News


New ABB CEO: Committed to the Next 5 Years

New ABB Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday.Age or nationality was also not an issue in appointing the 60-year-old Swedish executive, Voser told reporters.

Containers Market to Grow by 6.5%

The shipping containers market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026, said a report.According to ResearchAndMarkets' latest report, the number of goods carried by shipping containers witnessed an extravagant grow from 102 million metric tons in 1980 to 1.

Europe Okays French Port Extension

The European Commission has cleared a French extension project for the Mediterranean port of Port-La-Nouvelle.The project involves the construction of dikes and a platform for the handling of heavy parcels,

Portico Adds New Equipments

Portico Shipping, the international cargo terminal in Portsmouth, UK, is taking delivery of by 4 x Terberg TT223 two wheel drive Terminal tractors in March 2020.These units will be supplied with rotating seats to facilitate improved driver comfort and operational efficiencies.

Meyer Werft to Float Out of Norwegian Encore Soon

Norwegian shipbuilder Meyer Werft announced that Norwegian Cruise Line (NCL)'s newest cruise ship Norwegian Encore will most likely be leaving the covered building dock II on 17 August 2019.The ship has a rating of 169,145 GRT and measures 333.

APM to Modernize Progreso Terminal, Mexico

The international container terminal operating company APM Terminals announced that APM Terminals Yucatán, operator of the Port of Progreso, Mexico, will invest to expand and modernize the Progreso container terminal, supporting trade growth and economic development in the Yucatan peninsula.

Rotterdam Port to Welcome Black Marlin

The heavy-lift vessel Black Marlin will arrive in the Port of Rotterdam on Monday 12 August.This semi-submersible vessel departed on Monday, 17th June Shanghai, on deck with eighteen Concordia Damen inland shipping vessel hulls and a Damen Crane Barge 6324.

China Fixes First U.S. Crude Cargo Since Latest Tariff Threat

Chinese oil trader Unipec chartered a supertanker to ship U.S. crude to China in September, trading sources said, the first such cargo since U.S. President Donald Trump announced additional tariffs on Chinese import, ending a monthlong trade truce.

Marad Seeks Input on Domestic Maritime CoE Policy

The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced progress in establishing Centers of Excellence for Domestic Maritime Workforce Training and Education (CoE), which

Youth Summer Boatbuilding Program at CCRI

The same students who could barely use a tape measure or screwdriver when they enrolled in the Community College of Rhode Island’s Youth Summer Boatbuilding Program successfully launched their finished products into Ninigret Park’s saltwater pond,

Port of Oakland Sets Import Record in July

Last month was the busiest in the Port of Oakland’s 92-year history for containerized import cargo.  The Port said it handled the equivalent of 90,598 20-foot import containers in July.  It was the first time ever that Oakland import volume had crossed the 90,

IMarEST’s MLA College Partners with BAU Global

The Institute of Marine Engineering, Science & Technology (IMarEST)’s education arm - MLA College - is partnering with BAU Global Education Network to deliver more marine distance learning to a wider audience around the world.