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Tag: shipping


Shipping

Port of Long Beach Boast 2nd Busiest Year

January 23, 2020

Via: World Maritime News

The figures point to a decrease of 5.7 percent from the record-setting pace logged in 2018. Trade tensions and tariffs were among the key factors impacting trade at U.S. ports over the past year, however, volumes managed to remain steady. […]


Shipping

Flex LNG Extends Charter for 2018-Built LNG Carrier

January 16, 2020

Via: World Maritime News

With this extension, the firm period under the time charter is until the end of the first quarter of 2021. The charterer also has remaining extension options. The time charter rate is variable as a function of the overall market […]


Shipping

Shanghai Remains World’s Top Container Port

January 16, 2020

Via: World Maritime News

Shanghai has held its top-dog position for the past ten years and aims to lead the way in the future as part of China’s commitment to restoring the Silk Road. The port overtook Singapore back in 2010 as the world’s […]


Shipping

Eagle Bulk Becomes Member of Getting to Zero Coalition

January 15, 2020

Via: World Maritime News

The alliance, comprised of more than 90 companies within the maritime, energy, infrastructure, and finance sectors, is committed to the decarbonization of deep-sea shipping, in line with the International Maritime Organization’s (IMO) greenhouse gas (GHG) emissions reduction strategy and the […]


Shipping

2019 Was a Good Year for US Ports

January 15, 2020

Via: World Maritime News

The Port of Corpus Christi, the 3rd largest port in the United States, said it ended 2019 with record tonnages for December of 13.8 million cargo tons and 122.2 million cargo tons for the entire year — a 16-million-ton improvement […]


Shipping

Imports at Top US Ports to Return to Normal After Year of Tariff Surges

January 13, 2020

Via: World Maritime News

“We’ll be more confident after we see the Phase One agreement signed, but right now 2020 looks like it should be back to what used to be normal,” Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy, said. […]


Shipping

Hyundai Samho Wins LPG Carrier Gig as Parent Sets Targets for 2020

January 3, 2020

Via: World Maritime News

Under the terms of the KRW 193.4 billion contract (USD 166 million), the duo is set for delivery by the end of April 2022. In a separate announcement, Hyundai Samho said that it had won a contract for the construction […]


Shipping

APM Terminals to Sell Rotterdam Terminal to Hutchison Ports

December 19, 2019

Via: World Maritime News

The terminal will be sold to another international port operating group, Hong Kong’s Hutchison Ports, which owns the adjacent ECT Delta terminal located in the Port of Rotterdam. As informed, the parties have agreed that APM Terminals Rotterdam will continue […]


Shipping

What Does 2020 Have in Store for Shipping?

December 18, 2019

Via: World Maritime News

The falling ratio has been ascribed to the slowing globalisation as well as increasing protectionist measures being implemented around the world, spearheaded by the US. Peter believes that the raised barriers to trade are here to stay as we enter […]


Impact & Regulations

European Commission to Extend Liner Consortia Block Exemption

November 21, 2019

Via: World Maritime News

The regulation, known as the Consortia Block Exemption Regulation (BER), is set to expire on April 25, 2020. According to the commission, the proposed initiative is scheduled to be finalized before the expiry date. The proposal will be subject to […]