The largest containership ever to serve the U.S. East Coast, the 14,414 TEU CMA CGM Theodore Roosevelt, called the Port of Savannah on Friday. Working the vessel with seven cranes at the 1,200-acre Garden City Terminal, the Port of Savannah is expected to move 4…
Chinese companies signed commitments on Friday to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Temer. China…
Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop. According to cereals exporter association Anec…
Ports America said its Port Newark Auto Terminal (PNAT) has elevated its operational training programs with the purchase of a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenarios involved…
Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger brings together two of the shipping industry’s privately owned shipmanagement companies…
The Corpus Christi Ship Channel is open to restricted operations following a record six-day closure caused by Hurricane Harvey. Harvey has left many Gulf Coast petroleum refining centers either completely shut down or with operations significantly scaled back…
The CMA CGM Theodore Roosevelt will be deployed on the South Atlantic Express (SAX) line, linking Asia East Cost to North America Cost through the Panama Canal, says a statement from the company. With transit times among the fastest in the market between Asia and North…
YRC Worldwide Inc said on Thursday it resumed limited operations at its terminal in Houston, Texas. YRC Freight, a subsidiary of YRC Worldwide Inc, said on Wednesday it had closed terminals in Beaumont, Corpus Christi, and Houston, Texas due to Tropical Storm Harvey…
United Parcel Service Inc said on Thursday it resumed operations in Austin and some parts of Corpus Christi, Texas, that were halted due to Hurricane Harvey, though operations remained closed in the storm-battered Houston area.The company…
Effective management of risk within the industry has improved slightly over the past 12 months, according to the third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens. But shipping still needs to up its game in terms of managing its exposure to risk…
A pilot program delivered by logistics technology company Marine Transport International (MTI) demonstrates that the logistics industry will see improved connectivity, efficiency and security thanks to blockchain. MTI, in conjunction with Agility Sciences…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker demand for larger vessels.The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was down 22 points…
Traders adding U.S. port options to cargoes for flexibility. Traders are scrambling to find oil products in Asia to ship to the United States and Latin America after Hurricane Harvey shut almost a quarter of U.S. refining capacity, several trading and shipping sources told Reuters on Wednesday…
China's COSCO Shipping Holdings Co Ltd reported a first-half profit on Wednesday and forecast that improved demand in the container shipping market would continue for the rest of the year. China's largest shipping group, which last month…
The port terminal operator division of China COSCO Shipping Corp. posted net profits of US$384.7 million, an increase of 123.7% for FY 2017, compared with the corresponding period last year. Total throughput of the Group’s container terminals increased by 11…
