The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share.'I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend,' said Matt Cox…
Zepol Corporation released a report analyzing the trade activity for the top 20 ports in the United States. The annual report provides detailed import information for each port and compares trends to the previous year as well as sheds light upon potential future developments…
Troels Kløvedal has sailed the seven seas in his yacht Nordkaperen since 1967, but now returns to his native Denmark with his boat.This summer, Troels will be travelling by sea around his home country, filming for a TV show on the new TV2 FRI channel…
Trade intelligence company, Zepol Corporation, releases a report analyzing the trade activity for the top 20 ports in the United States.Four key insights found in the report: 1. The top port in the U.S. by a landslide, the Port of Los Angeles…
USA Maritime, a coalition of ship owning companies, maritime labor organizations & maritime trade associations states its position.USA Maritime Chairman James L. Henry corrects reports about the efficacy of the U.S. Merchant Marine in delivering U…
MOL (America) Inc. announce intermodal transit on-time performance results for January-March 2013. MOL’s overall intermodal transit on-time performance was 71% for January-March 2013, for the three origin ports in Asia, to the six inland destinations in the United States…
Port of Long Beach (POLB) modernization projects created 5,166 new construction-related jobs in the region in 2012.The number of new jobs is mainly linked to the award of contracts for the design and building of the Gerald Desmond Bridge replacement and an ongoing terminal makeover…
Somalia begins to build its national tax revenue from imported goods with new freight building up at the Port of Mogadishu.For the first time since the country slid into anarchy, container arrivals hit more than 1,200 in March 2013, reports Xinhua…
Upcoming Navegistic 2013 Show will highlight exponential maritime traffic & trade growth in S. America’s Paraguay, Paraná, & Platte R. system. The September 4-6, 2013, trade fair at the Mariscal Lopez Convention Center in Asuncion, Paraguay…
Evergreen Marine Corp. partnered with French-based CMA CGM Grou, & Yang Ming Marine both offer new container services.Evergreen's new route, called South Red Sea Service, connects Southeast Asia, the Indian subcontinent, and countries near the Red Sea…
Norway-based Xeneta gets funding to advance their comparison engine to the shipping industry & expand into new markets.The company, a price comparison service for sea freight, say they have received €1.2m in institutional financing. The round…
An additional 15,000 square metres has been added to the PT GAC Samudera Logistics (GSL) warehouse & distribution centre in Lippo Cikarang.The addition boosts the company's standing as one of Indonesia's largest third-party logistics (3PL) providers…
As Europe’s economic slowdown reshapes global trade patterns, Maersk Line taps into Asian growth by starting a new direct route to South Korea.A.P. Moeller-Maersk A/S began shipping from the port of Gothenburg, Scandinavia’s largest, to Busan…
The National Retail Federation issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on the International Longshoreman’s Association (ILA) vote approving a new, long-term master labor contract covering…
Dock-worker unions at strike-bound Kwai Chung container port to meet with two contractors under Labour Deptartment's mediation.The breakthrough comes as a strike by workers at the port threatens to enter a third week; however, port operator Hongkong International Terminals…