News


Exports Recovery Bearing Fruit -Drewry

The northbound East Coast South America to Europe trade is on the mend heading into the Brazilian fruit export season, says research and consulting firm Drewry.   The latest container statistics for the Europe-East Coast South America trade shows that the southbound market continues to strengthen,

Eniram Inks Service Deal with Corsica Linea

Eniram, a Wärtsilä company, has signed a five-year service agreement with Corsica Linea to take them to the forefront of digitalization and performance management. The agreement covers the fleet owned and operated by Corsica Linea between Marseilles and Corsica.

OSMC Holds India Seafarers Conference

Oman Ship Management Company (OSMC) has staged a conference in India enabling seafarers to share best practices and expand industry knowledge.It comes as OSMC figures reveal growth in its managed fleet expanding from 27 to 38 in last two years, largely due to expansion in its chartering business.

China Unveils Huge Island Building Vessel

 China has has unveiled a massive island-building vessel, which has been called “a magic island-maker” by its designer and is considered the most powerful vessel of its type in Asia, the state media reported.

Cosco Shipping Ports to Build Freight Station at Khalifa Port

 Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) and Abu Dhabi Ports broke ground for the construction of a new container terminal at Khalifa Port during a high-profile event on Sunday, reported WAM.

Craig Group Sells Shipping Business

 Family-owned Craig Group, of Aberdeen, has sold its core North Star Shipping business to international investors  Basalt Infrastructure Partners in a move described as “restructuring for a new era”.   "North Star Shipping has been acquired by Basalt Infrastructure Partners.

Algoma Niagara Arrives Sept Iles Port

 Algoma Central Corporation, a leading provider of marine transportation services, announced that the first Equinox Class self-unloader, the seaway-max size Algoma Niagara, arrived at the Canadian port of Sept Iles, Quebec on November 1st.

APM Terminals Vado Aims to be Gateway to Central Europe

 APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe.

Reedy Joins DHT Holdings Board of Directors

DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company's 2020 annual shareholders meeting. In connection with Reedy's appointment, the company's board has increased to six directors.

Smith Maritime Hauls Equipment to Puerto Rico

Smith Maritime recently hauled a barge load of equipment on behalf of CAT5 Resources to help rebuild cellular communication infrastructure in Puerto Rico following Hurricane Maria.   Smith Maritime’s barge Marilyn Monroe was loaded at its terminal in Amelia, La.

Fitzgerald Named CEO of Maersk’s Container Unit

Sean S. Fitzgerald has been named Chief Executive Officer of Maersk Container Industry (MCI), effective January 1, 2018. MCI develops and manufactures refrigerated containers, dry containers and the Star Cool refrigeration machine for the global intermodal industry and is part of A.

Grain Trade Boosts Brazil's Itaqui Port

Brazil's Itaqui port, the country's closest deepwater gateway to the Panama Canal, has projected a rise in 2017 shipping volumes thanks to a record grain harvest and development of a new northern farming frontier.