The CMA CGM Group completed today the sale of a 90% equity interest in Global Gateway South terminal (GSS) in Los Angeles (United States) to EQT Infrastructure III (EQT Infrastructure) and its partner P5 Infrastructure (P5), for an Enterprise Value of USD 875 million…
China's Cosco Shipping Ports (CSP) is launching a new berth at its joint venture container terminal - Cosco PSA Terminal (CPT) - with PSA Corporation in Singapore. The two parties inked a memorandum of understanding on Thursday for the berth…
Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Asia-Pacific (APAC) region a value-based choice of the high quality, reliable equipment that Kalmar is known for. Based on Kalmar's proven G-generation platform…
The CMA CGM Group has confirmed that its PAD service will become weekly, starting January 4, 2018. The service will link Northern Europe, the East Coast of the United States, Central America, the Pacific Islands, Australia and New Zealand…
Brandy D. Christian serves as the President and CEO of the Port of New Orleans, a public agency that manages more than $60 million in revenues, nearly 300 employees and $200 million in capital projects. Christian is one of 11 female port directors…
Trelleborg’s marine systems operation has signed a memorandum of understanding (MoU) with Third Harbor Consultants Company (THCC), one of China’s largest survey and design institutions in transportation and port engineering, and subsidiary of…
Since its delivery from the shipyard in 2007, crude oil tanker MT Solviken – managed by Wallem Europe – has had 15 Port State Control (PSC) inspections without a single PSC observation recorded. On completion of the latest PSC inspection which took place in Primorsk in Russia…
Allard Castelein is reappointed as Port of Rotterdam Authority CEO. He will be serving a second four-year term as CEO of the Port of Rotterdam Authority. Castelein (59) was reappointed by the Municipality of Rotterdam and the Dutch State…
Antwerp Port Authority and FPIM (Federal Participation & Investment Company) are to jointly acquire a stake in NxtPort, the digital data platform for the port community. The contribution by the new partners (Port Authority 75%, FPIM 25%) takes the form of capital plus a subordinated loan…
Bob Page is the sailing Englishman who loves Sweden. Now he is ready for his final major assignment: To ensure that the container terminal at the Stockholm Norvik Port becomes exactly as good as everyone anticipates. In the 1990s Robert “Bob” Page worked with logistics for Volvo in Gothenburg…
The members of the Smart Port steering committee collectively approved a first series of projects that will take advantage of the digital transition to affirm and consolidate the port-based vocation of the Aix-Marseille-Provence urban area…
APM Terminals Quetzal is transforming Guatemala’s port sector by offering the highest productivity port operations in the country. In less than a year of operations, four new vessel strings have been added to offer the country’s import/export industries more connections to overseas markets…
The Saudi-led military coalition fighting against the Houthi movement in Yemen said on Wednesday it would allow aid access through the port of Hodeidah and United Nations flights to Sanaa airport.The coalition closed all air, land and sea…
ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier…
The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…