Containers News


SC Ports Sees Strong Start to FY20

Aug 08, 2019

South Carolina Ports Authority saw a strong start to fiscal year 2020, recording its busiest July in Port history at container terminals and inland ports.SCPA handled 210,542 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container terminals in July…

Oakland Port Uncertain on Shipping Outlook

Aug 06, 2019

Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming, said the Port of Oakland.However, the container ship facility located in Oakland, California, in the San Francisco Bay…

MSI Launches Digital 'MSI Horizon' Platform

Aug 05, 2019

Maritime Strategies International has unveiled MSI Horizon, a new digital platform which enables clients to access the consultancy’s proprietary macro and shipping market models and asset valuations data via a single interface.The creation of…

Hamburg Inland Waterway Volumes Grow

Aug 05, 2019

Port of Hamburg, Germany’s biggest universal port, said that in the first three months of 2019, at 2.57 million tons, the total quantity of cargo carried by inland waterway craft between the Port of Hamburg and its hinterland achieved double-digit growth of 12…

Port Houston Box Volume Up 12%

Aug 04, 2019

Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger Guenther the port facilities have handled nearly 1.5 Million TEU through the first half of 2019…

LBCT Develops APIs

Jul 30, 2019

The largest container terminal in America, Long Beach Container Terminal Inc (LBCT) has officially developed “Application Programming Interfaces” (APIs) to improve upon the Terminal’s ease of doing business with the truck drayage community at large…

VOC Port Sets New Record

Jul 29, 2019

South India's VO Chidambaranar Port created a new record by handling 1,80,597 MT of cargo in a single day on July 27 this year, surpassing the previous single day record of 1,77,639 MT on November 16, 2017.The fourth-largest container terminal…

VIKING Wins Breakthrough Order for HydroPen

Jul 17, 2019

The globally exclusive HydroPen distributor and leading safety solutions expert, VIKING Life-Saving Equipment, has announced the signing of a fleetwide contract with a major global container shipping operator to integrate the HydroPen System for container firefighting…

Containers Market to Reach $12bln by 2023

Jul 15, 2019

The global shipping containers market, which amassed $9.29 billion in 2017, is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.According to a report by Allied Market Research, surge in seaborne trade, rise of transportation services…

Navios Containers Appoints Tsironi CFO

Jul 12, 2019

Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…

Freight Volumes Impacted by World Economy

Jul 12, 2019

Freight volumes in the United States and around the world are falling, signalling tougher times for manufacturers amid escalating trade tensions and heightened uncertainty.Freight volumes in the United States were up by just 0.8% in the three…

Container Volumes Fall at PoLB

Jul 12, 2019

Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…

Go-slow at Port Hits South African Car and Commodity Exports

Jul 11, 2019

A go-slow by workers at a major South African port is hitting exports of cars and other commodities, the country's Public Enterprises Minister Pravin Gordhan said on Thursday.State-owned rail operator Transnet said it had suspended a number…

DP World to Issue $700 million in Bonds, Sukuk

Jul 11, 2019

Port operator DP World plans to raise at least $700 million through conventional and Islamic bond issues on Thursday, documents issued by banks involved in the deal showed.Majority owned by the Dubai government, DP World plans to issue benchmark sukuk with a 10-year maturity…

AmeraMex: $500,000 Order for Box Handlers

Jul 09, 2019

AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies, announced that it has received a $500,000 order for container handlers. The equipment will ship before the end of July.AmeraMex CEO Lee Hamre commented…

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