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Imports at Top US Container Ports End 2017 with 7 Pct Growth
Imports at the US major retail container ports grew 7 percent during 2017 over 2016.Posted On:9-Jan-2018
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MODEC Finds Partners for Brazil s FPSO Charter Project
MODEC inks deals with four compatriots to partner up on the FPSO charter project for the Sepia Area off Brazil.Posted On:9-Jan-2018
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STX Heavy Industries Eyes Capital Increase
STX Heavy Industries has decided to launch a new capital increase scheme.Posted On:9-Jan-2018
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Suez Canal Authority Extends Toll Cuts for Dry Bulkers
The Suez Canal Authority has extended the discount offered to dry bulk vessels until the end of 2018.Posted On:9-Jan-2018
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Abandoned tanker on the beach
Product tanker ELEKTRA is stranded on the beach of Pontang district coast, western Java west of Jakarta, since mid-December, seemingly abandoned by crew and by owner. The ship turned into local attraction, with fee-based sightseeing trips by local boats. Tanker is in ballast, no information on how did she end up on the beach, what happened to the crew, and are there any plans of salvage.Posted On:9-Jan-2018
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Injured Crewman Evacuated from Tanker off South Africa
A 38-year-old Filipino crewman has been evacuated from the oil tanker Grand Lady off Port Elizabeth, South Africa.Posted On:9-Jan-2018
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Port Kembla Coal Terminal Hit by Industrial Action
Members of CFMEU launched an industrial action at Port Kembla Coal Terminal in Australia on January 7.Posted On:9-Jan-2018
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Anti-piracy mission helps China develop its blue-water navy
China s 27th and 28th naval escort task forces have recently completed their mission handover in the Gulf of Aden. Anti-piracy operations by the People s Liberation Army Navy (PLAN) have become a constant in the area. And this has both immediate and long-term strategic implications for Beijing s military projection away from its traditional perimeter of action ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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World s leading port operator enters Ukraine
Port operator P&O Maritime, which is owned by one of the world s largest maritime logistics companies DP World, officially entered Ukraine. P&O Maritime, with Ukrainian investor SD Capital, purchased a controlling stake of LB Shipping towing company. The company was originally solely owned by two businessmen Andrey Stavnitser and Philipp Grushko, and is located at ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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DP World sees 10% growth
Global ports operator DP World on Sunday said will post 10 per cent growth in gross volumes for 2017 as it invested $1 billion (Dh3.67 billion) in capital expenditure last year to expand and diversify its business and explore smart technologies. “The recovery of global trade in 2017 has been stronger than expected and we ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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Indian ports set to double their profit, says Nitin Gadkari
Highways and Shipping Minister Nitin Gadkari said today. Addressing some 3,000 delegates at the Asean-India Pravasi Bhartiya Divas here, he highlighted the profitability of investments in Indian projects, and underlined the potential of a wide range of projects. For this year, we are expecting a profit of 7000 crore from port operations (as) all ports ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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Shipping s Digital Expectations in 2018
One of the most commonly misunderstood aspects of technology change is that it s disruptive. It s a myth. The best technologies integrate seamlessly. Not only because they re better, but because they are reflection of an unmet market need. However, technology adoption alone won t drive digital transformation. Moving to digitised operations and automating processes will drive efficiency ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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VLCCs: 2018 Marks Tough Start for Tanker Owners
Hot on the heels of a troublesome 2017, the new year has proven to be just as challenging for owners of the largest tankers. In its latest weekly report, shipbroker Charles R. Weber said that VLCC rates continue to sour as the market progressed into 2018 as rising levels of surplus availability in the key ...Posted On:9-Jan-2018
Credits: www.hellenicshippingnews.com |
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