News
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Breaking News : Maritime Authorities Convene To Enhance Measures To Combat Piracy In Asia
ReCAAP Information Sharing Centre (ISC) held its annual Capacity Building Workshop virtually for the maritime regulatory and law enforcement authorities (also known as Focal Points) of its member countries. The participants were from Asia, Australia and Europe. During the virtual Workshop, ReCAAP ISC and the participants shared the information and…
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Shipping : Ethiopian avocados shipped to Europe via Dutch cold chain
Ethiopia is known for offering ideal climate conditions for the year-round cultivation of vegetables and fruit like mangos, grapes and oranges. For a long time, the development of local horticulture was impeded by the vast distances that needed to be covered and unreliable transport. Last Saturday saw a true watershed…
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Ports :ABP invests to enhance operations at Port of Newport
Associated British Ports (ABP), the UK’s leading and best-connected port operator, has invested nearly £4 million in new equipment to enhance operations at the Port of Newport during the last 9 months As the UK continues to come to terms with the economic impact of the Coronavirus pandemic Associated British…
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Breaking News : Fareye raises USD 37,5 MN in series D
FarEye, a leading logistics SaaS platform for predictive visibility, today announced that it has raised an additional USD 13 Mn as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and…
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Breaking News : NYK-Operated Coal Carrier ‘J Mare’ Enters Tachibana Port For First Time
NYK-operated coal carrier J Mare entered Tachibana port for the first time. The vessel was transporting coal loaded at the port of Newcastle, Australia, to the Tachibana power plant of Shikoku Electric Power Co. Inc. J Mare was built at TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc., an affiliate of Tsuneishi Shipbuilding…
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Shipbuilding : Project to design and deploy new “Mosquito fleet”
A consortium of players in the blue economy have come together to launch a Joint Innovation Project to speed the design of a fast foil ferry, an innovation that promises a leap forward in zero-emissions, high-speed passenger ferry service. In this unique public-private partnership, three ports in Washington have joined…
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Ports : DP World announces resilient financial results
DP World Limited today announced resilient financial results for the six months to 30 June 2020 with like-for-like adjusted EBITDA growing 1% year-on-year. : Results Highlights Revenue of $4,076 million (Revenue growth of 17.7% on a reported basis). Revenue growth of 17.7% supported by acquisitions. Like-for-like revenue decreased by 11.6%…
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The Guardian: Cancer of the industry- Beirut’s blast proves lethal risk of abandoning ships
Cargo from the MV Rhosus caused the explosion in Lebanon’s main port – its crew say they were stranded aboard for a year The problems began the moment Captain Boris Prokoshev set sail aboard the MV Rhosus in 2013. He discovered that the ageing Russian-owned cargo ship, bound for Mozambique,…
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Incidents : MV Wakashio captain arrested as accusations emerge of misconduct
The 300 meters long Panama-flagged MV Wakashio ran aground off Pointe d’Esny, on the south-east coast of the island in Mauritius, on July 25th while en route from China to Brazil via Singapore on ballast condition. Police said that crew members questioned as part of their investigation informed them there…
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