The equivalent of 2.42 million 20-foot containers were handled at the Port of Oakland in 2017, as the U.S. West Coast port surpassed its previous record of 2.39 million containers set in 2014. Strong import numbers helped the port to break another two of its cargo records in 2017…
The Container Owners Association – the international organization representing container shipping lines and container leasing companies worldwide – has appointed Frank Nachbar, Director - Container Engineering, Hapag-Lloyd, to its Board of Directors…
In 2017 Kiel again posted record handling while also passing the seven million ton mark for the first time. Overall, 7,407,376 tons were loaded or unloaded. That represents an increase of 14.3 percent over the previous year and is the best annual result ever achieved by the port…
Israel's largest cargo shipping firm ZIM has hired Liav Geffen to serve in the newly created position of chief digital officer (CDO). “The new Digital Unit in ZIM will drive the digital transformation the company has already embarked upon…
Qatar’s Hamad Port announced the addition of a new service from South Korean shipping line Hyundai Merchant Marine (HMM) to its growing network list, QNA reported. HMM’s 365.5-metre-long ‘Hyundai Drive’ made its first call to Hamad Port…
Digital transactions for the ocean shipping industry have arrived. Are you part of it yet? It may well be true that INTTRA is today the largest neutral electronic transaction platform, software and information provider for the ocean shipping industry…
Imports at the United States’ major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker…
The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will subtract from economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap widened 3…
In December 2017, the U.S. Federal Maritime Commission voted to allow the New York Shipping Exchange (NYSHEX) to move forward with two agreements it filed pursuant to the Shipping Act. The first filing is based on an agreement by ocean common carriers to participate on the NYSHEX Exchange Board…
Cranes are much more than just critical equipment. At ZPMC, it means the supply chain itself. In post-Panamax world – that is to say one which includes an expanded, deepened and improved Panama Canal – there are many layers to the logistics onion…
Greek shipping firm Euroseas Ltd took delivery of M/V Akinada Bridge, a 5,600 teu post-panamax size container vessel built in 2001 in South Korea, which the Company had previously agreed to acquire. Following its delivery, the vessel will commence during the first week of January…
Four giant new container vessels will join Iran's shipping fleet next year. With the arrival of these vessels, the rank of the national shipping fleet in the work will rise to 16 from 20 at present, chairman of the Islamic Republic of Iran Shipping (IRISL) Mohammad Saeedi was quoted as saying…
Oslo-based boxship owner MPC Container Ships has agreed two more secondhand purchases. 'MPC Container Ships ASis pleased to announce that it has entered into agreements to acquire “Annika” and “Antigoni”, two 987 and 1,049 TEU vessels built in 2008 at Daesun Shipbuilding…
Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore…
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM…
