Port of Los Angeles container volumes drop 16 percent in November; year-to-date traffic up 2.7% due to service shifts, strike.The decrease was due in part to a vessel service shift from Los Angeles to the Port of Long Beach, and to cargo…
China Rongsheng Heavy Industries Group Holdings deliver their first container ship to a German owner.The new 6,500-TEU container ship measures 299.95 meters in length, 40 meters in breadth and 24.2 meters in depth. This latest delivery not…
The 175,343 gt 'CMA CGM Marco Polo' owned by CMA CGM Group joins the UK ship register.The first in a series of three new 16,000 TEU container ships, for the CMA CGM group to serve on the Asia-Europe routes, the ship was built in Korea by Daewoo Shipbuilding & Marine Engineering Co Ltd…
CMA CGM, the world’s third-largest container shipping line, purchases a stake in the Port of Long Beach’s Pier J.The deal will bring an additional 2.6 million container units to the Port and increase Port revenues by about $70 million over the next five years…
The Port of Seattle Commission approves lease extension with Total Terminals International (TTI), a J/V subsidiary of Hanjin Shipping & Terminal Investment Limited (TIL).The ten-year lease extension will secure continued volume and revenue at Terminal 46 for the next 13 years…
For the first time, Maersk Line’s throughput in the Port of Qingdao exceeded one million TEU in a single year.The full-year estimate of Maersk Line’s throughput will be around 1.2 million TEU for 2012, which is around 37% more than the 873…
Mina Zayed, Abu Dhabi's main port for more than 40 years, redirects container ships to Khalifa Port near Taweelah, UAE.Abu Dhabi Terminals (ADT) has completed the switch three months ahead of schedule and less than three months after Khalifa…
MAN Diesel & Turbo confirms its first order, from USA's TOTE Inc., for its low-speed, dual-fuel ME-GI engine.American shipping company, TOTE, has signed a contract with its compatriot shipyard NASSCO in San Diego for the construction of…
APL introduce a new weekly service to enhance its network coverage in East Asia, with connections to APLs global network.The new Japan Thailand 2 (JT2) service is operated through a vessel sharing agreement with Hanjin Shipping with three vessels of 1700 TEU nominal capacity each…
Historic deal in U.S. Shipbuilding, Green Ship TechnologyGeneral Dynamics NASSCO finalized a contract with TOTE, Inc., for the design and construction of two 3,100 TEU LNG-powered containerships, setting a new benchmark in green ship technology…
The National Retail Federation today issued the following statement from President and CEO Matthew Shay regarding the strike that has shut down most terminals at the Ports of Los Angeles and Long Beach. NRF last week sent President Obama a letter asking that he intervene in the strike…
The world’s 50 largest crane owners have been largely unaffected by the global economic slowdown, with fleet sizes static over the last three years and overall lifting capacities steadily increased, according to unique new report.Wadhurst…
No Foreign 100% Scanning of In-bound Cargo ContainersWhile some call it a long road to nowhere, the outcome was predicted, and the security of the U.S. with respect to supply chain vulnerabilities is still weak. Here’s where we are now.Scanning 2006 – The U…
US Company honored by Chamber of Shipping of America & Supply & Demand Chain Executive Magazine.Horizon Lines was recognized for outstanding achievement in environmental excellence by the CSA at a recent ceremony in Washington, D.C. Additionally…
Maersk Line, Limited (MLL) wins two awards for its continued efforts to improve the environmental sustainability of its operations. MLL received awards from the Chamber of Shipping of America (CSA) and the North American Marine Environment Protection Association (NAMEPA)…