Digital marketplaces dependent on broader spot adoption

Broader use of freight matching technology will come only when spot market buying becomes a  strategic tool in a shippers arsenal, rather than an act of desperation, multiple...

Weather, rail service woes cool US intermodal growth

 Poor weather, slower train speeds, service reductions, equipment shortage, and a more competitive truck market is poised to pull North...

Expansion sets Veracruz port for growth

The Veracruz expansion is the most prominent of 25 port upgrades planned by the Mexican government, at a cost of $5 billion in private and public money. (Above: A ship enters the port of Veracruz.) Photo credit: Shutterstock.com.Much-needed container capacity coming in the spring to the port of Veracruz in...

Front Altair's Crew Unharmed and Now in Iran

The crew of Frontline's Front Altair comprised 11 Russian, one Georgian and 11 Philippine nationals who are unharmed following an explosion, Frontline said on Thursday."They were transferred to an Iranian navy vessel and disembarked at a local Iranian port.

Two Tankers Attacked in Gulf of Oman

Two oil tankers were attacked in the Gulf of Oman on Thursday, leaving one ablaze and both adrift, shipping firms said, driving oil prices as much as 4% higher over worries about Middle East supplies.The Front Altair, carrying petrochemical feedstock…

DHT and Heidmar Halt New Bookings to Mid-East Gulf

Oil tanker owners DHT Holdings and Heidmar have suspended new bookings to the Mid-East Gulf, three ship brokers said, following suspected attacks on two oil tankers in the Gulf of Oman on Thursday.DHT has a large fleet of Very Large Crude Carriers (VLCCs) and Heidmar has a wide range of oil tankers.

Seawork: Aptly Named, Well Worth the Visit

Southampton, United Kingdom: It has been quite a few years since I last touched down in the UK; longer still for a visit on a maritime business trip. And, I don’t cross 'the big pond' casually for one these events. This morning, Seawork 2019…

Elenger Begins LNG bunkering in Helsinki

Elenger, the subsidiary company of the Eesti Gaas group operating in foreign markets, started LNG bunkering in the port of Helsinki.The ship being bunkered is the same that Eesti Gaas bunkers in the port of Tallinn, the shuttle Megastar, which…

SAL Fly High With New Extension

SAL Heavy Lift, a carrier specialized in sea transport of heavy lift and project cargo, has installed a Fly-Jib crane boom extension on MV Lone which will be used on an offshore wind project in Taiwan.The Hamburg-based company said in a press…

Algoma Expands Ocean Self-Unloader Pool

The provider of marine transportation services,  Algoma Shipping Ltd announced that the acquisition of the interest held by Oldendorff Carriers in the CSL International Pool including the three vessels owned by Oldendorff operating in the Pool has been finalised.As a result of the transaction…