The Port of Duluth-Superior generated $1.4 billion in economic activity and supported 7,881 jobs last year. Handling 35 million short tons of cargo generated over $504 million in total wages, salaries and purchases of goods and services in the regional economy…
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…
Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households…
German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…
Kalmar, part of Cargotec has signed a contract for supplying two Kalmar Ship-to-Shore (STS) cranes, including related spare parts, to Curaçao Port Services, said a press release.The Panamax size cranes will be used for modernising the customer's…
The UK is the third-largest maritime trading partner for the port of Antwerp. In order to be fully prepared for Brexit the Port Authority is taking various initiatives including the appointment of a new representative for the UK and Ireland…
Mitsui O.S.K. Lines (MOL) announced the establishment, effective July 1, of MOL Worldwide Logistics (MWL), and that they will lead MOL Group non vessel operating common carrier (NVOCC) business in Hong Kong.In a press release the company clarified…
The Major ports in India have recorded a growth of 5.13% and together handled 288.38 MTof cargo during the period April to August, 2018 as against 274.32 MThandled during the corresponding period of previous year.For the period from April-August 2018…
Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…
The family business Joyce Krane from Karratha recently ordered an LHM 280 Mobile Harbor Crane. The Australian heavy lift and logistic company has been a Liebherr customer of mobile cranes for many years and is now opting for its first Liebherr maritime crane…
France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday.'The shipping sector is…
The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow…
Egyptian container shipping line Transmar said it has leveraged the Port of Adabiya in an effort to strengthen its presence across Middle East and East African routes.With a growing interest in container services and a recovery in the Egyptian economy…
Shipping group CMA CGM has launched an advanced technology for the transportation of highly sensitive fruits and vegetables by active controlled atmosphere.CLIMACTIVE, unveiled at the 2018 edition of the Asia Fruit Logistica fair, is the latest…
Shipments of limestone on the Great Lakes totaled nearly 4 million tons in August, a near carbon copy of both a year ago and July of this year, The Lake Carriers’ Association reports. The 3,941,085 tons of limestone cargos in August also bettered the month’s five-year average by 5…
