Dual blockchains for shipping tests interoperability

Two container carriers - CMA CGM and Hapag-Lloyd - that recently joined Maersk and...

Article 2: Trucking Freight Futures 101

This article provides a snapshot of the trucking freight futures market, starting with a summary of the basics about derivatives-futures and then diving into the specifics of trucking freight futures and their application for the key trucking market participants – trucking carriers, shippers, 3PLs and opportunistic traders/investors.

DP World Profits Up 27% in H1 2019

Dubai International Ports Group (DP World) announced a strong financial results for the first six months of the year ended June 30, 2019 and its profits soared by 27% to US$753.Acquisitions and growth in non-containerized revenue helped revenue climb to $3.46 billion…

Klaveness' CLEANBU Switch from Wet to Dry Cargo

Norway-based shipowner Klaveness Combination Carriers (KCC) has undertaken a wet-dry cargo switch, marking a first for one of its CLEANBU combination carriers.The vessel transported a full cargo of petroleum products (CPP) from India to Argentina…

DSME Wins LNG Carrier Order from Maran Gas

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a new liquefied natural gas (LNG) carrier order from Maran Gas Maritime, part of Angelicoussis Shipping Group. DSME said that the order from the Greek shipping company is for a 174…

PIL Fleet Wins ESI Certification

Singapore’s leading containership operator Pacific International Lines (PIL) has successfully attained Environmental Ship Index(ESI) certification for its fleet comprising of half a million TEUs.According to the shipping company, this is a major…

GloFouling Partnerships Project in East Indian Ocean

"The introduction of invasive aquatic organisms into new marine environments not only affects biodiversity and ecosystem health, but also has measurable impacts on a number of economic sectors" said Lilia Khodjet El Khil, head of the International…

Estonia's Eesti Energia to Import Novatek Gas

Estonia's energy group Eesti Energia is all set to import gas from Russia's largest private gas company Novatek via Lithuania's LNG terminal based in Klaipeda, which is operated by KN,  in September.The contract with the new Klaipeda LNG terminal user was signed on Thursday.

JAXPORT Acheives Record July

Jacksonville Port Authority (JAXPORT) announced that it has achieved its best ever July container volumes, with overall container movements increasing 19% compared to the previous July.More than 116,000 twenty-foot equivalent units (or TEUs…

Mexico's plan to limit double-truck weight raises capacity concerns

A proposal under consideration in Mexico’s legislature that would cut the permitted weight of double tractor-trailers by 12 percent to improve safety has...