A new long-term port master plan for the Port Authority of New York New Jersey (PANYNJ) is being developed by Hatch, for the development of the infrastructure hub’s 3,000-plus acres of cargo-related property, including all all PANYNJ port facilities…
Moody's downgraded A.P. Moller-Maersk's credit rating on Tuesday, piling pressure on the world's biggest container shipper as it juggles a major restructuring with a multi-billion dollar acquisition of a German rival. Moody's said the downgrade…
Wilhelmsen Ships Service announced that Michael Chen has accepted the role as General Manager for Wilhelmsen Huayang Ships Services China (WHSS). Based in Shanghai, Chen takes up the role immediately, replacing Captain Bi Yuping, who leaves the company after a decade…
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in November, an increase of 13 percent compared to a year ago, Lake Carriers’ Association (LCA) reported. Shipments were also slightly ahead of the month’s five-year average…
KAWASAKI KISEN KAISHA, LTD. (“K” Line) has announced its new containership service of “China Saigon Indonesia Services (CSI)”. The service will have direct port coverage from China to Ho Chi Minh, Vietnam and Indonesia, ensuring faster transit times to Ho Chi Minh…
Royal HaskoningDHV appoints two new leaders at Corporate level for Finance & Control and Global HR Services: Jasper de Wit has been named Corporate Director Finance & Control per January 1, 2017, and Abhishek Kaushal has been appointed to lead Global HR Services per December 12…
Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT), and Asia Container Terminals Limited (ACT) have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4…
In order to improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing…
Hyundai Merchant Marine Co. (HMM) expects its profitability to improve slightly in the first quarter of next year on the back of an improvement in freight rates and its cost-cutting measures, reports Yonhap, quoting its chief executive Yoo Chang-keun…
To improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing…
GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties…
Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route. Performing the 500th transit was the container vessel YM Unity…
The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced. The two berths are part of the port’s strategic expansion plan, which aims to significantly uprate the port’s capacity…
Express Global Logistics was honoured yesterday with the Dun & Bradstreet and RBL Bank Ltd SME Business Excellence Awards 2016 in the Transport & Logistics sector. Dun & Bradstreet, the world’s leading provider of global business information…
All Major Ports have been directed to implement the Radio Frequency Identification (RFID) system to track the movement of men, materials and vehicles within the port premises on real time basis. Implementation of RFID system will eliminate…