U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U…
Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors…
The Port of Stockton in San Joaquin Valley has achieved certification from Green Marine, the largest voluntary environmental certification program for North America’s maritime industry. Certification recognizes the Port of Stockton’s commitment to continuously reducing its environmental footprint…
Starting August 1 and until November 30, 2019, the Panama Canal will promote the implementation of the International Maritime Organization’s (IMO) annual recommendations on speed and maritime transit aimed at protecting cetaceans, which include whales…
Hamburg is Germany’s biggest universal port and, with 9.9 million tons throughput in 2018, its second biggest inland port. For the first quarter of 2019, the recently published inland vessel data from the northern statistics office reports 34…
Belfast Harbour, the maritime hub in Northern Ireland, said that it has opened the first dedicated cruise terminal on the island of Ireland to cater for Belfast’s growing popularity as a cruise destination.Christened as Cruise Belfast, it is a partnership between Belfast Harbour and Visit Belfast…
Iran's Chabahar port expects 20% increase in cargo handling operations in the current year.The Director General of the ports and maritime of Sistan and Baluchistan, Behrouz Aghaei, announced the economic, marine, technical, and maintenance priorities of the ports of the province in 2019-2020…
The deep water port on the shore of the Pearl river (aka Zhujiang River), in the Nansha District in the Southern China, Port of Nansha doubled direct connection with North Europe and West Africa.The first navigation ceremony was held at the dock site on July 28…
Singapore-based port operator PSA International has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners.'PSA International Pte Ltd concluded the purchase of the terminal…
The global port operator DP World has accused the government of Djibouti of “complete disregard and contravention” of the global legal system as it plans to rule all international adjudications on the Doraleh Container Terminal null and void…
Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.The drop in Brent crude was the steepest in more than three years…
U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue.'Trade talks are continuing…
ZIM has announced a new service between Mexico, Caribbean and Central America, commencing on the second half of August, with the following rotation:Veracruz-Altamira-P. Cortes-Santo Tomas-Kingston-Rio Haina-San Juan-Kingston-Veracruz ZIM will operate 3 vessels in a weekly…
From August 1, 2019, GAC Sweden takes over the ship agency activities of SwedAgency AB throughout the country, in a move that will boost its operational presence in and around the capital Stockholm and extend its reach to Oxelösund.The transfer…
ABB has won a contract to supply ABB Ability Remote Diagnostic Systems for Marine to eleven Sovcomflot vessels operating in the Arctic and Russia’s Far East, helping optimize safety and performance through 24/7 remote support.Sovcomflot’s vessels will be among over 1…
