Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.However…
An innovative application of blockchain technology will be put to the test at the Port Community of Veracruz, Mexico by a team of researchers from the Texas A&M Transportation Institute (TTI) and dexFreight, a Florida-based blockchain and logistics startup…
Merseyside’s SeaKing Electrical is ushering in four new starters on the 10th anniversary of its apprentice training scheme. A grand total of 43 apprentices have now been employed by the marine electrical specialist. SeaKing employs more than…
Marking India’s first containerized movement on inland waterways, PepsiCo India became the first company to use containerized vessel movement for transporting products from its plant in Kolkata to the port in Varanasi. The first containerized vessel was received by Hon’ble Prime Minister of India…
A quarter of a century after opening the first distribution center in the Middle East, GAC Dubai officially unveiled its new purpose-built contract logistics facility, at Dubai South.The inauguration ceremony was held under the patronage of His Excellency Khalifa Al Zaffin…
Abu Dhabi National Oil Company (Adnoc) has awarded a 40 per cent stake in the Ruwais Diyab gas concession to French energy major Total.Adnoc group, for which the award is an important milestone to reach the target of 1 Bcfd of unconventional gas production before 2030…
A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018, stated the Port authorities.But can it last? That’s…
The modification of the Municipal Port Police Regulation, the Port Instructions and related forms come into force on the 12th of November 2018 said a press release from the Antwerp Port Authority.The port and the social context in which it operates are in a constant state of flux…
Navios Maritime Containers Inc. (Navios Containers) took delivery of Navios Miami, a 2009-built, 4,563 TEU containership in the last month.According to a press note from the growth vehicle dedicated to the container sector of the maritime industry the vessel was acquired for a purchase price of $13…
Kalmar's new all-electric terminal tractor is helping the Port of Long Beach (POLB) meet its eco-efficiency objectives while satisfying the commercial demands of the users of the second-busiest container seaport in the US.According to a press release from Kalmar…
Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI).The joint venture, ME Production China, will manufacture and install scrubbers in China and deliver…
Damen Shipyards Group said that it would lend its support to the Economic Development Board of the Drechtsteden.The board is a strategic collaboration between business, education and government in the Dredchtsteden area of the Netherlands –…
A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018.But can it last? That’s the question supply chain…
Palau International Ship Registry (PISR) is the latest registry to join the world’s largest international shipping association representing ship owners, operators, managers, brokers and agents. PISR has grown to become one of the premier SMART…
Kierstin M Lachtman is to take over as General Secretary of the Liberian Shipowners’ Council Ltd (LSC) in February 2019 from Joseph E Ludwiczak, who is retiring after 17 years at the helm.Kierstin, who will operate from the LSC offices in Dulles…
