Singapore's non-oil domestic exports (NODX) rose at a much stronger pace than expected in October, thanks to growth in both electronics and non-electronic sectors, official data showed on Friday. Exports increased 20.9 percent in October year-on-year…
In August 2017, Hong Kong’s Competition Commission refused to grant a block exemption to the Hong Kong Liner Shipping Association’s application for their companies to exchange market information, citing ‘competitive concerns.’ Maintaining…
The explosive growth of international boxships is challenging not only the physical infrastructure of North American ports, but also the very nature of the existing supply chains that they impact. The recent dialogue on container shipping has been all about so-called “mega-ships…
The Port of Los Angeles said it is on pace to become the Western Hemisphere’s first-ever port to move 9 million 20-foot equivalent units (TEU) in a single year, following strong box volumes in the month of October. Although October 2017 container volumes were down 8…
Hong-Kong based carrier Swire Shipping will offer general, non-containerized cargo and container service at Oregon’s sole international port from January 2018.A new call at Port of Portland's Terminal 6, which will likely be monthly and…
The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer. QTerminals was established as a jointly-owned…
Yang Ming announced an increase in third quarter profits of 23.4 percent from the same quarter last year. At its board meeting on November 9, the company approved the financial report that showed revenues for the third quarter of 2017 rising to $1…
A year of records continues at the Port of Long Beach, where this October was the busiest in history, as container volumes surged 15 percent compared to the same month a year ago. Trade has been growing so rapidly in 2017 that the record-setting October — at 669…
Since Hurricane Maria made landfall on September 19th, TOTE Maritime and its employees have been working around the clock to get relief and commercial goods to the people of Puerto Rico. Certainly, the largest effort is underway in San…
The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…
Florida International Terminal (FIT), the SAAM-operated terminal in Port Everglades-Fort Lauderdale (U.S.), welcomed the Maersk Winnipeg, marking the first call by the new Sealand SAE service.The service is a weekly route between South Florida…
South Carolina Ports Authority reported its strongest October on record, with 184,804 twenty-foot equivalent container units (TEUs) handled last month.Fiscal year-to-date TEU volume is up 5 percent, with 724,799 TEUs handled since the Port's fiscal year began in July…
The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as…
There are “solid signs” of restrained fleet expansion, matching world seaborne trade growth more closely, although not in all sectors. This was the message delivered by Richard Scott MA MCIT FICS, managing director of Bulk Shipping Analysis…
MarTID – the Maritime Training Insights Database -- a historic initiative to study global maritime training practices -- launches today.There is broad agreement that as much as 80% of maritime accidents involve human factors causes. As such…
