Historic deal in U.S. Shipbuilding, Green Ship TechnologyGeneral Dynamics NASSCO finalized a contract with TOTE, Inc., for the design and construction of two 3,100 TEU LNG-powered containerships, setting a new benchmark in green ship technology…
The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the strike that has shut down most terminals at the Ports of Los Angeles and Long Beach. NRF last week sent President Obama a letter asking that he intervene in the strike…
The world’s 50 largest crane owners have been largely unaffected by the global economic slowdown, with fleet sizes static over the last three years and overall lifting capacities steadily increased, according to unique new report.Wadhurst…
No Foreign 100% Scanning of In-bound Cargo ContainersWhile some call it a long road to nowhere, the outcome was predicted, and the security of the U.S. with respect to supply chain vulnerabilities is still weak. Here’s where we are now.Scanning 2006 – The U…
US Company honored by Chamber of Shipping of America & Supply & Demand Chain Executive Magazine.Horizon Lines was recognized for outstanding achievement in environmental excellence by the CSA at a recent ceremony in Washington, D.C. Additionally…
Maersk Line, Limited (MLL) wins two awards for its continued efforts to improve the environmental sustainability of its operations. MLL received awards from the Chamber of Shipping of America (CSA) and the North American Marine Environment Protection Association (NAMEPA)…
A.P. Moller-Maersk will not invest significantly in its shipping business over the next five years and will focus on its oil, drilling rigs & ports.Maersk intends to move away from the shipping side of things and go towards sectors which generate higher profits and are more stable…
The MCS container terminal in Leeuwarden & a winding hole for 110-metre container ships officially opened for business.The winding hole [turning basin] is at the junction of the Zwette and Van Harinxma canals. Following Westerbroek and Meppel…
In China's container terminal league table Shenzhen is overhauling HK, Dalian is the fastest growing & Yingkou vaults into top 25.Shanghai is still ahead of Singapore for top spot in the world – by some half a million boxes in the first three quarters – 24…
Very good operating performance, with profitability close to CMA CGM’s historic highs.The Board of Directors of France’s CMA CGM, the world’s third largest container shipping group, met under the chairmanship of Jacques R. Saadé to approve…
Contractor VolkerStevin appoints Mott MacDonald design engineer for deepening, renovation, of two berths in Southampton's Western Docks.Together with other port upgrades, the work for Associated British Ports will increase the terminal’s…
Diana Containerships Inc. container ship owners & operators report financial results in Q3 & first nine months trading in 2012.Extracts from the report follow:The company reported net income of $1.6 million for the third quarter of 2012…
The seventh L-type containership for Evergreen Line, launched and named at Korea's Samsung Heavy Industries shipyard. The new ship was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, and the ceremonial rope cutting for the new 8…
Among container Carriers, Maersk Line currently has the largest number of vessels idle. A report by shipping analyst Alphaliner (Vol. 2012, Issue 46) reveals Maersk Line as the carrier with most vessels idled, currently 14 units with an aggregate capacity of 94…
Port of Los Angeles report that container volumes Increased .82% in October this year; up 4.69% compared to October 2011.Imports decreased 1.07 percent, from 368,842 Twenty-Foot Equivalent (TEU) containers in October 2011 to 364,881 TEUs this October…