Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says. A move towards protectionism would represent a significant additional risk…
The Madrid Maersk, the largest container carrier ever to call at the port of Antwerp, moored in the Deurganck dock on 9 June. This record-breaking ship with a capacity of 20,568 TEU unloaded 3,000 containers and loaded another 4,000 in the port of Antwerp in just 48 hours…
The Port of New Orleans Board of Commissioners has elected Robert R. Barkerding, Jr. as its new chairman, succeedsingMichael W. Kearney, whose term as chairman expired this month. Barkerding represents Jefferson Parish and joined the Board in February of 2013 when he was appointed by former Gov…
Djibouti opened a $64 million port on Thursday, the third of four ports designed to boost the tiny Horn of Africa nation's position as a trading hub, its ports authority said. Djibouti Ports and Free Zones Authority (DFZA) said in a statement…
Michael W. Kearney, Chairman of the Board of Commissioners of the Port of New Orleans, was named recipient of the 2017 Diolkos Award at the 7th Annual Rail Supply Chain Summit in Chicago on June 14, 2017. The Diolkos Award recognizes an…
As part of its strategic expansion in the Mekong markets, upply chain management company CEVA Logistics has opened its office in Myanmar's capital, Yangon. For the last five years, CEVA has been operational in the country through a network partner…
The transportation of pharmaceutical products in reefer equipment is subject to the particularly strict guidelines of the Good Distribution Practice (GDP) scheme. Hamburg Süd will be meeting the requirements with regard to calibration processes…
U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a virtual repeat of a year ago, the Lake Carriers’ Association (LCA) reported. The float totaled 9,496,663 tons this May and 9,473,709 tons a year ago. This May’s shipments were…
Crowley Maritime Corporation has appointed Paul S. Manzi as the company’s new vice president of safety, security, quality and environmental stewardship (SSQE), effective July 1. Manzi, who will be based in Jacksonville and report to Carl Fox…
U.S. Trade Representative Robert Lighthizer said on Wednesday there was no deadline for completing NAFTA trade talks between the United States, Canada and Mexico even as lawmakers warned that U.S. business would be hurt by prolonged negotiations…
Roads leading to Ivory Coast's major cocoa port of San Pedro have reopened after a week-long closure caused by heavy rains, the prime minister's office said on Wednesday. San Pedro, the West African country's second largest port, is located…
The transportation of pharmaceutical products in reefer containers is subject to particularly strict guidelines of the Good Distribution Practice (GDP) scheme. Hamburg Süd said it will meet the requirements with regard to calibration processes as of July…
Evergreen Line has teamed up with Alibaba.com to provide Alibaba.com members with the option of booking sea freight services online with guaranteed space and prices. Evergreen Line has also appointed Evergreen Logistics Corporation as a designated provider of customized…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated, for one of its Panamax dry bulk vessels, the m/v Protefs. The gross charter rate is $7…
Port operator APM Terminals, part of A.P. Moller-Maersk, said it will cut 160 staff at its Gothenburg terminal in Sweden, the largest in Scandinavia, as labour disruptions had caused container volumes to drop by 25 percent over the past year…