Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a worldwide economic pullback.Investors were encouraged by data showing Chinese exports rose 3…
Konecranes has started to deliver a fleet of Konecranes Noell straddle carriers to APMT Barcelona in Spain. Twenty-nine diesel-electric Konecranes Noell Straddle Carriers, all equipped with the Konecranes Noell twin-lift spreader, will be delivered to APMT Barcelona in two batches…
South Carolina Ports Authority saw a strong start to fiscal year 2020, recording its busiest July in Port history at container terminals and inland ports.SCPA handled 210,542 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container terminals in July…
Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report…
The seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry, said a study.Seafarer happiness levels across tanker, bulk carriers and container ship sectors close to global average this quarter, it said.The latest Seafarers Happiness Index report…
The largest shipbuilder in Europe Fincantieri has floated Princess Cruises’ new Enchanted Princess out of the building dock at its yard in Monfalcone, Italy.The Italian shipbuilding company based in Trieste said in a press release that interior fittings will now begin…
Matson reported net income of $18.4 million, or $0.43 per diluted share, for the quarter ended June 30, 2019. Net income for the quarter ended June 30, 2018 was $32.6 million, or $0.76 per diluted share. Consolidated revenue for the second quarter 2019 was $557…
Panama's Canal Authority said on Wednesday that the canal was operating normally and without delays, adding that no ships had been detained in the trade waterway.The entity posted the statement on Twitter in response to a tweet from Venezuela's Vice President Delcy Rodriguez…
The Port of Long Beach, one of the greenest ports in the world, has selected HDR to perform the final design as it moves ahead with its $870 million effort to streamline rail operations and reduce bottlenecks at the second-busiest container port in the U…
Port Manatee has been awarded $1,425,000 in federal funding to advance three projects to bolster security at the fast-growing Central-Southwest Florida Gulf Coast port.“Port Manatee greatly appreciates federal support of our efforts to ensure safe…
Hapag-Lloyd has concluded the first half of the year 2019 with a significantly higher operating result than in the same period of the previous year. Earnings before interest and taxes (EBIT) increased to $436 million (H1 2018: $102 million)…
Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming, said the Port of Oakland.However, the container ship facility located in Oakland, California, in the San Francisco Bay…
Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming. But the Port of Oakland said today that there’s no uncertainty about handling the annual August-November cargo rush…
Terminal 46 on Seattle's working waterfrontThe Northwest Seaport Alliance is now accepting proposals for Terminal 46, a 50-acre deep-water marine terminal.Strategically located on the Seattle waterfront with convenient access to major road and rail infrastructure…
Canadian manufacturing group Bombardier announced it had signed a multi-billion dollar agreement to build two automated monorail lines in Egypt’s capital Cairo.According to a press statement, Orascom Construction, Bombardier Transportation,…