Dubai state-owned port operator DP World Limited said it handled 17.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2018, with gross container volumes growing by 7.3 percent year-on-year on a reported basis…
Kansas City Southern (KCS) announced a new weekly service between the Port of New Orleans and Wylie, Texas (Dallas-market) beginning May 2018, relaunching intermodal service to this lane for the first time since 2005.“The return of the Kansas…
Danish shipping giant A.P. Moller-Maersk will be the first in the world to trial artificial intelligence (AI) powered perception and situational awareness technology on a containership.Under a deal signed with Boston-based Sea Machines Robotics…
London's Baltic Exchange is developing a container shipping index with Hong Kong-headquartered group Freightos in another sign that the centuries-old business is moving into new markets. Founded in 1744 as a forum for chartering vessels…
Hong Kong-based shipping company Orient Overseas Container Line Limited (OOCL) has partnered with Microsoft’s research arm to improve network operations and achieve efficiencies within the shipping industry through applied Artificial Intelligence (AI) research…
A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6…
Adani Ports & Special Economic Zone Ltd (APSEZ) said it had registered a 42 percent increase in throughput at Kattupalli port, handling 493,260 TEUs in the FY 2017-18.
Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20…
Sealand, the Intra-Americas regional ocean carrier of the Maersk Group, will operate a new direct, all-water service, the Gulf Ocean Express (GOEX) service, that connects Central America, Panama and Columbia to and from the Port of New Orleans (Port NOLA)…
Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities…
French container shipping company CMA CGM said on Friday it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market.CMA CGM said that as part of this process, it would subscribe to a 380-450…
The 20,000 TEU containership Cosco Shipping Gemini was officially named and delivered. The vessel was built by the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for Chinese owner Cosco Shipping Lines. Chief Financial Officer of Cosco Shipping…
Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1. The service is provided by Nor Lines’ liquefied…
Canadian National Railway Company (CN) announced it will acquire 350 premium boxcars to serve growing demand from industrial customers across its North American network. “These additional boxcars, combined with our new locomotives, hundreds of new train crew members…
Dutch-based transport company A2B-online Container B.V. has added a fourth weekly sailing on its service between Hutchison Ports London Thamesport and Moerdijk in The Netherlands. The new sailing is inaugurated today (18 April 2018) by the first call of the m…
