Small yet significant rises in European import and export activity, combined with increased Far East imports and continued growth in US exports has fuelled a moderate improvement in long-term global container rates in March. The trend, identified in the latest XSI Public Indices report from Xeneta…
Transnet National Ports Authority (TNPA) welcomed a high-level delegation from the Miami-Dade County in the United States for a tour of South Africa’s second busiest port, the Port of Cape Town, on Tuesday, March 26, 2019. The visit formed…
Saga Cruises has held the steel cutting ceremony for its second new-build cruise ship at a ceremony at the Meyer Werft shipyard in Papenburg, Germany.Spirit of Adventure, which launches in 2020, is the sister ship to Spirit of Discovery, which sets sail in July this year…
The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue…
On May 10, Port of Hamburg Marketing will be offering those who have always wondered how cargo handling in the Port of Hamburg functions very special company visits to mark Hamburg Port Anniversary. Compiled with help from numerous operators…
Bernhard Schulte Cruise Services (BSCS) was awarded technical management of Jalesh Cruises’ new vessel, MS Karnika. (formerly Pacific Jewel).The 70,285-ton, 2,000-passenger Crown Princess-class cruise ship is presently undergoing comprehensive…
Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…
German container liner Hapag-Lloyd sees itself on a promising course to achieve better results and further reduce debts as it cuts costs, benefits from merger synergies and finds itself in an improving shipping industry environment.'We see fairly…
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement 'will probably happen,' adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble…
Singapore-headquartered international petroleum storage and logistics provider Global Petro Storage (GPS) has entered into an agreement with the Port of Amsterdam to develop a railcar connection on land adjacent to GPS' existing 11-tank gasoline and bioguel storage and blending facility…
The third-largest cruise line in the world Norwegian Cruise Line (NCL) announced plans for the development and construction of the Norwegian Cruise Line Center of Excellence, a new shipboard seafarer training facility near Manila in the Philippines…
Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste…
China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U…
Canadian National Railway (CN) said it plans to invest approximately $345 million across British Columbia in 2019 to expand and strengthen the Company’s rail network throughout the province.“Following a record capital program in 2018, CN has…
The Northwest Seaport Alliance’s February container volumes reached 269,199 twenty-foot equivalent units (TEUs), a 4.1 percent decrease from last year. Despite the dip, the year-to-date container volumes are up 10.9 percent, with imports and exports growing 10…