Maritime research consultancy Drewry believes that the 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…
MOL TRIBUTE, operated by Ocean Network Express (ONE), renewed a loading record with 19,190 TEUs (including 38 TEUs void slots). The previous loading record was 18767 TEUs by MOL TRADITION in late December 2018. MOL TRIBUTE, which is deployed…
GE’s Marine Solutions has once again been selected by MSC Cruises and Fincantieri to provide the marine electric propulsion technology for two new Seaside EVO ships, further driving the evolution of the Seaside Class next-generation mega cruise ships…
Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe…
The launch of Scenic Eclipse, which is touted as world's most luxurious cruise ship and the world’s first “discovery yacht”, has been pushed back to 15 August 2019.Scenic Luxury Cruises & Tours announced last July a five-month delay until January 2019…
U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute.'So far, so good,' he said when asked by reporters on how the meetings in Beijing went…
CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a share offer to cement its control of the Swiss freight specialist.CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29…
Norway's designer and shipbuilder of specialized vessels VARD has contracted PG Flow Solutions to supply the engine room pump system to the world’s first autonomous and electric container vessel, Yara Birkeland.According to a press note from PG Flow Solutions…
Input sought on proposed work to enhance navigation.The public is invited to a meeting Wednesday evening for the “Port of Long Beach Deep Draft Navigation Feasibility Study and Channel Deepening Project,” a joint effort between the Port of Long Beach and the U…
The Port of Boston’s Paul W. Conley Container Terminal set a new all-time record in 2018 for volume for the fourth year in a row. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…
Navis, a part of Cargotec has announced a new global partnership agreement with International Container Terminal Services Inc. (ITCSI), around a centralized pooled approach and global volume view that supports ICTSI growth strategies around the world…
E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters…
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) and its partners began research and development work on the publicly funded FRESH project at its Container Terminal Altenwerder (CTA).FRESH stands for flexibility…
Hamburg Süd is introducing its future use of Remote Container Management (RCM) with full transparency in real time as well as significantly increased efficiency for refrigerated transport chains.In recent months, all the reefer containers used by Hamburg Süd have been outfitted with RCM technology…
Maersk Shipping Line will add a virtual assistant — named Captain Peter — in the first half of 2019 to its remote container management (RCM) platform, which will feature a revamped design and new product features.Currently being tested by a group of select customers…