As infrastructure expands to handle new business, the Port of Savannah moved more than 350,000 twenty-foot equivalent container units in December. Nine of the Georgia Ports Authority's 10 busiest months were in 2018. The Port of Savannah moved 4…
The port of Hamburg has for the first time introduced two straddle carriers with environmentally friendly hybrid engines.The first two energy saving, low emissions straddle carriers with hybrid engines are being used to transport containers between the ship…
Indian multipurpose port APM Terminals Pipavav has launched a rail connection to its Kanpur Inland Container, giving customers the opportunity to connect more efficiently to the gateway port.The new connection was named the 'Polymer Express'…
To better serve its diverse customer base, Crowley Logistics has invested almost $30 million in new cargo carrying equipment over the last year.The latest arrivals under this acquisition include 1,500, 45-foot (102-inch wide) dry container units…
The CMA CGM Group has announced the appointment of Christine Cabau Woehrel to the position of Executive Vice President in charge of assets. From March 15th, her main responsibilities will include managing the Group’s industrial assets such as its fleet of vessels…
British businesses implored politicians on Monday to stop quarrelling over Brexit and agree an orderly exit from the European Union, as some big firms set up emergency situations rooms to cope with the possible tumult of a no-deal divorce.With…
CMA CGM launches 30 Sfr/shr tender offer for CEVA shares; CEVA recommends shareholders decline the offer.ZURICH, Jan 28 (Reuters) - French shipping company CMA CGM on Monday formally launched a cash offer to buy out other shareholders of Ceva Logistics…
Port of Oakland’s container terminal operator, TraPac, concluded a USD 67 million waterfront expansion in January 2019 as it opened a new vessel berth to arriving container ships.The milestone signals completion of a two-year project at Oakland’s…
The global XSI fell 1.6% in Jan-19 to 106.58 points, continuing the downward trend recorded since Aug-18. During this six-month period, the index has lost 5.3% of its value, having shed 5.92 points and now stands at a similar level to that recorded in May-17…
French cargo and cruise port Marseille Fos had a relatively stable year in 2018 with traffic of more than 81 million tonnes, up 1%.The performances included a seventh consecutive year of growth in container traffic, which rose 2% for 1.4 million teu…
Monaco-based seaborne shipping company Navios Maritime Containers has acquired a 2011-built containership from an unrelated party for USD 52.5 million.The containership is expected to be delivered into Navios Containers’ fleet in Q1 2019 and is chartered out at a net rate of $26…
GAC Norway opens new Arctic Circle branch at Tromsø in response to growing demand, said the company.Sitting 300km north of the Arctic Circle, Tromsø is the largest urban area in Northern Norway and serves as a portal to the Arctic. It is a popular port of call for cruise vessels…
A $67 million waterfront expansion concluded at the Port of Oakland this month, as TraPac marine terminal opened its newest vessel berth to arriving container ships.The milestone signals completion of a 2-year project at Oakland’s second-largest…
Following the Port Reform Agreement that was signed on December 2018 - Haifa Port Company, the operator of all current terminals in Haifa Port, reports a total throughput of 26,264,000 metric tons and 1,464,000 TEUs in 2018, and it continues…
CJSC Eurosib SPb - Transport Systems tgether with the Zhengzhou International Hub company (ZIH) started the first transit container train through border crossing of Grodekovo (Far East railway, RZD). The Container train follows the route Hamburg (Germany) - Zhengzhou (China)…