US Sanctions Chinese Firm for Buying Iranian Crude Oil

Iran sanctions

A Chinese oil trading company and its chief executive are the latest entities to be sanctioned.

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Panama Canal Gathers Feedback on Tolls Structure Proposal

panama-canal

On July 24, the Panama Canal held a public hearing on its tolls structure modifications proposal.

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Eagle Bulk Eyes USD 100 Mn Offering to Fund Ship Purchase

Eagle Bulk

Eagle Bulk is to offer USD 100 million aggregate principal amount of Convertible Senior Notes in a private placement.

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Schottel Propulsion for New Seaspan Ferries' RoRos

Seaspan Ferries

The hybrid ferries are scheduled to go into operation in 2021.

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Virginia International Gateway Wraps Up Major Expansion

Port of Virginia

The 800-foot extension allows the terminal to service as many as three ULCVs simultaneously.

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Hyundai Mipo Lands LPG Carrier Contract

LPG carrier

Hyundai Mipo revealed it would work with a Mexican yard on the contract.

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Pangaea Expanding Fleet with Secondhand Supramax

Bulker

The vessel, purchased for USD 14.1 million, would be handed over to Pangaea in September 2019.

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ICTSI Taking Over Container Terminal in Rio de Janeiro

Tecon Suape, S. A., Brazil

ICTSI will pay USD 197 million for the concession rights.

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APM, ILWU Reach Deal on Port of Los Angeles Automation

Port of Los Angeles

The automation project had been contested due to the fear of loss of jobs.

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Readers' Picks of the Week

Shipping

We bring you the most popular news from the week of July 15.

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NWSA Half-Year Volumes Break 14-Year Record

MSC Laurence at Terminal 46 in Seattle

NWSA ports handled 1.92 million TEUs in the first half of the year.

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Canada Inks 1st Long-Term Contract to Ship LNG to China

Flag

FortisBC signs its first term supply agreement to produce LNG for Top Speed Energy Corp. to export to China.

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Two Seafarers Die aboard Atlantska Plovidba's Bulker

Bulker

Two more seafarers were injured during tank cleaning operations aboard AP Dubrava off Brazil.

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Cosco Bulker Aground between Argentina and Uruguay

Bulker

The COSCO Shipping Bulk-owned vessel ran into trouble at km 105 of the Martin Garcia Channel on July 16.

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Carnival Panorama Passes Sea Trials with Flying Colors

Carnival Panorama

Carnival Cruise Line’s newest ship is scheduled to debut from Long Beach in December 2019.

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NASSCO Lays Keel for Matson's 2nd New ConRo Ship

NASSCO

NASSCO has celebrated the keel laying of Matsonia, Matson's second Kanaloa-class ConRo ship.

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New NFC Blockchain Shipment Tracking Solution Unveiled

blockchain

ShipChain and GTX Corp launch a partnership for a new global NFC blockchain shipment tracking solution.

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APMT Callao Rolls Out Peru's 1st Digital Customer Platform

APM Terminals Callao

APM Terminals Callao has become the first Peruvian terminal to introduce a digital customer platform.

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MSC Gayane Released on USD 50 Mn Bond

MSC Gayane

The ship was seized in Philadelphia with almost 20 tons of cocaine on board.

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Mexico to Expand Manzanillo Port with Four New Terminals

Port of Manzanillo

The facilities would include a container terminal with capacity to handle 1.75 million TEUs per year.

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ABS, MOL Team Up on up to 14 New Gas Carriers

MOL ABS

ABS and MOL sign a memorandum of understanding (MOU) to collaborate on up to 14 new gas carriers.

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Readers' Picks of the Week

Here are the most read stories of the previous week.

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US, German Companies Form Cement Carrier Alliance

Baltrader cement carrier

The companies will jointly market their respective fleets of pneumatic cement carriers.

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NRF: Imports at Top US Container Ports to Rise Modestly

container port

Imports at the US major retail container ports will remain at high levels this summer but are to grow only modestly.

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Port of Seattle's Terminal 5 Expansion Kicks Off

Terminal 5, Port of Seattle

The upgrades will allow the deep-sea port to handle 18,000 TEU ships.

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SCPA Sees Record Volumes in 2019 Fiscal Year

SCPA

The port authority saw an 8.8% increase in annual TEU container volume.

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MSC Says It Is Not Target of US MSC Gayane Probe

MSC containership

The incident led to a temporary suspension of MSC's C-TPAT certification.

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