Samskip recently added 200 brand new 40ft high cube reefer containers to its fleet, further enhancing its capability to ship temperature-controlled or perishable goods between the North Atlantic and the rest of the world. Equipped with the…
Diana Containerships Inc. (NASDAQ: DCIX) reported a net loss of $8 million for the second quarter of 2016, compared to a net income of $0.9 million for the respective period of 2015. Time charter revenues, net of prepaid charter revenue amortization…
Global trade enabler DP World and the state run Taiwan International Ports Corporation (TIPC), have signed a Memorandum of Understanding (MoU) for the development of Kaohsiung Port’s Terminal 7 in Taiwan. The agreement marks the beginning…
DP World Limited handled 31.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2016, with gross container volumes growing by 2.5% on a reported basis, and up 1.2% on a like-for-like basis…
British importers and exporters prefer direct mainline container services calling at their national ports and tend to dislike feeder services, says a Drewry report. Is there a risk that a politically isolated UK will no longer benefit from direct vessel calls…
Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term. PESA’s leadership is comprised of experienced industry…
INTTRA, the world's ocean shipping electronic marketplace, and NYK Line, informed that NYK has joined the rapidly growing INTTRA eVGM network for facilitating compliance with new container weight requirements adopted by the International Maritime Organization (IMO)…
The computer you’re using to read this, the food you eat, the shoes on your feet — most of these things were produced in one or more different countries and transported to you using a shipping container, says Maersk Line. Billions of people…
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo Shipping Market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. According to report Cargo Shipping Market - Global Trends and Forecast to 2021…
ZIM Integrated Shipping Services, one of the world's leading container shipping carriers, and INTTRA, the world's ocean shipping electronic marketplace, stated that ZIM's implementation of the INTTRA eVGM Service, which will facilitate compliance…
Today South Carolina Ports Authority (SCPA) welcomed the Hannover Bridge, first post-Panamax size vessel to call Charleston after transiting the newly-opened Panama Canal expansion. 'SCPA is already benefiting from the upsizing of vessels in response to the expansion…
2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14…
South Korean shipper Hyundai Merchant Marine Co Ltd said on Thursday that it had signed a preliminary deal to join a 2M vessel-sharing alliance of Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers. The deal with the '2M carriers…
Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped to push the port to a solid finish for fiscal year 2016.“We finished fiscal year 2016 in positive territory…
Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around the problem created for its freight forwarding network by Greek railway workers’…