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California considers raising gas tax to fund infrastructure investment

Gov. Edmund G. Brown Jr. and state lawmakers have introduced legislation that would raise $52.4 billion in investment funding for transportation infrastructure over the next 10 years through a series of gas and diesel tax hikes.

Shipping NewsPosted on: April 4, 2017

JNPT awards dredging project contract

The 250 million euro (U.S. $266.3 million) contract to deepen and widen the access channel towards Jawaharlal Nehru Port in Mumbai, India was awarded to Royal Boskalis Westminster N.V. and Jan De Nul.

Shipping NewsPosted on: April 4, 2017

SigmaRoc establishes new bulk shipping subsidiary

The subsidiary will support cement majors and sister subsidiary Ronez Limited in the British Isles and northern Europe.

Shipping NewsPosted on: April 4, 2017

Norway scuttles Eimskip’s acquisition of Nor Lines

The Norwegian Competition Authority has issued a decision blocking Icelandic ocean carrier Eimskip from purchasing asset-light shipping and logistics company Nor Lines due to a lack of sufficient competition in the transportation of frozen fish.

Shipping NewsPosted on: April 4, 2017

WWL joint venture partners complete ownership merger

Wilh. Wilhelmsen ASA and Wallroll AB, joint owners of Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier, have created a new ownership structure to enhance efficiency and increase cooperation between affiliates.

Shipping NewsPosted on: April 4, 2017

CMPort grows profit on higher volumes in 2016

Port terminal operator China Merchants Port Holdings Co. Ltd. saw 2016 earnings jump 14.3 percent to $5.49 billion Hong Kong (U.S. $706.5 million) compared with the previous year as container throughput grew 14.5 percent to 95.8 million TEUs.

Shipping NewsPosted on: April 4, 2017

Navios Logistics inaugurates iron ore facility in Uruguay

The iron ore transshipment and storage facility in Uruguay’s Nueva Palmira Free Zone can transship 10 million tons per year.

Shipping NewsPosted on: April 4, 2017

Qatar Airways Cargo launches new service to Phnom Penh

The airline’s new service to Phnom Penh, Cambodia took off Monday with an A330 freighter.

Shipping NewsPosted on: April 4, 2017

Executive Moves: Bureau Veritas, Greenville & Western and Glander International

Bureau Veritas promotes senior executive vice president, while Greenville & Western Railway Co. appoints general manager and manager of mechanical and transloading, and Glander International Bunkering hires two new traders in Mumbai.

Shipping NewsPosted on: April 4, 2017

European shippers remain concerned about capacity shortage

The European Shippers’ Council said some shipments from Europe to Asia have been delayed up to eight weeks.

Shipping NewsPosted on: April 4, 2017

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Fashion Accessories Shippers Association

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