SAAM, multinational company that provides port, towage and logistics services in 15 countries in Latin America, held this morning a Shareholders’ Meeting, where it reported on the positive results of the 2015 exercise and the perspectives for 2016…
The latest Container Shipping Forecaster from Maritime Strategies International (MSI) makes a more optimistic forecast on the demand side. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI's…
India’s major ports controlled by the union government recorded a 4.3% year-over-year increase in container throughput in fiscal year ended March 31, 2016, says a report in the Times of India. The irony is that while ports handled by the private sector witnessed a slowdown in shipments…
Ten maritime companies looking to hire interns and full-time employees recently conducted interviews with students at the San Jacinto College Maritime Technology and Training Center on the Maritime Campus. After a day of maritime transportation classes…
EUROGATE can look back on a good financial year, 2015. Despite difficult market conditions the European terminal operators Group increased its net profit by 13.4 percent to EUR 73.5 million (prior year EUR 64.9 million). Container handling at…
The Taiwanese carrier Wan Hai takes the plaudits with carriers' operating profit margins according to Alphaliner’s survey of the 16 main carriers that published full year financial results for 2015. The report shows that, Wan Hai is the most profitable container line…
Henrique Machado Rabelo, who has for some time already been responsible for commercial and institutional contacts and will now be focusing on the latter, was recently joined by Ricardo Sproesser, who will manage and develop the commercial contacts…
Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report. The LNG will be sourced from Qatargas 2, a joint venture among Qatar Petroleum…
Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that GB Group has gone live with Tideworks’ terminal operating system (TOS) at its facility near the Port-au-Prince industrial zone in Haiti…
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. During the development process, BIMCO and…
Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year. In 2016, mergers and acquisitions (M & A) in the Transport sector will supersede the levels seen in 2015 by exceeding the £ 52 billion mark…
China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators to create a new shipping alliance, say reports in local media. Wang Haimin…
United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April. These initiatives…
Atlantic Container Line (ACL) took delivery of Atlantic Sail last week, the second of five new conro (container and roll-on/roll-off) - new G4 generation vessels - ships the company is building as part of its fleet renewal process. The…
Diversified Port Holdings (DPH), LLC., a Jacksonville based stevedoring and terminal service organization and parent company to Portus and Seaonus, announced a pair of leadership appointments, naming Chris May as chief process officer (CPO) and Troy Gouger as president of operations…