04.10.2019

An "A-mark" for the Swedish Club

The Swedish Club reports that S&P Global Ratings has affirmed its 'A-' long-term insurer financial strength and issuer credit ratings. The ratings agency commented on The Swedish Club’s sturdy operating performance, driven by...
03.10.2019

UECC snaps up award for sustainability

The Greenports award for the most eco-friendly vessel was presented to “Auto Energy”, a UECC vessel, when she called at Bremerhaven (Germany) in September. The Greenports award 2019 to the vessel was announced at the sustainable...
03.10.2019

The next MLO LNG carrier for Yamal is ready

The naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China Cosco Shipping, was recently held at Hudong-Zhonghua Shipbuilding Group in China. As many participants in the Yamal LNG project looked on, the...
03.10.2019

First LNG transaction with the BLNG3 assessment

LNG traders JERA Global Markets and Vitol have carried out the first Atlantic LNG freight swap based on the Baltic Exchange's BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3...
02.10.2019

Ports of Auckland calls 2019 a "tough year"

Ports of Auckland has reported its results of the first six months. Group revenue rose slightly to NZD 248.1 million from NZD 243.2 million in H1/2018. The reported net profit after tax was NZD 53.9 million, considerably lower...
02.10.2019

Bridgehead for LNG bunkering in the USA

The technology group Wärtsilä will supply its LNG cargo handling system for a new 5400 sqm LNG bunker barge being built in the USA. The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin (USA) on behalf of...
02.10.2019

Heavylift from South Korea to Thailand

The handling and transport of an exceptional cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek (South Korea) to Map Ta Phut (Thailand), was done by project heavy lift carrier AAL. The units will...
01.10.2019

IRclass inaugurates branch in Doha

The Indian Register of Shipping (IRClass), a classification society, has opened a new affiliate at the Qatar financial centre (QFC) in Doha. The Middle East is one of IRClass’ important strategic markets outside of India. Via...
01.10.2019

Clarksons downbeat over maritime development

Clarksons Research has revised its forecast of growth of maritime transport in tonnes downwards, from the 2.9% foreseen in its spring report to 1.7%, as it has just published in the progress of its autumn report on shipping....
01.10.2019

New super vessels for P & O Ferries

The affiliate of DP World, P & O Ferries, is banking on new equipment. The company has signed a contract with Guangzhou Shipyard International worth EUR 260 million to deliver a new generation of ships on the English Channel....
30.09.2019

100,000 trucks across the seas

Talking about nuclear power doesn’t only make you popular these days. The building of the new Hinkley Point C nuclear power plant in the county of Somerset began this year. The transport of materials through the port of...
30.09.2019

India is hip again

Two new services, the South East India - Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will enter into operation in October. The IEX will provide the only direct connection between South and East India and...
30.09.2019

Bremenports awards Danish Terntank for sustainability policy

Of all the shipping companies that called at the ports of Bremen in 2018, Terntank from Denmark has the cleanest fleet. In recognition of these efforts, bremenports managing director presented the award for the “most eco-friendly...
30.09.2019

Pounds for ports

Overall, 16 ports across England are receiving a share of a multimillion-pound funding pot to help their preparations for Brexit on 31 October. The British department for transport (DfT) revealed the successful bidders of the...
27.09.2019

Container throughput index reaches surprising peak

In their flash estimate for August 2019, the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) indicate that the container throughput index has risen slightly to...
27.09.2019

Port of Long Beach launches incentive strategy

Every container counts: The port of Long Beach is launching an incentive programme for liners to move more boxes. The harbour commissioners were to vote on a paper of the port’s staff saying that the competitor, the port of Los...
27.09.2019

Green week in Barcelona coming to an end

In the port of Barcelona, APM Terminals has been celebrating the annual ‘Go Green’ event during the week of 23-27 September, which aims to raise awareness among the entire port community for the respect and protection of the...
26.09.2019

RSA is catching up

Internationalisation requires improved infrastructure in ports and in their overland transport links to the hinterlands. In South Africa, the venue of this year’s Fiata World Congress, these needs are creating a veritable...
26.09.2019

Ports throughput globally back on track

The London (UK)-based maritime consultancy Drewry sees a comeback on the rise. The global container port throughput index, which experienced a dip of around 2.5 points in June 2019, bounced back to 134.7 points in July 2019....
26.09.2019

Debate on European state aid for shipping sector

The report on the maritime subsidies of OECD countries published by the International Transport Forum (ITF) remains in the headlines. The main conclusions mostly address the EU state aid guidelines (SAG) and their application in...
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