Today South Carolina Ports Authority (SCPA) welcomed the Hannover Bridge, first post-Panamax size vessel to call Charleston after transiting the newly-opened Panama Canal expansion. 'SCPA is already benefiting from the upsizing of vessels in response to the expansion…
2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14…
South Korean shipper Hyundai Merchant Marine Co Ltd said on Thursday that it had signed a preliminary deal to join a 2M vessel-sharing alliance of Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers. The deal with the '2M carriers…
Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped to push the port to a solid finish for fiscal year 2016.“We finished fiscal year 2016 in positive territory…
Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around the problem created for its freight forwarding network by Greek railway workers’…
Recognized for a third time in a row, Al Sharqi Shippping is awarded yet another year as a top customer for CMA CGM Logistics service provider Al Sharqi Shipping informs it has been recognized yet again as one of container shipper CMA CGM’s top customers for 2015…
Ruscon is integrating its terminal operations close to the Black Sea port of Novorossiysk in order to increase the efficiency of the operation.Ruscon’s Novorossiysk and Yug terminals have been co-operating and using shared software since…
Inchcape Shipping Services (ISS) has been awarded the NYK Liner agency in Australia. Part of the Nippon Yusen Kabushiki Kaisha Group, one of the world’s leading transportation companies, NYK Line container services has appointed ISS to represent…
Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled against Beijing's claims across large swathes of the South China Sea, fuelling geopolitical tensions in the vital waterway. A tribunal in The Hague…
Downsizing of capacity on the Asia-ECSA trade has paid dividends to carriers with much improved freight rates; why isn’t the scalpel also being used on other routes? In container shipping it is said that freight rates fall much further and quickly than they rise in the opposite direction…
INTERSCHALT maritime systems GmbH, a provider of maritime software for cargo operations and fleet management, NavCom services and manufacturer of VDR systems, announced a change in the company’s executive management today. This follows Cargotec…
Britain’s decision to leave the EU will not by itself deal a body blow to shipping markets, but its implications create significant downside risks The U.K. Brexit vote will have far-reaching effects on the container shipping market, despite the country’s relatively minor role in global trades…
Today, another milestone agreement was reached as Panama Canal Administrator and CEO Jorge L. Quijano and PortMiami Director Juan M. Kuryla renewed a Memorandum of Understanding (MOU) to promote trade opportunities and share best customer practices…
Seaboard Marine will launch a new weekly service commencing on Sunday, July 24, 2016, from New Orleans connecting U.S. exporters to Colombia, Panama, and Costa Rica in addition to Honduras, Guatemala, El Salvador and Nicaragua. The expanded service…
EU antitrust regulators accepted on Thursday an offer from Maersk, the world's largest container shipping liner, and 13 other competitors to change their pricing practices. The companies agreed to publish binding actual rates 31 days before they go into effect…
