A 984-foot Chinese container ship was greeted with fireworks and cheers from a crowd that had gathered, when it made an inaugural passage through the newly expanded Panama Canal on Sunday, formally launching the Central American nation's multibillion-dollar newly-enlarged Panama Canal…
16 teams, 1,000 fans and one trophy: The Hapag-Lloyd Football Tournament A great atmosphere, fans going wild in the stands and a lot of team spirit: It wasn’t just the European Championships or the Copa América that were keeping football fans on the edge of their seats last weekend…
The largest and most powerful engine from MAN Diesel & Turbo’s portfolio ever designed and built has entered service. Built by Doosan Engine in Korea and rated at 75,570 kW (103,000 horsepower), the engine is an MAN B&W 11G95ME-C9.5 two-stroke type that acts as prime mover aboard the MSC Jade…
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry. The global shipping fleet – encompassing all sectors except the non-cargo carrying ship types…
The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016. Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc. He first joined Alexander & Baldwin in 1992, and from January 2010 until his retirement in December 2015…
Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive. Maersk shares rose more than 10 percent…
Danish shipping and oil company A. P. Moller-Maersk has appointed Soren Skou, head of its container shipping unit Maersk Line, as new chief executive for the group replacing Nils Smedegaard Andersen who has been in the job since 2007.Soren…
Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative. 'The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply…
Shipping company Hapag-Lloyd and ocean shipping electronic marketplace INTTRA announced an agreement under which Hapag-Lloyd will connect with the INTTRA eVGM Service for facilitating compliance with new International Maritime Organization container weight requirements…
In the near future, a physical Customs document will no longer be required to transfer containers from one Maasvlakte terminal to the other within the Port of Rotterdam. Participating terminals APMT, ECT and RWG have made agreements with…
Speaking on a panel devoted to “Robotics & Automation in Container Terminals” at the TOC Europe’s 40th annual industry gathering devoted to port and terminal technology and operations, APM Terminals Head of Terminal Design and Automation, Alex…
Denmark's Maersk Line is fighting to remain the world's no.1 container shipping carrier as a wave of mergers and acquisitions, particularly in Asia, creates new challengers trying to grab a bigger share of a depressed market.Maersk itself…
Helle Hammer, Managing Director Cefor & Chair of the International Union of Marine Insurance (IUMI) Political Forum discuss about Container Weighing Rules. As of 1 July 2016, only containers with a verified gross mass will be allowed to…
The Port of Virginia processed 219,398 twenty-foot equivalent units (TEUs) in May, bringing the port to 2 percent growth in TEU volume for the calendar year and 2.6 percent growth in the fiscal year, which ends July 1.“Volume for May was not as high when compared with last year…
THE Incheon Port Authority said a regular container service connecting the port directly to the Middle East has been launched for the first time, backed by the Islamic Republic of Iran Shipping Lines (IRISL).According to MANA,The Iranian state-run IRISL will deploy its 5…