The Port of Prince Rupert announced an expansion project for containerized cargo on Ridley Island that will help crops from the Canadian agricultural industry reach international markets while expanding intermodal logistics capacities at the Port of Prince Rupert…
Global mobile satellite communications services provider Inmarsat has signed a five-year contract with Hapag-Lloyd to migrate all ships directly managed by the shipping line to services enabled for Fleet Xpress. Hapag-Lloyd, the sixth largest…
German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk…
Customs inspectors in Malta have seized more than 300 kg (660 lb) of cocaine worth millions of euros on a container ship heading from Ecuador to Spain, Maltese officials said on Thursday. Prime Minister Joseph Muscat hailed the find as the…
Inchcape Shipping Services (ISS), a maritime and logistics service provider, and Maersk Line has expanded their coverage in Papua New Guinea by adding new ports of call in Madang and Wewak. Both ports complement the existing coverage provided at Port Moresby and Lae…
A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.’s (SHI) Geoje, South Korea shipyard…
South Carolina Ports Authority reported nearly nine percent fiscal year-over-year container volume growth through February. SCPA's total fiscal year-to-date container volume reached nearly 1.4 million TEUs last month, compared to 1.3 million TEUs handled during the same period last year…
Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…
APL has launched the Japan Express (JPX) service, a new weekly Trans-Pacific service which directly connects Japan with the U.S. West Coast. Offering direct connectivity between Japan and the U.S., the JPX service will offer transit times as fast as a 10 days from Sendai to Los Angeles…
Cargo traffic through the Port of Los Angeles decreased in February compared to 2016. as the timing of the Lunar New Year resulted in a significant amount of cargo being shipped in January rather than February. Coming on the heels of record volumes in January…
Ocean shipping electronic marketplace INTTRA announced it has acquired Avantida, provider of empty container management services for ocean carriers. Avantida is headquartered in Belgium and currently conducts business in seven European countries…
Jens Lassen, former head of Carnival Maritime and Donald Anderson, former CEO of V. Ships Group, have joined OSM Maritime Group as members of the board. “Jens Lassen has extensive experience from the maritime industry and ship management in particular…
Mitsui O.S.K. Lines (MOL) plans to further promote 'MOL Project & Heavy Cargo,' its brand for plant/heavyweight cargo transport services. The MOL Group will expand 'MOL Project & Heavy Cargo' activities in both Asia and Europe to enhance…
The global marine freight industry has struggled in recent years, suffering from a negative compound annual growth rate (CAGR) of 3.3 percent between 2012 and 2016 amid an increasing oversupply and a collapse of global demand, according to research firm MarketLine…
Vietnam National Shipping Lines (Vinalines) and Vietnam National Coal - Mineral Industries Group (Vinacomin - TKV) signed a memorandum of understanding (MoU) for a strategic co-operation agreement, Viet Nam News reported. As per the agreement…
