New solution incorporates National Institute of Standards and Technology Cyber Security Framework (NIST CSF). ABS Advanced Solutions announced a first-of-its-kind cyber security solution to aid regulated maritime facilities in complying with US Coast Guard (USCG) guidance…
Fitch Affirms Port of Oakland, CA's Sr. Revs, Intermediate Revs and Bank Bonds Underlying CP Notes.Fitch Ratings has affirmed the following Port of Oakland, CA bonds:$637 million of senior lien revenue bonds at 'A+';$218 million of intermediate lien revenue bonds at 'A'…
Kristen DeMarco is JAXPORT’s Chief Commercial Officer. She is responsible for leading JAXPORT’s international cargo sales and marketing initiatives as well as tracking trends and issues related to maximizing the port’s business potential. DeMarco…
China's coal consumption is set to rise slighly to 3.89 billion tonnes in 2019 from 3.87 billion tonnes last year, the president of the China National Coal Association said on Monday.Wang Xianzheng made the forecast at an industry event in Beijing…
Full-year operating profit up by 32 percent.Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018 helped push operating profit 32 percent higher, lifting shares in the German group on Monday…
China's imports of U.S. soybeans nearly doubled in January from the previous month as cargoes booked after a Sino-U.S. trade truce arrived in the world's top oilseed importer, according to Chinese customs data published late on Monday.China brought in 135…
The recent call of the 2,500-TEU capacity Safmarine Nuba at the Matadi Gateway Terminal (MGT), an ICTSI Group company, opened the door to major new shipping system benefits for the Democratic Republic of the Congo (DRC).Deployment of a vessel…
Maastricht Maersk, the latest next-generation Triple-E vessel known for improved energy efficiency and environmental performance, has arrived for the first time to Rotterdam on her westbound voyage from Asia.Welcoming the maiden voyage of the most modern vessel in the fleet to Rotterdam…
The electrical capacity of the APM Terminals Barcelona has also been improved, leading to a reduction in CO2 emissions of 600 tonnes per annum, said the international container terminal operating company headquartered in The Hague.As part of…
Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U…
Jaxport, the port of Jacksonville, Florida, had its best ever January container volumes, with total container movements increasing 16 percent over the same period last year.Nearly 121,400 twenty-foot equivalent units (or TEUs, the industry standard…
The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile, the sale of bunker oil - fuel for shipping - in the bunker port decreased from 9…
Progress on the transformation of A. P. Moller - Maersk continued in 2018. Customers benefited from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to $39bn in 2018, an additional $12bn in turnover…
The Little Rock Port Authority (LRPA) and its stevedore partner, LSI, worked 39 barges and more than 58,000 net tons of cargo loaded or unloaded from barges.The slackwater dock handled 30 barges; nine were worked at the main river terminal. Commodities handled included nepheline syenite…
Global grains merchant Bunge Ltd reported a fourth-quarter loss on Thursday as fallout from the U.S.-China trade war dragged down soybean prices in Brazil.Shares of the White Plains, New York-based company slumped nearly 4 percent in premarket trading to $50…
