German industrial group thyssenkrupp AG. Materials Services is investing around 70 million euros in the modernization and expansion of its European warehousing and logistics network.A state-of-the-art logistics center and new warehouses are to be built in Germany…
The Baltic Ports Organization (BPO) has been welcomed into the World Ports Sustainability Program (WPSP) following the signing of the WPSP declaration by Bogdan Ołdakowski, BPO Secretary General.Guided by the UN’s 17 Sustainable Development Goals…
Indian Minister of State for Shipping, Mansukh Mandaviya laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.According to a government announcement, the facility will be built at a cost of over INR 309 crore (USD 43 million)…
Germany’s largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in the first half of 2019.'Especially good growth trend in the general cargo segment…
A new freight train service has been launched linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route.According to Xinhua, this is the fifth freight train service Jinan has opened to Europe and Central Asia…
TecPier and Newark Venture Partners invested in the US startup SensorTransport with a mid-range six-figure investment. SensorTransport connects global shippers with local carriers to collect digital tracking, proof of delivery and condition monitoring of cargo in transit…
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues…
The Port of Savannah set a record for intermodal cargo last month, handling 47,255 rail lifts, an increase of 10.5% over July of last year.According to Georgia Ports Authority (GPA), over the past three years, the Port of Savannah has grown its rail volume by 35…
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa, following the arrival of the Elly Maersk.The Elly Maersk departed from Nansha for Rotterdam on 28 July…
The Port of Oakland, a container ship facility located in Oakland, California, in the San Francisco Bay, said that July was the busiest in the Port’s 92-year history for containerized import cargo. According to the Port, it handled the equivalent of 90…
The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released yesterday (7 August).The Chinese port garnered a connectivity score of 134 points, followed by the ports of Singapore (124.63 points), Pusan (114…
India's Essar Bulk Terminal Salaya Ltd (EBTSL) posted 160 percent growth in its cargo throughput for the Q1FY2020 which ended on June 30, 2019.As against 0.5 million tonnes (MT) in Q1FY19, EBTSL clocked a cargo throughput of 1.3 MT in Q1FY20…
Hapag-Lloyd has concluded the first half of the year 2019 with a significantly higher operating result than in the same period of the previous year. Earnings before interest and taxes (EBIT) increased to $436 million (H1 2018: $102 million)…
Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming, said the Port of Oakland.However, the container ship facility located in Oakland, California, in the San Francisco Bay…
Terminal 46 on Seattle's working waterfrontThe Northwest Seaport Alliance is now accepting proposals for Terminal 46, a 50-acre deep-water marine terminal.Strategically located on the Seattle waterfront with convenient access to major road and rail infrastructure…