Containerships News

 

Hyundai Merchant Marine to Spend $2.8 Bln on 20 Containerships

Sep 28, 2018

South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.In June this year, the company signed letters of intent for…

WTO Cuts World Merchandise Trade Forecasts

Sep 27, 2018

World trade growth is likely to be slower than previously thought in 2018 and 2019, although the direct economic effects of a trade war that has blown up this year have been modest so far, the World Trade Organization said on Thursday.The WTO forecast world trade in goods would grow by 3…

Proposed Rate Hikes for Houston Ship Pilots Under Fire

Sep 27, 2018

No less than 15 shipping companies, many of them top 10 liner companies, have written to Port of Houston Chairman Janice Longoria to reject the latest call for substantial rate hikes on the Houston Ship Channel. Local pilots already earn salaries that approach $500…

JAXPORT Sets New Container Record

Sep 26, 2018

The Jacksonville Port Authority (JAXPORT) moved nearly 115,700 twenty-foot equivalent units (TEU) in August. The port’s record monthly container volume beat its previous best of 115,300 TEU set in December 2017.JAXPORT said its container volumes are up 20 percent year–to–date in fiscal year 2018…

Maersk: New Cargo Guidelines After Containership Fire

Sep 26, 2018

Maersk has implemented new guidelines on dangerous goods stowage that aim to improve safety practices across its fleet in the wake of the fire aboard containership Maersk Honam that killed five crewmembers earlier this year.Following the deadly fire…

Maersk to Merge Damco, Ocean Product Units

Sep 19, 2018

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world…

Logistics News

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

China's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

Port of Detroit Unveils Plan to Decarbonize Operations

Port of Detroit Unveils Plan to Decarbonize Operations

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