The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. The Port said today that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76…
APM Terminals set a new North American operations record this month with 27,846 TEUs handled on one vessel.This represents a complete discharge of the vessel for import cargo and a complete new load of export containers, in addition to empty…
Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong historical operational and financial performance…
Oakland Metropolitan Chamber of Commerce CEO Barbara Leslie has joined the Port of Oakland’s governing Board of Port Commissioners. Ms. Leslie, a onetime Port Government Affairs Specialist, replaces Earl Hamlin who resigned from the seven-member Board…
Cargo volume continued to rise at the Port of Long Beach in November, setting the stage for a second consecutive calendar year record.The Port handled 621,835 TEUs of container cargo during the month, a 1.5 percent increase compared to November 2017…
China to suspend additional 25 pct tariffs on U.S.-made cars for three months; China's planned tariff halt follows purchase of U.S. soybeans.China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan…
Striking stevedores at the Portuguese port of Setubal and the port administration reached a deal on Friday to end a strike that started 40 days ago and has blocked shipments of over 20,000 cars from a Volkswagen plant nearby.'Loadings can start today if there are ships ready…
French start-up Traxens and MSC Mediterranean Shipping Company is cooperating with its partner in a pilot project in Valencia to use an Internet-of-Things (IoT) network to improve the operational efficiency of the port.MSC is already working with Traxens…
Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers, announced that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers.According to a press…
The Panama Canal has signed a memorandum of understanding with the Port of Itaqui to promote the shipment of grains and other cargoes in the commercial route from Brazil through the Panama Canal to destinations located in the Pacific Ocean.Itaqui…
The operationalizing of three investment projects will begin in Shahid Beheshti port of Chabahar this week, said a communication from the Iran government.Behrooz Aghaee, Director General of Ports and Maritime Affairs of Sistan and Baluchestan Province…
Shahid Ali has been appointed as the new Chief Executive Office of Maldives Ports Limited.Maldives Ports Limited annouced the appointment through a twitter message which read: 'On behalf of all the staff and management of Maldives Ports Ltd…
Singapore's port operator PSA Corporation Limited (PSA) has signed a memorandum of understanding (MoU) with the Singapore University of Technology and Design (SUTD) to develop a pipeline of talent for the future mega port in Tuas.The MoU is aimed at producing data science…
U.S. Transportation Secretary Elaine L. Chao announced 14 grants, which go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program.Port-related projects will receive a total of $229…
The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation between both of the logistics powerhouses…