Japan and Russia plan to officially develop a freight transport route between the two countries via the Trans-Siberian Railway, the Yomiuri newspaper reported.The report said that the two governments aim to foster mutual economic cooperation by energizing the “third distribution channel…
Port Klang Authority (PKA) announced that the 2nd phase of the increase in Port Klang’s container tariff which was due to be implemented on 1st September 2018, will be deferred to 1st March 2019.The tariff review was approved in 2015 whereby an increase of 30% was to be carried out in two phases…
A freight distribution center placing high-demand logistics capability inside a global trade gateway will soon take shape here. The Port of Oakland said today that work should begin this fall on a long-awaited Seaport Logistics Complex.The…
The LNG carrier Stena Blue Sky was historical when it delivered its cargo to the first privately-owned LNG terminal in China.Chinese gas distributor, ENN invited the LNG carrier to become the first vessel to unload at the new Xin’ao Terminal in Zhoushan…
Japan’s Mitsubishi Corp has agreed to take a 25% interest in Summit's Bangladesh LNG import terminal project - which will be the country's second such terminal.The other 75% of the Summit LNG terminal will remain with Summit Corp.Mitsubishi…
Harvey Gulf announced the successful completion of liquefied natural gas (LNG) trials for the Conrad-built 2,200 cubic meter bunkering barge, Clean Jacksonville, using Harvey Gulf’s LNG Bunkering Facility in Port Fourchon, La.The box shaped…
Port Manatee and Carver Maritime LLC have entered a long-term marine terminal operating agreement for a 10-acre aggregate offloading facility at the Florida Gulf Coast port.The agreement, for as many as 20 years including options, was approved…
Hapag-Lloyd is investing in its container fleet and has ordered 11,100 state-of-the-art reefer containers. The new containers will be integrated to the company’s existing fleet of 91,000 reefer containers, with delivery gradually starting in August and to be finally completed by December 2018…
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue…
Kalmar, part of Cargotec, has secured an order to supply 15 units of container handling equipment to Shanghai International Port Group (SIPG).This order, including a total of 4 units of Reachstackers and 11 units of Empty Container Handlers…
The British Ports Association has published a sustainable development resolution, which commits to supporting the dual aims of a strong and healthy environment and a thriving economy.The BPA represents 350 ports, terminals and port facilities across the UK…
U.S. Trade Representative Robert Lighthizer on Thursday said he hopes there will be a breakthrough in NAFTA trade talks in the next few days, as the U.S continues discussions over the North American Free Trade Agreement.Lighthizer made the remarks at White House meeting of President Trump's Cabinet…
In 1921, Thomas Edison told Forbes magazine, “I have not failed. I’ve just found 10,000 ways that won’t work.” He could have been talking about Olmsted. That’s because, after more than 30 years of frustratingly slow progress, cost overruns and more than a few mistakes…
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades…
DP World, one of the world's biggest port operators, posted a 2.1 percent drop in first-half net profit on Thursday, and cautioned about geopolitical risks and recent changes to trade policies.U.S. President Donald Trump is taking a more aggressive…
