Costa Rica is the latest country to ratify the Convention on Facilitation of International Maritime Traffic (FAL Convention).The International Maritime Organization (IMO) treaty enhances communication between ships and ports to help shipments move more quickly…
One Sea, the alliance that brings together leading exponents of autonomous ship technology, has secured new funding to support its role as business ecosystem, at the same time adding Shipbrokers Finland as a new partner.An injection of public…
CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a share offer to cement its control of the Swiss freight specialist.CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29…
The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to develop port services and promote increased trade flow between Europe, the Mediterranean and the Far East…
The merger between accountants and advisers BDO LLP and Moore Stephens LLP in London was completed earlier this month.Clients of the merged firm, BDO, will have access to offices in over 160 countries with a presence in every major shipping location in the world…
U.S. soybean supplies as of Dec. 1 were the biggest on record as demand for the oilseed fizzled amid a trade war between the United States and China, the U.S. Agriculture Department said on Friday.USDA also trimmed its forecast of the U.S. soybean crop harvested last fall to 4…
The Port of Boston’s Paul W. Conley Container Terminal set a new all-time record in 2018 for volume for the fourth year in a row. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…
Sea Port of Saint-Petersburg (CTSP), a company of UCL Port, stevedoring division of the international transportation group UCL Holding, handled 7.7 million tonnes of cargo showing a 12-pct increase versus the result of 2017.The increase of cargo…
German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous…
Matson has announced that Branton B. 'Bal' Dreyfus has been appointed vice president, Alaska, succeeding Kenny Gill, who has resigned from the company.In his new role, Dreyfus has management responsibility for all Matson operations in Alaska…
Following an almost total halt in exports of soya beans to China in the last quarter of 2018, the new year has brought new hopes for American farmers and the dry bulk shipping sector. The USDA reported that in the first four weeks of 2019 754…
E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters…
The Port of Savannah will soon be able to unload six 14,000 TEU vessels at the same time. The plan, which is called “Big Berth, Big Ship”, effectively doubles the port’s capacity to handle mega-boxships. Georgia Ports Authority (GPA) Executive…
Swedish Ports of Stockholm summarized 2018 as a record revenue year, with stable freight volumes and a record number of cruise passengers.Sweden’s biggest passenger port saw more than 16 million passengers travelling by ferry, cruise ship or on archipelago services in 2018…
The European Commission has approved the creation of a joint venture by Swedish Stena Rederi, part of Stena AB, and German Glovis Europe, which is controlled by South Korean Hyundai Glovis.Earlier, the companies have filed a merger application…