Containers & Breakbulk News - page 10

 

Navios Containers Appoints Tsironi CFO

Jul 12, 2019

Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…

Freight Volumes Impacted by World Economy

Jul 12, 2019

Freight volumes in the United States and around the world are falling, signalling tougher times for manufacturers amid escalating trade tensions and heightened uncertainty.Freight volumes in the United States were up by just 0.8% in the three…

Container Volumes Fall at PoLB

Jul 12, 2019

Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…

Go-slow at Port Hits South African Car and Commodity Exports

Jul 11, 2019

A go-slow by workers at a major South African port is hitting exports of cars and other commodities, the country's Public Enterprises Minister Pravin Gordhan said on Thursday.State-owned rail operator Transnet said it had suspended a number…

DP World to Issue $700 million in Bonds, Sukuk

Jul 11, 2019

Port operator DP World plans to raise at least $700 million through conventional and Islamic bond issues on Thursday, documents issued by banks involved in the deal showed.Majority owned by the Dubai government, DP World plans to issue benchmark sukuk with a 10-year maturity…

AmeraMex: $500,000 Order for Box Handlers

Jul 09, 2019

AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies, announced that it has received a $500,000 order for container handlers. The equipment will ship before the end of July.AmeraMex CEO Lee Hamre commented…

DP World Hires Banks for Dollar Bond Issue

Jul 08, 2019

Port operator DP World has hired banks to arrange a series of investor meetings ahead of a potential issue of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document issued by one of the banks leading the deal showed.DP World, majority owned by the Dubai government…

Ramping (Up) to Lift Port Production

Jul 08, 2019

As North America’s larger ports continue to increase capacity, dredging and air drafts are receiving the attention they deserve. As bigger post-Panamax boxships begin to arrive, none of that means anything unless truck turn times and TEU moves per hour can be improved…

Gothenburg Cuts Quay Crane Waiting Times

Jul 08, 2019

APM Terminals Gothenburg has managed to cut quay crane waiting times by as much as 90% by implementing new standard operational procedures for container lashing. This translates to a reduction from 38 minutes to just four.Using ‘Lean’ methodology…

Hapag-Lloyd Orders 13,000 Reefers

Jul 04, 2019

German-based cargo container shipping line Hapag-Lloyd AG has placed a record order for 13,420 refrigerated containers, known as reefers, which are set for delivery in November 2019.A statement from the fifth biggest container shipping line…

SC Students Name Cranes at Inland Port Greer

Jul 03, 2019

Little Miss Sunshine and South Craneolina have joined the ranks of South Carolina Ports Authority’s cranes — thanks to the creativity of two Greenville County elementary students. Haven Ebel and Jack Sibley-Jones, both fifth graders at Blythe Academy of Languages in Greenville…

Blockchain Container Completes Maiden Voyage

Jul 01, 2019

The Port of Rotterdam has announced that the first paperless and fully door-to-door tracked container, based on blockchain technology, has arrived at the warehouse of Samsung SDS in Tilburg.Last year Dutch bank ABN AMRO collaborated with the…

FIT Speeds-up Flow of Cargo

Jun 30, 2019

Florida International Terminal (FIT) has successfully deployed the eModal Community Portal (eCP) PreGate appointment module to improve turn times and customer service.The port operator of a 41 acre marine terminal in the Southport area of Port…

ICTSI Manila Yard Utilization Falls Again

Jun 27, 2019

The global port management company International Container Terminal Services Inc.(ICTSI) said yard utilization at its Manila port dropped 58 percent in June despite a series of holiday periods and low trucking activity.The Manila International Container Terminal (MICT)…

Maersk Debuts Online Spot Booking System

Jun 25, 2019

Danish shipping conglomerate Maersk launched a digital service that is designed to simplify supply chains and provides customers with a cargo loading guarantee at a fixed price.The Maersk Spot platform also helps its clients by addressing some…

Logistics News

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

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South Korea's NOFI purchases about 65,000 T of feed wheat, traders claim
South Korean mills purchased 35,800 t wheat from US traders, traders claim
South Korea's KFA purchased about 65,000 t corn from the U.S. privately, traders claim