Greece is a bridge and not a border between the West and the East and as a regional hub for growth that is gaining global influence and significance, Greek Prime Minister Alexis Tsipras told the Belt and Road Initiative Forum in Beijing 26 April.
The Maritime and Port Authority of Singapore (MPA) has temporarily suspended the bunker craft operator licence of Southernpec (Singapore) effective 25 April until further notice due to the use of magnets on its bunker tanker to tamper with the accuracy of mass flow meter.
The Hong Kong Seaport Alliance has been set in motion this month with an aim of maximising operational efficiencies in Hong Kong’s Kwai Tsing port, even though the new alliance has not received regulatory clearance from the Competition Commission of Hong Kong.
The Chilean Tribunal for the Defense of Free Competition (TDLC) released its final ruling in a car cartel case that began in 2015 fining NYK and MOL at of $9.1m, while four other companies were either exempted or acquitted.
New Swedish shipping company Wallenius SOL has ordered four LNG-fuelled ro-ro vessels at CIMC Raffles based in Yantai, China.
More than half the 188 lives lost in bulk carrier losses in the last decade were in incidents that involved cargo liquefaction.
Regional Container Lines (RCL) has added Laem Chabang as port of call on its RTY service linking Thailand and Myanmar, and will now operate all three vessels on the service.
Six out of 10 new ships ordered by 2025 are predicted to be LNG-powered vessels due to stricter environmental standards in shipping, a South Korean study says.
Shortsea shipping has never really taken off in the US but the disruption caused to logistics by the likes of Amazon a new opportunity is being seen for palletized cargo transport within the States for last mile delivery of both consumer and industrial products.