From October 1, electricity sourced from renewable energy will be used at Yokohama Daikoku C-3 Terminal, which began operations in August as the first finished-car logistics terminal in Japan operated by NYK, in the company’s effort to help…
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled…
Trans-Pacific short vs long contract freight rate gap hits record $2,400 per FEUAs the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on the Trans-Pacific trade lane has never been wider…
Abu Dhabi Ports launched the 'Smart Container' initiative, a prefabricated containerized data center runs a wide range of mission-critical applications, including port and terminal operation systems, visitor passes, and other digital customer services…
Abu Dhabi Ports announced said that Khalifa Port’s expansion -- announced in late 2019 -- is on pace for completion, despite challenges presented in the face of COVID-19. To date:200 meters of quay wall and almost 175,000 sq m of land within…
Material handling equipment, like forklifts, are vital to a port’s day-to-day operations. Forklifts enable employees to keep containers and other heavy materials on the move during their shift. But due to the nature of the equipment, forklifts…
The port of Salerno in southern Italy has been an important trading center since ancient times, and Italian port terminal operator Salerno Container Terminal SPA (SCT) has been a regular customer of Liebherr Port Equipment, today operating 11 Liebherr machines…
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven…
In 2007, scholar Nassim Nicholas Taleb, who holds a doctorate from the University of Paris, wrote a bestselling book titled “Black Swan,” which proposed a theory involving unpredictable events with significant impact. Taleb believed that a black swan event was an outlier with significant impact and…
Bulk carriers are the workhorses of international maritime trade. Those responsible for operating them need to manage significant risks inherent to the dry bulk trade. Certain cargoes can deplete oxygen, catch fire, explode, corrode holds or simply deteriorate…
Recent reports show that on-time performance in the containership sector continues to deteriorate, causing tension between the carriers and retailers. In general, non-ocean carriers – trucks and trains – are achieving reliability rates well…
Multimodal transport operator Samskip said it is reintroducing direct links between Amsterdam and Hull in response to recovering North Continent-UK unitized traffic, in a service renewal that reinforces containerized short sea options ahead of finalized Brexit trade negotiations…
The year 2020 has presented a litany of challenges to the safe movement of global project cargo. While heavy lifts and engineered cargo movements always present challenges from a rigging and execution standpoint, we have also faced exceptional challenges on other fronts…
Non-vessel operating common carrier (NVOCC) CargoGulf has signed an agreement with MFC Cargo Container Concepts, a division of Modern Freight Company, to lease their containers to support its continued expansion.Under the contract, CargoGulf…
Handling of steel boxes throughout the shipping, ports and logistics supply chain has historically grown exponentially, putting strains on a range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships…
