Royal Caribbean International returned to the Port of New Orleans (Port NOLA) when the Vision of the Seas homeported at the Julia Street Cruise Terminal for its inaugural cruise Dec. 15, 2018. The 2,514-passenger ship will sail seasonal, seven…
Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…
APM Terminals Mumbai, the largest container terminal facility in India, has achieved a record of handling more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2018 for the first time since the terminal was commissioned in 2006…
Angola's Soyo liquefied natural gas (LNG) plant has resumed production after a 'controlled' shutdown, a spokeswoman for Angola LNG said on Tuesday.She did not specify why the shutdown had occurred and declined to say when the plant would load its first cargo after reopening…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday retraced from its six-week high in the previous session, weighed down by declines in capesize vessel rates.The overall index, which factors in rates for capesize…
Shell Oman Marketing Company SAOG signed an agreement with Port of Duqm Company SAOC (PDC) to develop fuel bunkering facilities and services.The downstream oil marketing company in the Sultanate said in a press release that agreement was signed by Dr…
Simulation exercises are proving to be a valuable tool to assist countries and port authorities to prepare for a wide range of potential threats and security situations.According to a press release, an interactive port facility/port security officer workshop in Panama City…
Maersk Line is expanding its commercial offering with the introduction of an extended liability solution, Value Protect, which will act as a substitute to regular cargo insurance, in protecting customers’ cargo.'Maersk is expanding its commercial offering and introduces Value Protect…
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…
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.The cost reduction, based on contract freight rate data provided confidentially by Asian…
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries.The warning comes following the fraudulent diversion of a significant sum…
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…
Russia's first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) is expected to dock at the port of Kaliningrad on Dec. 18, a source familiar with the matter told Reuters.The FSRU, called Marshal Vasilevskiy, is being…
Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany…
