maritime transport

Maersk further integrates logistics & services

From 1st August 2019, Maersk Logistics & Services will integrate APM Terminals Inland Services, as part of the company’s strategy to offer end-to-end logistics & services. The Inland Services portfolio is a network of inland terminals consisting of 36 business units with over 100 locations. 

Iran: System of evaluating transport projects ‘highly developed’

Despite the lack of legal regulations for evaluating construction projects in most of the Islamic countries, the system for evaluating transportation projects in the Islamic Republic of Iran’s development projects has been highly developed, said Deputy of Port and Economic Affairs of PMO.

PortCDM boosts port call operations

Today’s ports calls are increasing to be more and more inefficient, according to a study. Yet, cross-industry collaboration and data sharing are the ones to potentially enhance the fleet and capacity utilization. As the Global Maritime Forum reports, the study presented an analysis of nine European ports, meaning four ports in the Mediterranean and five ports in the Nordic region.

US mulls Jones Act waiver for LNG

US President Donald Trump is considering waiving the Jones Act requirement that only US-flagged vessels can move LNG from American ports to Puerto Rico. While top administration officials seem to be divided on the issue, the US President is leaning in favor of some sort of waiver. 

HMM, FESCO expand cooperation on China-Korea-Russia service

South Korean HMM announced that it will expand cooperation with Russian transportation group FESCO. With the expansion of cooperation, the current China-Korea-Russia weekly service will be reorganized and two of new direct services connecting Korea and Russia.

Iran, Bulgaria to widen cooperation in ports and maritime transport

Iran and Bulgaria have signed six Memoranda of Understanding to enhance cooperation in different fields, including ports and maritime transport, postal services, trade, meteorology, and standardization policies. Bulgaria also welcomed a continuation of the discussions on developing the Greece-Bulgaria-Black Sea-Georgia-Azerbaijan-Armenia-Iran transport corridor.

Commodity-dependent countries must diversify exports, UN urges

Developing countries that depend on commodities must seek diversification strategies to mitigate the adverse effects of price volatility in international markets, explained speakers at UNCTAD’s meeting of experts on commodities and development, on 15 April at the UN’s European headquarters in Geneva, Switzerland. Today 67% of developing countries depend on commodities, a situation that has changed little in the last two decades.

Steel demand to grow despite slowing economic environment

The World Steel Association released its April 2019 Short Range Outlook. worldsteel predicts that global steel demand will reach 1,735 Mt in 2019, an increase of 1.3% over 2018. In 2020, demand is projected to increase by 1.0% to reach 1,752 Mt. In 2018, global steel demand rose by 2.1%, growing slightly slower than in 2017.

BIMCO receives support for proposal to harmonize data

BIMCO has received solid support for a submission at the 43rd session of the Facilitation Committee meeting (FAL 43) held at the IMO Headquarters on 8-12 April, that will ensure harmonisation of data exchanges and limit the administrative burden for ships. The submission proposed the introduction of additional e-business solutions that supplement communication stipulated in the FAL Convention.

Maritime single window available after launch in Antigua and Barbuda

​A successful IMO project promoted by Norway to establish a maritime “single window” in Antigua and Barbuda has been completed – and the source code for the system will now be made available to other countries who need it. The new requirements which came into effect on 8 April 2019 require national governments to introduce electronic information exchange between ships and ports.