Backhaul demand boosts rates for intra-Asia liners out of India
Local industry observers and carrier executives expect Asian import flows into India to remain buoyant, aided by growing demand for…
Ongoing buildout of cross-dock, warehousing capacity boosts Virginia port system
The nearly 1.7 million square feet of cross-dock capacity that has come online over the past two years is a…
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Genco Shipping & Trading Issues Statement Regarding George Economou’s Withdrawal of his Nominee
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”) the largest U.S. headquartered drybulk shipowner focused on the global…
New York City government to take over management of Brooklyn Marine Terminal
The Port Authority of New York and New Jersey has confirmed that an agreement in principle has been reached between…
DFDS to Invest €1 billion in electric ships for English Channel sailings
Shipping company DFDS will make an investment of €1 billion (US$1.09 billion) in battery electric vessels to help reduce emissions…
Partners unveil plan for ammonia bunkering operation in Pilbara
Hexagon Energy Materials (HXG) has entered into a memorandum of understanding (MOU) with Oceania Marine Energy regarding the development of…