CargoSmart, Cosco and Tesla in blockchain trial (9 APR 2020)
Apart from COSCO, Shanghai International Port Group (SIPG), and Tesla (Tesla) took part in the...
American Shipping Company closes $305 Mn refinancing for nine ships (10 APR 2020)
As explained, the refinancing is structured in two separate facilities with new and existing lenders....
MSC: Terminals, cargo operations not impacted by network outage (13 APR 2020)
“All MSC departments, terminals and depots are serving customers as usual and cargo is flowing...
Germany’s FSG Halts Operations due to Coronavirus (19 MAR 2020)
Germany’s shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has suspended all operations and production as the coronavirus pandemic...
Saudi Ports Global inks $1.87 billion deal for King Abdulaziz Port (14 APR 2020)
The SAR 7 billion (USD 1.87 billion) deal makes SGP the sole container terminal operator...
Carnival Cruise Line Inks 5-Year Agreement with City of Norfolk (21 FEB 2020)
US-based cruise line Carnival Cruise Line has signed a five-year agreement with the City of...
Contship Italia’s Terminal Operations Unaffected by Coronavirus Outbreak in Italy (25 FEB 2020)
Italian container terminal operator Contship Italia Group announced that terminal operations in La Spezia (LSCT),...
Bulker Detained in Philippines for Giving False Port Clearance Data (28 FEB 2020)
The Philippine Coast Guard (PCG) has detained a Panama-flagged cargo vessel after the ship’s captain...
Trafigura, Phillips 66 Create JV to Develop Deepwater Port in Texas (02 MAR 2020)
Phillips 66 and Trafigura Group have formed a 50/50 joint venture, Bluewater Texas Terminal, to...
Hapag-Lloyd, HHLA Forge Ties (11 FEB 2020)
German heavyweights Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA) announced that they will...