News


Container Terminal Operators Forms Hong Kong Seaport Alliance

Hongkong International Terminals Limited, Modern Terminals Limited, COSCO-HIT Terminals (Hong Kong) Limited, and Asia Container Terminals Limited jointly announced the formation of the Hong Kong Seaport Alliance (The Seaport Alliance).

Japan's MOL Acquires Nordic Tankers

Japanese shipping giant MOL's Chemical Tankers unit has agreed to take full control of Triton-owned Nordic Tankers. The deal expected to close in February 2019.Denmark-based Nordic Tankers said in a press

TEN WIns Three Year Charter for Two Product Tankers

Greek shipping company Tsakos Energy Navigation (TEN) announced 36-month long charters with min/max provisions for two product tankers to a major oil concern.At a minimum, these two fixtures combined are expected to generate $33.

ABS Opens New Headquarters

Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and

NRF: Retail Imports Level Off After Rush to Beat Tariffs

Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Canaveral Port Authority: $108.5M Contracts Awarded for New Cruise Terminal

At a special meeting on Tuesday, the Canaveral Port Authority Board of Commissioners unanimously approved awarding Merritt Island-based Ivey’s Construction Inc. a $78.98 million contract for the Port’s Cruise Terminal 3 project and a $29.

CPA Selects Gateway as New Operator of State Pier New London

The Connecticut Port Authority (CPA) has reached an agreement with Gateway New London LLC for the long-term operation of State Pier in New London. The decision comes after a rigorous competitive selection

Kinnetik Partners with BASS to Optimize Marine Supply Chain

Kinnetik Solutions AS, has announced its business agreement with BASS Software Limited, the ERP solutions provider for shipping & offshore companies and developer of the BASSnet Fleet Management Systems version 2.

China Bans Open-Loop Scrubber Discharge at 'Some' Ports

China's maritime authority has banned the discharge of "wash water" used in ships to strip hazardous sulphur emissions from engine exhaust gases from Jan. 1 for some ports, according to a government document reviewed by Reuters on Tuesday.

South Carolina Ports Authority Marks 6.4% Container Volume Growth

The South Carolina Ports Authority (SCPA), which operates the Port of Charleston and other facilities, today reported 6.4 percent year-over-year container volume growth, with a record 2.3 million twenty-foot equivalent container units (TEUs) handled in 2018.

Bunker One Expands to Germany

Denmark-based marine fuel supplier Bunker One has announced the establishment of a new physical bunker entity, serving the German market.Bunker Holding subsidiary said that the business activities of

Gulftainer Names Fred Castonguay New Group CEO

UAE-based privately-owned port operator Gulftainer has appointed Fred Castonguay its new group chief operating officer to strengthen its growing ports and logistics portfolio globally.Castonguay previously