Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japan’s Nippon Yusen Kaisha (NYK Line). According to a Reuters report…
The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year…
In the first quarter of 2018, 5.01 million tons of cargo and 1.92 million passengers passed through the harbours of Port of Tallinn. The cargo volume increased by 0.3 % and passenger number by 0.2 % compared to the same period last year. According…
APL has announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports…
At a ceremony held in Istanbul on April 5, NYK signed an agreement to jointly build and operate a finished-car logistics terminal in Yarimca port near Istanbul, Turkey. The new joint venture will be owned and operated together with OYAK Denizcilik ve Liman İşletmeleri A…
APL today announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports…
Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s $87.4 million in outstanding revenue bonds, citing the port’s strategic location, intermodal connectivity, growing automobile volumes and diverse revenue base.“This rating is another…
Mediterranean Shipping Company’s Laurence, which arrived Thursday, is the largest container ship to call at The Northwest Seaport Alliance’s Terminal 46 in Seattle. The Laurence has capacity for almost 13,000 20-foot equivalent container units (TEUs)…
Busan Port Authority carried out marketing activities to attract T/S cargo from three global major shipping alliances through visiting their Asian Pacific regional headquarters. The three global alliances, 2M(Maersk, MSC), OCEAN (CMA·CGM…
Ambassador Vilma Martinez will step down as president of the Los Angeles Harbor Commission on April 6. Since joining the board in 2013, Ambassador Martinez oversaw several major milestones, including consecutive years of record cargo growth…
KOTUG Australia and Teekay Shipping Australia Pty Ltd. have reached a deal to reshape KT Maritime Services Australia Pty Ltd. (KTM) from a 50/50 joint venture to a full subsidiary of the KOTUG group. KTM was incorporated in 2012 to serve the Australian towage market…
Riverstone Holdings and The Carlyle Group jointly announce that they intend to sell HES International to a consortium of Macquarie Infrastructure and Real Assets (MIRA) & Goldman Sachs. Macquarie European Infrastructure Fund 5, which is managed by MIRA…
HudsonAnalytix, Inc. and its subsidiary HudsonCyber have completed a U.S. Maritime Administration (MARAD) Cargo Handling Cooperative Program (CHCP) grant to perform cybersecurity capability assessment workshops at three U.S. ports. HudsonAnalytix’s…
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Abu Dhabi Ports have opened a facility which will reduce trucking of EGA’s aluminium within Khalifa Industrial Zone Abu Dhabi (KIZAD) by over 290…
Maersk Line India announced the introduction of Export and Import service offerings at Kakinada port in Andhra Pradesh. This End to End service (Store Door) will enable customers in the region to reach global touch points. With this first time offering in Kakinada…