Matson said it it will increase the frequency of its South Pacific Express (SPX) service to Samoa and American Samoa from 28 days to 14 days. The service provides transits from Hawai'i and the U.S. West Coast to the Samoas: 12 days from Long Beach and 5…
German shipping group Rickmers said it would file for insolvency after bondholder HSH Nordbank rejected its restructuring plan a day ahead of a last-ditch bondholders' meeting. Rickmers had proposed a revamp plan under which the equity stake of owner Bertram Rickmers was to be reduced to 24…
German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000 land-based workforce after completing its merger with Arab peer UASC last week. A spokesman at Hapag-Lloyd's Hamburg…
Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast's second port of San Pedro to operate its container terminal as part of a deal to upgrade the facility, the Swiss shipping company said on Tuesday…
North Carolina Ports has named Brian E. Clark as its new Chief Operating Officer, responsible for directing and coordinating the activities of the line and staff components of all terminal operations. He will also oversee the execution of the…
There are two kinds of green. At Long Beach, the commitment to environmental progress remains at the forefront of the port’s business plan. That’s just smart business. A March 2017 visit to the Port of Long Beach provided a close-up view of one of America’s premier seaports…
Owner and operator of dry bulk and container vessels Navios Maritime Partners L.P. said it has acquired five containerships from Rickmers Maritime Trust Pte for $59 million. The five 4,250 TEU vessels are employed on charters with a net daily charter rate of $26…
The Port of New Orleans announced a new opportunity for shippers looking to transport perishable cargo from South America. Port NOLA received approval by the U.S. Department of Agriculture for inclusion in the Southeast U.S. In-Transit Cold Treatment Pilot Program…
German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company.The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year…
French container shipping company CMA CGM announced the launch of its new service between the west coast of the United States, Central America and South America, to be operated in collaboration with the German shipping company Hamburg Sud.Starting May 24…
Kalmar, part of Cargotec, has successfully delivered five rubber-tyred gantry (RTG) cranes to Evergreen International Storage & Transport Corporation in Taiwan. The cranes will be used in Taoyuan Inland Container Terminal and Hsichih Inland Container Terminal…
South Korean exports during the first 20 days of this month rose 3.4 percent from a year ago in U.S. dollar terms, customs data showed on Monday, while imports grew at 11.7 percent. Exports of semiconductors and petroleum products rose 41…
Port Canaveral said it has been named an official participant in the Southeast U.S. In-transit Cold Treatment Pilot Program by the U.S. Department of Agriculture, Animal and Plant Health Inspection Service. This pilot designation for Port Canaveral allows entry of in-transit…
Shipping group CMA CGM will launch on May 23, 2017 a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. Betting on the economic dynamism of both India and the countries of Africa, CMA…
On May 23, 2017, CMA CGM launched a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. The CMA CGM Group is betting on the economic dynamism of both India and the countries of Africa…
