Container Ships News

 

Maersk to Buy U.S. Warehousing and Distribution Firm

Feb 19, 2020

Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics solutions.Maersk said the the value of the deal is $545 million…

Hapag-Lloyd: Asia Business 'Overall Stable' Amid Virus Outbreak

Feb 18, 2020

German container shipping line Hapag-Lloyd said on Tuesday its business in Asia was 'overall stable,' although the coronavirus outbreak had extended the traditionally slack period around China's Lunar New Year holiday.China's efforts to control…

Vado Gateway Welcomes First Ship

Feb 16, 2020

APM Terminals said that its new deep-sea container terminal, Vado Gateway terminal, located in Vado Ligure, Italy, received its first commercial service on 11 February 2020.The ship, M/V Maersk Kota, was the first of seven ships from Maersk’s weekly ME2 service…

PIL Exits Transpacific Market

Feb 16, 2020

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy.  The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements…

SC Ports Scores $20 mln DOT Grant

Feb 12, 2020

S.C. Ports Authority was awarded a nearly $20 million federal grant to assist with building vital infrastructure at Wando Welch Terminal in support of the Charleston Harbor Deepening Project.The U.S. Department of Transportation awarded the Port Infrastructure Development Grant for S…

Oakland Port Volume Jump 7.3% in January

Feb 11, 2020

San Francisco Bay-based container ship facility Port of Oakland said its containerized import volume jumped 7.3 percent last month over January 2019 totals.Exports were up, too, the Port said, lifting hopes for recovery from a U.S.-China trade war…

4 Major Lines Jointly Launches EMA Services

Feb 06, 2020

Chinese state-owned shipping company COSCO Shipping Lines, Hong Kong container shipping company Orient Overseas Container Line (OOCL), Japanese/Singapore container shipping company Ocean Network Express (ONE) and Taiwanese ocean shipping company…

Hapag-Lloyd Launches Reefer Monitoring Tool

Feb 05, 2020

The German company Hapag-Lloyd announced the adoption of a new real-time remote monitoring system for its reefer containers -  Hapag-Lloyd LIVE.The tool increases the transparency of the cold chain by offering customers a number of data sets…

Loggers, Food Exporters Impacted From China's Virus

Feb 04, 2020

The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most…

DCSA Sets Track and Trace Standards

Jan 29, 2020

The Digital Container Shipping Association (DCSA), a non-profit group of nine major ocean freight carriers, published track and trace standards in an effort to unify information sharing and further digitalization goals.'This is the first of…

Chinese Imports of Tariffed Goods from US Drops -BIMCO

Jan 29, 2020

US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared to the same period of 2017, the last full year unaffected by the trade war…

Performance Shipping Sells M/V Rotterdam

Jan 27, 2020

Greece-based Performance Shipping  announced it has signed a Memorandum of Agreement to sell to an unaffiliated third party the 2008-built Post-Panamax container vessel M/V Rotterdam, for a sale price of $18.5M before commissions.The global…

Sri Lankan Supercar's Journey in Maersk

Jan 27, 2020

The  container logistics company A.P. Moller - Maersk has embarked on a journey that covers the end-to-end logistics of first-ever Sri Lankan made electric supercar Vega EVX that will be unveiled at the Geneva Motor Show 2020 later this year in March…

Israel Approves Privatization of Haifa Port

Jan 21, 2020

Israel gave final approval for the privatization of Haifa port, one of its main seaports, in an effort to improve competition in an industry that has been plagued for years by high costs and labor disputes, the port said on Tuesday.The green…

Oakland Container Volumes Down 1.8% in 2019

Jan 19, 2020

The container ship facility located in the San Francisco Bay, Port of Oakland 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high…

Logistics News

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Techcross Smart Platform Leverages Data for Customer Services

Techcross Smart Platform Leverages Data for Customer Services

SSY Hires Wang to Drive LNG Business in China

SSY Hires Wang to Drive LNG Business in China

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

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