Shipping Eyes Brazilian Ore Exports
Following the plunge in dry bulk freight market, shipping companies are banking on increased iron ore exports from Brazil to China and India to shore up freight rates, reports the Hindu Businessline.
CMA CGM Launches West Africa Logistics Hub
French maritime transporter CMA CGM has opened a logistics complex, between the port and city of Douala, Cameroon, and set up a new firm to handle inland transportation in West African markets.
West Coast not to Hamper Hapag-Lloyd's Financials
The disruptions at West Coast ports in the U.S. caused by a labor dispute won’t do much harm to the financial results of the Germany’s biggest container shipping line Hapag-Lloyd AG…
Petronas, HHI Novation Agreement with MISC
Malaysia’s MISC Bhd and parent Petroliam Nasional Bhd (Petronas) have agreed to build new liquefied natural gas (LNG) carriers worth US$1.1 billion and charter them…
Kenya to Focus on Maritime Safety, Security
Kenyan government vowed to strengthen maritime safety and security to help exploit maritime resources. Kenyan President Uhuru Kenyatta called for closer cooperation…
Kenya to Start Port Lamu Construction
Kenyan President Uhuru Kenyatta said that the construction of the proposed Lamu port is set to begin next month, with the promise of more jobs and expanded regional trade.
