India’s containerized trade growth slowed to 1% (9% in the same period last year) in Q2 2019, due to a cocktail of international factors such as slowing trade growth, and growing trade tensions – coupled with domestic factors like rural consumer distress…
Maritime industry professionals remain confident about the year ahead despite wider uncertainty, according to new data published by the British Ports Association. Ports themselves are more likely to be worried about the economy over the next 12 months…
Nowegean provider of Ro/Ro (Roll On/Roll Off) deep sea transportation services Höegh Autoliners announce an increased frequency in its service to Australia. Starting in November, the company will offer five sailing per month to Australia from Europe…
New Zealand Port Nelson said that continued growth in cargo volume has contributed to the port's delivering an operating profit of $30.5 million for the 2018/2019 financial year.This is an increase of $3.4 million compared to the $27.1 million reported in 2018…
Ship pilots stopped moving vessels along the Beaumont, Texas, Ship Channel due to severe weather caused by Tropical Storm Imelda, said the U.S. Coast Guard on Thursday.Imelda, officially downgraded to a tropical depression, dumped 24 inches (61 CM) of rain on east Texas is the past 24 hours…
Japan's shipping giant Nippon Yusen Kaisha (NYK) has been selected for the Dow Jones Sustainability Indices (DJSI), the world's leading investment indexes for ESG (environmental, social, and governance) criteria, for a 17th straight year.The DJSI…
The Georgia Ports Authority (GPA) has plans for a new container port on Hutchinson Island to increase the capacity of the Port of Savannah, Georgia, USA. The planned expansion will double the port’s annual capacity from 5.5 million TEUs to 11 million TEUs and the facility will be able to handle 2…
The Georgia Ports Authority (GPA) has revealed plans to double capacity at Garden City Terminal to 11 million twenty-foot equivalent container units per year.In Fiscal Year 2019, port-related industries announced $5 billion in new investment and 12…
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.Global growth in container volumes has picked up slightly in the second quarter of the year…
The Government of India opened its second multi-modal terminal (MMT) yesterday, September 12, 2019. Located on the River Ganges at Sahibganj in Jharkhand State, the new terminal is now ready for business following the completion of a two-year…
Antwerp and Rotterdam Port Authorities asked new European Commission (EC) and Parliament to focus on the economic significance of ports.The energy transition and digitization are the two strategic challenges facing large industrial ports. The…
ReCAAP ISC has issued the August 2019 Report on the situation of piracy and armed robbery against ships in Asia which notes that a total of eight incidents was reported in Asia in August and that of these eight incidents, two were piracy incidents and six were incidents of armed robbery…
The CMA CGM Group announced the appointment of Olivier Casanova as Group Deputy Chief Financial Officer.He will also serve as CEVA Logistics’ Chief Financial Officer.Casanova is a graduate from HEC. He started his career in 1991 as an investment…
The Port of Los Angeles has set a new single-month cargo record for the fifth consecutive month making it the busiest August in the Port’s 112-year history.During the month, the port moved 861,081 Twenty-Foot Equivalent Units (TEUs), an increase of 4…
Port of New Orleans (Port NOLA) President and CEO, and New Orleans Public Belt Railroad Corporation (NOPB) CEO Brandy D. Christian highlighted record volumes and bold vision for the future in the 2019 State of the Port address.Christian outlined…