»Ardmore Shipping announces acquisition of two MR product tankers2014-06-12

Ardmore Shipping Corporation announced the acquisition of two second-hand 47,500 Dwt MR product tankers built in 2008 at Onomichi Dockyard Co. Ltd., Japan for a purchase price of $23 million each.

»Maersk calls for more investment in Indonesia's infrastructure2014-06-12

Denmark's Maersk Line has its eye on the Indonesia's container shipping market, but also said infrastructure development is much needed and the key to future growth, according to Shipping Gazette.

»OOCL will insist on ISO2 stardards for container seals2014-06-12

The current International Organisation for Standardisation (ISO) mechanical seal standard (ISO 17712:2010) has been changed to ISO 17712:2013, shippers were reminded by Hong Kong's Orient Overseas Container Line (OOCL).

»Indonesian terminal orders Konecranes ARTGs2014-06-11

Konecranes has signed an agreement to deliver an Automated RTG (ARTG) system to Indonesian state-owned terminal operator Pelabuhan Indonesia III (Persero), (¡°Pelindo III¡±).

»European Sea Ports Organisation backs box weigh-ins - if off-dock2014-06-11

The European Sea Ports Organisation (ESPO) approves of the UN's rule for mandatory container weight verification, but wants no part of the operation within its port precincts.

»Hutchison Rotterdam Delta Terminal congested, APMT picks up scraps2014-06-11

Hong Kong's Hutchison Delta Terminal in Rotterdam has suffered congestion and cargo flow disruptions expected to persist for weeks, according to Shipping Gazette.

»French mega port system at Le Havre scores with Indian shippers2014-06-11

Container industry prospects are on the up at the mega port complex of Le Havre as trade grows between India and the European Union.

»Rickmers Linie replaces Americas chief2014-06-11

The German shipping line Rickmers Linie has announced that Robert Sappio, president and CEO Rickmers-Linie (America) will step down, but retain a seat on the board of the American unit, according to Shipping Gazette.

»Singapore's PSA International opens Lianyungang container terminal2014-06-10

Singapore's PSA International has opened its new LYG-PSA Container Terminal (LPCT), at Lianyungang between Qingdao and Shanghai with rail and road links to central and western China, according to Shipping Gazette.

»Nationwide Brazilian dockers strike is expected to affect all ports2014-06-10

A nationwide Brazilian dockers strike is expected to affect all ports from June 10 causing delays with cargo operations unless a resolution can be reached with the Brazilian Federal Government, according to Inchcape Shipping Services (ISS).

»Long Beach appointment gives harbour commission first female majority2014-06-10

Long Beach Mayor Bob Foster has appointed Lou Anne Bynum to the board of harbour commissioners to replace Thomas Fields providing the body with its first female majority, according to Shipping Gazette.

»China drops vessel scrapping fee2014-06-10

China's introduction of a new scrapping subsidy regime in December has resulted in domestic cargo volumes increasing enough to offset 12 per cent lower trade demand from overseas down in the first quarter, according to Shipping Gazette.

»India scrap ship market is squeezed by exchange rates, steel prices2014-06-10

Weaker exchange rates and a slide in domestic steel prices in India have put downwards pressure on Alang demolition prices, although a number of deals were reported sealed at above US$500 per ldt (light displacement ton), according to Shipping Gazette.

»Chennai Port Trust slips into red2014-06-09

The Chennai Port Trust (ChPT) has posted a loss of US$29.39 million for the first time in 2013-14, following an overall drop in cargo and container traffic and a steep increase in expenditure.

»Qingdao Port makes weak debut2014-06-09

Shares in China's Qingdao Port International weakened in their Hong Kong trading debut on Friday amid concern that the company could be hurt by a probe into metal financing at the world's seventh busiest port.

»Freight boost forecast from El Nino threat2014-06-09

A potential El Nino weather phenomenon, which could wreak havoc on global crops, is set to disrupt shipping patterns and raise freight costs, leaving suppliers and importers to cover their food needs from longer-haul destinations.

»Greece shortlists Cosco, four others for Piraeus port2014-06-09

China's Cosco Group and four other suitors have been shortlisted as potential buyers of a majority stake in Piraeus Port Authority (OLP), Greek privatisation agency HRADF said.

»PSA's joint venture terminal in Lianyungang opens2014-06-09

The LYG-PSA Container Terminal (LPCT) was opened today by Lianyungang Municipal Party committee member & director-general of Lianyungang Port Authority Wu Yi Qiao, Lianyungang Port Group (LPG) chairman Bai Li Qun and PSA International Group CEO Tan Chong Meng.

»70-ton rig, 40-ton power unit moved from Southampton to Mundra2014-06-09

BDP International UK and Unique Global Logistics (UGL), its Indian project logistics unit, has moved a 70-ton rig trailer, 40-ton hydraulic power unit and equipment from Southampton to Mundra in Rajasthan, India, according to Shipping Gazette.

»Port applies for powers to deliver a great future for customers and community2014-06-09

A key milestone has arrived today with the submission by Dover Harbour Board of a Harbour Revision Order (HRO) to Government in order to increase its powers and deliver on its firm commitment to play a major role in the regeneration of both port and town.