Container shippers Maersk Line and Hamburg Süd announced a slot purchase agreement for Hamburg Süd’s volumes on the East–West trades to be shipped on vessels in the 2M network. Maersk Line acquired Hamburg Süd in December 2016, and the…
A Port of Oakland executive outlined a $600 million spending plan here today for growth at his West Coast trade gateway. Maritime Director John Driscoll told a maritime audience that Oakland would increase trade volume by investing in new facilities and better infrastructure…
An expanding maritime consultancy headquartered in Seattle has recorded its busiest start to a year so far with rising demand for its services worldwide. The Maritime Group (International) (TMG) is lining up contracts across multiple sectors for 2017 after a surge of interest in its services…
The Alabama State Port Authority has announced a new memorandum of understanding with the National Port Administration of Cuba, potentially laying the groundwork for future trade deals. The five-year, cooperative agreement was signed at the Tampa Marriott Waterside Hotel in Tampa…
Broward County's Port Everglades had a record-setting month in December 2016, logging 104,590 TEUs (20-foot equivalent units, the industry's standard measurement for containers), moving through the Port. This is the highest producing month in the Port's nearly 90 -year history…
The Port of Virginia’s new barge – the Richmond Express arrived in the Norfolk Harbor and scheduled to sail Sunday and be at Richmond Marine Terminal (RMT) Monday, Feb. 6.This new barge helps reduce congestion on I-64 and wear-and-tear on…
Germany's Uniper has hired Goldman Sachs to sell its stake in a liquefied natural gas (LNG) terminal in Italy, a deal that could value the whole business at 1 billion euros ($1.1 billion), three people familiar with the deal told Reuters.Books…
Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained their crews, a spokesman for the port said on Friday, after their collision last week caused an oil spill affecting marine life and local fishing…
Port of Seattle CEO Ted Fick tendered his resignation at a public port commission meeting Thursday after more than 2.5 years at the helm. Fick was recently placed on paid administrative leave due to “personnel issues” and the separation was described as “mutual”…
In line with the West Africa market trend, CMA CGM Group adapts its service offering while continuing to improve its service reliability and cost efficiency. Starting 1st week of March 2017, CMA CGM Group has decided to streamline its product…
The CMA CGM vessel Pointe des Colibris called at the Belgian New Fruit Wharf (BNFW) terminal in Antwerp on February 1 carrying among other things bananas from Suriname.These will be distributed via the port of Antwerp to the local market and to surrounding countries…
A coalition of 75 members of the House of Representatives called on President Trump to fully fund harbor maintenance programs in his upcoming Fiscal Year 2018 budget proposal.The letter, available here, noted that the Water Resources Reform…
The Port of Indiana-Mount Vernon handled nearly 2.5 million tons of cargo during the fourth quarter of 2016 shattering the port's previous quarterly record, set in the fourth quarter of 2014. The port's 2016 fourth quarter volume was a 44 percent…
The second of five highly efficient hydraulic cranes destined for Associated British Ports (ABP) facilities across the UK has arrived at ABP Swansea.Supplied and installed by the country's largest independent provider of port equipment, Cooper Specialised Handling…
Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday.The $285 million Port Muhammad Bin Qasim…