Jaxport, the port of Jacksonville, Florida, had its best ever January container volumes, with total container movements increasing 16 percent over the same period last year.Nearly 121,400 twenty-foot equivalent units (or TEUs, the industry standard…
Uncertainty mounts in dry bulk shipping against a backdrop of weaker growth in Chinese imports, said BIMCO.'The extent of the freight rate recovery in 2018 was limited – when compared with initial expectations – by a faster-growing fleet. Q4-2018 wasn’t as strong as it often is either…
Notwithstanding the tragic incidents of the Morandi Bridge collapse and October’s violent sea storm, cargo throughput remains stable at the Ports of Genoa, Italy.Now a key priority is the implementation of the emergency measures mobilised by Parliament to return to growth…
APM Terminals Inland Services in Costa Rica has worked closely with one of the world’s largest producers and exporters of tropical fruit.The Hague-based international container terminal operating company said in a press release that among other things…
Norway's largest container terminal Yilport Oslo handled a total of 238,000 containers (TEU) in 2018, an increase of 14% from the previous year.The Norwegian container port operator said that as the cargo from Europe are growing, Oslo has become the logistics hub in Norway…
Global dry bulk fleet utilization (calculated as total demand in tonne miles transported divided by total available fleet capacity) dropped by 1.4% in the fourth quarter of 2018, reflecting the trend observed in the rate environment.According…
China’s container shipping company Cosco Shipping Lines signed a strategic Memorandum of Understanding (MoU) with Africa-based Bolloré Transport & Logistics to develop new opportunities in transport, logistics and port infrastructure.The two companies…
Inland shipping is essential for the transportation of containers on the Amsterdam-Utrecht-Rotterdam route. 250,000 containers are transported annually via this routeTMA Logistics, CTU and VCL join forces to establish the North West Central Corridor…
North American transportation and logistics player TFI International has announced the acquisition of Toronto Tank Lines (TTIL).Acquisition strengthens TFI’s logistics and specialized tank capabilities throughout North America, said a press note…
Ukraine-based Informall Business Group in its latest Black Sea Container Market review reports a rise of 8.70% in loaded containers handling in the Black Sea container ports of Romania, Bulgaria, Ukraine, Russia and Georgia in 2018 as compared to 2017…
The major maritime hub in Northern Ireland Belfast Harbour handled a record 24.6 million tonnes of cargo in 2018, up 3.8% on the previous year thanks to a major increase in the number of freight vehicles passing through the port, which rose to a high of 532…
The International Maritime Bureau (IMB) announced that it has launched a new initiative aiming to mitigate bills of lading (B/L) fraud conducted by non-vessel owning common carriers (NVOCCs).The IMB NVOCC Register provides a business solution…
Europe's largest port, the Port of Rotterdam ended 2018 with a total container throughput at 469.0 million tonnes (MT) which slightly higher than in 2017, which was itself a record year (467.4 MT).Container transhipment was the engine of growth again…
Maritime research consultancy Drewry believes that the industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators…
Transporting a 112MT transformer across the world is no simple task. The stakes are even higher when the sophisticated cargo is destined for an oil and gas plant and time is of utmost importance.Global Freight Forwarder Kintetsu World Express…