Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion…
Crowley LOGISTICS has opened a new walk-up retail shipping service center in South Florida to better serve consumers shipping small parcel and retail cargo to Puerto Rico, the Caribbean and Central America.The new space is devoted to less-than…
The Great Lakes Seaway Partnership announces the release of Economic Impacts of the Port of Chicago, a report documenting the many contributions made by the Illinois International Port District (IIPD) and Great Lakes Seaway Shipping to the City of Chicago…
Honolulu-based ocean carrier Pasha Hawaii resumed operations last night at Pier 1 and Pier 51 at Honolulu Harbor, after receiving an all clear from the U.S. Coast Guard and Hawaii Department of Transportation Harbors, following the passage of…
BT has announced the completion of an innovative, secure and resilient wireless backbone network on behalf of DP World Antwerp for its Antwerp Gateway in Belgium, one of Europe’s busiest container terminals.The solution is a vital part of DP World’s digital transformation of the terminal…
A.P. Moller-Maersk, the world's biggest container shipping group, will add devices to reduce harmful exhaust emissions to some of its ships ahead of new global fuel regulations starting in 2020.To combat air pollution, the International Maritime Organization (IMO)…
BIMCO, the world’s largest international shipping association, issued a stern warning today as once again, the already long list of tariffed goods has been made even longer.Many more commodities were hit on 23 August, but September is likely to dwarf it all…
Transnet’s forthcoming project to create deeper berths at Durban Container Terminal (DCT): Pier 2’s North Quay will enable the Port of Durban to accommodate newer generation container vessels by 2023.Addressing stakeholders at a business breakfast in Durban on Tuesday…
South Carolina Ports Authority announced the highest monthly container volume in its history, with 206,541 twenty-foot equivalent container units (TEUs) handled in August.August container traffic surpassed the Port’s previous record of 201,163…
DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…
Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years…
Avantida, an INTTRA company, announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform…
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…
German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…
Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…
