Qatar-based maritime transport and logistics conglomerate Milaha has launched a direct container feeder service between Qatar and Iraq.The new service, which will be an expansion of the existing Qatar-Kuwait service that the company launched last year…
South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict…
Blue Atlantic Industrial & Logistics Park has welcomed a ‘transformational’ dredging project which will unleash trade and export opportunities in the Port of Setubal, Portugal.The 96-hectare site is located 40km south of Lisbon in one of Europe’s leading maritime industrial zones…
INTTRA, a neutral network, software and information provider for the ocean shipping industry, hosted a Technology Summit in Hamburg, Germany to address the need for collaboration across container shipping to help advance the ocean freight industry’s digital transformation…
The move towards container leasing and away from carrier ownership continues unabated and the leased fleet now has a clear majority over that owned by transport operators, according to the latest edition of the Container Census & Leasing and…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday for a third straight session as rates for capesizes continued to decline.* The overall index, which factors in rates for capesize…
Matson, Inc. shareholders elected Mark H. Fukunaga, Chairman and CEO of Servco Pacific Inc., as a new member of Matson’s board of directors. Concurrently, Matson Chairman and CEO, Matt Cox, announced that the board's independent directors have designated Stanley M…
Beginning immediately, two 20-foot containers with colorful graffiti are part of Hapag-Lloyd’s fleet. On them can be seen crocodiles, jungle vegetation and ice hockey players painted in graffiti style. With these unusual containers, Hapag…
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.
