2012/05/10
The Port of Newcastle in New South Wales Australia set a new monthly coal export record during April, as it exported a total of 11.8 million tonnes of the precious commodity. To be precise, the 11,821,317 million tonnes of coal … Continue reading
2012/04/26
Tsakos Energy Navigation Limited (TEN) has announced the order of a new LNG carrier. The Greek company will be adding to its fleet with the purchase of the new state-of-the-art LNG carrier that will be constructed in South Korea and … Continue reading
2012/04/26
The United States Army Corps of Engineers (USACE) recently released the Savannah Harbor Expansion Project (SHEP) final documents, which outline the steps necessary to complete the project. According the USACE study, the project is estimated to run at $652 million, … Continue reading
2012/04/26
Compared to February 2011, container volume at the Port of Charleston this past February increased 9.2%. The largest port in South Carolina handled over 119,000 twenty-foot equivalent units (TEU’s), while increasing its cargo volume from January of this year by … Continue reading
2012/04/26
A news release from the Maryland Port Administration revealed that the Port of Baltimore generated a 15% increase in the total volume of cargo handled in 2011. The port handled 37.8 million tons of cargo last year- up from the … Continue reading
2012/02/13
The Danish shipping conglomerate, A.P. Moller Maersk Group, released a 12-minute corporate movie titled We Are Maersk last week. Shooting took place in 40 cities, spread out over 20 countries, and showcases the company’s vast global reach through its container … Continue reading
2012/01/16An interesting development has taken place during the 4th Annual Mediterranean Freight Conference recently. Leading port operators in the region, APM Terminals have been taking a leading role in addressing the critical issues facing the transportation industry in and around … Continue reading
2012/01/10
Taiwan’s imports and exports from last year remained solid despite the downturn of the global economy. According to statistics released by the Taiwan Ministry of Finance (MOF), the country generated the third highest trade surplus in its history with a … Continue reading
2012/01/09The fast development of China and India, the two most populous countries in the world, have driven an unprecedented commodities boom in 2011. Their thirst for earth’s resources have boosted trade and reversed capital flow into resource rich countries. The … Continue reading
2012/01/06
The chief executives of BP, ConocoPhillips, and Exxon Mobil, all met with Alaska Governor Sean Parnell on Thursday to discuss the possibility of exporting Alaska’s North Slope natural gas to Asia. A long planned proposal to build a pipeline from … Continue reading
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