Roy Amalfitano, Vice Chairman of Evergreen Shipping Agency (America) Corp., has been chosen by the New York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc. to receive the 2018 Person of the Year Award. The award will be presented…
International law firm Ince & Co has advised port operators to expect a year of transformation in 2018, as shifting economic trends, trade flows and global demographic patterns, in tandem with changes in port ownership and ongoing investment…
TOP Ships, an international ship-owning company, announced that it has extended the time charter agreements with Stena Bulk AB (ex Stena Weco AS) by 12 months for M/T Stenaweco Energy and M/T Stenaweco Elegance and by 18 months for M/T Stenaweco Evolution and M/T Stenaweco Excellence…
The Chief Executive of the British Ports Association (BPA), Richard Ballantyne, has outlined the Association’s key priorities for 2018. These include continued interaction and influencing on the Brexit discussions, promotion of planning and freight policy reform…
Hong Kong's Hutchison Ports has acquired a 50% shareholding in Amsterdam-headquartered terminal and logistics operator TMA Logistics. TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics…
Matson, Inc. said its subsidiary Matson Navigation Company, Inc. has replaced one of its three barges dedicated to serving Hawaii's neighbor island ports with a newer, larger barge that will improve service levels. The container barge Columbia…
The offer by Cosco Shipping International (Singapore) Co. to acquire all the issued ordinary shares of Cogent Holdings has turned unconditional. The former had launched a cash buyout of the latter recently. Bank of China (Singapore Branch)…
Kalmar, part of Cargotec, has been awarded a contract for the maintenance and repair of mobile equipment from PSA Corporation Ltd for the next 3-year term. The contract supports the overall maintenance effort of a fleet of up to 700 prime movers and trailer sets at Pasir Panjang Terminal…
The Indian Government has taken steps to expand and modernise the posts in the state of Maharashtra. The Minister of State for Shipping Mansukh L Mandaviya has informed that at present, there are two major ports and 48 minor ports (non-major ports) in Maharashtra…
In December 2017, the U.S. Federal Maritime Commission voted to allow the New York Shipping Exchange (NYSHEX) to move forward with two agreements it filed pursuant to the Shipping Act. The first filing is based on an agreement by ocean common carriers to participate on the NYSHEX Exchange Board…
Cranes are much more than just critical equipment. At ZPMC, it means the supply chain itself. In post-Panamax world – that is to say one which includes an expanded, deepened and improved Panama Canal – there are many layers to the logistics onion…
By crossing the downstream limits of the Port of Montreal at Sorel at 11:55 a.m., the Ottawa Express became the first ocean-going vessel to reach the Port of Montreal without a stopover in 2018. The Ottawa Express under the command of Captain Rakesh Kumar…
Hyundai Glovis, a logistics company headquartered in Seoul and part of the Hyundai Kia Automotive Group, has secured 1.42 trillion won (US$1.3 billion) in orders to ship vehicles, said a report in RTT News. The auto freight unit of South…
The annual handling capacity of Shanghai Port surpassed 40 million TEUs (twenty-foot equivalent units), breaking an existing world record, the Chinese state media reported. Xinhua quoted the Shanghai International Port Group saying that…
Yang Ming Marine Transport Corporation will establish a subsidiary in Thailand - Yang Ming Line (Thailand) Co., Ltd. The new company will provide all services starting 1st January 2018. Mr. Derek Chen is officially appointed as its President…
