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Trade Hopes Buoy World Shares

Apr 05, 2019

Cautious optimism over Sino-U.S. trade talks underpinned global stocks on Friday as benchmark bond yields ground higher and lifted the dollar to a three-week high against the yen ahead of U.S. job data.U.S. President Donald Trump said on Thursday…

SCPA Reaches Record Volumes

Apr 05, 2019

South Carolina Ports Authority (SCPA) announced the strongest March in its history and more than 11 percent fiscal year-over-year growth.SCPA moved 214,123 twenty-foot equivalent container units (TEUs) last month, making it the second highest month in SCPA history…

PSA Group Appoints Peter Voser as Chairman

Apr 05, 2019

PSA International, one of the world's largest port operators, announced that  Peter Voser, currently Deputy Chairman, is taking on the role of Group Chairman of the PSA Board.Fock Siew Wah stepped down as Group Chairman on 1 April 2019, and…

Grovfjord Wins Green Boat Order from Oslo Port

Apr 05, 2019

Norway's leading cargo and ferry port, the Port of Oslo has placed an order to build one of the world’s most environmental efficient working boats possible, with Grovfjord Ship Yard.The boat is especially designed for efficient collection of waste at the water surface…

Cosco Intros Guangzhou Supply Chain Platform

Apr 04, 2019

The global ports operator Cosco Shipping Ports signed investment agreement of Cosco Shipping Ports Supply Chain Project with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau.The Cosco Group company said that it plans…

Dachser Reports Year of Growth

Apr 04, 2019

German-headquartered logistics provider Dachser posted 5.5 percent growth in 2018 on record shipment and tonnage figures, driven primarily by its European export business.The company reported increased consolidated net revenue of EUR 5.57 billion (USD 6…

Liebherr Turnover Tops $11 Billion

Apr 04, 2019

The Liebherr Group notched up a company record turnover of $11.8 million in 2018, representing an increase of $828 million, or 7.5 %, compared with the previous year.Despite a slight decline in overall economic growth, revenues from construction machinery and mining equipment rose by 10…

Shipbuilding: Meyer Turku Growth Continues

Apr 04, 2019

Meyer Turku Group reported a turnover of €969.7 million for 2018, up from €808.2 million the year prior. The Finnish shipbuilder, which recorded €29 million in profits for 2018, said its financial figures indicate a good, steady company growth…

Port of Savannah Achieves Record March

Apr 04, 2019

The Port of Savannah handled more total containerized cargo and more intermodal rail volume, with greater connectivity and velocity, than any March on record, the Georgia Ports Authority reported today.While the port handled more than 410,000 twenty-foot equivalent container units last month…

Costa Cruises Increases Calls to Valletta

Apr 04, 2019

Costa Cruises will be increasing its number of calls to Valletta in 2020.A press conference was held aboard the Costa Fascinosa to launch the Malta-to-Malta cruises aboard Costa Cruises’ ships, with 32 departures operated from late March to early November 2020…

V.Group Opens New Center in Mumbai

Apr 04, 2019

V.Group, a global marine support services provider, opened its state-of-the-art new home in Mumbai in a ceremony earlier this week. Colleagues from across the Group were joined by CEO, Ian El-Mokadem, and a number of distinguished guests, to open the new building in Windsor Corporate Park…

OOIL, JD, Cosco JV for Logistics

Apr 04, 2019

Gold Talent, Cosco Shipping Logistics and JD Logistics  entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong…

COSCO Calls on Port of Liverpool

Apr 03, 2019

China's COSCO Shipping has confirmed it will call at the port of Liverpool after a successful trial last October to offer its clients more efficient services between Britain and Canada.'The world’s top five shipping lines are all now calling…

ECSA Workshop on IMO GHG Strategy

Apr 03, 2019

The European Community Shipowners’ Associations (ECSA) organised a workshop on the practical implementation of measures to reduce Greenhouse Gas emissions, attended by representatives of the European Commission, the European Maritime Safety Agency…

Port of Dover Prepared for Brexit: Drewry

Apr 03, 2019

Alternative capacity could be provided by short-sea container services between the UK and EU to alleviate possible congestion at the Port of Dover post-Brexit.The Port of Dover is the cross-channel port situated in Dover, Kent, south-east England…

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