News


Diana Shipping TC Contract for M/V Coronis

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CJ International Italy Societa Per Azioni for one of its Panamax dry bulk vessels, the m/v Coronis, for a period of minimum 12 months to maximum 15 months.

Hapag-Lloyd Adds 11,100 Reefer Containers

Hapag-Lloyd is investing in its container fleet and has ordered 11,100 state-of-the-art reefer containers. The new containers will be integrated to the company’s existing fleet of 91,000 reefer containers, with delivery gradually starting in August and to be finally completed by December 2018.

DP World Gross Volume Up 4.8% for 1H 2018

Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018,  despite uncertainties in the container market.  On a reported basis, revenue grew 14.

Damen Shipyards Galati Celebrates 125th Anniversary

Damen Shipyards Galati has delivered over 1,300 vessels during proud history! On 15th August, Galati yard held a party for the annual celebration of Ziua Navalistului – Shipbuilder’s Day.This year the

Shanghai International Port Group buys Kalmar equipment

Kalmar, part of Cargotec, has secured an order to supply 15 units of container handling equipment to Shanghai International Port Group(SIPG). This order, including a total of 4 units of Reachstackers and 11 units of Empty Container Handlers,

British Ports Association Launches Sustainable Development Resolution

The British Ports Association has published a sustainable development resolution, which commits to supporting the dual aims of a strong and healthy environment and a thriving economy.The BPA represents 350 ports, terminals and port facilities across the UK.

Top U.S. Trade Official Sees NAFTA 'breakthrough' in Days

U.S. Trade Representative Robert Lighthizer on Thursday said he hopes there will be a breakthrough in NAFTA trade talks in the next few days, as the U.S continues discussions over the North American Free Trade Agreement.

Olmsted Online

In 1921, Thomas Edison told Forbes magazine, “I have not failed. I’ve just found 10,000 ways that won’t work.” He could have been talking about Olmsted. That’s because, after more than 30 years of frustratingly slow progress,

NORDEN Adopts SEDNA

Danish dry cargo and product tanker operator NORDEN has announced the selection of SEDNA as a new platform for transaction management and team collaboration. NORDEN will use SEDNA across its business,

USACE Approves Mississippi River Channel Deepening

The US Army Corps of Engineers (USACE) Director of Civil Works signed a memorandum to the Assistant Secretary of the Army (Civil Works) requesting concurrence with the finding that the recommended deepening

Roll Group Awarded Contract for Shipment of Three Boilers

Roll Group has been awarded a contract by Fagioli and Macchi for the transportation of three large boilers for the Gulf Coast Growth Ventures project. Presently the voyage from Porto Marghera (Italy) to Corpus Christi (USA) is scheduled to take place between August and September 2019.

Chinese Hackers Targeted US Firms, Govt after Trade Mission

Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters.