KGTL's ambitious investment plan

04 April 2024 million is allocated for the container terminal over the first decade. KGTL's investment strategy prioritizes optimizing shipping cost savings by streamlining terminal operations to shorten ship turn-around time and reduce demurrage charges. Enhanced...

• Type: Article
• Category: Ports & handling

Revolutionizing dry bulk shipping standards

04 April 2024 implementation of DryBMS, focusing on enhancing safety, security, environmental performance, and social welfare in the dry shipping sector. It will operate independently with a management team and governance model representing ship owners, managers, and...

• Type: Article
• Category: Markets & trade

China and India lead surge in thermal coal imports

04 April 2024 Rising power demand drives record-breaking imports (CW Group) Hellenic Shipping News informs of a significant uptick in seaborne thermal coal imports by China and India, reaching three-month highs in March amidst soaring domestic power demand. China,...

• Type: Article
• Category: Markets & trade

Montevideo port reaches cargo milestone

04 April 2024 Rail transport achievement revolutionizes pulp shipping (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Rurales El País shares a historic event at the Port of Montevideo as...

• Type: Article
• Category: South America

Dry bulk market dynamics shift amid Capesize rate decline

03 April 2024 Market insights and projections for bulk shipping (CW Group) The dry bulk market witnesses a shift in dynamics as Capesize rates experience a notable 40 percent drop, marking a rebalancing phase, according to Hellenic Shipping News. Breakwave Advisors...

• Type: Article
• Category: Markets & trade

KfW IPEX-Bank backs eco-friendly bulk carrier project

03 April 2024 Supporting fleet modernization for sustainable shipping (CW Group) Germany's KfW IPEX-Bank has committed EUR 42 million to aid Switzerland-based shipping group C. Armateurs, a part of the Cobelfret group, in modernizing its fleet with eco-friendly bulk...

• Type: Article
• Category: Markets & trade

Saltie Barbro G docks in port

03 April 2024 Port of Duluth-Superior welcomes irst Ship of the Season (CW Group) The inaugural "saltie" of the 2024 Great Lakes shipping season made its grand entrance into the Port of Duluth-Superior on Monday, marking the commencement of maritime activities in...

• Type: Article
• Category: Equipment & technology

Increase in bulk cargo traffic boosts Japdeva's prosperity

03 April 2024 Terminal gains momentum betwixt shipping challenges (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Semanario Universidad shares a significant growth in bulk cargo traffic...

• Type: Article
• Category: Markets & trade

Fujian Air China bulk carrier deal

03 April 2024 content you tried to access is only available to paid subscribers.","link":"1"}]CFi.cn reports that Fujian Air China Ocean Shipping (Group) announced its intention to sign an operating lease contract for bulk carriers and provide guarantees. In a move...

• Type: Article
• Category: Markets & trade

Ciner expands fleet with new Ultramaxes

02 April 2024 Ciner Shipping's ongoing partnership with New Dayang Shipyard (CW Group) Ciner Shipping has recently secured a deal for four additional ultramaxes at New Dayang Shipyard in China, continuing its long-standing collaboration with the yard, imforms...

• Type: Article
• Category: Equipment & technology

Forex woes hinder sugar imports

02 April 2024 deliveries, with only 107,120 tons unloaded in the first quarter of 2024. Despite orders from Brazil and the Netherlands, shipping data reveals minimal activity at Lagos Port Complex. As Nigeria ranks third in sugar imports, plans to bolster domestic...

• Type: Article
• Category: Markets & trade

AD Ports Group expands global presence

02 April 2024 CEO, Capt. Mohamed Juma Al Shamisi, underscored the dynamic growth period, citing significant developments in maritime, shipping, and logistics sectors. The group's financial performance underscores its success, with revenue soaring 112 percent to AED...

• Type: Article
• Category: Ports & handling

Trade and Domestic Cement Price Forecast Q2 2024

02 April 2024 of price adjustments in Brazil, significant fluctuations in Sub-Saharan Africa, and the notable rise in the Handysize shipping index. This report is invaluable for professionals within the industry, providing data on import,export, ex-works, and market...

• Type: Article
• Category: Webinars & meetings

Hantong secures six bulk carriers deal

01 April 2024 newbuilding segment. This milestone agreement underscores Pioneer Logistics' move to expand its fleet and diversify its shipping capabilities. By partnering with Hantong Ship Heavy Industry, known for its expertise and quality craftsmanship, Pioneer...

• Type: Article
• Category: Equipment & technology

Eagle Bulk Shipping insights

01 April 2024 Financial developments unveiled (CW Group) Citigroup downsized its holding in Eagle Bulk Shipping by 69.3 percent, owning 2,232 shares valued at USD 94,000 by the end of the period. Meanwhile, institutional investors like First Trust Advisors LP,...

• Type: Article
• Category: Markets & trade

Paradip port surpasses Deendayal

01 April 2024 long-standing dominance, Paradip's consistent growth propelled it to the forefront, with iron ore exports and coastal shipping contributing substantially to the surge in cargo volume. The historical significance of Paradip Port, commissioned in 1966 by...

• Type: Article
• Category: Ports & handling

China's graft probe rattles shipping giants

01 April 2024 shockwaves through maritime sector (CW Group) Yahoo! Informs of an extension of China's anti-corruption drive into the shipping industry as China COSCO Holdings reveals a government probe into one of its top executives, Vice President Xu Minjie. The...

• Type: Article
• Category: Markets & trade

Shipbuilding milestones reached ahead of schedule

01 April 2024 of schedule by China Shipbuilding Dalian Shipbuilding Tianjin Base and China Shipbuilding Trading for MSC Mediterranean Shipping. The construction process of the "MSC LELLA" exemplifies seamless coordination and proactive implementation, leading to a...

• Type: Article
• Category: Equipment & technology

GCC titans forge deal

01 April 2024 access is only available to paid subscribers.","link":"1"}]According The Maritime Standard, Stena Bulk, a leading tanker shipping company, announces a strategic partnership with a prominent Gulf Co-operation Council (GCC) investment institution. This...

• Type: Article
• Category: Markets & trade

Corrugated boxes lead E-commerce

01 April 2024 are reshaping the landscape of online retail, offering both strength and sustainability in every delivery. Corrugated shipping boxes are not just containers; they represent a pivotal shift towards sustainable packaging in e-commerce. With an emphasis on...

• Type: Article
• Category: Global