The lack of use of technology has magnified current problems being experienced in the supply chain says Vincent Clerc, ceo of ocean and logistics for AP Moller-Maersk.

Cosco Shipping Ports (CSP) has acquired a 34.99% equity interest in Tianjin Port Container Terminal Company from China’s north port operator Tianjin Port.

The Brazilian Navy has given the Port of Santos approval to receive vessels of 366 m in length, equating to 14,000 teu, the largest ships calling the East Coast of South America.

Container lines are running out of ships in Asia as port congestion in the US west coast sees vessels taking 11 days to turnaround at berth, according to Ocean Network Express (ONE) ceo Jeremy Nixon.

UK-based Windship Technology announced a conservative 30% fuel saving estimate from installation of its triple wing rig.

BW LPG is positive on the medium-term outlook for the VLGC market despite recent falls in rates.

Hambantota International Port (HIP) has launched the wholesale supply bunker fuels with Sinopec which it believes will bring competitive pricing for refueling at the Sri Lankan port.

Container line schedule reliability fell to its lowest level for the sixth consecutive month according to Sea-Intelligence.

China’s State Council released a guideline to further accelerate the development for a green and low-carbon economy, including the ports, shipping and logistic sectors.

The Port of Corpus Christi and the Port of Rotterdam have entered into a Memorandum of Understanding (MOU) aimed to collaboratively improve their global maritime operations.