Swedish-Swiss multinational corporation ABB has completed its acquisition of intrion, with the aim of boosting its expertise in fast-growing logistics automation market.intrion is a privately owned company headquartered in Huizingen, close to Brussels…
Odfjell Terminals entered into an agreement with Koole Terminals B.V. of the Netherlands (Koole) to sell its 100% ownership of Odfjell Terminals Rotterdam (OTR).The sale will generate USD 100 million of cash proceeds to Odfjell. Odfjell announced that the transaction has closed…
The global blockchain technology market in transportation and logistics industry to grow at a CAGR of 82.86% during the period 2018-2022.Blockchain technology is a cryptographically managed, distributed ledger system offered by vendors such as IBM…
The Georgia Port Authority (GPA) has unveiled a $2.5 billion plan to expand the capacity at the Port of Savannah to 8 million TEUs by 2028.GPA Executive Director Griff Lynch at the Savannah State of the Port detailed GPA’s 10-year, $2.5 billion…
This year has seen record-breaking performance at APM Terminals Gothenburg and the return of major shippers and consignees to the terminal. Progress is set to continue as efficiency increases through automation, including self-service gates…
Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports…
The Board of Commissioners of the Port of New Orleans (Port NOLA) and the Board of Directors of the New Orleans Public Belt Railroad Corporation (NOPB) approved separate resolutions authorizing nonbinding Cooperative Endeavor Agreements between Port NOLA…
The Maritime and Port Authority of Singapore (MPA) conducted a ferry emergency exercise to test the readiness of various agencies in responding to ferry mishaps in the Port of Singapore.More than 100 personnel from ten organisations (Annex) took part in the exercise at sea near Kukor Buoy…
Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063 TEU containership OOCL Ningbo, which has been renamed GSL Ningbo, following her redelivery by OOCL on September 17, 2018.The containership charter owner…
The European Sea Ports Organisation congratulates Prof. Kurt Bodewig on his nomination as European Coordinator for Motorways of the Sea and is looking forward to a fruitful cooperation to further enhance the European maritime transport dimension…
When a ship comes into port it may be the end of a voyage, but just the beginning of a range of administrative tasks that need to be completed.The port is unlikely to be the final destination for the cargo – which will need to be unloaded and forwarded in a variety of ways…
Bangladesh has put aside two smaller liquefied natural gas (LNG) projects with trading houses Gunvor and Vitol to focus on two larger LNG import terminals, one of which is already in use while the second will start up in March.Bangladesh has…
Georgia Ports Authority’s 10-year, $2.5 billion plan aims to expand the capacity of the nation's fastest growing and single largest container terminal from 5.5 million twenty-foot equivalent unit containers (TEUs) to 8 million.GPA Executive Director Griff Lynch detailed the growth plan…
Panamá Maritime Authority has installed three new sector lights and towers to improve the navigation safety of ships coming into Bays of Manzanillo and Las Minas on Panama’s Atlantic coast. The beacons, specifically constructed as marine aids to navigation…
The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies in the maritime sector to carry out joint inspection of vessels…
