Baltic Cruise Boom Boosts Chances for Port Cities
Good opportunities for local port cities are up for grabs as a cruise shipping boom sweeps the Baltic. Both Rostock and Kiel are already profiting from it. Between…
Noble Group To Sell Ship For $24 Million
Struggling commodity trader Noble Group Ltd said it would sell to Bianca Corp a Kamsarmax dry bulk carrier for $24 million in cash. The Hong Kong registered ship has a capacity of 81…
Safety Award for APM Terminals Poti
APM Terminals Poti has been named the 2018 Corporate Social Responsibility (CSR) Award winner for the Best Project in the Human Rights Category: Increasing Safety Awareness for Truck Drivers.
South Korea Restuctures Mid-Sized Shipbuilders
The South Korean government decided to restructure two financially-troubled mid-sized shipbuilders, said a report in Business Korea. While filing for court receivership…
Kiel Gets Second Cruise Passenger Terminal at Ostseekai
A second handling centre for cruise ship passengers and their luggage is being built at Kiel’s Ostseekai Cruise Shipping Terminal. Artist’s impressions of how the…
Navios Maritime Containers Raises USD 30mln
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it has already completed a private placement of common shares, totaling $30.0 million…
Oakland Port Digitalized to Move Cargo Faster
Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions…
Harvey Gulf's Guidry Remains Confident as Bankruptcy Plays Out
In a March 10th E-mail to customers and media alike, Guidry charts the course ahead. In a terse E-mailed letter addressed to 'Valued Harvey Gulf Customers,' the U.S.