Latest News for: Cargo shipping services


Why Shippers Can Renegotiate Some Long-Term Contracts But Not Others

The Maritime Executive 24 Sep 2022
After a year of highly profitable freight rates, the container shipping business appears to be normalizing ... “For example, these contracts may have minimum quantity commitment (MQC) the parties agree to fulfill over the course of the contract, but with no commitments as to which week the cargo will be shipped, or on which service.

Major fault detected in two cargo ships purchased by PNSC

The News International 22 Sep 2022
A ‘major fault’ has been detected in one of two cargo ships recently purchased by Pakistan National Shipping Corporation (PNSC) after spending Rs8 billion, reported local media on Wednesday.

ENL Consortium Win ‘Most Outstanding Maritime Company of the Decade’ Award

This Day 21 Sep 2022
“We have good people working with us and I am happy to dedicate this award t all of them – the hardworking, committed and patriotic staff of ENL Consortium, who work day and night to ensure that ships are promptly discharged and cargoes are delivered in good time to their owners.

Work Begins to Upgrade Germany’s Lubmin Port for FSRU Operations

The Maritime Executive 21 Sep 2022
The port of Lubmin typically services smaller ships carrying both bulk and liquid cargo. While it has six berths the port currently only handles ships with up to a 20-foot draft. Deutsche ReGas is responsible for the onshore facilities for the new LNG operation reporting that it needs to strengthen the port for larger ships ... ....

Iran shipping lines reports record freight volumes on Russia- India route

Press TV 13 Sep 2022
The IRISL said in its Tuesday statement that cargo shipping through the INSTC had expanded in recent months to cover 14 different ... The company said it had ordered four new container ships to service the rising volumes of cargo being transported on the Caspian Sea route.

ESLSE’s Jigjiga vessel marks new record in containerized cargo

Capital Ethiopia 12 Sep 2022
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) vessel sets a new record on containerized cargo shipment to Berbera Port ... In the budget year, the vessels that were operated by ESLSE were in good condition to carry out cabotage services for cargos in neighboring African ports.

Remarks by President Biden on the Bipartisan Infrastructure Law

The White House 12 Sep 2022
And we also have got Service Workers, Hospitality Workers, Machinists, Mechanics ... Three hundred thousand metric tons of cargo move through this airport annually, most of it shipped internationally. This airport also is part of a system that moves goods and services for key ...

The Y-Splitter Conundrum

The Maritime Executive 11 Sep 2022
Imbalanced Cargo Flows. Both ordinary containers and reefers are victims of imbalanced cargo flows ... Clever shippers have unplugged those empty reefers in China and simply filled them with general cargo bound for European and North American ports ... That’s because the ship, rather than the cargo owner, is responsible for the payment.

Babcock Partners with Hyundai Heavy Industries & Hyundai Mipo Dockyard

The Maritime Executive 09 Sep 2022
Babcock will design the cargo handling system for a range of ship sizes, specifications, cargo purities and voyage profiles to produce a highly efficient system, which has been optimised to minimise emissions and cargo loss – thereby reducing environmental impact.

Putin Sees Future With Asia and Claims Western Economic Decline in New Speech

Scheerpost 09 Sep 2022
What we need to do is make sure that ships are properly serviced and cargo is properly handled at each port along the route, and the traffic schedule is sustainable, predictable and reliable.

Japan's current account surplus plummets 86.6 pct in July, lowest since 1985

Xinhua 08 Sep 2022
According to the Finance Ministry, the country had a goods trade deficit of 1.21 trillion yen in July, and a service trade deficit of 790.8 billion yen. The services trade deficit, which includes cargo shipping and passenger transportation, expanded 26.2 percent ... Asia & PacificEuropeMiddle EastNorth AmericaSouth AmericaAfricaOrganizations Services.

Fresh Del Monte’s Network Shipping Ltd. Continues to Enhance Agile & Automated Processes in Collaboration ...

Enid News & Eagle 07 Sep 2022
“This technology partner gives the power to make better decisions thanks to its data integration and machine learning models, reducing friction, waste of time, and money,” said Francis Mc Cawley Foster, Head of Commercial at Network Shipping “Partners like Grydd only further our mission in being a reliable cargo solution to a wider audience.”.

China and India could take advantage of a Russian oil price cap and buy more ...

Business Insider 07 Sep 2022
He also said the Treasury Department is seeking a simple compliance mechanism for the price cap, adding that financial service providers must help enforce it. For the cap to work, participating countries would have to block insurance, finance, and other shipping-related services for seaborne oil cargoes that are priced above it.

Newest freighter makes Twin Ports debut

Duluth News Tribune 06 Sep 2022
The ship was expected to discharge its cargo of salt at EnviroTech Hallett Dock 8 in Superior and load iron ore at the Canadian National dock in Duluth, according to Jayson Hron, spokesperson for the Duluth Seaway Port Authority ... Box-shaped cargo hold among new ship's unique traits.

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