Highlights of the Freightos Weekly Baltic Index Report ...Just as the January 1 GRIs were losing traction, the mid-month round lifted transpacific prices back up again. The net impact was a 4% week on week rise for both lanes. China-West Coast went up from $2…
British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain’s departure from the European Union to keep tax arrangements in the bloc, the company said on Tuesday.Last month P&O said…
The Port of Oakland reported a record-setting 2018 in cargo movement, on account of an expected spike in imports aimed at beating new tariffs on goods shipped from China.According to data released by the port, it handled the equivalent of 2…
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…
Florida's Canaveral Port Authority has awarded a $108.5m contract to Ivey’s Construction for building its new Cruise Terminal 3 project.The contract agreement has been approved by the Canaveral Port Authority Board of Commissioners.Ivey’s was the low bidder to build a two-story…
TransNamib Holdings Ltd, and Botswana Railways (BR) recently signed a Memorandum of Understanding (MoU) in Gaborone, Botswana, which will culminate in the development and operation of a container terminal in Gobabis.The MoU, signed by TransNamib CEO…
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 2M shipping line alliance has confirmed that Liverpool will become a permanent call on its TA4 service connecting Europe with several US ports.The move follows the introduction of a temporary call in July 2018 resulting from continued disruption at the Port of Felixstowe…
Port of Oakland container volume reached an all-time high in 2018, according to data released. The Port said it handled the equivalent of 2.55 million 20-foot containers last year. That was up 5.2 percent from 2017 volume. It was the second straight year of record volume in Oakland…
Diana Containerships (NASDAQ: DCIX), a shipping company specializing in the ownership of containerships, announced that it has received written notification from The Nasdaq Stock Market LLC dated January 10, 2019, indicating that because the…
