BDI flying high
The Baltic Dry Index (BDI), the main index of the international dry cargo freight market, has maintained its upward trend for five consecutive sessions and recently surpassed the 2,000 point barrier, reaching 2,097 on 7 October. This is the highest mark since September last... plus
Bergé emphasises its offshore business
Logistics operator Bergé is promoting its “offshore” business with the Canary Islands as a global hub for the repair of oil rigs. Currently providing ship agency and logistics services to several offshore rigs and support vessels, Bergé has now made the Canary Islands the... plus
A service provider contract for naval forces
The German EMS-Fehn-Group company EMS Shipping & Trading has won the contract to be the global husbandry service provider for US Naval Forces Europe/Africa, in this case the US 6th Fleet. The total services contract of the Naval Supply Systems Command (Navsup) Fleet... plus
Highest box exchange in VICT so far
The job has been accomplished - with or without the cyberattack. At the Port of Melbourne and Victoria International Container Terminal, the ANL operated "CMA CGM Ural" with a nominal capacity of 10,622 teu has broken another record with the highest teu exchange in one... plus
K Line delivers donations to San Salvador
The Japanese carrier K Line, part of the ONE network, recently received the letter of appreciation for providing free ocean transportation of fire engines and ambulances donated to the Republic of El Salvador. The vehicles were donated by Japanese municipalities. Since 2014,... plus
La dernière ligne droite
À en croire le calendrier fixé, une nouvelle ère commencera au T1/2021 pour le principaux port d’Abu Dhabi, Khalifa. Le prolongement des quais et l’approfondissement de l’accès seront accompagnés de l’implantation de nouveaux acteurs. plus
KMT starts operations in Cameroon
The Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services (Ictsi), has started commercial operations at the multi-purpose terminal at the Port of Kribi in Cameroon, Central Africa. Located within the port of Kribi, KMT is... plus
Indian Register celebrates 10 years in IACS
This year, the Indian Register of Shipping (IR Class) marks ten years of full membership of the International Association of Classification Societies (IACS). Having been an associate member since 1991, IR Class became a full member in 2010 and has actively participated and... plus
JV for storage in Indonesia
A letter of intent (LOI) to set up a joint venture company has been inked by Chandra Asri Petrochemical Tbk (Chandra Asri), a major Indonesian petrochemical company, and the tank storage company Royal Vopak (Vopak). The collaboration aims at the construction of a new jetty... plus
Port indices climbing worldwide, says Drewry
British maritime analyst Drewry has drawn some conclusions out of the latest development of its global container port throughput index. In July 2020, the index crossed the level of 130 points for the first time this year, but did not reach the same mark as in 2019. Despite... plus