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Maritime 2050: Five Talking Points from the UK’s Vision for Shipping

The UK’s long-term vision for its shipping industry, Maritime 2050, was launched in January. What are the key takeaways from a document that aims to define UK shipping’s development for the next three decades? Secretary of State for Transport Chris...

Smart Vessel Berthing System to Facilitate Trade at Dubai Creek Launched

Dubai Customs has launched 'Smart Vessel Berthing System', a new disruptive berthing service for the vessels using the Dubai Creek (Khor Dubai). The vessels will load and unload their goods with the help of an advanced AI based service, built...

Bahri Takes Part in Breakbulk Europe 2019 in Germany

Highlighting its global presence and capabilities, Bahri, a global leader in logistics and transportation, has concluded its participation in Breakbulk Europe 2019 held from May 21-23 at Bremen, Germany. The company showcased its extensive range of logistics services and...

Svitzer Begins Landmark Trial Of New Line Handling Technology

Svitzer, the leading global towage operator, announced that it has begun landmark sea trials of a new ‘industry-first’ remotely operated line catching technology prototype. The new innovative mechanism is being trialled on the vessel Svitzer Trym, in the company’s...

Maersk Warns Trade Tensions Could Curb Shipping Growth

Danish shipping group Moller-Maersk today warned that trade tensions and an economic slowdown could put a brake on growth in freight movements. Seen as an indicator of global trade patterns, Maersk posted first-quarter results in line with expectations as a...

HIPL Acquires 76% Stake in Kribhco Infrastructure Limited in India

Hindustan Infralog Private Limited, HIPL, a joint venture between DP World and the National Investment and Infrastructure Fund in India, has announced the acquisition of a 76 percent stake in Kribhco Infrastructure Limited, an integrated multi-modal logistics operator in...

Saudi Arabia Completes Shipment Using Blockchain; Teen Trucker Proposal Faces Scrutiny

Saudi Arabia said it has completed its first shipment powered by blockchain under Saudi Customs pilot program with TradeLens. TradeLens is a joint program from Maersk (CXE: MAERB) and IBM (NYSE: IBM) to develop blockchain technology for shipping. The Saudi...

Ocean Rate Report: Rising Off Bottom, Still Far from Recovery

Trade conflicts and geopolitical risks are driving sentiment on ocean shipping rates, particularly in the container market. In liquefied gas sectors, propane transport to Asia is looking increasingly vibrant after a multi-year malaise, while natural gas transport appears to be coming...

Port of Hamburg – Strong First-Quarter Growth Powers Upswing

Seaborne cargo throughput reaches 34.6 million tons (up 6.0 percent) USA now second largest trading partner in container traffic Container throughput increases by 6.4 percent to 2.3 million TEU Hinterland traffic growth: 8.0 percent Germany’s largest universal port is again...

Shipping Minister: Ports Still Front & Centre

UK shipping minister Nusrat Ghani has responded to criticism of the government’s inability to focus on anything other than Brexit, to the detriment of the sector. Speaking at the UK Ports Conference, Ms Ghani said that while it’s “very difficult...
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Emirates Shipping Line Revises Down its War Risk Surcharge

Dubai-based Emirates Shipping Line has climbed down from its original, punchy war risk surcharge. The carrier was one of the first to implement war risk...

China on Track to Overtake Japan This Year as The World’s Top Importer of...

China is on track to overtake Japan this year as the world’s top importer of LNG, according to a new report from Banchero Costa. In...

Digital Shipping Register to Launch in Denmark in 2020

Denmark has kicked off the process of becoming one of the first in the world to have a digital register of shipping. According to the...