News


First-Quarter Returns From the Universal Port of Hamburg

This year’s first-quarter throughput total at the Port of Hamburg was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail.

Turkey to Impose Retaliatory Measures against US Tariffs

Turkey will impose counter-measures on the United States in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, the state-run Anadolu news agency said on Friday, citing officials from the economy ministry.

Kalmar Plans to Offer Fully Electric Lineup by 2021

 Kalmar, part of Cargotec, announces its commitment to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies.  According to the commitment Kalmar's full offering will be available as electrically powered versions by 2021.

Scorpio Tankers to Sell, Leaseback Five Product Tankers

 Scorpio Tankers announced that it has agreed to sell and leaseback three MR product tankers (STI Ville, STI Fontvieille and STI Brooklyn) and two LR2 product tankers (STI Rose and STI Rambla) to AVIC International Leasing Co.

MOL Logistics Signs Pact with Al Madina Logistics in Oman

 Mitsui O.S.K. Lines  (MOL) announced that its group company, MOL Logistics (Japan) has signed an agency agreement with Al Madina Logistics Services Company SAOC, which has developed its logistics business in Oman, which is expected to grow as emerging market.

South Carolina Ports Achieve Record April

South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April.

Seafarers Charity Appoints New South Africa National Director

South Africa National Director Seafarers’ charity Apostleship of the Sea (AoS) has appointed Nicholas 'Nicky' Barends as its new National Director for South Africa.Barends was commissioned at the Cape Town Seafarers Center chapel on May 5 by AoS Cape Town Port Chaplain Fr Gerardo Garcia.

New Rules on Ship Emissions Herald Sea Change for Oil Market

New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur,

KPI Bridge Oil Promotes Chambers to Marketing Manager

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has promoted Alysha Chambers from Group Marketing Coordinator to Group Marketing Manager.Chambers

Dallas Company Secures Permits to Expand Crude Export Hub at Texas Port

Jupiter MLP LLC, a Dallas-based logistics company, has secured permits to expand a crude export dock at the Port of Brownsville in Texas, the latest in a series of moves made by U.S. companies to tap into booming overseas shipments.

Diana Containerships to Sell Post-Panamax Vessel

Ship owner Diana Containerships Inc. announced it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2009-built vessel Hamburg,

Japan Plans Retaliatory Tariffs Against US

Japan is considering tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, media reported on Thursday.Such a move would signal Tokyo is ready to go beyond backdoor talks and pleas for exemptions from the U.