• NY/NJ Port Reaches 7 Mn TEU Milestone Feb 05,2019

  The Port of New York and New Jersey witnessed a record-breaking year as it handled over 7 million TEU in 2018 for the first time in its history.The record-setting amount of cargo,totalling over 7.17 million TEUs,exceeded the previous year’s numbers by almost 7 percent,allowing the port to maintain i... [learn more]

• Driscoll: Port of Oakland Committed to Growth Despite Trade Wars Jan 21,2019

  The Port of Oakland remains committed to a growth strategy in 2019 despite prevailing uncertainty in the container shipping sector caused by the ongoing global trade tensions between China and the United States,according to the port’s Maritime Director John Driscoll.Speaking at Oakland’s a... [learn more]

• Port of Los Angeles Sets New All-Time Cargo Record in 2018 Jan 16,2019

  The US Port of Los Angeles moved more cargo in 2018 than any time in its 111-year history,racking up 9,458,749 TEUs,1.2 percent more than 2017’s record-breaking year.As informed,it is the third consecutive year of record volumes for the nation’s#1 gateway for containerized trade and the mo... [learn more]

• NYK Wins Green Loan for Its 1st Methanol-Fueled Chemical Tanker Dec 29,2018

  Japanese shipping giant NYK has secured a green loan to finance the construction of its first methanol-fueled chemical tanker set for delivery in 2019.The JPY 2 billion(USD 18.04 million)loan will be provided by Taiyo Life Insurance Company and has a duration of 10 years.The loan has been certified by Japan C... [learn more]

• ONE Still Considering Scrubbers and LNG Dec 10,2018

  Ocean Network Express(ONE)sees adoption of low-sulphur compliant hybrid oil as the most realistic and cost-efficient,but short-term solution,for becoming compliant with the 2020 sulphur cap.''We are still also carefully considering other possible solutions such as exhaust gas cleaning systems and usin... [learn more]

• Hyundai Cuts Steel for KOTC’s New Gas Carrier Nov 26,2018

  Hyundai Heavy Industries has held a steel cutting ceremony for the first of three vessels ordered by Kuwait Oil Tanker Company(KOTC),KUNA news agency reported.The ceremony,held on November 19,marked the start of construction of the first 84,200 cbm very large gas carrier(VLGC),contracted by the shipping compa... [learn more]