Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump. The…
German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters.The deal to create the world's fifth-biggest shipping company…
A look at international trade and cargo security provides a short primer on how to reduce unnecessary costs. Global Trade ChallengesThe global market is unbelievable in size and scope, and it is expanding with global demand for goods and the growing adoption of offshore-sourcing by major U…
Insights for ocean carrier service research, shipment plan recommendations and routing guides CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced…
South Carolina Ports Authority reported 10 percent fiscal year-to-date growth of twenty-foot equivalent units (TEUs) handled through April at its two container terminals. SCPA has moved 1.8 million TEUs since the 2017 fiscal year began last July…
Proof that a new type of refrigerated container is prompting growth in Samskip’s temperature-controlled volumes arrived in Rotterdam during early May, when the multimodal operator added 51 more lighter weight 45ft length units to its fleet. The electric reefer containers…
Belgium's Port of Zeebrugge and developer Ecorys have launched a new online tool that gives port users access to a complete offer of direct and indirect intermodal connections.Zeebrugge is the fifth port in Europe to use Ecorys’ “Intermodal Links”…
“Florida seaports have demonstrated three straight years of growth in total cargo tonnage, including an increase of 4.2 percent in 2015/2016. This is in addition to a strong cruise sector, where Florida continues to be home to the top three cruise ports in the world…
A new system which treats lifting four or six empty containers as a single block using the same principles as the lifting of a six pack of beer cans has been developed to save the industry billions of dollars while also improving safety for terminals and shipping lines…
Bothra Shipping Services Pvt Ltd. has taken delivery of a new Liebherr LRS 545 Reachstacker for its Kakinada Port container operation. Furthermore, Bothra is awaiting delivery of a new Liebherr training simulator. Liebherr has delivered…
Mitsui O.S.K. Lines, Ltd. (container, tanker, dry-bulk and car carrier divisions) and KOTUG SMIT TOWAGE (KotugSmit) signed long term towage agreements, effective early 2017.The two have agreed upon a long term towage contract for the ports of Rotterdam…
Governor Nathan Deal, Port of Savannah officials and the maritime community were on hand to welcome the COSCO Development, the largest containership to ever call on the U.S. East Coast as it handled 5,500 containers, a record for Georgia’s ports…
In the medium term, demand for container shipping services should continue to rise in tandem with expected ongoing growth in global trading volume, says Hapag-Lloyd. As a result, the container shipping industry’s medium-term growth prospects remain intact…
Gulftainer, privately owned independent terminal operating and logistics company whose global divisions include GT USA in North America, has won an industry award for its Marine and Container Handling (MACH) Terminal Operating System (TOS)…
An Indonesian labour union has scrapped a planned strike at Jakarta's Tanjung Priok port next week, ensuring operations would run normally at the country's busiest port, union officials said on Friday. Nova Sofyan Hakim, the chairman of…
