Avantida said Hapag-Lloyd has become the first ocean carrier in the U.K. to offer its reUse container management services through the Avantida platform. The application allows the re-use of import containers for export shipments of the same shipping company…
U.S. import prices for September recorded their biggest increase in more than a year amid rising petroleum and food costs, but underlying imported inflation remained modest.The Labor Department said on Tuesday that import prices jumped 0…
Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday.Gyorgy Vargha said that while the company had traded one cargo…
China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said.Oo Maung…
An agreement has been signed between American President Lines LLC, Taiwan Branch and Taiwan International Ports Corporation Ltd, to renew APL’s terminal lease at the Port of Kaohsiung, Taiwan. The signed deal retains APL’s current terminal plot…
Following the close of its 2017 fiscal year (FY17), the Panama Canal announced that the waterway welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history…
Air traffic control technology is to be applied to a commercial port group in the UK for the first time. Peel Ports Group, the UK’s second biggest port operator, is investing £2.7m ($3.5m) across its network of seven Statutory Harbor Authorities to streamline marine operations…
ZIM is pleased to announce that starting November 2017, ZIM’s popular Seven Stars Express Service (Z7S) will add a call in Kaohsiung, Taiwan, offering unique advantages to customers, said a company press release. The service includes: Direct access to New York Maher terminal…
Antigua and Barbuda is getting ready to implement a maritime single window for ship notifications relating to stay and departure of the vessel, under a project facilitated by IMO technical cooperation programme. Norway is financing the project as well as providing technical expertise…
With Ocean ETA, shippers gain real-time visibility to ocean shipments and seamless orchestration of transitions between sea, land and air. Ocean ETA was launched by Savi, an innovator in big data/machine learning analytic solutions, supply chain management software and sensor technology…
The Port of Savannah moved more than 1 million twenty-foot equivalent container units across Garden City Terminal in the first quarter of FY2018 (July 1-Sept. 30), growing by 5.8 percent or 55,629 TEUs over the same period in FY17. In September alone…
Container volumes at non-major Indian ports like Mundra, Pipavav, Hazira and Katupalli ports have registered a combined CAGR of 20 percent (from 1.7 million TEUs to 4.5 million TEUs) for the last five years (2012-17) as against CAGR of 2 percent (from 7…
The Port of Los Angeles marked its third-largest September on record in terms of container volume. Last month, 763,785 Twenty-Foot Equivalent Units (TEUs) moved through the port, up slightly from last September. “As we enter the final quarter of 2017…
Greece's state controlled natural gas firm DEPA signed a cooperation agreement on Thursday with natural gas company Gastrade to participate in the development of a liquified natural gas terminal in northern Greece, DEPA said. Greece currently has one LNG terminal on an islet off Athens…
“Simply put, we are having the best trade months in port history,” said Lou Anne Bynum, Harbor Commission President at the Port of Long Beach, where cargo volume records continue to be broken. The port moved more containers last month than any September in its history…