The CMA CGM group, a world leader in container shipping, announces the reshuffling of two services in addition to the MERCOSUL buyout project and pursues its development strategy in South America, with SAFRAN and SIRIUS. These two services…
Following its move to acquire MERCOSUL from Maersk Line, the CMA CGM group has furthered its development strategy in South America by reshuffling its container shipping services between the East Coast of South America and Europe with North of Europe and the Mediterranean…
APL said it will add a weekly Asia Latin America Express 3 (AE3-AW3) service connecting China, Hong Kong, Taiwan and other key Asian markets to Mexico and the West Coast South America. “The Asia Latin America Express 3 service further enhances our Asia-Latin America service coverage…
King Abdullah Port announced the increase of its throughput to 821,694 TEU in the first half of 2017, representing an increase of around 14% compared to the same time last year, where the throughput was 720,483 TEU. The port also announced…
Kalmar, part of Cargotec, continues its long-term cooperation with DP World Australia, the country's largest stevedore, with orders of 38 new machines for its new logistics arm, DP World Logistics Australia. The orders include 7 Kalmar reachstackers…
Matson Navigation Company, a leading U.S. carrier in the Pacific, has signed contracts with Paceco Corporation for the purchase of three new 65 long-ton capacity cranes and modifications to upgrade three existing cranes at its Sand Island Terminal in Honolulu Harbor…
Seaspan Corporation said it has accepted delivery of the MSC Shuba B, an 11,000 TEU containership that will commence a 17-year fixed-rate bareboat charter with Mediterranean Shipping Company S.A. (MSC). Upon completion of the bareboat charter period…
Transnet National Ports Authority (TNPA) celebrated a twin milestone for its KwaZulu-Natal ports as part of its R1.4 billion ($106.3 million), nine-tug construction contract. On Thursday, 22 August the new USIBA tug was christened and named ahead of its delivery to the Port of Richards Bay…
Grindrod, the South Africa-listed freight logistics and shipping services firm, is planning to separate and list its shipping business in order to unlock its value, the company said on Wednesday. Grindrod, which also has a financial services business…
Port cities like Miami or Barcelona are global benchmarks for cruise ship traffic. Their infrastructures must ensure efficient, incident-free travel for passengers and, of course, impeccable safety standards and quality of service. This year…
A.P. Moller-Maersk's main sea freight business faces the threat of a new price war in a consolidating industry, though the company has been fortified by the $7.5 billion sale of its oil and gas business to France's Total Reuters reported. Maersk…
CMA CGM, a world leader in container shipping, is pleased to announce its participation in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts. This investment is made alongside Hapag Lloyd…
Montrose Port Authority said it has supported its first project within the offshore renewable sector, heralding a new era of capabilities for the energy industry support and service hub. In association with NorSea Group (UK) Ltd, a subsidiary of Norwegian logistics company NorSea Group AS…
Transnet National Ports Authority’s (TNPA) new, fully integrated e-commerce platform has gone live. The new Order to Cash system replaces TNPA’s nine year old PortsOnline customer system for online submission of cargo documentation. TNPA…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday snapped a 16-day winning streak, weighed down by weaker demand for capesize vessels.The overall index, which factors in rates for capesize…