The world’s largest operational agreement between shipping companies Ocean Alliance -CMA CGM, COSCO SHIPPING, Evergreen and OOCL - has announced the launch of their Ocean Alliance Day 3 Product starting April 2019.'Rodolphe Saadé, Chairman and CEO of the CMA CGM Group…
Global provider of classification and technical advisory services to the marine and offshore industries ABS Advanced Solutions and Hong Kong-headquartered Fleet Management Limited signed an agreement to implement the ABS industry-leading cyber…
Shipping company Boluda Lines’ subsidiary Boluda Maritime Terminals has appointed Javier Fernández Bombín as new director of Boluda Maritime Terminal Las Palmas.He has taken up the new position at Boluda Corporación Marítima today, on 14 January…
Israel’s largest cargo shipping company ZIM Integrated Shipping Services has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades.Over the last year, following ZIM’s November 2017 announcement…
Taiwanese container transportation and shipping company Evergreen Marine Corp. is expanding its operations into Central and South America this year following the recent opening of four new agency offices in the region.'In view of the growth potential in Latin American trade…
The Singapore-headquartered global port operator PSA International handled 81.00 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2018.The Group’s volume increased by 9…
In late December 2018, two vessels operated by Ocean Network Express (ONE), namely “MOL Trust” and “MOL Tradition”, set a loading record of 18,694 TEU and 18,767 TEU respectively.“MOL Trust”, which operates in ONE’s “Far East Loop 2 (FE2)” service in THE Alliance…
The 2M shipping line alliance has confirmed that Liverpool will become a permanent call on its TA4 service connecting Europe with several US ports.The move follows the introduction of a temporary call in July 2018 resulting from continued disruption at the Port of Felixstowe…
Shipments of limestone on the Great Lakes totaled 28.4 million tons in 2018, an increase of 1.3 percent compared to 2017. 2018’s loadings were also 2.8 percent above the trade’s 5-year average.Loadings from U.S. quarries totaled 23.45 million tons…
Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.The canal is the fastest shipping route between Europe and Asia and one of the government's main sources of foreign currency…
Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate port facilities in Italy and develop sustainable technologies for maritime transport…
The Norwegian shipping company Color Line said that its newly purchased ro-ro ship M/S Color Carrier sailed for the first time from Hjortneskaia in Oslo to Kiel in Germany.Color Line can transport approx. 80,000 trailers annually on this stretch…
International Container Terminal Services, Inc.'s (ICTSI) flagship Manila International Container Terminal (MICT) has received four of 16 new hybrid rubber-tired gantries (RTG) as part of the Company’s long-term investment in capacity enhancement and environmental efficiency…
The shipping industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators…
Associated British Ports (ABP) has secured new business handling 40,000 tonnes of steel each year at the UK’s biggest port, the Port of Immingham.Freight forwarding company R.M. Maritime, has chosen ABP to expertly handle steel destined to be used in the construction industry in the UK…