South Carolina Ports Authority announced the highest monthly container volume in its history, with 206,541 twenty-foot equivalent container units (TEUs) handled in August.August container traffic surpassed the Port’s previous record of 201,163…
DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…
Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years…
Avantida, an INTTRA company, announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform…
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…
German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…
Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…
France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday.'The shipping sector is…
Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling.Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented the certificate to Hapag-Lloyd COO Anthony J…
Egyptian container shipping line Transmar said it has leveraged the Port of Adabiya in an effort to strengthen its presence across Middle East and East African routes.With a growing interest in container services and a recovery in the Egyptian economy…
Shipping group CMA CGM has launched an advanced technology for the transportation of highly sensitive fruits and vegetables by active controlled atmosphere.CLIMACTIVE, unveiled at the 2018 edition of the Asia Fruit Logistica fair, is the latest…
Huangpu-Wenchong Shipyard (HPWS) announced that a 2,750 TEU feeder container ship for China Navigation will be the 200th DNV GL classified ship.A press release said that the cooperation between DNV GL and HPWS dates back to 1996 and covers ship types from feeder vessels to larger container ships…
Digital freight forwarder Twill has switched its brand affiliation from Damco to Maersk. The realigning of the brand will make it possible to offer Twill to all Maersk customers, in line with the A.P. Moller – Maersk strategy to become a global…
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…
China Harbour Engineering Company (CHEC) began the main phase of the construction of a new terminal basin in Sokhna Port south of the Suez Canal northeast of Egypt, said he state media Xinhua.According to the report, the project was assigned…