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LNG Powered ConRo Ship Delivered to Crowley

El Coquí is one of the world’s first ConRo ships powered by LNG (Photo: Crowley)

U.S. based Crowley Maritime Corp. has taken delivery of one of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG), from shipbuilder VT Halter Marine Inc. The Jones Act compliant El Coquí is the first of two Commitment Class, LNG-powered ConRo

CMA CGM Buys Stake in CSP Zeebrugge Terminal

(Photo: Port of Zeebrugge)

French container carrier CMA CGM announced Friday it has acquired from CHINA SHIPPING Ports Development Co. Limited, a wholly-owned subsidiary of COSCO Group, a 10 percent equity interest in CSP Zeebrugge Terminal NV, through its wholly-owned subsidiary CMA Terminals.CMA CGM is currently the major client

DP World, China Signs Agreement to Boost International Trade

Photo: DP World

An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.

Massive Outreach by Inland Waterways Authority of India along Ganga

National Waterways. Photo by Water Resources Information System of India

The Inland Waterways Authority of India (IWAI)  has set out on a massive public outreach initiative along river Ganga on National Waterway-1 to help push rural economy to connect with waterways.As part of a month long dialogue series extending from Varanasi to Haldia , a team of IWAI on 17 -18 July,

DP World Acquires India's Continental Warehousing

Photo: Continental Warehousing Corporation (Nhava Seva) Limited

Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.CWCNSL’s founders, the Reddy family, will retain

Singapore, Rotterdam to Strengthen Cooperation

The Maritime and Port of Authority of Singapore (MPA) and the Port of Rotterdam Authority (PoR) renewed their Memorandum of Understanding (MoU) on Cooperation in Information Exchange and Research and Development (R&D).  Photo courtesy of Port of Long Beach.

The Maritime and Port Authority of Singapore (MPA) and Port of Rotterdam Authority (PoR) renewed their Memorandum of Understanding (MoU) on cooperation in Information Exchange and Research and Development (R&D).Since the commencement of the MoU in 2015, MPA and PoR have been working together in key areas such as maritime cybersecurity,

Shipping Losses Continue to Fall

Graph: Allianz Worldwide

Large shipping losses have declined by 38 percent overall in the past decade, according to the Safety & Shipping Review 2018 by Allianz Global Corporate & Specialty (AGCS).Further, the number of total losses declined by 4 percent to 94 last year, the second lowest number in a decade.“Insurance claims have been relatively benign,

European Shipowners Welcomes EPA

File Photo: European Community Shipowners' Associations

The European Union (EU) and Japan signed the EU-Japan Economic Partnership Agreement during the 25th EU-Japan summit in Tokyo. The European Shipowners welcome the signing of a highly ambitious trade agreement between two of the world's largest economies.“At a time that unilateralism and protectionism are rising,

The Jones Act is Good for Puerto Rico -Report

(File photo courtesy Crowley)

After Hurricane Maria struck Puerto Rico with devastating force on September 20, 2017, a number of news reports claimed that the Jones Act had severely damaged the Puerto Rican economy, both over time and in the immediate aftermath of the storm. Now a new report examining the role of the Jones Act shipping industry before,

Liverpool2 to Receive New Container Services

Photo: Peel Ports

Peel Ports’ flagship deep-water container terminal, Liverpool2, will welcome its largest regular caller to date when 2M (Maersk and MSC alliance) introduce a new transatlantic container service to the port beginning July 22, 2018.2M is switching its TA2 service from Felixstowe to Liverpool on a temporary basis.

NYK Auto Logistics Pact with Adani Logistics

(Photo: NYK)

NYK Auto Logistics India (NALI), an NYK Group company, signed an agreement with Adani Logistics(ALL) to form a joint venture that specializes in the transportation of finished vehicles using automobile freight trains.The automotive production volume is expected to further increase in India, and there

Yilport Makes a Bid for Taranto Container Terminal

Image: Yilport Holding

 Yilport Holding has submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of Yilport Holding to operate the entire set of multi-purpose port facilities in the Port of Taranto.

Boskalis Bags New Contracts

Photo: Royal Boskalis Westminster N.V.

 Royal Boskalis Westminster N.V. (Boskalis) has acquired a sizable logistical management transport contract and has received a letter of award for the transport and float-over installation of an offshore platform with a combined contract value of approximately USD 65 million.   The global services provider operating in the dredging,

Euro Zone Trade in Goods Surplus Shrinks as Exports Drop

© Suttisak / Adobe Stock

Euro zone's surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States' tariffs on European steel and aluminium kicked in, official data showed on Monday.The European Union's statistics office, Eurostat, said the 19-country currency bloc had a goods trade surplus of 16.

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