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Maersk, IBM Say 94 Organizations have Joined Blockchain Platform

Shipping group Maersk said on Thursday 94 companies and organizations have so far joined a blockchain platform developed with IBM aimed at boosting efficiency and limiting the enormous paper trail of global container shipping.

Japan Spot LNG Contract Price Hits 5-month High

The average contract price for spot liquefied natural gas (LNG) cargoes for shipment to Japan last month hit a five-month high of $10.00 per million British thermal units (mmBtu), Japan's trade ministry data showed on Thursday.

China's Commodity Imports Resilient, but Trade Dispute Looms

It's tempting to look at China's imports of major commodities in July and conclude that the strength is a sign that the escalating trade dispute with the United States isn't having much of an impact.While the first of the tit-for-tat tariffs came into effect in July,

Khaydukov Named President of PAO Novoship

The Board of Directors of Russian tanker shipping company PAO Novoship has elected Alexey Khaydukov as the company’s new President.Khaydukov replaces the firm’s previous President, Yury Tsvetkov, who stepped down from his role on August 8,

After Soybeans, EU Touts US LNG Imports to Woo Trump on Trade

The European Union said it was delivering on a deal with U.S. President Donald Trump to buy more U.S. liquefied natural gas (LNG) on Thursday but called on Washington to do more to make its prices competitive.

'Maritime Center of Excellence' Launched in Long Beach

Port of Long Beach and Long Beach City College leaders officially launched an new program this week to provide opportunities to local students seeking the employment skills they need to join the goods movement workforce.

CWT Solar Project in Port of Amsterdam

More than 41,000 solar panels will generate sustainable energy in the Port of Amsterdam for logistics services provider CWT. Spread across five locations, the panels will together form the largest solar project in Amsterdam.

Deep Casing Tools Re-enters Canada

Aberdeen-based oil field technology firm Deep Casing Tools (DCT), which specialises in the design and manufacture of casing and completion tools, has agreed a pact with a Canadian distributor, ProTorque Connection Technologies (PTCT).

Arkon Shipping Rolls-out New Chartering JV

German shipmanager Arkon Shipping has teamed up with a number of compatriot firms to form Arkon Allied Container (AAC), a new chartering joint venture.AAC was founded by Arkon Shipping together with the shipping companies Jüngerhans,

Vinalines Mulls USD 210mln IPO

Vietnam’s government is targeting to raise VND4.89 trillion ($210 million) from an initial public offering (IPO) of Vietnam National Shipping Lines (Vinalines) scheduled on September 5, 2018.According to an official release on Hanoi Stock Exchange (HNX), Vinalines will auction 488.

d’Amico International Sells, Leaseback MT High Loyalty

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers (Ireland) signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Loyalty,

Seaborne Reefer Trade Continues to Expand: Drewry

Despite moderating perishable seaborne trade growth, continued modal shift will sustain expansion in the containerised reefer trade and so support freight rate development, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2018/19 report, by global shipping consultancy Drewry.