World shares tumbled for a fourth day running on Thursday after a warning from U.S. President Donald Trump that a long-worked-on trade deal with China was in serious danger.Chinese Vice Premier Liu He was heading to Washington for two days of talks…
DP World, one of the world's largest port operators, said on Thursday it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund.The purchase consideration is below 2.5 percent of DP World's net asset value as of December 31…
Hapag-Lloyd is optimistic about the year ahead, despite global trade tensions, the German container shipping company's chief executive said on Thursday after a first quarter earnings rise.'Despite all the uncertainty, we see a somewhat stable development…
A new dedicated perishables reefer train link between Spain and the Netherlands opened on Moday (May 06, 2019) and could save up to thousands of trucks trips a year.CoolRail, the new direct rail connection set up especially for fresh produce…
The first container-ship in the new Asia service Loop 7 - the Taurus, 14.424 TEU, belonging to the Ocean Alliance - has berthed in the Port of Hamburg.Port of Hamburg said that this service is part of the new Day 3 Product, with which the Alliance consisting of CMA CGM…
The international container terminal operating company headquartered in The Hague, APM Terminals said that it is working closely with the government of Egypt on the final pieces of the jigsaw that will ensure the success of Egypt Vision 2030…
Donald Raffo, the Marine Chemist at General Dynamics-Electric Boat in Groton, CT, has been appointed to OSHA’s Maritime Advisory Committee on Occupational Health and Safety (MACOSH) by the U.S. Secretary of Labor. MACOSH advises OSHA on matters…
The Wilhelmsen group recorded a $29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the previous quarter…
Mjølner Shipping Holdings LLC and MID-SHIP Capital LLC has announced the expansion of their joint venture with the launch of their second fund, Mjølner Product Solutions LLC.Mjølner Shipping Holdings LLC (“Mjølner”) and MID-SHIP Capital LLC…
Furuno USA has hired a new commercial business development manager. Based in Houston, Texas, Mr. George Toma will play a key role in establishing and developing business relationships with commercial ship owners, operators, and builders around the country to promote the Furuno product line…
The representatives of the Port of Rotterdam Authority and the port authority of Guangzhou signed a partnership agreement.As per agreement signed at the Chinese port, both organisations will be sharing expertise and best practices in the field of port management…
Singapore-headquartered port operator PSA International is all set to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA.Both Halterm and Penn terminals are 100% owned by Macquarie Infrastructure Partner funds…
Dutch shipbuilding giant Damen Shipyards Group N.V. has cut the first steel for a 34-metre long Day Cruise Vessel for Windermere Lake Cruises, located in England’s Lake District National Park.Damen and Windermere Lake Cruises have planned the…
As BBC Amethyst anchored in Porto do Açu, Brazil, she becomes the first vessel to make the big crossing from Antwerp to the Brazilian sea port.'Quite an achievement for Port of Antwerp International and the local partners who invested in the Brazilian port…
The Northwest Indiana Partners for Clean Air (PCA) has selected the Port of Indiana-Burns Harbor to receive the 2019 PCA Industrial Award. This award is in recognition of the voluntary actions taken in 2018 to improve air quality in Northwest Indiana…
