Though overall cargo volume through the Port of Vancouver in 2016 decreased 1.8 percent to 136 million metric tons from 2015, sectors experiencing declines were offset by others that hit new records, including the bulk grain sector, according…
In a ground-breaking analysis Drewry has examined the correlation between carrier terminal ownership and the choice of port calls by the 2M and upcoming Ocean and THE liner alliances. The results show that the choice of port call is often not in line with carrier terminal ownership interests…
After considering carefully recent changes in the Chinese container shipping market, CMA CGM’s senior management has decided to adjust the THC (Terminal Handling Charge) applicable to CMA CGM operations in Chinese ports (i.e. the OTHC). A…
Secure and efficient ports support a sustainable maritime sector and underline the interconnection between ships, ports and people. This was one of the themes outlined by International Maritime Organization (IMO) ' Javier Yasnikouski, Head of Maritime Security…
As the Panama Canal’s newly operational expanded lane helps set monthly tonnage records, the project’s impacts are being felt along the U.S. East Coast. Effects of the canal’s expansion are reverberating well-beyond Panama’s shores, as ports…
U.S. provider of intermodal marine chassis Direct ChassisLink, Inc. (DCLI) said it has acquired the approximately 11,000 chassis fleet of NYK Line (North America) Inc. that currently operates in pools managed by Consolidated Chassis Management…
Woodside and GE have signed an agreement to work together to support the use of LNG as a fuel in Western Australia.The agreement will provide customers with the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions…
Up to six 366-foot-tall cranes will soon be raised 27-feet higher at the Port of Oakland. The port said the $14 million-to-$21 million project will begin this spring at its largest marine terminal. The objective: make it easier to load and unload megaships with containers stacked high above deck…
ICTSI Oregon, Inc. and the Port of Portland have mutually agreed to terminate a 25-year lease agreement to operate the container facility at the Port’s Terminal 6. The agreement allows ICTSI Oregon to be relieved of its long-term lease obligations effective March 31…
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, received its first official vessel call today with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia.“This is a milestone…
The EU shipping industry directly employed 640,000 people and supported a EUR 57 billion contribution to GDP in 2015, says European Community Shipowners' Associations (ECSA) Adding supply chain and worker spending multiplier impacts, the…
Kristen Leonard will return to the Port of Portland (Oregon) on February 27, 2017 as chief public affairs officer, after leaving the port in November 2015 to serve as Governor Kate Brown’s chief of staff. During Leonard’s absence, Bobbi Stedman…
The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. 24, 2017, with the Federal Maritime Commission (FMC) to create the “East Coast Gateway Terminal Agreement.”The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies…
Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has reported a net profit of $195 million for the year ended December 31, 2016 compared to $300 million reported the previous year. The fall in the profit…
The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage. 'The Port of Savannah is unrivaled in its connectivity into the heartland of the U…