At a ceremony held earlier in March, officials celebrated the beginning of construction on the Charleston Harbor Deepening Project to 52 feet. 'It is a monumental accomplishment to begin construction on the Charleston Deepening Project,…
Dubai ports operator DP World will build and manage a new deepwater port on Democratic Republic of Congo's Atlantic coast, the Central African country's transportation minister said on Wednesday. Jose Makila told reporters that DP World…
A new short-sea container service between Amsterdam and Hull will be formally inaugurated today (21 March 2018) with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT).The new service, operated by leading short sea container operator Samskip…
Danish shipping group A.P. Moller-Maersk said on Tuesday its chief financial officer has decided to leave the company after only 16 months in the role. The departure of Jakob Strausholm, who took the role as chief finance, strategy and transformation officer in December 2016…
The Northwest Seaport Alliance said a late Lunar New Year positively impacted its February volumes as shippers moved cargo in advance of the holiday. Total container volumes grew 6 percent in February 2018 compared to February 2017 for a total of 279…
Maersk's shares down 4 pct at lowest level since November 2016. The company says CFO Jakob Strausholm has decided to leave the company after only 16 months in the role. His departure comes after Maersk decided to separate the finance role from its IT and digital transformation function…
Bharat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for JNPT (Jawaharlal Nehru Port Trust) users with its first barge and train volumes last week. A 90-TEU (twenty-foot equivalent…
Since February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia – Europe/Mediterranean network. As part of a regular network review, and in an effort to enhance schedule reliability…
* PSA International Pte Ltd (PSA) handled 74.24 million TEUs for the year ended 31 December 2017, representing an increase of 9.8% from the previous year.* PSA's flagship Singapore Terminals contributed 33.35 million TEUs, increasing 9.0% over 2016…
Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Latin American market a value-based choice of the high quality, reliable equipment that Kalmar is known for. Based on Kalmar's proven G-generation platform…
The ‘CMA CGM Antoine de Saint Exupéry', the largest containership ever to call at the port on the Elbe, berthed in Hamburg early on Thursday morning, 15 March. The maiden call by this ocean-going giant is a further milestone in the Port…
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, is pleased to announce the launch of a new freight rail service between Seville, Spain, and the Atlantic, beginning 4 April 2018. The service is expected…
Container shipping group CMA CGM said it expects a rebound in the industry to continue this year on the back of brisk economic growth, playing down the immediate impact of geopolitical tensions. French-based CMA CGM, one of the world's biggest container lines…
Oslo based MPC Container Ships ASA said it has reached a deal to acquire five feeder containerships presently managed and operated by Simatech Shipping & Forwarding L.L.C., Dubai for a total purchase price of $41.9 million in cash. MPC…
Li Ka-shing to retire after annual general meeting on May 10; will stay on as senior adviser to the group. Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd on Friday, bringing to a close…