News


Bellships CEO Ulrich Muller Resigns

Norway's bulk ship operator and management company Belships ASA announced that its chief executive officer (CEO)  Ulrich Müller has resigned.The board of directors of the Norwegian bulker owner stated

Maersk Broker Buys Stake in NAODAN Chartering

Maersk Broker Bulk Chartering has bought a stake in a US-based dry bulk broker NAODAN Chartering and become a major shareholder.The dry cargo brokerage of NAODAN Chartering will continue to focus on the well-established and successful business out of the West Coast of the USA,

Port of Valencia Pilots IoT with MSC and Traxens

French start-up Traxens and  MSC Mediterranean Shipping Company is cooperating with its partner in a pilot project in Valencia to use an Internet-of-Things (IoT) network to improve the operational efficiency of the port.

Petronas Wants Malaysia to be Regional LNG Bunkering Hub

Malaysian oil and gas company Petronas plans to introduce liquefied natural gas (LNG) bunkering operations at the country from the second half of 2019.“As a major player in the LNG business, PETRONAS

Scorpio Bulkers Gets Work for SBI Hera

Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers,  announced that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers.

ICE to Launch Marine Futures Contracts Ahead of IMO 2020 Sulfur Cap

The Intercontinental Exchange will launch new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap by the International Maritime Organization (IMO) in 2020.The operator

Hispano-Chinese MoU for Ports

The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation

Brazil’s Itaqui Port and Panama Canal Sign MOU

The Panama Canal has signed a memorandum of understanding with the Port of Itaqui to promote the shipment of grains and other cargoes in the commercial route from Brazil through the Panama Canal to destinations located in the Pacific Ocean.

Chabahar Port Builds LPG Storage Tanks

The operationalizing of three investment projects will begin in Shahid Beheshti port of Chabahar this week, said a communication from the Iran government.Behrooz Aghaee, Director General of Ports and Maritime Affairs of Sistan and Baluchestan Province,

Shahid Ali Appointed as CEO Maldives Ports

Shahid Ali has been appointed as the new Chief Executive Office of Maldives Ports Limited.Maldives Ports Limited annouced the appointment through a twitter message which read: "On behalf of all the staff and management of Maldives Ports Ltd,

PSA, SUTD to Build NewGen Port Operators

Singapore's port operator PSA Corporation Limited (PSA) has signed a memorandum of understanding (MoU) with the Singapore University of Technology and Design (SUTD) to develop a pipeline of talent for the future mega port in Tuas.

Columbia Gets USD 229.23 mln for Port Projects

U.S. Transportation Secretary Elaine L. Chao announced 14 grants, which go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program.