The largest ever containership to call at the port on the Elbe berthed in Hamburg early on Thursday morning, March 15.The oceangoing giant CMA CGM Antoine de Saint Exupery made its maiden call at the Port of Hamburg's HHLA Container Terminal…
Global trade enabler DP World today announces strong financial results for the twelve months ending 31 December 2017. The company delivered earnings in excess of $1 billion and above 50% EBITDA margin for the full year.Revenue grew 13.2% and adjusted EBITDA increased 9…
Containership owner and operator Seaspan Corporation announced it has acquired Greater China Intermodal Investments LLC (GCI) from affiliates of The Carlyle Group and other minority owners. Seaspan, which previously held 11 percent of GCI and operated the company’s container vessel fleet…
DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1…
Navis, part of Cargotec's business area Kalmar, has entered into a subscription agreement with Cosco Shipping Ports Ltd. (CSP) for the Navis N4 terminal operating system (TOS). With the N4, Cosco aims to further enhance the efficiency of its port operations…
The Port of Los Angeles processed 725,059 Twenty-Foot Equivalent Units (TEUs) in February, the busiest February in the port’s 111-year history. Volumes jumped 16 percent compared to last February. Two months into 2018, overall volumes have increased 5…
The Port of Oakland released a new 5-year strategic plan today that pairs business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the Port grows. According to the strategic plan…
Natalia A container ship that belongs to Turkish ARKAS shipping line is docked in Contship Ravenna – the Contship Italia Group gateway on the Adriatic Sea. The Natalia A is deployed on the ADS service (Adriatic Service) that connects Ravenna with Istanbul…
Despite the grey clouds and rain that fell over the weekend in La Spezia, the YM Warmth making only her second call brought a splash of colour to the terminal when it discharged from Asia a brand new ONE container, showing off the bright new magenta livery…
The Port of Long Beach said its strong start to 2018 continues with a historic high in cargo volume for February following in the heels of a record January. During February, 661,790 twenty-foot equivalent units (TEUs) moved through the California port – a 32…
Danish shipping group A.P. Moller-Maersk's is betting on winning new customers for its port division by becoming a one-stop shop that can transport goods from factory to retailers' shelves. The move comes as Maersk, the world's biggest container shipper…
Responders Tracking Containers Lost off North Carolina The U.S. Coast Guard, NOAA and Environmental Protection Agency are monitoring the tracking and assessment of more than six dozen stray cargo containers lost due to high winds and heavy seas about 17 miles off Oregon Inlet…
The Port of Rotterdam could increase its market share in certain regions in South-West Germany by up to 23%, if additional rail connections are created. This is one of the outcomes of the “HiRo – Market Potential for Container Transports…
Imports at the nations’ major retail container ports are expected to dip slightly this month, but that’s the result of annual Asian factory shutdowns for Lunar New Year rather than new tariffs on steel and aluminum imposed this week, according…
Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions that range from tracking to transporting containerized cargo. The move…
