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…
Reflections 2019 – Market Analysis Section By Peter Sand, Chief Shipping Analyst.This article contains extracts from BIMCO’s Reflections 2019, which will be available in full on 2 January 2019 on www.bimco.org and will be sent out to all BIMCO…
Royal Caribbean International returned to the Port of New Orleans (Port NOLA) when the Vision of the Seas homeported at the Julia Street Cruise Terminal for its inaugural cruise Dec. 15, 2018. The 2,514-passenger ship will sail seasonal, seven…
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…
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries.The warning comes following the fraudulent diversion of a significant sum…
Kalmar, part of Cargotec, has signed a contract with SPT Services Sdn Bhd, for an order of 41 units of Kalmar TL2 Terminal Tractors. The order was booked into Cargotec's 2018 fourth quarter order intake and scheduled for delivery in December of 2018…
Liebherr Maritime Cranes has delivered the first out of two LHM 550 to its neighbors in the Port of Rostock, Germany. Euroports Germany wants to increase its turnover considerably with the new cranes. Liebherr succeeded in finding a tailor-made solution for the requirements of the Euroports…
Stowage planning is an extremely hard discipline that is taught in an apprenticeship fashion within liner shipping companies. By utilizing each container vessel maximally and incorporating knowledge about stowage planning in both operational and commercial functions…
This year, TRAC Intermodal celebrates 50 years of delivering high-quality products and innovation since its founding in 1968 as Interpool, Ltd.TRAC Intermodal has been helping transform the global supply chain for half a century through advances in engineering…
China to suspend additional 25 pct tariffs on U.S.-made cars for three months; China's planned tariff halt follows purchase of U.S. soybeans.China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan…
Striking stevedores at the Portuguese port of Setubal and the port administration reached a deal on Friday to end a strike that started 40 days ago and has blocked shipments of over 20,000 cars from a Volkswagen plant nearby.'Loadings can start today if there are ships ready…
The operationalizing of three investment projects will begin in Shahid Beheshti port of Chabahar this week, said a communication from the Iran government.Behrooz Aghaee, Director General of Ports and Maritime Affairs of Sistan and Baluchestan Province…
U.S. Transportation Secretary Elaine L. Chao announced 14 grants, which go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program.Port-related projects will receive a total of $229…
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…