DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Tesla and SpaceX CEO Elon Musk have discussed potential uses of Tesla technology for DP World’s global operations in a meeting at the World Government Summit in Dubai. Topics revolved…
Gateway Distriparks Ltd. (GDL) today informed that the construction of the first phase its Logistics Park & Container Freight Station (CFS) next to the Krishnapatnam Port Container Terminal has been completed and after receiving all necessary statutory approvals from the Customs Department…
Hyundai Merchant Marine (HMM)’s Asia-USWC market share has risen to 7.5% in January 2017 - a 2.6% increase compared to the same month last year. HMM announced that its Asia-USWC volume in January 2017 has increased by 55.3% year on year…
Container throughput achieves 1.0 percent advance in 2016/ Setting a record result for seaport-hinterland rail transport with 2.4 million TEU. In 2016 Germany’s largest universal port achieved a turnaround in seaborne cargo throughput, reaching a total 138…
Benjamin Tsai, previously serving as Chief Executive Vice President, has been appointed President of Evergreen Shipping Agency (America) Corporation, North America General Agents for global ocean carrier Evergreen Line. Roy Amalfitano, President for the last five years…
Work is underway at Virginia International Gateway (VIG) on a $320 million expansion project that will nearly double the terminal’s annual cargo handling capability. The project is the first of two large-scale expansion projects that, when complete…
ABS, a provider of classification and technical services to the marine and offshore industries, is providing resources that could dramatically improve safety on containerships with the enhanced ABS Guide for Certification of Container Securing Systems (Lashing Guide) and new companion software…
India can save up to USD 28 billion in infrastructure spend and another USD 3.3 billion in transportation cost if 50 per cent of overall trade moves closer to ports by 2020, PTI said quoting an EY report. The EY report 'Knowledge Paper on…
“The Federal Administrative Court in Leipzig has expressly underlined the necessity for the adjustment of the navigation channel with its decision today,” says Jens Meier CEO of Hamburg Port Authority commenting on the judgement of the Federal…
Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly…
Xeneta, an ocean freight benchmarking and market intelligence software platform, has raised $12 million in a Series B investment round led by London-based Smedvig Capital. Existing investors including Creandum and Alliance Venture also participated in the round…
Rodolphe Saadé is the new chief executive of container shipping line CMA CGM, taking over the role previously held by his 80-year-old father. The top spot at CMA CGM Group has been passed from one generation to another. Jacques Saadé announced…
Hamburg Süd has opened its first proprietary agency in the Middle East. On February 1 Hamburg Süd Shipping LLC commenced operations in Dubai, United Arab Emirates. The company-owned agency coordinates Hamburg Süd’s business in the Persian…
The U.S.’ top five trading partner countries for goods in 2016 were China, Canada, Mexico, Japan and Germany, according to full year 2016 U.S. international trade in goods and services data compiled by the U.S. Census Bureau and the Bureau of Economic Analysis…
European Shipping Week will take place in Brussels from February 27 to March 2, and there delegates will focus on the correct packing of Cargo Transport Units (CTUs) and the safety issues that result from poor work practices. The Secretary-General of the International Maritime Organization (IMO)…
