News


Freeport LNG Delays Start of Texas Export Terminal

Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept.

Bulk Carriers: Capesize Rates Surge

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, jumped 7 percent for the second straight day to a six-week high, perked up by surging capesize rates.

$252m Finance for LNG-Powered Tankers

 Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”).

Nor Lines Adds Calls at Rotterdam

Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1. The service

BIMCO: Trade War may change Soya Bean Trade Lanes

Soya bean trade lanes may change due to the ongoing trade war. The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.

Port Tampa Bay selected as Port Executive Management Center

The International Association of Maritime and Port Professionals (IAMPE) stated that Port Tampa Bay has been selected as the Port Executive Management Center for the State of Florida.  The Port will host

Maersk's Block Train Solution on Standard Gauge Railway

 A Standard Gauge Railway (SGR) train fully laden with 108 twenty-foot equivalent units (TEU) of Maersk Line Through Bill of Lading (TBL) containers arrived in Nairobi from Mombasa last 13 April. Compared to the Meter Gauge Railway,

Flex LNG Charters New LNG Carrier to Enel

 Flex LNG , a global shipping company  specializing in the ownership of LNG carriers, announced that through a  separate wholly-owned subsidiary,  it has entered into a time-charter agreement  with Enel Trade,

Port of Rotterdam Authority Launches New Pronto Application

 Port of Rotterdam Authority presented the first version of its new digital application Pronto. Pronto constitutes a major step forward when it comes to improving efficiency for the some 30,000 vessels that call on Rotterdam every year.

European Shipowners Welcome EU Trade Agreements with Japan, Singapore

 The European Commission presented trade agreements with Japan and Singapore to the Council to eventually be adopted.   The European shipowners are very pleased that the first step towards the conclusion of these agreements has been taken.

London Thamesport Boosts Short Sea Capacity

Dutch-based transport company A2B-online Container B.V. has added a fourth weekly sailing on its service between Hutchison Ports London Thamesport and Moerdijk in The Netherlands.  The new sailing is inaugurated today (18 April 2018) by the first call of the m.

Canadian National Railway to Acquire 350 Boxcars

 Canadian National Railway Company (CN) announced it will acquire 350 premium boxcars to serve growing demand from industrial customers across its North American network.  “These additional boxcars, combined with our new locomotives,