International Container Terminal Services, Inc. (ICTSI) reported audited consolidated financial results for the year ended 31 December 2017, posting revenue from port operations of US$1.244 billion, 10 percent higher compared to US$1.128 billion in 2016…
Maersk has reported an active fire in a cargo hold on its liner vessel Maersk Honam en route from Singapore toward Suez around 900 nautical miles southeast of Salalah, Oman.After firefighting efforts were unsuccessful, the crew sent out…
Transinsular announced the 'Lince Class', the fastest maritime connection with Cape Verde from Portugal (Leixões / Lisbon) and the Canary Islands (Las Palmas). And therefore, the most competitive solution for exporting products from Portugal…
INTTRA announced significant growth in its carrier network with the recent addition of four new carriers, including Evergreen Marine Corporation, one of the largest container fleets in the world. The continuing growth of INTTRA's carrier…
Customer experience at the center of the Group’s strategy New products and services to meet burgeoning customer demand CMA CGM standardizes the use of smart containers Customer experience management has become a strategic necessity to satisfy customer demands…
INTTRA, a neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, today announced significant growth in its carrier network with the recent addition of four new carriers, including Evergreen Marine Corporation…
E*DRAY is a Digital Port Logistics Platform dedicated to Transforming Inefficient Container Shipping Industry Practices. E*DRAY, the container shipping industry's first collaborative port logistics technology platform, delivers a new coordinated…
Kuehne + Nagel announced the launch of KN ESP. By the use of the platform, customers will be able to connect, collaborate and manage their physical and digital supply chains from sourcing to delivery on a global level. Kuehne + Nagel’s new comprehensive supply chain management platform…
The final agreement to develop a greenfield economic free zone in Somaliland to complement the growth of the Port of Berbera has been signed between DP World and its government in Dubai. The global trade enabler expects to break ground on the 12 square kilometre free zone project this year…
Fitch Ratings-London-01 March 2018: Sustaining last year's improved profitability in 2018 may prove challenging for container shipping companies, Fitch Ratings says. The fact that some companies are likely to have remained loss-making in 2017…
Evergreen Launches New Electronic Documentation Function in Partnership with Bolero International. Evergreen Line introduces paperless Bill of Lading (B/L) and dispatch documentation via its ShipmentLink digital portal, enhancing connectivity for exporters and importers with banks…
Diana Containerships announced that it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell to an unaffiliated third party the m/v Sagitta and the m/v Centaurus, each a 2010 built containership for $12…
UK-based containership charter owner Global Ship Lease announced that it has agreed to acquire a 2005-built, 2,800 TEU containership for a purchase price of USD 11.3 million. Following delivery, which is expected to be during the second quarter of 2018 once the existing charter terminates…
Just a day prior to the South Carolina Ports Authority's celebration of the beginning of Charleston Harbor Deepening Project construction, the port welcomed two new ship-to-shore cranes at the Wando Welch Terminal to further enhance the handling of neo-Panamax vessels…
Diana Containerships Inc. said it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell Panamax containerships m/v Sagitta and the m/v Centaurus for $12.3 million each. The 2010-built vessels are scheduled to be delivered to the buyer…
