Firm Takes Delivery Of First LNG-Powered Container

Firm Takes Delivery Of First LNG-Powered Container

Finland-based company Containerships, recently acquired by French CMA CGM, has welcomed into the fleet its first LNG-powered container vessel, M/S Containerships Nord, at Wenchong Shipyard, China. This is the first of a total of four LNG-fueled 1,400 TEU containerships, scheduled for delivery during the...
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Agency Explains New Seaports Development Agenda

Agency Explains New Seaports Development Agenda

The Ukrainian Sea Ports Authority has taken the next step in its development plans for the ports of Mariupol and Berdiansk in the Azov Sea. Namely, the authority, which was created for the integrated development of the port infrastructure of Ukraine,...
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NPA MD Task Stakeholders On Congestion At Seaports

NPA MD Task Stakeholders On Congestion At Seaports

The Managing Director of Nigerian Ports Authority, Hadiza Bala Usman, has called on terminal operators, shipping companies, port managers and allied stakeholders to do all they could to eradicate or at best mitigate the effects of the present congestion at...
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COSCO, Abu Dhabi Ports Open New Terminal

COSCO, Abu Dhabi Ports Open New Terminal

COSCO Shipping Ports and Abu Dhabi Ports on Monday inaugurated  CSP Abu Dhabi Terminal at Khalifa Port, adding Abu Dhabi as the regional hub for COSCO’s global network of 36 ports as part of China’s Belt and Road Initiative. This...
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US Imports Hit Two Million Containers In One Month

US Imports Hit Two Million Containers In One Month

Imports at the major retail container ports in the US have set another record reaching 2 million containers in a single month as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from...
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Grimaldi Gets New Car, Truck Carrier

Grimaldi Gets New Car, Truck Carrier

Italian shipping company Grimaldi Group has taken delivery of its newest Pure Car and Truck Carrier (PCTC) Grande Torino from the Chinese shipyard of Yangfan, Zhoushan.  According to the company, the unit is the first one from a series of seven sister...
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Maersk Explains 2050 Target For Zero CO2 Emission

Maersk Explains 2050 Target For Zero CO2 Emission

A.P. Moller -Maersk aims at having carbon neutral vessels commercially viable by 2030 and calls for strong industry involvement   Aimed at accelerating the transition to carbon neutral shipping, Maersk announces today its goal to reach carbon neutrality by 2...
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NPA Boss Seeks Improved Security At Seaports

NPA Boss Seeks Improved Security At Seaports

To curb high level of insecurity and threats in Nigeria’s Maritime domain, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called on all Ports Facility Security Officers (PFSOs) to double their efforts and remain ever vigilant....
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Firm Unveils New LNG-Fueled Ferry

Firm Unveils New LNG-Fueled Ferry

Spanish ferry company Baleària has splashed Marie Curie, its new smart ship with LNG engines.  The launching ceremony took place on Tuesday  at Cantiere Navale Visentini in Italy. The newbuilding is the company’s first ferry fueled by LNG that will oper...
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Evergreen Orders Four Feeder Vessels

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...
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A.P. Moller – Maersk Reports $10.1b Revenue In Q3

A.P. Moller – Maersk Reports $10.1b Revenue In Q3

For the 2018 third quarter, A.P. Moller – Maersk has reported growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd.  Growth in non-Ocean was at 15%, which now contributes...
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NPA To Terminal Operators: Be Part Of Trade Fairs, Exhibitions

NPA To Terminal Operators: Be Part Of Trade Fairs, Exhibitions

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has advised Terminal Operators to take advantage of Trade Fairs and Exhibitions as part of measures to promote their activities as  concessionaires in  the nation’s seaports.  Spea...
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Terminal Operator Explains $344m Revenue In Q3

Terminal Operator Explains $344m Revenue In Q3

Philippine terminal operator International Container Terminal Services (ICTSI) witnessed a rise in its earnings supported by an improvement in volumes in the peeriod ended September 30, 2018. For the third quarter of the year, revenue from port operations incr...
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APM Terminals To Offer 18m Shares For Sale

APM Terminals To Offer 18m Shares For Sale

APM Terminals Bahrain revealed its plans to raise around USD 32 million through its planned initial public offering (IPO). APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD 0.66...
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