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... more
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... more
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,... more
On the home straight
If we can believe the published timeline, then Q1 / 2021 will see the dawn of a new era for Abu Dhabi Ports’ flagship, Khalifa Port. The quays are being extended and the fairway dredged, whilst new players are simultaneously entering the fray there. more
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... more
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... more
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... more
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... more
Two rating agencies on Jaxport's side
One of the Big Three rating agencies, Moody’s, has confirmed the Florida Port in Jacksonville's (Jaxport) rating. The mark remains at ‘A2 Stable’ credit rating. In its report, Moody's investor service put emphasis on the port’s diversity of business, stable revenue, favourable... more
Digital US contract platform goes Europe
The New York Shipping Exchange (Nyshex), a digital freight contracting platform for container shipping, has raised USD 13.5 million from investors to support further expansion of the business. The company reported that these means will be used to attract new shipper segments and... more