The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s 111-year history, eclipsing the November 2017 record of 924…
The Port of New Orleans (Port NOLA) has welcomed the largest cruise ship in both length and passenger occupancy to ever sail from the Crescent City when the Norwegian Breakaway homeported at the Julia Street Cruise Terminal for its inaugural cruise Nov…
As many as 20 LNG tankers floating in Asian waters; most off Singapore. The last time tankers used for storage was in 2014.Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders…
Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year…
Lung Teh (LT) Shipbuilding Company formally received construction permits for the site at Suao Port, according to Taiwanese government sources.The company will start construction in December and should finish all new facilities on its Suao Port campus in March 2020…
Nokia, ABB and Kalmar, part of Cargotec, have successfully conducted industrial trials that leverage the low latency capabilities of 5G to support time-critical applications and enhance protection and efficiency in a smart electricity grid and in harbor automation…
The Scaldia solar park officially opened in North Sea Port, the logistical heart of Europe. The firm ib vogt installed more than 140,000 solar panels, making this the largest solar park in the Netherlands.The official opening took place with the symbolic starting of the generator…
The the third largest container port in the world Port of Shenzhen Lativa's Freeport of Riga have a common goal - to become internationally important and strong ports through cooperation.Recently, Port of Riga welcomed a delegation from the Port of Shenzhen…
Slovenia-based supplier of blockchain solutions for logistics, CargoX has launched the CargoX latform to become the first open, neutral, and accessible blockchain platform in the shipping industry.The company said that the platform can be used by businesses of any size…
Dubai-based global port operator DP World and the Rwandan government have opened East Africa’s first Inland Dry Port, 20 kilometers from the capital city Kigali and close to the international airport.DP World Kigali logistics hub is a secure…
Norwegian container operator Yilport Oslo set an all time high record in a single month with 21 363 TEUS in October 2018, registering an increase of 28 % compared to October last year.Maiken Solemdal, Commercial Manager at Yilport Oslo explained…
Two prominent U.S. senators expressed alarm on Tuesday about the military and political consequences if China gains control of a port terminal in Djibouti, and said they were concerned it could further boost Beijing's influence in East Africa…
Chiquita sticks with Hueneme, signing a long-term contract with the Port. The new contract builds on their thriving business relationship which began in 2004.Chiquita imports enough bananas to encompass the globe six times every year through the Port of Hueneme…
In the third quarter of 2018, A.P. Moller - Maersk progresses in the strategic business transformation, reporting growth in both Ocean and non-Ocean with a total revenue increase of 31% to $10.1bn, 12% excluding Hamburg Süd. Growth in non-Ocean was at 15%…
Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect, shipping giant A.P. Moller-Maersk said on Wednesday, but warned a trade war would hit demand for container shipping in the coming years.Maersk's data…