Iron ore shipments to China from Australia's Port Hedland terminal, the world's biggest iron ore port, fell more than 5% in September from a month earlier, port data showed on Tuesday.Shipments to China totalled 36.05 million tonnes in September, down from 38.14 million tonnes in August, the Pilbara Ports Authority said.Overall iron ore shipments totalled 41.
Canadian National Railway (CN) and Taiwanese container transportation and shipping company Evergreen Line announced that their long-standing relationship of 27 years will continue with a new agreement extending their intermodal partnership.Evergreen and CN have long enjoyed a mutually beneficial partnership, with Evergreen calling at CN served ports such as Vancouver, Prince Rupert, and Halifax.
Watson Farley & Williams advised Bremen-based ZEABORN Group on its acquisition of all outstanding shares in its joint venture ZEAMARINE from partner New Mountain Capital, New York/USA.In May 2018, ZEABORN and Intermarine, a subsidiary of New Mountain Capital, merged their multipurpose and heavylift activities into a global joint venture named ZEAMARINE with offices in Germany, the USA, Denmark
Brisbane has launched the construction of the new International Cruise Terminal, heralding the start of a new era for Queensland's economy.The $158 million project is scheduled to open in October next year, with the potential to more than double Brisbane's cruise industry.Premier of Queensland Annastacia Palaszczuk said: "Building this one piece of infrastructure flows through our entire economy.
ABS and industry collaboration identify key challenges with ballast water management systems (BWMS) and provide insight into installation and operational best practices.ABS recently issued questionnaires and hosted Ballast Water Management (BWM) Workshops, receiving feedback from across the globe from shipowners and operators with BWM systems installed onboard their vessels.
The international ship management company Eastern Pacific Shipping (EPS) has joined force with entrepreneur network Techstars to launch the first global maritime technology start-up accelerator.The EPS MaritimeTech Accelerator will be based in EPS’ headquarters in Singapore and this mentorship-driven startup accelerator partnership will be the first of its kind to target the maritime industry
Technology group Wärtsilä said it will engineer, supply and install complete battery hybrid packages to two offshore supply vessels (OSV) owned by Norwegian-based operator Atlantic Offshore. The 746 kWh battery hybrid systems will be installed on the Ocean Star and Ocean Art at the Fitjar shipyard in Norway. The project is sceduled to be completed in early 2020.
Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field, Repsol Sinopec has been exploring reuse options for the facilities at Nigg Oil Terminal, including the jetty.
The international Christian charity working in ports across the world Sailors’ Society has welcomed a new Greek Ambassador to its fold ahead of the maritime charity’s plans to further expand its existing work in Greece.Costis Frangoulis, CEO, President and Founder of Franman, which provides ship building, consultancy and security services
The APM Terminals Maasvlakte II’s new rail service between the Rotterdam terminal and Venlo, a key logistics hub on the Dutch-German border has been a huge success so far, claimed the port operator.APM Terminals said that following the success of the initial five-times-per-week service, plans are already in place to scale this up to 14 times per week over the coming weeks.
Global intermodal freight transportation Industry is estimated to grow at a CAGR of 7.5% from 2018 to 2025 to reach USD 72.51 Billion.Last year (2018), the intermodal freight transportation Industry was valued at USD 43.70 Billion, said a report from the Global Reports Store. Intermodal Freight transportation consist two modes of freight including rail and truck which is used in applications
Watson Farley & Williams (WFW), an international law firm based in London, has advised NASDAQ listed Star Bulk Carriers Corp on the acquisition of 11 dry bulk vessels from Delphin Shipping LLC in a shares and cash transaction.Under the terms of the acquisition, the vessels that were built by Jiangsu Hantong between 2012 and 2014 will be acquired for an aggregate purchase price of US$139.