This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil…
The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million extra units from its factory in China with the hope of preventing coronavirus from ruining its Christmas sales.The move from the company, which sells product through Target…
The peak season for containerized exports from Asia to the U.S. is now underway with the COVID-19 pandemic and astoundingly high freight rates making it easy to forget the trade war which has now entered its third year. However, despite the disruption this year…
Hyundai Samho Heavy Industries has delivered the world's first very large containership powered by liquefied natural gas (LNG) to Singapore's Eastern Pacific Shipping (EPS), the South Korean shipbuilder announced Wednesday.The LNG-powered, 14…
A strong start to the peak shipping season led the U.S.' second busiest container port to record its best August in its 109-year history.Dockworkers and terminal operators at the Port of Long Beach moved 725,610 twenty-foot equivalent units (TEUs) of container cargo last month…
Container shipping group CMA CGM on Friday reported higher second-quarter profits and said it expects results to improve again in the current quarter as the shipping sector recovers quickly from disruption caused by the coronavirus pandemic…
Recent reports show that on-time performance in the containership sector continues to deteriorate, causing tension between the carriers and retailers. In general, non-ocean carriers – trucks and trains – are achieving reliability rates well…
Multimodal transport operator Samskip said it is reintroducing direct links between Amsterdam and Hull in response to recovering North Continent-UK unitized traffic, in a service renewal that reinforces containerized short sea options ahead of finalized Brexit trade negotiations…
Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday.A Zim spokesman said the company was not commenting.Two options being examined are to hold the offering in London or New York…
French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles…
The Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal topped its record for most container moves from a single ship.The 5,536 container moves conducted by longshore workers handling the Maersk Edinburgh over three days was the…
Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving containers at sea to return to pre-COVID levels in the first half of next year.The company's…
Plaquemines Port Harbor and Terminal District (PPHTD) said it has signed a letter of intent (LOI) with several potential partners to development a multi-modal container terminal on the Mississippi River in Plaquemines Parish, La.The signing…
Non-vessel operating common carrier (NVOCC) CargoGulf has signed an agreement with MFC Cargo Container Concepts, a division of Modern Freight Company, to lease their containers to support its continued expansion.Under the contract, CargoGulf…
Israeli shipping company ZIM said it has developed and implemented an artificial intelligence (AI)-based screening software to detect and identify incidents of misdeclared hazardous cargo before loading to vessel.Misdeclaration of hazardous cargo has been at the root of major marine incidents…
