The United States and China are likely to reach a good settlement over immediate trade issues while agreement on structural trade issues and enforcement will be harder, U.S. Secretary of Commerce Wilbur Ross said on Monday as U.S.-China trade talks resumed…
Danish shipping group A.P. Moller-Maersk will shut a transport container factory in China and instead focus on producing refrigerated containers for food, it said on Thursday.While the market for so-called dry containers has been squeezed by increased competition…
Dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo in heavy seas, bringing a windfall for local treasure hunters.The Dutch Coast Guard said up…
As agreement between Associated British Ports (ABP) container terminal located in Hull and Maersk, the world’s largest container shipping line, to open a trading link between the north of England and the Far East.The service begins in the New…
The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture company based at Pasir Panjang Terminal in Singapore…
The Danish software company ConPDS has developed a software for digital scanning of container codes. The ConPDS OCR-engine integrates with a company's software solutions, smartphone apps, and logistic systems by integrating just a few lines of code…
The St. Lawrence Seaway and Great Lakes ports are reporting strong growth in November cargo volumes that is expected to carry through in the final weeks of the 2018 season. Overall cargo volumes through the St. Lawrence Seaway from March 29 to November 30 topped 36 million metric tons…
APM Terminals Mumbai, the largest container terminal facility in India, has achieved a record of handling more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2018 for the first time since the terminal was commissioned in 2006…
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.The cost reduction, based on contract freight rate data provided confidentially by Asian…
Liebherr Maritime Cranes already delivered two Liebherr mobile harbor cranes LHM 800 in container configuration to Montecon in Uruguay. End of November Liebherr received an order from Montecon for the third LHM 800 that will start operation in Montevideo…
Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake…
Florida-based Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long…
Patna, capital of Indian state of Bihar, will witness a new landmark in the country’s Inland Water Transport (IWT) sector with 16 TEUs of container cargo (equivalent to 16 truckloads), belonging to food majors PepsiCo India and Emami Agrotech…
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the…
In the first nine months of the year, the Port of Hamburg transferred substantially more freight on to rail - Seaborne cargo handling was below the previous year’s level, owing to less bulk cargo and a slight downturn in container handling, while there was an increase for conventional general cargo…