The Port of Tauranga, the largest port in New Zealand, reported profit after tax of more than $100 million for the first time.Group net profit was 6.7 per cent up on the previous year at $100.6 million, fulfilling previous earnings guidance…
The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…
The Coast Guard Captain of the Port San Juan set Port Condition X-RAY at 2 a.m. Monday for Puerto Rico and the U.S. Virgins Islands due to the possibility of sustained gale force winds greater than 39 mph from Tropical Storm Dorian that may arrive to the area within 48 hours…
Key metrics for a consolidating market of Multi-Purpose Vessels.The multipurpose sector has experienced a tough first half of 2019, following a trend of difficult market conditions spanning over a decade. Fallout from ongoing global political…
The international container terminal operating company APM Terminals implemented global waste management standards across all of its operations one year ago.The first tangible results from the company’s head office are now available and provide…
The largest port in Europe, the Port of Rotterdam has introduced new app for bunkering notifications with which paperless bunkering and informing the Harbour Master and Customs possible in one go.TimeToBunker App is bunker barge operator tool for electronic bunkering notification…
The largest cohort of 27 port masters, harbour masters and middle managers from maritime and port authorities from Africa, Asia, the Caribbean, Europe, Latin America and Oceania attended the sixth Maritime and Port Authority of Singapore (MPA) Academy’s Port Management Program (PMP)…
Top Russian oil producer Rosneft has put up marine fuel cargos for sale with the euro as the default currency, a tender document showed on Monday, in line with its plan to sell oil products in the single currency instead of the U.S. dollar.Rosneft said it had tendered to sell up to 70…
The Port of Esbjerg is expanding its crane capacity with the world's largest mobile harbor crane, the Liebherr LHM 800.The new machine has a total height of 48 meters and a boom length of 66 meters.Port Esbjerg already commands the largest fleet of Liebherr mobile harbor cranes in Scandinavia…
The Port of Johnstown will be a busy port over the next several months as vessels are delivering ENERCON turbine components for the Nation Rise Wind Farm project.The cargo represents a major business win for the Port, which completed a multi…
Kalmar, part of Cargotec, won a contract to supply Lineas Intermodal with two Kalmar Hybrid Straddle Carriers. The order was booked in Cargotec's 2019 Q3 order intake with delivery scheduled to be completed in Q1 2020.Being the largest private rail freight operator in Europe…
NYK Bulk & Projects Carriers Ltd., an NYK Group company and the only shipping company that owns and operates heavy-lift ships in Japan, signed a contract with Nanjing Jinling Shipyard Co. Ltd., which is part of the China Merchants Group, to build a pair of heavy-lift vessels…
Iran has deployed a naval destroyer with long-range cruise missile systems to the Gulf of Aden to provide security for Iranian ships travelling through the region, state-run Press TV reported on Monday.The ship will be accompanied by a logistical vessel and a helicopter carrier…
Iran has sold the oil from a tanker released by Gibraltar after weeks in the custody of British Royal Marines and the vessel's owner will decide on its next destination, IRIB news agency quoted an Iranian government spokesman as saying on Monday…
Galataport, a new cruise ship port in Istanbul, will open in the second quarter of next year after a $1.7 billion investment in the project, the venture's chairman Husnu Akhan said on Monday.He said Galataport, a joint venture by Dogus Group and Bilgili Holding…
