After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target.The Chinese state-run ocean…
The Singapore-based family-owned shipping company Pacific International Lines (PIL) announced that PIL will be enhancing our Transpacific service by offering direct services from Vietnam to the U.S West Coast, with effect from end April 2019…
Neo-Panamax container vessels experienced increased activity during the first quarter of 2019, compared to the fourth quarter of 2018, said Capital Product Partners.While charter rates for feeder and panamax vessels remained relatively flat due to…
Bulk shipping operations could soon return to the San Francisco Bay's Port of Oakland for the first time in 20 years. The Port said it’s negotiating with a Canadian building materials shipper to transport sand and gravel here.The Port’s governing…
APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The refined service will be calling three additional ports in Manila, Shekou and Nansha as part of its service rotation…
The Port of Savannah welcomed its first Seaboard Marine vessel Wednesday. The new shipping line customer supports Savannah's cold chain logistics system with one new service to Central America, and a second to Latin America and the Caribbean…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, recently recognized Chairman and CEO Tom Crowley Jr. and Crowley Maritime Corporation for more than 30…
On the eve of threatened tariff increases, the Port of Oakland says its import business is still growing. The Port has reported that its containerized import volume jumped 7 percent last month compared to April 2018. It was the busiest April in the Port’s 92-year history…
The international container terminal operating company headquartered in The Hague, APM Terminals said that it is working closely with the government of Egypt on the final pieces of the jigsaw that will ensure the success of Egypt Vision 2030…
The representatives of the Port of Rotterdam Authority and the port authority of Guangzhou signed a partnership agreement.As per agreement signed at the Chinese port, both organisations will be sharing expertise and best practices in the field of port management…
Port of Amsterdam realised net profit of EUR 68.5 million in 2018, which represents a 12.5% increase compared to 2017 (net profit of EUR 60.9 million).Revenue rose slightly in 2018, rising 5 percent to EUR 157.4 million, primarily due to a record amount of land allocations totalling 45…
Contship Italia Group confirms its intermodal vocation, both for continental and maritime cargo – and for the latter, a collaboration between Terminal Container Ravenna (TCR) and Hannibal will offer an intermodal opportunity for the territory of Ravenna…
GAC UK has opened two new branches, in Harwich and Ramsgate, to meet the increased demand in oil, gas and renewables work in the South of England.Both locations are actively servicing projects within their areas, and their addition to the GAC…
After two months of steady increases in long-term contracted rates for containership operators, the latest XSI Public Indices report from Xeneta shows a reversal of fortunes, with rates falling by 4.2%.According to the report’s crowd-sourced data - covering over 160…
Kirby Corporation announced net earnings attributable to Kirby for the first quarter ended March 31, 2019 of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share, for the 2018 first quarter. Excluding certain one-time charges…