Pile driving at the Husky Terminal in the Tacoma Tideflats is slated to resume July 6 at the close of the annual fish migration season which runs from February to July. The Pier 4 work is part of $250 million in terminal improvements that…
The Panama Canal Authority (ACP) today held a public hearing on its tolls structure modifications proposal. “The modified tolls will safeguard the Canal's competitiveness, charge a fair price for the value of the route and provide a competitive service to the global shipping industry…
China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported. Three of these orders for 1,800 TEU (twenty-foot equivalent unit) containerships…
Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) announced the establishment of a holding company and an operating company, for the integration of the three companies' container shipping businesses…
APL has unveiled its Aloha Express (AEX) service, a new fortnightly service directly connecting Central China, Korea, Japan to Hawaii. The AEX service promises cargo delivery from Shanghai, Busan and Yokohama to Honolulu in 19, 15 and 12 days respectively…
Danish shipping giant A.P. Moller-Maersk expects client-facing operations to return to normal by Monday and is resuming container deliveries at its major ports following a cyber attack on Tuesday. 'We expect that by Monday we'll be back…
Bharat Mumbai Container Terminals Private Limited (BMCT), a subsidiary of PSA International, received its first batch of three Super-Post Panamax Quay Cranes on June 30, 2017 in the lead-up to BMCT’s planned start of operations at the end of 2017…
The U.S. Treasury Department said on Thursday it was placing financial sanctions on two Chinese nationals and a Chinese shipping company over their ties to North Korea stemming from its nuclear program. The department said in a statement…
Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of world trade is transported by sea…
T-Mining is currently working on a pilot project that will make container handling in the port of Antwerp more efficient and secure. Using blockchain technology, processes that involve several parties – carriers, terminals, forwarders, hauliers…
Maersk Line, one of the world's largest container shipping companies, said on Wednesday its cargo booking system was back up and running after a global cyber attack crippled its IT networks a day earlier. 'Further to earlier communications…
Shipping giant A.P. Moller-Maersk, which handles one in seven containers shipped worldwide, is not able to process new orders after being hit by a global cyber attack, it told Reuters on Wednesday. 'Right now, at this hour, we're not able to take new orders…
Swiss container line MSC (Mediterranean Shipping Company) is working with vessel-sharing partner Maersk to find ways to share data after a cyber attack on the Danish company, MSC said on Wednesday. MSC said it was prepared to divert ships away from affected Maersk terminals…
Domestic reforms have slowed down India’s trade momentarily, thereby weakening domestic demand. However, A.P. Moller – Maersk expects Indian EXIM trade to pick up pace in the next quarter. “This dip in import growth was due to piling up…
Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to the latest Multipurpose Shipping Market Review and Forecast report published by global shipping consultancy Drewry…