Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…
German container liner Hapag-Lloyd sees itself on a promising course to achieve better results and further reduce debts as it cuts costs, benefits from merger synergies and finds itself in an improving shipping industry environment.'We see fairly…
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement 'will probably happen,' adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble…
Singapore-headquartered international petroleum storage and logistics provider Global Petro Storage (GPS) has entered into an agreement with the Port of Amsterdam to develop a railcar connection on land adjacent to GPS' existing 11-tank gasoline and bioguel storage and blending facility…
The third-largest cruise line in the world Norwegian Cruise Line (NCL) announced plans for the development and construction of the Norwegian Cruise Line Center of Excellence, a new shipboard seafarer training facility near Manila in the Philippines…
Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste…
China's commerce ministry said on Thursday that a U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit Beijing on March 28-29 for another round of negotiations.Chinese Vice Premier Liu He will travel to the U…
Canadian National Railway (CN) said it plans to invest approximately $345 million across British Columbia in 2019 to expand and strengthen the Company’s rail network throughout the province.“Following a record capital program in 2018, CN has…
The Northwest Seaport Alliance’s February container volumes reached 269,199 twenty-foot equivalent units (TEUs), a 4.1 percent decrease from last year. Despite the dip, the year-to-date container volumes are up 10.9 percent, with imports and exports growing 10…
The shipping companies and terminals in and around Amsterdam port are launching a range of initiatives for using rail more extensively for the transport of cargo, including containers and liquid bulk cargo.Recently Port of Amsterdam organised…
The biennial Posidonia Sea Tourism Forum will be held from May 28-29, 2019, at the Domotel Kastri Conference Center, in Athens’ northern suburbs. Here there will be more than 30 senior cruise executives responsible for ports and destinations from the world’s biggest cruise lines…
A consortium of investors including Poland's sovereign wealth fund PFR has agreed to buy the country's largest container terminal in Gdansk from the infrastructure fund of Australia's Macquarie in a deal worth more than 5 billion zlotys ($1…
Canadian National Railway (CN) said it plans to invest more than $245 million in Saskatchewan in 2019 to expand and strengthen the company’s rail network across the province.“Following a record capital program in 2018, CN brought on 25% more…
APM Terminals Mumbai, India’s busiest container terminals has achieved yet another milestone. The terminal has set a new national record for handling servicing largest volume exchange in a single port call - 11,026 TEUs on March 12, 2019.Working closely with the CMA CGM Group India Operations Team…
India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition…
