Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services has been appointed APM Terminals CEO effective November 1, 2016. Morten succeeds Kim Fejfer, currently CEO of APM Terminals and Executive Board member in the A.P. Moller-Maersk Group…
Knud Stubkjær, CEO of SSA Inc., who has more than 35 years in the ship operation and terminal industry, received the 2016 Connie Award presented by the Containerization & Intermodal Institute (www.containerization.org) in Long Beach, CA, on Tuesday…
Pirates stormed a container ship off the coast of Guinea on Wednesday, making off with money and some of its cargo but leaving the crew unharmed, the government said. They fired guns and briefly held the crew hostage while they were looting the ship named Wendok…
The National Retail Federation and the Hardwood Federation has led a coalition of 120 organizations representing retailers, manufacturers, agribusinesses and other sectors affected by the Hanjin Shipping bankruptcy in sending a letter to Commerce…
Abu Dhabi Ports, the master developer, operator and manager of the ports and Khalifa Industrial Zone in the Emirate, has seen a successful first half of 2016. The company has experienced continuous growth as the UAE’s maritime trade hub with major growth across general and bulk cargo…
(Press Release) In the course of substantially enlarging their pallet wide fleet, UK-based MacAndrews & Company Ltd and German OPDR is expecting a delivery of 4000 new 40ft pallet wide high cube containers. Acquired and provided by CMA CGM,…
Rodolphe Saadé, CMA CGM Vice Chairman, will inaugurate a unique training course tailored for its future African executives, on Tuesday September 20th. With the launch of this new African development phase, CMA CGM will advance the skillset…
DP World London Gateway Port has announced a new shipping service to Australia, the Mediterranean and other key markets. CMA-CGM’s NEMO (North European Mediterranean Oceania) and Hapag Lloyd’s EAX (Europe, Australia Express) combined service…
Xeneta’s global community of shippers is reeling from the impact of the demise of Hanjin Shipping, the world’s seventh largest containership operator. Xeneta crowd-sources shipping rate data from more than 600 major international businesses…
At the Georgia Ports Authority board meeting Monday, Executive Director Griff Lynch reported the GPA achieved an August record of 330,846 twenty-foot equivalent container units, a robust increase of 5 percent compared to August 2015. 'August…
Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July.It…
A lawyer for Hanjin Shipping Co Ltd , the failed South Korean container carrier, said on Thursday a U.S.-bound vessel was held 'hostage' by disputes over payments, adding to the struggles in getting $14 billion of cargo off its ships stranded at sea…
Port of Long Beach container throughput lagging behind record-setting 2015 August exports surged 14.8 percent through the Port of Long Beach compared to the same month in 2015, but lower imports drove overall volumes down, the port reported…
INTTRA, the world's ocean shipping electronic marketplace, today announced that Philly Teixeira has joined INTTRA to serve in the newly created role of President, EMEA. Based in Copenhagen, Ms. Teixeira is responsible for INTTRA's EMEA financial…
Matson, Inc. announced the issuance of $200 million in privately placed 15-year final maturity senior unsecured notes pursuant to a previously announced commitment letter on July 18, 2016. The notes will have a weighted average life of approximately 8…
