»Shortsea Containerships to use LNG-fuelled reefer ships in Europe2014-05-15

Containerships is to use liquefied natural gas to fuel its 1,400-TEU reefer ships on shortsea European routes ahead of next year's regulation to limit sulphur content to 0.1 per cent in emission control areas (ECAs) in the North Sea and Baltic Sea regions.

»NOL reports year-on-year improvement in 1Q 2014 Core EBIT2014-05-15

NOL Group reported a 14% improvement in its first quarter 2014 Core EBIT (Earnings Before Interest, Taxes and Non-Recurring Items), narrowing its loss to US$65 million from a year ago.

»Port of Virginia surpasses 200,000-TEU mark in April2014-05-15

The Port of Virginia in April was in positive territory across-the-board in all of the monthly cargo measures it tracks including double-digit TEU growth that made April the third best month in the port¡¯s history. John F. Reinhart, CEO and executive director of the Virginia Port Authority said he was ¡°cautiously optimistic¡± by the report.

»Morrison named Assistant Managing Director at the Port of Long Beach2014-05-15

Neil D. Morrison, P.E., who joined the Long Beach Harbor Department in August 2009 as Director of Engineering Design, was promoted Monday by the Long Beach Board of Harbor Commissioners to Assistant Managing Director to oversee Harbor¡¯s Engineering Design and Maintenance divisions.

»FRIGO Coldstore Logistics opens a third cold store in the Port of Hamburg2014-05-15

With an inauguration ceremony FRIGO Coldstore Logistics opened a third cold store in the Port of Hamburg on 13 May 2014. When the building is completed in August 2014 the company will offer a total cool capacity of 40,000 pallet positions on 18,000 sq. metres.

»EU presents Philippines ultimatum on seafarer training standards2014-05-14

The European Union has given the Philippines until July to prove that its maritime training and monitoring are up to international standards, reports London's Tanker Operator.

»Hapag-Lloyd competes well in a difficult market environment in the first quarter2014-05-14

Hapag-Lloyd competed well in the first quarter of the current financial year, despite a very challenging market environment and persistently high energy costs. Revenue reached EUR 1.55 billion in the first quarter (prior year period: EUR 1.65 billion). Adjusted for exchange rate fluctuations as a result of the weaker US dollar ¨C the main currency in the shipping industry ¨C the decline in revenue came to just 2.3%. This means that revenue was only slightly below the level of the corresponding prior year period. Aside from the weak US dollar, this development was also attributable to freight rates, which remained under considerable pressure. At USD 1,422/TEU, average freight rate in the first quarter of 2014 was USD 124/TEU down on the previous year. Hapag-Lloyd was nevertheless able to make the most of growth opportunities in this difficult market environment, thanks to its global service network and good positioning among its customers, increasing the transport volume by 5.5% year on year to 1.4 million TEU in the first quarter.

»Direct §ãontinuation of the time charter agreement for m/v Melia with Rio Tinto2014-05-14

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it took delivery of the newly built m/v ¡°Atalandi¡±, an Ice Class Panamax dry bulk vessel of 77,529 dwt that was contracted in March 2012.

»Zuidnatie inaugurates two model 8 cranes from Terex Port Solutions2014-05-14

Yesterday, Antwerp terminal operator Zuidnatie NV (Zuidnatie) presented two new Terex®Gottwald Model 8 mobile harbour cranes from Terex Port Solutions (TPS) with an inauguration ceremony. With a maximum lifting capacity of 200 t each, the large cranes in the G HMK 8710 variant are the most powerful mobile harbour cranes in the Port of Antwerp and will help Zuidnatie to efficiently handle containersand general and project cargo.

»Fujian port container volume up 9.9pc2014-05-14

Ports in southeastern China's Fujian province posted a 9.9 per cent year-on-year increase in provincial port container volume to 3.83 million TEU in the first four months of the year, reports Xinhua.

»X-Press Feeders to start London Gateway-Dublin-Rotterdam service2014-05-14

Independent feeder carrier, X-Press Feeders Ltd's weekly service to Dublin and Rotterdam has started calling at the DP World's London Gateway, according to Shipping Gazette.

»Zuidnatie inaugurates two model 8 cranes from Terex Port Solutions2014-05-14

Yesterday, Antwerp terminal operator Zuidnatie NV (Zuidnatie) presented two new Terex®Gottwald Model 8 mobile harbour cranes from Terex Port Solutions (TPS) with an inauguration ceremony. With a maximum lifting capacity of 200 t each, the large cranes in the G HMK 8710 variant are the most powerful mobile harbour cranes in the Port of Antwerp and will help Zuidnatie to efficiently handle containersand general and project cargo.

»Late shipping season start yields steep drop in April port totals2014-05-13

The effects of a harsh winter on Great Lakes shipping were felt well into April in Green Bay, but officials are optimistic about recovery.

»Pelindo III urged to cut box dwelling times2014-05-13

State-owned port operator Pelabuhan Indonesia III (Pelindo III) is under pressure to reduce dwelling times for ships at Tanjung Perak Port in Surabaya, East Java, from eight to four days ahead of the 2015 ASEAN Economic Community (AEC) summit.

»Asia-Europe rates up for third week2014-05-13

Shipping freight rates for transporting containers from ports in Asia to northern Europe rose 7.4 percent to US$1,401 per TEU in the week ended on Friday, figures from the Shanghai Containerised Freight Index showed.

»April figures show China export trade is robust2014-05-13

China's container ports in April registered their biggest gains in port-handling volumes so far this year, indicating the nation's export trade remains robust despite concerns of slowdown.

»Newly developed intermediate bulk container to boost overseas business2014-05-13

Liquid CONcept has added another 120 ultra-modern units to its intermediate bulk container (IBC) fleet. The Hamburg-based logistics firm thus continues to build up its small container business. Designed to serve the US market, this new type of container can be used to carry high quality coatings. The new high-tech containers are rectangular in shape and have a capacity of around 1300 liters. They can be used both to transport and store smaller quantities of product.

»Singapore's SATS cancels plan to buy terminal operator2014-05-13

Singapore airport services and catering firm SATS Ltd said on Monday it had abandoned plans to acquire a cruise and ferry terminal operator from a unit of Singapore state investor Temasek Holdings for S$110 million ($88 million).

»DCT Gdansk first quarter volume increases 7.1pc2014-05-13

Poland's Deepwater Container Terminal (DCT) Gdansk's volume increased 7.1 per cent year on year to 1.15 million TEU in 2013, while first quarter throughput was up 28 per cent to 308,539 TEU, the terminal operator announced.

»PSA to build, operate 4th terminal at Jawaharlal Nehru port2014-05-13

Singapore's global port operator PSA International has signed a concession with Mumbai's Jawaharlal Nehru Port Trust (JNPT) to develop JN Port's fourth container terminal, according to Shipping Gazette.