The International Maritime Organization (IMO) treaty enhancing communication between ships and ports to help shipments move more quickly, more easily and more efficiently has been ratified by Malaysia.According to the UN body, this brings the…
Singapore's maritime sector is preparing to ride the wave of digitalisation as a means to chart next phase of growth. The Maritime and Port Authority of Singapore (MPA) will focus on digitalisation to help companies innovate and improve productivity over the next three years…
Singapore has been ranked the world's top maritime capital for the fourth consecutive time in the Leading Maritime Capitals of the World (LMC) report. The Leading Maritime Capitals report for 2019 is with fresh insight on which maritime metropolises…
Alfa Laval PureBallast 3, the third generation of manufacturer Alfa Laval’s ballast water treatment technology, has received an updated type approval from the U.S. Coast Guard (USCG).Alfa Laval PureBallast 3 was awarded an updated certificate from the USCG on April 4…
US exports of crude oil have, since August 2018, continued to rise every month, with a new record high in January of 9.6 million tonnes. Exports rose in January on the back of increased sales to Europe, which rose from 2.7 million tonnes in December to 4…
The technology group Wärtsilä has launched its RS24 high resolution radar, the world’s first commercially available K-band maritime radar. By detecting far smaller objects and at a much higher radar resolution than conventional S or X-band radars…
Russian President Vladimir Putin on Tuesday invited foreign investors to take part in the construction of port infrastructure in Murmansk and Petropavlovsk-Kamchatsky that would serve the Northern Sea Route.Speaking at an Arctic forum in the Russian city of St Petersburg…
Dutch oil and chemicals storage company Royal Vopak has agreed to sell three terminals - Algeciras, Amsterdam and Hamburg - to First State Investments for 723 million euros ($812 million).'This divestment follows the strategic review of these terminals as announced on 17 August 2018…
The Gothenburg Port Authority launched a digital solution designed to make bunkering at the Energy Port easier and more efficient.The new ‘Bunkering App’ is one of the first in the world to offer this range of functionality, said a press release from the largest port in the Nordic countries…
A new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange (EIC) between ships and ports took effect from Monday (8 April 2019).The aim is to make cross-border trade simpler and the logistics chain more efficient…
The Georgia Ports Authority (GPA) in the USA has ordered a fleet of 20 Konecranes RTGs for the Port of Savannah, Georgia. When these cranes are operational, the Port of Savannah will operate a total of 178 Konecranes RTGs. Konecranes booked the order in the first quarter…
The call by AIDAcara on Sunday, April 7, marks the beginning of cruise season 2019 in the port of Kiel.Dr Dirk Claus, Managing Director at Port of Kiel (Seehafen Kiel GmbH & Co. KG) said: “The upcoming cruise season will be very exciting and we will welcome a lot of new ships to Kiel…
The Northwest Seaport Alliance (NWSA ), a marine cargo operating partnership of the ports of Seattle and Tacoma, has welcome the ZIM Ningbo to its North Harbor.Zim Integrated Shipping Services (ZIM) is expanding its presence at the NWSA by joining…
Revenue stability and capex plans are the main drivers of credit rating differences among Asia-Pacific ports, according to a new Fitch Ratings report. Leverage and debt structure also set apart the ratings.Revenue stability, due to strong volume or price attributes…
Australia's Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 50.3 million tonnes (Mt) for the month of March 2019, which was a 13% decrease compared to the same month in 2018.During March 2019, Tropical Cyclone Veronica closed the Port of Port Hedland for 92…
