TIN news: High transportation costs in Iran weigh heavily on exporters, said deputy minister of industries, mining and trade at the First Export Transportation Conference held in Tehran on Sunday. Valiollah Afkhamirad added that countries with high energy costs are faring considerably better than Ir...

TIN news: The Indian Ministry of Shipping summarized all proactive and progressive interventions in the areas of shipbuilding, port development, inland waterways and coastal shipping which were taken during 2015 for the development of the maritime sector in the country. Key Initiatives Sagarmala Pro...

TIN news: Statoil confirmed that one person has died as a result of the breaking wave that hit the drilling rig COSL I ovator rig on Wednesday 30th December, 2015.Two other people were injured and are receiving medical treatment ashore. The semi-submersible drilling rig COSL I ovator is under contra...

TIN news: Panamanian President Juan Carlos Varela urged the Spanish-led consortium expanding the Panama Canal Saturday to leave legal disputes to the “competent authorities” and focus instead on completing its work on the waterway. The appeal came after the Dispute Adjudication Board hearing a budge...

TIN news: Gulftainer has achieved another milestone at its Khorfakkan Container Terminal (KCT) with the completion of 4,073 container moves in a single 12-hour shift. This achievement has defied general industry belief that the 6,000 moves in a 24-hour period target for shipping lines since the ince...

TIN news: Iran has held negotiations with Georgia on sending its gas to the Caucasian nation through Armenia, Managing Director of the National Iranian Gas Exports Company (NIGEC) Alireza Kameli says. “Based on negotiations with Georgia, we are supposed to take gas to the Armenian border, for Georgi...

TIN news: By crossing the Port of Montreal’s downstream limits at Sorel at 05:21 a.m., the Marshall Islands flagged Vigorous became the first ocean-going vessel to reach the Port of Montreal without a stopover in 2016. The Vigorous, under the command of Captain Jun Eric Aljo Dalipe, is a a bulk carr...

TIN news: The IMO Maritime Ambassador, Capt. Antonio M. Padrón y Santiago, discussed with Prof. Kang-Ki Lee the problems in Spain due to the lack of sufficient merchant fleet and the difficulties of the students to find ships on which to perform their professional practices (training period as cadet...

TIN news: Suez Canal traffic data reported that 230 vessels transited the canal transporting a total load of 18.907m to es in the week begi ing 25 December. An average of 47 vessels transited the canal per day, transporting an average load of 2.7m to es per day. The average load per vessel was calcu...

TIN news: A senior official at the Civil Aviation Organization of Iran has wa ed travel agencies against selling plane tickets at inflated prices. Under legislation officially enacted last week, Iran Civil Aviation Organization decided to deregulate airfares on 170 domestic routes (66% of all routes...

TIN news: The UK P&I Club informs that problems with fender and berth claims in Egypt which were previously reported , still exist and reminds operators to take the following precautions in order to avoid such claims: • Crew should try to take pictures of fender condition prior to vessels arrival, o...

TIN news: The tram network in Palermo was officially opened on December 30 with a ceremony attended by Infrastructure & Transport Minister Graziano Delrio, Sicilian President Rosario Crocetta and Mayor Leoluca Orlando. The standard gauge network is made up of two unco ected sections totalling 17·8 k...

TIN news: DP World London Gateway Port has welcomed one of the world’s largest container ships carrying a recorded 18,601 TEU (Twenty Foot Equivalent Units). The UASC owned Al Muraykh chose to call at DP World London Gateway to unload 3,800 containers. The ship is one of the largest in the world mea...

TIN news: Four listed Chinese shipping subsidiaries will realign their businesses in response to the merger between China Ocean Shipping (Group), known as Cosco Group, and China Shipping Group. China Cosco Holdings is selling its entire stake in a bulk shipping company to parent Cosco Group for 6.77...

TIN news: The gove ment has directed all its 12 state-owned ports to finalize capital and maintenance dredging contracts on the basis of open competitive bidding, according to the new guidelines framed by the shipping ministry. Capital dredging is for increasing the depth of navigational cha els whi...

TIN news: The UN Refugee Agency a ounced that over one million refugees and migrants have fled to Europe by sea during 2015, many on board dangerously inadequate vessels run by people smugglers. UNHCR’s latest figures show that some 1,000,573 people had reached Europe across the Mediterranean, mainl...

TIN news: Istanbul port authority a ounced on Saturday that the Bosporus strait was both ways closed to shipping traffic as of 12.58 p.m. due to heavy smog. As physical conditions did not prevail for a safe passage through the Strait, the port authority said that they temporarily halted the shipping...

TIN news: JR Hokkaido has unveiled the first of its Series 733-1000 EMUs for the Hakodate Liner shuttle service, which will be introduced on March 26 to coincide with the opening of the first phase of the Hokkaido Shinkansen. Four three-car sets are being built to operate the shuttle which will co e...

TIN news: Alexandria Port Authority has decided to extend the closure of Alexandria and Dakheila ports in the coastal city for the fourth consecutive day due to bad weather and increasing wind speeds and wave heights, the state-run MENA news agency reported. The acting head of Alexandria Port Author...

TIN news: Abu Dhabi Ports has completed extensive redevelopment work at Al Mirfa Port and officially opened the new Abu Dhabi Cruise Terminal at Zayed Port. This extensive redevelopment work is part of the operator’s master plan to redevelop the Khalifa Industrial Zone and help diversify the Emirati...