The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent compared to last May. For the first five months of 2019, Port volumes have increased 5…
German-based cargo container shipping line Hapag-Lloyd AG's shareholders approved the proposal of the Supervisory Board to re-elect Michael Behrendt to the Supervisory Board as a shareholder representative.After being re-elected to the Supervisory Board and following the AGM…
The CMA CGM Group, a world leader in shipping and logistics, has announced it made its first call at Port Tampa Bay today with the arrival of the 8,469-TEU (Twenty-Foot Equivalent Units) CMA CGM DALILA on the PEX3 service.With the PEX3 service…
Record cargo volumes are moving across The Port of Virginia and doing so with efficiency as a result of expanded container handling capacity at its two primary container terminals.In May, the port processed nearly 261,000 TEUs (twenty-foot equivalent…
Since 2015, CO2 emissions per container transported per kilometer have been reduced by 17%, said CMA CGM Group, the shipping and logistics giant.'The Group has achieved a 50% reduction in CO2 emissions per container transported per kilometer between 2005 and 2015…
ABS has launched its Low Carbon Shipping Outlook to help the maritime sector evaluate potential pathways to low carbon shipping.The Outlook defines ship technologies, operational efficiencies and alternative fuels and energy sources needed to reach 2030 and 2050 targets…
The West Africa Container Terminal (WACT) has invested in a new container freight station (CFS) at the Port of Onne, Nigeria.The 1,520m2 facility - the first of its kind in East Nigeria - provides Nigerian farmers with an opportunity to grow…
Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) has announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk and IBM.With CMA CGM, MSC, Maersk…
CSP Abu Dhabi Terminal, a container terminal built and operated by China's COSCO SHIPPING Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month - cementing Abu Dhabi’s position as a global maritime hub…
The Japanese container shipping company, headquartered in Tokyo and Singapore Ocean Network Express (ONE), recently held an inauguration ceremony with PSA Singapore (PSA) for the Magenta Singapore Terminal (MST).The joint venture between ONE…
A.P. Moller-Maersk, the world's largest container shipping company, warned on Friday that trade tensions and an economic slowdown are slowing growth in global freight.Maersk, which is seen as an indicator of global trade patterns, cut its forecast…
Marshall Islands-incorporated Global Ship Lease (GSL) announced that it has agreed to acquire three 2004-built, 7,849 TEU containerships for an aggregate purchase price of $48.5 million.Upon delivery during the second quarter, the first vessel will commence a five-year charter with Maersk Line…
The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in the container liner shipping line Hamburg Süd’s global network of liner services.In cooperation with Maersk, Hamburg Süd will…
Today, the Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15…
The Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15…