issue labelled green bonds, presented its initiatives at a seminar conducted by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd…
The circular plastics hub in the Port of Amsterdam is expanding through the construction of a new plastics recycling plant. Plastic Recycling Amsterdam (PRA), a collaboration between Umincorp and Milieu Service Nederland, commenced construction of a plant this week…
Kalmar, part of Cargotec, has signed a contract with SPT Services Sdn Bhd, for an order of 41 units of Kalmar TL2 Terminal Tractors. The order was booked into Cargotec's 2018 fourth quarter order intake and scheduled for delivery in December of 2018…
Liebherr Maritime Cranes has delivered the first out of two LHM 550 to its neighbors in the Port of Rostock, Germany. Euroports Germany wants to increase its turnover considerably with the new cranes. Liebherr succeeded in finding a tailor-made solution for the requirements of the Euroports…
Stowage planning is an extremely hard discipline that is taught in an apprenticeship fashion within liner shipping companies. By utilizing each container vessel maximally and incorporating knowledge about stowage planning in both operational and commercial functions…
This year, TRAC Intermodal celebrates 50 years of delivering high-quality products and innovation since its founding in 1968 as Interpool, Ltd.TRAC Intermodal has been helping transform the global supply chain for half a century through advances in engineering…
Carnival Corporation announced it will launch four new cruise ships in 2019 across three of its leading global brands – Carnival Cruise Line, America's Cruise Line; Costa Cruises, the largest European cruise operator; and Princess Cruises, international premium cruise line…
Mr Pirojshaw Sarkari, CEO, Mahindra Logistics on the overview of the year gone by and outlook for 2019:“At Mahindra Logistics Limited (MLL) we believe that the year 2018 continued to be transformational for the logistics industry. This was due to enhanced governmental focus on the sector…
While there remains much debate as to what an autonomous future looks like in the maritime sector, one company, Sea Machines, is helping to pace the field with product development, partnerships and investment.Sea Machines Robotics announced…
Peninsular Arab country Qatar has said that it plans to invest more than $20 billion in the US energy sector over the next five years.According to a report in Reuters, minister of state for energy affairs of the energy-rich Qatar Saad Sherida Al-Kaabi…
The Managing Director of Nigerian Ports Authority, Hadiza Bala Usman, has called on terminal operators, shipping companies, port managers and allied stakeholders to do all they could to eradicate or at best mitigate the effects of the present congestion at the nation’s seaports…
Russian oil and gas company Gazprom and Japanese trading house Itochu have signed a memorandum of understanding (MoU) on the proposed Baltic liquefied natural gas (LNG) export project.'With this document, the parties confirmed their interest in potential cooperation in the framework of the project…
The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. The Port said today that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76…
APM Terminals set a new North American operations record this month with 27,846 TEUs handled on one vessel.This represents a complete discharge of the vessel for import cargo and a complete new load of export containers, in addition to empty…
Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong historical operational and financial performance…
