Maersk Line announced the launch of the new Asia – Latin America / West Coast South America services. The service will provide Maersk Line’s customers with new direct products for Colombia, the Caribbean and Pecem, Brazil. It will reduce transit times and offer greater port coverage…
Canada's biggest grain terminal on a throughput basis plans to open at Port Metro Vancouver in 2019, nearly one year ahead of schedule, the chief executive of grain handler G3 Canada Limited said on Friday. The terminal, capable of handling…
Beginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central America and the Caribbean.Concealed behind the service names ASPA and ASCA will then be a completely new product…
Wheat from Pakistan wheat has been sold to overseas buyers after the country started a new state export incentive program, European traders said on Wednesday.Around four shipments of Pakistani wheat have been sold with two shipments said to be going to Kenya…
Women leaders from all over the world will gather in Singapore to attend the forthcoming WISTA Singapore Asia Conference taking place on May 10, 2018. The theme of the conference is “#UnlockingAsia – Opportunities and Threats” and topics such as “Ports & Terminals”…
The Port of Rotterdam Authority and IBM has announced their collaboration on a multi-year digitization initiative to transform the port’s operational environment using Internet of Things (IoT) technologies in the cloud to benefit the port and those who use it…
Joining efforts underway in Congress to address the nation’s infrastructure deficit, tonight, in his inaugural State of the Union address, President Trump called on Congress to produce a bill that generates at least $1.5 trillion “for the new infrastructure investment we need…
Egypt's United Arab Stevedoring Co. reported a H1 net loss after tax of EGP 13.7 million ($775,000) versus a loss of EGP 12.8 million ($724,000) a year ago.The company’s H1 revenue was EGP 7.6 million ($430,000) versus EGP 5.3 million ($300,000) a year ago.
Supply chain management company CEVA Logistics has appointed Eddie Aston to the position of Managing Director, UK, Ireland and Nordics (UKIN). Aston joins CEVA from Northgate the commercial van hire and leasing organization where he was UK Managing Director…
GAC Logistics Sri Lanka and Hemas Transportation have opened a new 30,000m² container yard with a capacity of 6,000 TEUs at their joint integrated logistics facility in the Muthurajawela Industrial Zone, Wattala. It is the latest development in the partnership between the two companies…
French container shipping giant CMA CGM has set up a new global startup incubator to drive its digital strategy. Based in Marseilles, France, the incubator Ze Box is set to house a dozen of startups from around the world, starting in June this year…
Increasing vessel supply will keep LNG charter rates under pressure in 2018, despite strong growth in trade, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. Drewry’s short-term…
Euronext said on Tuesday it will extend its Large-in-Scale (LIS) trade facility to commodity futures in response to interest in block trades. Euronext's most active commodity futures contracts, wheat and rapeseed, will be available on LIS Trade…
Finnlines said it is continuing capacity expansion efforts in response to growing volumes. The Baltic Sea ro-ro and passenger vessels operator has purchased MS Europalink as reports further progress in its vessel lengthening program. Finnlines Plc’s fully owned Swedish subsidiary…
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), has announced its financial results for the third quarter ended December 31, 2017.The company reported a net profit of INR 500 million ($7.8 mln) for Q3FY18 as against INR 645 million ($10 mln) in Q3FY17…