Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations…
The biggest cargo shipping company in Israel ZIM Integrated Shipping Services (ZIM) upgrades ZIM Container Service Pacific (ZCP) and Introduces a New Service (CFX) Connecting Jamaica, Florida & Canada. 'ZIM is pleased to announce a change…
South Carolina Ports Authority reported a fiscal year-to-date container volume record of over 1.4 million twenty-foot equivalent container units (TEU) handled since July. SCPA moved 168,480 TEUs during the month of February, which drove a fiscal year-over-year container volume increase of 1…
The SOV W2W vessel Acta Auriga, currently under construction at Ulstein Verft, Norway for owner Acta Marine, has successfully completed sea trials. The walk-to-work vessel is custom-designed for the offshore energy industry. Together with a 3D crane…
INTTRA, a neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, announced an expansion of its rapidly growing carrier network with the addition of Korea's Namsung Shipping Co…
It’s been called the most logistically challenging relief effort the United States has ever managed. When nearly Category 5 Hurricane Maria struck Puerto Rico, it left a wake of destruction that residents and emergency responders are still reckoning with…
While Maersk Line relaunched Asia-Europe Network to increase schedule reliability, Hamburg Süd upgraded schedule reliability in Asia – Europe/Mediterranean network. Maersk Line announced changes to its services connecting Asia and Europe…
A proposed new NATO logistics command aimed at deterring Russia would be based in the southern German city of Ulm, the German Defence Ministry told lawmakers on Tuesday. It said a broad plan for the new Joint Support and Enabling Command (JSEC) would be completed by mid-April…
Danish shipping group A.P. Moller-Maersk said on Tuesday its chief financial officer has decided to leave the company after only 16 months in the role. The departure of Jakob Strausholm, who took the role as chief finance, strategy and transformation officer in December 2016…
The Northwest Seaport Alliance said a late Lunar New Year positively impacted its February volumes as shippers moved cargo in advance of the holiday. Total container volumes grew 6 percent in February 2018 compared to February 2017 for a total of 279…
Maersk's shares down 4 pct at lowest level since November 2016. The company says CFO Jakob Strausholm has decided to leave the company after only 16 months in the role. His departure comes after Maersk decided to separate the finance role from its IT and digital transformation function…
The anticipated departure of six vessels this week signals a strong start to the 2018 commercial shipping season for the Port of Duluth-Superior and the entire region. All will be leaving their winter berths to load iron ore for delivery…
Bharat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for JNPT (Jawaharlal Nehru Port Trust) users with its first barge and train volumes last week. A 90-TEU (twenty-foot equivalent…
Since February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia – Europe/Mediterranean network. As part of a regular network review, and in an effort to enhance schedule reliability…
Dubai-based DP World, , one of the world's largest port operators, said it had bought a logistics firm Cosmos Agencia Maritima (CAM) in Peru for $315.7 million, giving it a 50 percent stake in the country's second largest container terminal…
