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Monday, September 16, 2024
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Port of Thessaloniki to handle megamax container vessels

The Port of Thessaloniki (ThPA S.A.) has awarded its contract for works on a sixth pier to serve Ultra Large Container Vessels carrying up...
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EU Could Close All European Ports To Russian Ships

European Union countries are considering a ban on Russian ships entering the bloc’s ports, aiming to tighten sea restrictions after a halt on air...
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Port of Hamburg: Seaborne cargo throughput recovers in 2021

After the previous year’s downturn caused by the corona pandemic, in 2021 the seaborne cargo throughput trend in the Port of Hamburg was more...
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Drewry: Container Port Throughput Index Hits Lowest Point Since February

Drewry’s latest assessment – February 2022 • In December 2021, the Global Port throughput index recorded 135.1 points , its lowest since February 2021 and...
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Norden expands into port logistics

NORDEN has entered port logistics, signing a major contract with mining company Comilog - a subsidiary of French metallurgical group Eramet. Over the 10-year agreement,...
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Ukrainian Port City of Mariupol Comes Under Fire

A residential area of Mariupol in southeastern Ukraine was hit by shelling on Thursday as residents worried that Russian forces will try to take...
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Antwerp project takes major next step towards halving CO2 footprint

Antwerp@C, an initiative of Air Liquide, BASF, Borealis, ExxonMobil, INEOS, TotalEnergies, Fluxys and the Port of Antwerp has the ambition to support industries’ efforts...
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CMA CGM to Rebuild and Operate Beirut Terminal

Lebanon has awarded France’s CMA CGM a contract to develop and operate the container terminal in Beirut port for 10 years, including plans to...
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APM Terminals Mumbai to increase container handling capacity

APM Terminals Mumbai also known as Gateway Terminals India (GTI) will invest US$115 million in infrastructure development that will increase the container handling capacity....
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Port of Long Beach Has Busiest January on Record

The Port of Long Beach kicked off the new year with its busiest January on record, boosted by efforts to successfully move aging cargo...
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Globus Maritime reports financial results for the second quarter

Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Pyxis announces full redemption of series a convertible preferred stock

Pyxis Tankers, an international shipping company, announced key shareholder and chartering updates. On September 6, 2024, the Company’s Board of Directors approved the redemption of...

TEN reports profits for the second quarter and first half 2024

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...

HMM plans to invest KRW $17.4 Billion to sustainable growth

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and drive itself to be a global green shipping and...

Genco enhances dividend policy

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced the removal of the...

Schuyler Line secures $17.1m US government contract

Schuyler Line Navigation was awarded a $17,155,000 firm-fixed-price, with reimbursable elements, for time charter...

DNV and Brinav signs MOU further broadening their autonomy collaboration

Classification society DNV and Navigation Brilliance (Brinav), signed a memorandum of understanding on autonomous...

Baltic index falls as capesize rates decline

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk...

​Cruise Lines International Association statement regarding tourism management measures in Greece

The cruise sector is a success story for Greece contributing 1.4 billion euros to...

Maersk Tankers to launch new Chemical Pool

On October 1st, Maersk Tankers will launch our new pool - Maersk Tankers Chemicals. “Supported...

US East Coast Ports Union meets over wage demand, preps for possible strike

The International Longshoremen’s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday...

Singapore permits night movement of containers at Pasir Panjang Terminal

Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a four-month trial, the Maritime and Port...

DP World enters retail and fashion logistics

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Indian Port Workers Call Off Strike, Agree New Wage Deal

Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on...

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