The number one Korean national containers carrier Hyundai Merchant Marine (HMM) and Singapore-based terminal operator PSA International have secured complete ownership of the Hyundai Pusan New-Port Terminal (Pier 4) in the Port of Busan, South Korea…
Jordan's Aqaba Container Terminal (ACT), operated by APM Terminals, is making strong progress in its transformation into a transport and logistics hub for the Levant region.The port operating company in Jordan said that this is being driven by improvements in infrastructure…
Six ships will be added to A.P. Moller - Maersk's new route network between Asia and Europe, the Danish conglomerate announced new changes to its services connecting Asia and Europe.Changes implemented in the second quarter of 2018 have improved the reliability of company’s schedules…
A.P. Moller - Maersk, an integrated container logistics company, announced that it is moving its North-East England coverage from Immingham to Hull.The existing connection between Immingham and continental Europe, will change to Hull, enabling…
Crowley Maritime Corp. has taken delivery of Taíno – the second of two of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG) – from shipbuilder VT Halter Marine Inc., of Pascagoula, Miss…
Reflections 2019 – Market Analysis Section By Peter Sand, Chief Shipping Analyst.This article contains extracts from BIMCO’s Reflections 2019, which will be available in full on 2 January 2019 on www.bimco.org and will be sent out to all BIMCO…
APM Terminals Mumbai, the largest container terminal facility in India, has achieved a record of handling more than 2 million TEUs (Twenty-Foot Equivalent Units) throughput in 2018 for the first time since the terminal was commissioned in 2006…
DP World has joined forces with industrial engineering company SMS Group for the 'high-bay storage' system for shipping containers.An international joint-venture formed by global trade enabler DP World and industrial engineering specialists…
Maersk Line is expanding its commercial offering with the introduction of an extended liability solution, Value Protect, which will act as a substitute to regular cargo insurance, in protecting customers’ cargo.'Maersk is expanding its commercial offering and introduces Value Protect…
The circular plastics hub in the Port of Amsterdam is expanding through the construction of a new plastics recycling plant. Plastic Recycling Amsterdam (PRA), a collaboration between Umincorp and Milieu Service Nederland, commenced construction of a plant this week…
Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.The cost reduction, based on contract freight rate data provided confidentially by Asian…
Mr Pirojshaw Sarkari, CEO, Mahindra Logistics on the overview of the year gone by and outlook for 2019:“At Mahindra Logistics Limited (MLL) we believe that the year 2018 continued to be transformational for the logistics industry. This was due to enhanced governmental focus on the sector…
Konecranes startup program, REACH, which seeks to find fresh ideas and opportunities for collaboration with some of the most innovative startups, scouted over 2000 startups.For the REACH Program’s finals, on December 12th, Konecranes selected four of the startups from REACH applications…
The Managing Director of Nigerian Ports Authority, Hadiza Bala Usman, has called on terminal operators, shipping companies, port managers and allied stakeholders to do all they could to eradicate or at best mitigate the effects of the present congestion at the nation’s seaports…
Saab has received an order from the China Maritime Safety Administration to renew and extend the Vessel Traffic Management Information System (VTMIS) in Shanghai, improving the safety and efficiency of shipping in the world's largest container portThe project will take 18 months to complete…
