New ICTSI Terminal Ready For Larger Ships

New ICTSI Terminal Ready For Larger Ships

Manila International Container Terminal (MICT), the flagship terminal of International Container Terminal Services (ICTSI), is ready to handle some of the largest boxships with its new cranes. Three new cranes, a pair of Neo-Panamax quay cranes and a Post-Panamax quay...
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Commission Adopts Proposal On Ship Reporting

Commission Adopts Proposal On Ship Reporting

The European Commission has adopted a proposal with a view to increased harmonization of ship reporting requirements when calling at ports within the EU. Earlier this year, Denmark on behalf of 13 EU member states sent the commission a letter...
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NPA Explains Approved Agencies At Port Locations

NPA Explains Approved Agencies At Port Locations

As part of efforts to improve efficiency in port operations, the Vice President and chairman of the Presidential Enabling Business Environment Council, Professor Yemi Osinbajo has directed the Nigerian Ports Authority (NPA) to ensure that only eight federal go...
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Port Workers Begin Nation-Wide Strike

Port Workers Begin Nation-Wide Strike

Workers across Italian ports launched a 24-hour strike on May 11, voicing their dissatisfaction over the lack of lashing legislation enforcement and poor safety in Italian ports. The strike is lead by unions FILT CGIL, Fit Cisl and Uiltrasporti Nazionale,...
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ICTSI Posts $44.1 million Net Income In   Q1

ICTSI Posts $44.1 million Net Income In Q1

Drag from the new terminals has seen Philippine-based terminal operator ICTSI report a lower profit in the first quarter of 2018. The company said that its net income attributable to equity holders stood at USD 44.1 million, 15 percent less than...
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LNG Gets More Acceptance In Central America

LNG Gets More Acceptance In Central America

Central America and the Caribbean are taking an ever-growing role in the Panama Canal’s trade of Liquefied Natural Gas (LNG) amid increasing interest in the environmentally friendly and cost-efficient cargo to meet their energy needs. Peru and Trinidad and ...
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Obaseki Visits Gelegele Port Community, To Strengthen Security Ties With Police, Navy

Obaseki Visits Gelegele Port Community, To Strengthen Security Ties With Police, Navy

Edo State Governor, Mr. Godwin Obaseki, has said the state is working with the Nigeria Police Force as well as the Nigeria Navy to ensure a robust security architecture in Gelegele community as work progresses on the Benin River Port...
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Corporation Unveils Helix Terminal At Port of Barcelona

Corporation Unveils Helix Terminal At Port of Barcelona

Miami-based cruise company Carnival Corporation & plc officially opened its second cruise terminal at the Port of Barcelona on May 5. Located on the port’s Adossat wharf, the Helix terminal will accommodate Carnival Corporation’s new class of next-gene...
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Euroseas Okay Charter, Financing For New Bulker

Euroseas Okay Charter, Financing For New Bulker

Greek shipowner Euroseas has entered into a time charter contract for its newbuilding vessel, the 82,000 dwt Ekaterini. Under the agreement, secured through its subsidiary, the company’s 2018-built Kamsarmax bulk carrier has been chartered to a “highly r...
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Edo Secures Preliminary Financing Approval For Gelegele Seaport

Edo Secures Preliminary Financing Approval For Gelegele Seaport

Edo State Governor, Mr. Godwin Obaseki has said the state government has secured preliminary approvals for financing the development of the Benin River Port in Gelegele. Obaseki disclosed this when he received the Flag Officer Commanding Central Naval Command...
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Maersk Welcomes Medium Range Product, Chemical Tanker

Maersk Welcomes Medium Range Product, Chemical Tanker

Danish-based Maersk Tankers has welcomed into its fleet Maersk Capri, a newbuilding Medium Range (MR) product/chemical tanker. The 50,000 dwt ship, flagged in Singapore, was named on April 19 at the Samsung Heavy Industries shipyard in Ningbo, China. ” Maer...
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Hyundai Secures $407m Contract For Monaco’s Four Containerships

Hyundai Secures $407m Contract For Monaco’s Four Containerships

South Korean shipbuilder Hyundai Heavy Industries (HHI) has won a contract from Zodiac Group Monaco to build four containerships. The shipbuilding major said the contract was worth $407million. The four container carriers are scheduled for delivery by July 202...
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CMA CGM Confirms Investment In CEVA Logistics

CMA CGM Confirms Investment In CEVA Logistics

CMA CGM on Thursday confirmed its investment in CEVA Logistics, a global leading player in the logistics sector, on the occasion of CEVA’s initial public offering (IPO).   According to CMA CGM, “”This investment will take the form of convertible...
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Grimaldi Okays $400m For Six RoRos

Grimaldi Okays $400m For Six RoRos

The Grimaldi Group from Italy has ordered the construction of six RoRo vessels from the Chinese Jinling shipyard.  The sextet, worth USD 400 million, is scheduled for delivery in 2020, and forms part of the company’s ambitious fleet expansion plan....
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