Shipping News
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Cargo ship with grain from occupied Berdyansk identified
Berdyansk, the first such shipment from the port since Moscow launched its invasion of Ukraine in late February. “After many months of idleness port renewed its’ work, first merchant ship has left Berdyansk commercial port with 7,000 tonnes of grain, destined for friendly countries,” said Evgeny Balitsky, the head of…
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Xeneta container rates alert: long-term shipping rates shrug off uncertainty to rise again
Oslo, Norway – It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June. Following on the heels of a record 30.1% hike in May, this now means rates stand 169.8% higher than this time last year, with…
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Full international return for Nor-Shipping 2023 with Asian pavilions and surging sales
Nor-Shipping 2023, taking place 6-9 June, looks set to build on the success of this year’s outing, with strong early sales and commitments from numerous national pavilions to return to the exhibiting fold. A total of 14 countries have so far secured dedicated pavilions to showcase local expertise, including Singapore…
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African teamwork by Inchcape smooths the way for faster port turnarounds
Deviations found by customs and immigration officials boarding vessels can result in cumulative fines of as much as $20,000 per vessel on average. People’s power is a vital factor in expediting port calls efficiently in Africa, according to Inchcape Shipping Services’ Area General Manager Adrian Richter. “Our greatest asset is…
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Maersk Drilling awarded a one-well contract with Shell in the UK North Sea
Maersk Drilling has secured a contract from Shell UK Ltd for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK sector of the North Sea. The contract is expected to commence in the second half of 2022, in direct continuation…
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Cosco bets on Trieste by starting new trains with Budapest
In recent days, the Chinese shipping company Cosco has operated the first of a series of new container trains that will be operated to and from Budapest, Hungary. Finally, Cosco’s interest in the port of Trieste is becoming strong and real” wrote the Chinese carrier announcing a short and intimate…
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A new container terminal starts in Port of Augusta
The delivery ceremony for the construction of the new container quay terminal was held at the Augusta registered office of the Port System Authority of the Eastern Sicily Sea. Various local authorities and institutions attended the ceremony “The planned intervention, which will last 1,200 days and cost 175 million euros…
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ZEBOX America opens North American HQ ,welcomes first Chort of Starups
ZEBOX America is opening its North American headquarters near Washington DC, in National Landing, Va. International accelerator cuts ribbon on flagship innovation hub. ZEBOX America also officially announces its first cohort of eight startups. ZEBOX, the global incubator and accelerator for the supply chain, logistics, mobility, and Industry 4.0 sectors,…
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CMA CGM and Port Authority of Singapore sign MoU
The CMA CGM Group, a global player in sea, land, air, and logistics solutions; and the Maritime and Port Authority of Singapore (MPA), on 22 June inked a Memorandum of Understanding (MOU) to initiate a collaboration on the development of capabilities and solutions across maritime decarbonization, digitalization, and innovation. The…
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World Food Program USA Appoints Cargill and Kastner Executives to its Board of Directors
“Cargill could retrofit five to 10 ships for wind but newbuilds are the ‘game-changer” Jan Dieleman World Food Program USA (WFP USA) today named Pilar Cruz, Corporate Senior Vice President and Chief Sustainability Officer at Cargill, and Brandon Rochon, Chief Executive Officer of Kastner and Chief Creative Officer of Fluent…
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