World.
METRANS expands terminal in Poznań and significantly increases handling capacity
HHLA’s subsidiary METRANS has completed the extensive expansion of its terminal in Poznań/Gadki, Poland. Two new remote-controlled railway gantry cranes, extended and additional tracks, as well as expanded storage and service areas, have boosted the site’s capacity. Maximum storage capacity has risen from 8,850 TEU to 11,800 TEU, while the annual handling capacity has increased by almost 80 per…
SAFEEN Drydocks expands ship repair capacity with UAE’s largest Floating Dock
SAFEEN Drydocks, the shipbuilding and repair subsidiary of Noatum Maritime, has expanded its drydocking operations with the addition of a 230-metre floating dock at Zayed Port in Abu Dhabi. Designed…
Tankers: VLCC Market Trending Higher
LR2 The TC1 75kt MEG/Japan held flat this week with the index published around the WS565-568 level. A voyage west also remained steady with the TC20 90kt MEG/UK-Continent index climbing a modest by…
Vintage Tonnage Captures the Freight Premium
The defining feature of the current asset market is not limited to five-year-old tonnage trading above newbuilding prices. Repricing spans the entire age curve and intensifies with vessel age. VLCC…
Iran lets Iraqi oil tankers pass Hormuz as Trump claims “total control”
Iran has granted permission for a number of Iraqi oil tankers to transit the Strait of Hormuz following repeated requests from Baghdad, state news agency IRNA reported on Saturday. The concession…
Strategic changes in a key crude oil shipping lane as unrest continues
Iran has granted special permits to some Iraqi oil tankers seeking to pass through the Strait of Hormuz. With passage through the Strait of Hormuz, a key crude oil shipping lane in the Gulf, heavily…
IIno Lines announced delivery of LPG-Dual-Fuel Ice-Class VLGC “LUMI AURORA”
IINO Kaiun Kaisha, Ltd announce that "LUMI AURORA," an LPG dual-fuel Ice Class Very Large Gas Carrier (VLGC, the "Vessel") was delivered at Hanwha Ocean Co., Ltd.'s Okpo Shipyard. In its medium-term…
IMO calls for urgent action as piracy resumes in the Gulf of Aden
IMO Secretary-General demands immediate and unconditional release of more than 90 seafarers held captive. IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following…
OCIMF appoints Don Davis as Managing Director to support the next phase of maritime safety across the energy sector
OCIMF announced the appointment of Don Davis as its new Managing Director. Don joins the organisation at a pivotal moment, as OCIMF enters a new phase following the recent evolution of its mission…
John Denholm unanimously elected Chairman of the International Chamber of Shipping
The International Chamber of Shipping Board of Directors has unanimously elected John Denholm CBE as Chairman of the Board. The decision was taken at the ICS Annual General Meeting, held at…
Shipping groups want mines cleared, TSS restored for normal Hormuz traffic
Maritime traffic via the Strait of Hormuz will only return to normal levels when mines are removed and traditional routes restored, some of the world’s largest shipping organizations said June 18…
The Grimaldi Group’s car carrier vessel Grande Torino has left the Persian Gulf
The Grimaldi Group’s car carrier is currently sailing in the Indian Ocean en route to China. After more than 100 days of forced stay in the Persian Gulf due to regional tensions, this morning the…
Getting to zero coalition despite uncertainty, it’s time to “go, go, go”,
Around 70 members of the Getting to Zero Coalition gathered in Brussels recently to discuss how to move forward amid uncertainty. The message from the room was clear: industry is not waiting for…
New record for Danish Shipping Education 59 trainees graduate
At a celebratory ceremony in beautiful sunshine today, 59 trainees received their diplomas after completing the two-year Danish Shipping Education programme. The celebration took place in…
ABP Southampton marine excellence enables arrival of record beating cranes, further strengthening a key UK trade gateway
ABP Southampton’s expert marine operations team enabled the safe arrival of the Europe's tallest quay cranes at DP World Southampton today, demonstrating advanced pilotage, tug coordination and…
DP World launches Ecoroute to build more resilient, lower-emission global supply chains
DP World has launched EcoRoute, a suite of solutions that helps businesses optimise supply chain performance while reducing emissions by combining network design, lower-carbon logistics solutions,…
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