Liebherr Invests in Hamburg Port
The Swiss multinational equipment manufacturer Liebherr, has officially opened its new service center in Hamburg. The center, comprising an area of 44,000 square…
Vasiliy Golovnin to Supply India's Antarctica Station
Russia's Far East Shipping Company (FESCO) and the National Center for Polar and Ocean Research (NCPOR) of the Ministry of Earth Sciences of India have extended…
Tallink Enters Singapore
Estonian shipping company Tallink Grupp has announced establishing a subsidiary in Singapore this week – Tallink Asia Pte Ltd – which is the group’s first subsidiary in Asia.
Antwerp Port, Amazon Test Drones
The SAFIR consortium of partners – Amazon Prime Air, Aveillant, C-Astral, DronePort, Elia, Explicit, Helicus, Port of Antwerp, Proximus, SABCA, Skeyes, Tekever and…
Expansion for Far East and Trans-Siberian Railway
FESCO Transportation Group, the largest intermodal transport operator in Russia, and Polish rail operator PCC Intermodal S.A. agreed on developing services of expedited cargo delivery from Japan…
Exmar Expects Two VLGCs Delivery in 2021
Belgium-based floating assets specialist Exmar said that it has two newbuild 88,000 m³ Very Large Gas Carriers (VLGC) on order at Jiangnan Shipyard (China) which…
Video: RoRo Vessel Overturns Off US East Coast
Four crew members are missing from a roll-on/roll-off cargo vessel that is disabled, overturned and has caught fire near Brunswick, Georgia, the U.S. Coast Guard said on Sunday.Twenty people have been safely removed from the ship, and the Coast Guard said it is working with local partners to locate the four crew still missing from the 656-foot vehicle carrier, MV Golden Ray, which began listing heavily and capsized with 23 crew and one pilot on board in St.
Iran Seizes Vessel, Holds 12 Filipino crew
Iran's coast guard seized a vessel for allegedly smuggling fuel in the Gulf and detained its 12 crew members from the Philippines, the semi-official news agency ISNA reported.The vessel was carrying n
ASCO Ships Completes Pirshagi Wastewater Treatment Plant
More than 90 percent of the construction works of the Pirshagi Wastewater Treatment Plant, funded by the Government of Azerbaijan and the Korea Export-Import Bank…
Hill International to Develop Thessaloniki Port
A consortium led by Hill International has won a contract from Thessaloniki Port Authority (THPA) in Greece to support major expansion works at Thessaloniki port.Hill International…
Castor Maritime Buys Korean Built Panamax
Castor Maritime, a global shipping company specializing in the ownership of dry-bulk vessels, announced that through one of its wholly-owned subsidiaries, took delivery of the M/V Magic Sun…
Pilbara Ports Throughput Up 6% During August
Australia's largest iron ore loading port of Port Hedland, operated by Pilbara Ports Authority, has delivered a total monthly throughput of 62.1 million tonnes (Mt) for the month of August 2019.
SFL Acquires Three VLCC Newbuildings
The international ship owning and chartering company Ship Finance International (SFL) announced that it has agreed to acquire three 300,000 dwt crude oil carriers…
Rotterdam Port to Host WPCAP
The first World Ports Climate Action Program (WPCAP) congress will take place in Rotterdam next May. The starting signal for the WPCAP was given in September 2018…
HHI to Deliver New LNG Carrier to TEN in 2021
Greek tanker company TEN announced that it is proceeding with the order of one-option-one 174,000cbm liquefied natural gas (LNG) carrier from Hyundai Heavy Industries…
IMO Workshop on e-Navigation in AsiaPac
The implementation of e-navigation - the user-friendly collection, harmonization and display of essential maritime information - will contribute to enhanced maritime…
Denmark Mulls Hormuz Naval Mission with EU Allies
Denmark's prime minister said on Friday that the Nordic NATO member is in talks with a number of European allies about an international naval mission in the Strait of Hormuz."We are looking into the p
Baltic Index Dips as Broad Demand Weakens
The Baltic Exchange's main sea freight index continued to fall on Friday, having broken a 10-day winning streak on Thursday, as rates throughout vessel segments eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 37 points, or 1.5%, to 2,462 points. The index on Wednesday hit its highest since Nov. 2010 at 2,518 points. It has nearly doubled this year.The capesize index dropped 87 points…
German NGO Calls on Malta to Take in Migrants
A German non-governmental organisation filed on Friday a court request in Malta calling on the government there to accept 13 Tunisian migrants who it said had been saved from a sinking boat in Malta's search and rescue zone.The NGO Sea Eye, which operates the rescue ship Alan Kurdi, called on Maltese Prime Minister Joseph Muscat to respect international law and order the immediate disembarkation of…
2Q Red Ink for CMA CGM Again
CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy.The French-based group said on Friday that it expected a better second half of the year, supported by previously announced plans to reduce costs and reorganise its shipping services.CMA CGM said it made a second-quarter net loss of $109 million…