Ports News

 

Panama Canal Launches Green Award System

Jul 24, 2016

The Panama Canal has launched the Green Connection Award, a new initiative to recognize customers who demonstrate excellent environmental stewardship, and to encourage others to implement technologies and standards to help reduce greenhouse gas emissions…

Thyssenkrupp Involves in Panama Canal Expansion

Jul 24, 2016

Thyssenkrupp supplied 14 innovative elevators for expansion of the Panama Canal , seven for each new lock complex, one of which is on the Atlantic side and the other on the Pacific.  Traffic through the locks will be monitored from two control towers that can be accessed via two elevators…

Antwerp Port CEO Scoops Baron Title

Jul 23, 2016

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium the title of baron or baroness is reserved for those who have made a notable contribution in a particular sector…

New CEO for Philadelphia Port

Jul 21, 2016

The Philadelphia Regional Port Authority Board has named Jeff Theobald, a veteran of the maritime industry, as its new Chief Executive Officer (CEO). Theobald, most recently the President and CEO for Ports America Outer Harbor Terminal, LLC…

NYK Selects INTTRA eVGM Service

Jul 20, 2016

INTTRA, the world's ocean shipping electronic marketplace, and NYK Line, informed that NYK has joined the rapidly growing INTTRA eVGM network for facilitating compliance with new container weight requirements adopted by the International Maritime Organization (IMO)…

Maersk Takes Business from India to East Africa Faster Than Ever Before

Jul 20, 2016

The Mawingu Express, Maersk Line's direct service from India to Kenya, offers the fastest transit times in the market and better port coverage to bring business closer to East Africa. 'Through our global connections coupled with superior customer care and market expertise…

UASC Rolls Out New India Subcontinent – Europe Services

Jul 20, 2016

UASC announced two new Indian Subcontinent – Europe services (IEC1 & IEC2), to better align with its customer's needs, providing a superior service between India Subcontinent and Europe with enhanced reliability and more competitive transit times…

ICTSI Australia Secures AUD398 Mln Loan

Jul 18, 2016

On July 15, 2016, Victoria International Container Terminal (VICT) signed a syndicated loan facility worth AUD 398 million (approximately USD 300 million) with seven leading global financial institutions, namely: Citibank N.A., KFW IPEX-Bank…

MPA Launches Inaugural Maritime Youth Festival

Jul 18, 2016

Senior Minister of State, Prime Minister's Office, Ministry of Foreign Affairs & Ministry of Transport, Mrs Josephine Teo officially opened the inaugural Maritime Youth Festival (MYF).  Organised by Maritime and Port Authority of Singapore (MPA)…

South Korea Mulls LNG Bunkering Hub

Jul 18, 2016

A group of South Korean companies including shipbuilders have come together to establish an association dedicated to developing liquefied natural gas (LNG) bunkering facilities and infrastructures including LNG-fueled vessels, says a report in the Pulse…

Indian Ports Record 6.2% Growth in Cargo Traffic Last Q

Jul 18, 2016

According to the Ministry of Shipping in India, the 12 major ports in the country together handled 159.0 million tonnes of cargo in the first quarter of the current fiscal (April-June 2016-17), against a cargo traffic of 149.74 million tonnes in the similar quarter of the previous fiscal…

Colbruno Elected Port of Oakland Board President

Jul 15, 2016

Michael Colbruno, a managing partner with the Milo Group of California, has been elected President of the Port of Oakland’s Board of Port Commissioners. The former two-term member and past chair of the Oakland Planning Commission was chosen unanimously by the seven-member Board last night…

First Post-Panamax Reaches SC Ports via Expanded Canal

Jul 15, 2016

Today South Carolina Ports Authority (SCPA) welcomed the Hannover Bridge, first post-Panamax size vessel to call Charleston after transiting the newly-opened Panama Canal expansion. 'SCPA is already benefiting from the upsizing of vessels in response to the expansion…

Port of Antwerp on the Way to Another Record Year

Jul 15, 2016

The port of Antwerp handled a freight volume of 108,317,922 tonnes in the first six months of this year, 3.6% more than in the same period last year. The container volume in TEU expanded by 4.4% while liquid bulk grew even more, by 8.4%, confirming…

Global Tonnage Continues to Grow

Jul 15, 2016

2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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