The global XSI fell 1.6% in Jan-19 to 106.58 points, continuing the downward trend recorded since Aug-18. During this six-month period, the index has lost 5.3% of its value, having shed 5.92 points and now stands at a similar level to that recorded in May-17…
French cargo and cruise port Marseille Fos had a relatively stable year in 2018 with traffic of more than 81 million tonnes, up 1%.The performances included a seventh consecutive year of growth in container traffic, which rose 2% for 1.4 million teu…
A $67 million waterfront expansion concluded at the Port of Oakland this month, as TraPac marine terminal opened its newest vessel berth to arriving container ships.The milestone signals completion of a 2-year project at Oakland’s second-largest…
Following the Port Reform Agreement that was signed on December 2018 - Haifa Port Company, the operator of all current terminals in Haifa Port, reports a total throughput of 26,264,000 metric tons and 1,464,000 TEUs in 2018, and it continues…
CJSC Eurosib SPb - Transport Systems tgether with the Zhengzhou International Hub company (ZIH) started the first transit container train through border crossing of Grodekovo (Far East railway, RZD). The Container train follows the route Hamburg (Germany) - Zhengzhou (China)…
The ship Balao docked at Verbrugge Terminals in Vlissingen, in North Sea Port, carrying a cargo of fruit. This was the first ship to arrive as part of this logistical service provider's first permanent intercontinental shipping line.The ship was carrying fruit such as bananas and pineapple…
Two shipping lines and a marine terminal operator are leading the clean air charge at the Port of Oakland. The Port this week honored ocean carriers MSC and Hyundai Merchant Marine for 100 percent deployment of shore power-ready vessels. It…
North Carolina Ports set an all-time high for container moves in calendar year 2018. The Port of Wilmington recorded a year-over-year container volume increase of 23 percent.The accomplishments of 2018 can be contributed, in part, to the organization’s…
CMA CGM Marco Polo, the largest container ship in the world, docked at the major international seaport Cai Mep International Terminal (CMIT) in the southern Vietnamese province of Ba Ria-Vung Tau, commencing a new weekly service to transfer cargo directly from Vietnam to Northern Europe…
Avantida said that Maersk Line has started to offer street turn or container triangulation services through its computer platform in the United States and Canada. Avantida is owned by E2Open.Empty container triangulation, or the interchange…
Israel’s largest cargo shipping company ZIM Integrated Shipping Services has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades.Over the last year, following ZIM’s November 2017 announcement…
In late December 2018, two vessels operated by Ocean Network Express (ONE), namely “MOL Trust” and “MOL Tradition”, set a loading record of 18,694 TEU and 18,767 TEU respectively.“MOL Trust”, which operates in ONE’s “Far East Loop 2 (FE2)” service in THE Alliance…
Avantida, an E2Open company, has announced that Maersk, has started to offer street turn services on their platform in the United States and Canada. This represents Avantida’s first step into the US and Canadian markets.Empty container triangulation…
The shipping industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators…
The Port of Everett has achieved another vital step in reducing congestion on the I-5 corridor while moving more freight in the region. The Port was notified this month that it received designation by the U.S. Secretary of Transportation as…
