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…
Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes…
In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. Evergreen Line has opened its own agency in Colombia following the establishments of other offices in Peru…
“We believe that the 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…
Dubai-based port operator DP World says it will buy a 71.3 percent stake in Chile's Puertos y Logistica SA, taking control of two key port terminals in the South American state.According to a filing on Nasdaq Dubai, where the state-owned port operator is listed…