The Government could achieve significant economic growth and rebalance the economy by establishing free ports, according to a new all-party parliamentary group. It says the introduction of freeports would provide a much-needed boost, particularly for coastal and northern towns, which could benefit from the jobs and growth that would come from increased inward investment. In […]
Second Teesport rail link provides further trade connection for Scotland
PD Ports has launched a second rail service connecting Teesport direct with Scotland opening up further opportunities to connect global importers and exporters with the north of the UK. The new service, operated by DB Cargo, will run five days a week from the quayside at Teesport to PD Stirling Terminal at Mossend in Glasgow. […]
Sovcomflot tanker Gagarin Prospect successfully completes first commercial voyage from Primorsk to Rotterdam on LNG fuel
Sovcomflot crude oil tanker Gagarin Prospect, operating on LNG fuel, successfully completed her voyage across the Baltic and North Seas from Primorsk to Rotterdam where she safely delivered a cargo of 104,815 tonnes of crude oil. For the pioneering vessel, it marked her first export delivery of Russian crude oil under a long-term time-charter contract […]
Double win for GAC Dubai at Logistics & Transport Awards 2018
Neil McMaster, GAC Dubai’s General Manager for Contract Logistics, took to the stage twice at last week’s inaugural Logistics & Transport Awards: once, to accept the FMCG Logistics Provider of the Year accolade on behalf of the company; and again when he was named Supply Chain Manager of the Year. The company award recognises GAC’s […]
Infospectrum collaboration enhances Baltic Exchange members’ risk assessment capability
The Baltic Exchange and leading global maritime counterparty risk analysis company Infospectrum, today (24th October) announced a collaboration that will see Infospectrum become the Baltic Exchange’s exclusive counterparty intelligence provider. The partnership will allow the Baltic Exchange to carry-out more detailed background checks of entities seeking to join the Exchange. It will also provide Baltic […]
Indian Register of Shipping (IRClass) plans to further boost its presence in Middle East & Africa with new offices
Classification Society Indian Register of Shipping (IRClass) plans to further expand its operations into the Middle East and Africa (MEA) region with new offices in Saudi Arabia, Qatar, Egypt, Lebanon and Nigeria. The expansion plan underlines its commitment towards the growing number of customers from this region and enhances the classification society’s proximity to flag […]
Making a smooth and efficient transition into 2020 – topics for next week at VPO Copenhagen
Panellists and delegates will voice their concerns around 2020 compliance at the VPO Copenhagen Forum next Wednesday (31st October) at the IDA Conference Centre. The forum will look at what preparations the industry can make to transition into a new regulatory environment. Panellists and delegates will also discuss how the rising price of fuel and […]
ShipMoney announces new appointments to its operations in Europe
Specialised global maritime payments provider ShipMoney has announced a series of high level appointments to its European operations team. Roula Zachariou joins the ShipMoney team as Vice President of Business Development and Client Management. She brings with her over 20 years of local knowledge and relationships in the Greek and Cypriot maritime markets which will […]
UK Shipping technology sector to be worth £13bn by 2030
A new report commissioned by UK venture fund and think-tank PUBLIC estimates that the UK maritime technology sector will grow from an annual turnover of £4 billion today to £12.8 billion by 2030. The growth will mainly be fuelled by the digitalisation of the industry, with technologies such as big data, blockchain, and artificial intelligence […]
MOL chooses NAPA’s performance monitoring and analysis solution for 80 of its time-chartered bulk carriers
NAPA, the maritime software, services and data analysis provider, has announced it has signed an agreement with MOL (Mitsui O.S.K. Lines) to provide performance analysis and reporting for 80 of MOL’s time-chartered bulk carriers with NAPA Fleet Intelligence. NAPA Fleet Intelligence combines NAPA’s naval architectural expertise and proprietary data modelling with open source data and […]