News

All gates belonging to the new locks being added within the Panama Canal Expansion in the Pacific side have been transferred.

Japan’s shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line) has signed a long-term time charter contract for a new 164,700m3 Moss type LNG carrier with domestic utility company Chubu Electric Power Co.

China’s Qingdao Port has inked an agreement with Brazilian mining giant Vale to establish a sister-port relationship with Vale’s Ponta da Madeira Port in order to boost iron trade between the two terminals.

OW Tanker A/S, a unit of Danish oil trader OW Bunker, has been taken over by Alba Tanker ApS

IMO’s Maritime Safety Committee approved, in principle, the draft International Code of Safety

Athens-based Stealthgas Inc. has concluded chartering arrangements

Oil major Shell might be facing a fine worth up to USD 3.96 billion

The Australian crew of the product tanker Tandara Spirit decided yesterday to end their sit-in and to sail the vessel from Port Phillip Bay, the crew said in an open letter published by the Maritime Union of Australia (MUA).

CMP said it was investing in a new type of daily shuttle service between Malmö

The Port of Rotterdam says its port tariffs will rise in the coming three years at half the rate of the inflation percentage, by a maximum of 1% per year.

United Arab Shipping Company (UASC) has named the industry’s

West Africa trade continues to acutely feel the pressure of the Ebola outbreak

Sweden’s Port of Gothenburg is aiming to increase the volume of paper

West African crude moves have shifted from the U.S. to Europe

Athens-based tanker owner and operator Tsakos Energy Navigation Limited (TEN)

The cruise industry continues to grow rapidly in Asia and many cruise lines are deploying more capacity in the region

Drewry’s new report Container Terminal Capacity and Performance

Denmark’s A.P. Møller – Mærsk A/S has entered the second phase of its share buy-back program

Media pressure, and particularly the posting of unverified stories

Port workers in Belgium have started a 24 hour strike today, 24th November 2014, which will end at midnight 00:00hrs, Inchcape Shipping Services (ISS) advised.