Hapag-Lloyd AG will now carry out the capital increase that was agreed upon as part of the merger of Hapag-Lloyd and UASC. The gross proceeds are expected to amount to approx. EUR 352 million (approx. USD 414 million). The official merger of the two companies occurred on 24 May 2017…
The British Ports Association has called for a new debate on a free ports policy following a report from trade specialists Crowe Clark Whitehill LLP. Commenting on the ‘Free Trade Zones: Part of the UK’s post Brexit international trade strategy’ report…
The maritime sector, which includes shipping, ports and the people that operate them, can and should play a significant role helping Member States to create conditions for increased employment, prosperity and stability ashore through promoting trade by sea…
APM Terminals Gothenburg has signed an agreement with the staffing agency Adecco to hire temporary personnel effective 1 October 2017 to address adhoc extra staffing needs at peak times. “The main work carried out at our container terminal will continue to be performed by our permanent staff…
Congressman Duncan Hunter (R-CA) and John Garamendi (D-CA), Chairman and Ranking Member respectively of the Subcommittee on the Coast Guard and Maritime Transportation, raised concerns today over the Trump Administration’s decision to issue…
More than 230 Cruise Ships to Transit the Panama Canal’s Panamax and Neopanamax LocksThe Panama Canal announced that it expects to receive approximately 235 cruise ships through the Panamax and Neopanamax Locks during the upcoming 2017-2018 cruise season…
Transportation and logistics company Bahri, together with Bolloré Group, a global player in international freight forwarding and logistics, celebrated the official inauguration of the companies’ joint venture, BahriBolloré Logistics. Bahri owns a 60-percent stake in the joint venture…
For the second year in a row, the Association of Bi-State Motor Carriers has named TRAC Intermodal the Best Overall Chassis Provider in the Port of New York-New Jersey for 2017. TRAC said it has made significant investments in its Metro…
Yesterday, the Panama Canal welcomed its 2,000th Neopanamax vessel through the waterway, demonstrating the route’s continued impact on maritime trade and the industry’s confidence in the safe, reliable and efficient service the Canal provides…
The Trump administration on Tuesday denied a request to waive shipping restrictions to help get fuel and supplies to storm-ravaged Puerto Rico, saying it would do nothing to address the island's main impediment to shipping, damaged ports. The Jones Act limits shipping between coasts to U…
OCEASOFT leverages cutting-edge IoT communication networks to support shipping and logistics cycles for temperature-sensitive products with its new mobile temperature data logger, Cobalt ML3, featuring LoRaWan, the LoRa Alliance’s long-range communication protocol…
“The world has great expectations for IMO delivering an ambitious greenhouse gas reduction strategy for the international shipping sector. We are confident that this initial IMO strategy, once adopted next year, will match the goals and philosophy of the Paris Agreement on climate change…
Logimatic has formed an alliance with Eiger Marine to market the most comprehensive and operational Fleet Management System to the shipping industry, in Greece and Cyprus. The partnership will offer customers in the maritime sector a complete software solution for Fleet Management: SERTICA…
Close to 240 maritime leaders and professionals will gather in Singapore to identify priority areas for international action and exchange best practices in maritime technology transfer and capacity building at the Future-Ready Shipping 2017 Conference…
With more than 3,000 loads of food, supplies and other cargo on its terminal in San Juan, Puerto Rico, and more on the way, executives with Crowley Puerto Rico Services said today the key to providing relief to citizens impacted by Hurricane…