All Hamburg Süd customers can use the new Remote Container Management (RCM) technology for their reefer container shipments. RCM monitors parameters such as temperature, relative humidity, and the concentrations of O2 and CO2 within the reefer container in real time…
Hurtigruten’s new hybrid battery powered expedition cruise ship MS Fridtjof Nansen has completed sea trials and will be completed earlier than expected. As a result, Hurtigruten is adding a series of shorter pre-inaugural voyages.MS Fridtjof…
Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refueling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total.Total will supply liquefied natural gas (LNG) and…
China-based Qingdao Port International Development has agreed to purchase a 33% stake in COSCO Shipping Ports (Abu Dhabi), a deepwater terminal located in Khalifa Port, for US$59m.Abu Dhabi Terminal is a joint venture company established in the United Arab Emirates…
Wilhelmsen has launched an early adopter program for 3D printed marine spare parts. A strategic move by the six early adopters, Carnival Maritime, Thome Ship Management, OSM Maritime Group, Berge Bulk, Executive Ship Management and Wilhelmsen…
Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years.From the start of 2020, ocean-going ships…
APM Terminals Moín made history when it welcomed the MSC Sara Elena, the largest container ship to ever berth in Costa Rica, measuring 300m long and a capacity of 8,000 TEUs.In 337 lifts, exports of key Costa Rican exports, included pineapples and bananas…
The city council of Rotterdam has adopted the revised Port Vision. The creation of economic and societal value and realizing sustainable growth form the core of the revised Port Vision.The revised Port Vision was approved by the Port of Rotterdam Authority’s Supervisory Board earlier this year…
MacGregor, the provider of maritime cargo and load handling services, has secured orders to provide MacGregor equipment to a European port development project and TTS products to a naval project.The orders has a total value of approximately EUR 8 million…
In a signed declaration, the Nordic ports have agreed to cooperate, exchange information and share approaches in a number of areas relating to the environment and climate. The Port of Gothenburg has joined a collaboration with ten other Nordic ports…
Freight rates down from multi-year highs as the market fundamentals make themselves felt.The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020.Demand drivers and freight ratesAfter peaking in September…
Shipments of limestone on the Great Lakes totaled 3.8 million tons in October, an increase of 11.4 percent compared to a year ago. Limestone cargos also bettered the month’s 5-year average by 8.5 percent.Loadings from U.S. quarries totaled 3…
Atlantic Container Line (ACL), a Grimaldi Group Company, has agreed a new 15-year contract extension for container and roll-on/roll-off operations at the Port of Liverpool until 2035. Peel Ports Group is making a significant investment at RSCT to accommodate ACL’s new fleet of G4 vessels…
The Port of Baku, Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor)…
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of the global port operator DP World, rang the market-opening bell at Nasdaq Dubai to mark the listings of two sukuks (Arabic name for financial certificates) and two conventional bonds worth $2…
