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South Africa Completes Deal for Privatization of Durban Container Terminal

South Africa Completes Deal for Privatization of Durban Container Terminal

  South Africa’s Transnet officially signed the partnership agreement with International Container Terminal Services (ICTSI) for the privatization and upgrade at the Durban port. It comes more than...

Le Groupe ALMACO Expands in Quebec City to Support Davie & Canada’s Future

Le Groupe ALMACO Expands in Quebec City to Support Davie & Canada’s Future

[By: ALMACO] Le Groupe ALMACO, part of the ALMACO Group, today officially inaugurated its head office in Quebec City, marking a long-term commitment to Canada’s shipbuilding sector under the Nation...

ABS Chairman and CEO Named International Personality of the Year

ABS Chairman and CEO Named International Personality of the Year

[By: ABS] ABS Chairman and Chief Executive Christopher J. Wiernicki was named International Personality of the Year at the Lloyds List Greek Shipping Awards, the second time he has received the hon...

Svitzer to Build Next-Generation Electric Tugs in India

Svitzer to Build Next-Generation Electric Tugs in India

Svitzer confirmed that it has entered into a shipbuilding order with India’s Cochin Shipyard to build at least four next-generation electric tugs. The shipyard labeled the financial value of the ord...

U.S. Seizes Tanker off Venezuela

U.S. Seizes Tanker off Venezuela

  [Breaking] On Wednesday, U.S. forces seized a tanker off the coast of Venezuela, President Donald Trump told reporters. Three U.S. officials have confirmed the development to Reuters.  "We’ve...

Japan Licenses Its First Autonomous Navigation Ro-Pax Ferry

Japan Licenses Its First Autonomous Navigation Ro-Pax Ferry

Japan is set to launch service aboard its first autonomous navigation ferry. The vessel Olympia Dream Seto recently completed the licensing process and will start sailing with the autonomous system...

Third Shadow-Fleet Tanker Hit by Suspected Ukrainian Drone-Boat Attack

Third Shadow-Fleet Tanker Hit by Suspected Ukrainian Drone-Boat Attack

  Russian and Ukrainian sources report that Ukraine's covert operations agency has attacked another Russia-facing "shadow fleet" tanker in the Black Sea. If accurate, it would be the third strike o...

Italian Court Sides with Grimaldi and Suspends Sale of Moby Ferries to MSC

Italian Court Sides with Grimaldi and Suspends Sale of Moby Ferries to MSC

  An Italian administrative court issues a temporary suspension of the pending sale of five ferries from Moby Lines to MSC’s SAS division as part of a settlement of antitrust issues. The court foun...

Ukraine Seizes Cargo Ship Accused of Transporting Grain from Crimea

Ukraine Seizes Cargo Ship Accused of Transporting Grain from Crimea

  The Security Service of Ukraine (SBU) reports that it has seized another cargo ship that it accuses of having transported grain from Crimea since the beginning of the Russian occupation. Ukraine...

Tanker Operator Quits Russian Trade After Suspected Ukrainian Strike

Tanker Operator Quits Russian Trade After Suspected Ukrainian Strike

  After one of its vessels was hit and damaged in a suspected Ukrainian attack, Turkish tanker owner Besiktas Shipping has decided to quit all trade with Russia. The business decision suggests that...