News


US warns Hong Kong about Iranian Oil Tanker

The United States has warned Hong Kong to be on alert for a vessel carrying Iranian petroleum that may seek to stop in the Asia financial hub, and said that any entity providing services to the vessel will be violating U.

Mariners Set to Strike at South African Ports

South Africa's transport workers union Satawu threatened a "total shutdown" at major ports across the country from Thursday after issuing a 48-hour strike notice for mariners over a payment dispute, the union said on Tuesday.

CMA CGM and MSC to Join TradeLens

Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) has announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk and IBM.

Two Mega Box Ships Call Abu Dhabi

CSP Abu Dhabi Terminal, a container terminal built and operated by China's COSCO SHIPPING Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month - cementing Abu Dhabi’s position as a global maritime hub.

Damen's Deep Cutter Suction Dredger Unveiled

Damen is well-known for its comprehensive range of standard dredgers, but it has now added a radically different design to its portfolio: a twin-hulled, deep cutter suction dredger designated the DCSD500.

Risk Drives Up US-Venezuela Cargo Rates

Two major shipping lines this month have raised their rates for transporting goods from the United States to Venezuela, according to three industry sources and two documents, as U.S. sanctions limit transit between the two nations.

More Shippers Join Maersk's Blockchain Solution

Two of the world's biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping.With Mediterranean Shipping Co (MSC) and CMA CGM,

Spirit of Discovery Completes Ems Conveyance

The new cruise ship for British Saga Cruises, Spirit of Discovery, along with ship building team at Meyer Werft, Germany completed the conveyance from the Papenburg shipyard along the River Ems to the open sea.

Adani Ports Q4 profit up 41%

Adani Ports and Special Economic Zone (APSEZ), India’s largest private multi-port operator, reported a 41.45 percent surge in its consolidated net profit to INR 1,314.19 crore (USD 188.4million) for the quarter ended on March 31, 2019.

Bumi Armada Profit Up 28.5% in Q1

Malaysia's offshore oilfield services firm Bumi Armada announced that its first-quarter net profit jumped 28.5% on-year, mainly thanks to joint ventures, lower cost of sales, and lower distribution costs.

ONE, PSA Open Magenta Singapore Terminal

The Japanese container shipping company, headquartered in Tokyo and Singapore  Ocean Network Express (ONE), recently held an inauguration ceremony with PSA Singapore (PSA) for the Magenta Singapore Terminal (MST).

Nieuw Statendam's Maiden Call at Kiel Port

The latest newbuilding of Holland America Line’s fleet (HAL) “Nieuw Statendam” arrived in the Port of Kiel from Stockholm for its maiden call in the last week, on Thursday morning (23rd May).During the on-board reception,