A consortium of investors including Poland's sovereign wealth fund PFR has agreed to buy the country's largest container terminal in Gdansk from the infrastructure fund of Australia's Macquarie in a deal worth more than 5 billion zlotys ($1…
Canadian National Railway (CN) said it plans to invest more than $245 million in Saskatchewan in 2019 to expand and strengthen the company’s rail network across the province.“Following a record capital program in 2018, CN brought on 25% more…
APM Terminals Mumbai, India’s busiest container terminals has achieved yet another milestone. The terminal has set a new national record for handling servicing largest volume exchange in a single port call - 11,026 TEUs on March 12, 2019.Working closely with the CMA CGM Group India Operations Team…
India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition…
Crowley Maritime Corp. has promoted Ira Douglas to vice president, labor relations, to lead the company’s relationships, operating agreements and partnerships with unions representing seafarers, terminal stevedores and truck drivers.Douglas…
The Massachusetts Port Authority (Massport) in the USA will take delivery of four Konecranes RTGs in 2019.The Massachusetts Port Authority (Massport) will operate four more Konecranes RTG by the end of 2019. The cranes will be delivered to Conley Terminal in Boston…
DP World, one of the world's biggest port operators, said on Thursday its business could weather international trade tensions, after reporting a 10.2 percent rise in 2018 profit.'Current year has started with trading in line with expectations…
Wallenius Wilhelmsen Solutions has announced Michael Rye has been promoted to the role of Senior Vice President of Operations for Keen Transport.Rye has been with the Wallenius Wilhelmsen Group for 15 years and he brings a deep skill set and an impressive leadership style to the Keen role…
Democrats in the U.S. House of Representatives gave a cool reception to the replacement for the North American Free Trade Agreement on Wednesday as the top U.S. trade negotiator opened a campaign to win broad support for the accord in Congress…
French shipping company CMA CGM has signed a letter of intent to form a new joint venture with Ethiopian company MACCFA and to manage Ethiopia's Modjo port, according to a document made available by the French President's Elysee department.Marseille-based CMA CGM…
Largest Containership Built in U.S. Will Serve HawaiiMatson, Inc. and Philly Shipyard, Inc. (PSI) christened the second of two Aloha Class containerships built for Matson in a ceremony at Philly Shipyard on Saturday, March 9. Dubbed Kaimana Hila…
Specialist breakbulk and project heavy lift carrier AAL has successfully shipped 22 petrochemical plant modules from the Wilson Heavy Industry Company in Nantong, to the Ethylene Glycol II Expansion Project in Point Comfort, Texas on behalf of the Pacific Ocean Group Limited…
Volume growth will continue for ports throughout the world but at a more modest pace over the next 10 years, according to Fitch Ratings in a new report. Global port throughput has shown resilience over the last 10 years with throughput growth…
GAC has handled the first tanker to berth at the newly constructed Liquefied Natural Gas (LNG) terminal inside Kamarajar Port, Ennore in Chennai, India. The Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’ was carrying the first consignment of 78…
Emergency overflow parking spaces for up to 700 trucks have been created near Rotterdam port, Europe's largest, in anticipation of backups caused by Britain's departure from the European Union.Authorities in the Netherlands said on Monday they…