The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement and said it would focus on ensuring better access for U.S. goods exported to Canada and Mexico in order to reduce the U.S. trade deficit. In…
The Port of Los Angeles reports it has closed its 12-month fiscal year with total cargo volumes of 9.2 million twenty-foot units (TEUs), a new annual record for most container throughput for a Western Hemisphere port. Volumes increased 8.1 percent in June compared to the same period last year…
The healthy international trade and cost cutting measures augurs well for Japan's to three marine shippers - Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha - reported Nikkei. The report said that the three companies are expected to post a group pretax profit for April-June…
Hamburg-based ship manager E.R. Schiffahrt informs it has been appointed by Maersk Line to manage three further vessels. With this new mandate, E.R. Schiffahrt increases the managed fleet for the world’s largest liner company from six to nine…
Diana Containerships has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Maersk Line A/S for one of its Post-Panamax container vessels, the m/v Puelo, for a period of minimum eight months to maximum 18 months…
The recent dredging to the Port of Maputo, Mozambique, access channel, early this year, from -11 to 14.3 meters served as an enabler to other infrastructure projects, some already taking place at the Port. According to a press release…
Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to 'Mitsubishi Logisnext. Mitsubishi Nichiyu already announced its intention to perform the operational integration…
An algorithm has been developed to schedule transit vessel traffic in two-way waterways where safe distances between transiting vessels must be maintained and passage restrictions may hold. It limits the negative effects of the safety constrains…
South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes. Highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year…
In a joint project between Elebia Autohooks and one of North America’s top suppliers of hot rolled steel bar products, five evo2 automatic hooks with load cell were mounted on a spreader beam at the company’s plant in order to load rebar steel bundles directly onto different “tricky” surfaces…
Egypt, the world's largest wheat buyer, will stop subsidising flour for its sweeping bread subsidy programme next month in a move expected to cut wheat imports by up to 10 percent by curtailing smuggling, the supply ministry said on Wednesday…
South African state-run transport and logistics company Transnet said on Wednesday it had suspended senior officials after external auditors flagged 'reportable irregularities' to their regulatory body. Transnet's admission comes a day after…
French based CMA-CGM, a member of the Ocean Alliance, began the new INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM Virginia at APM Terminals Mumbai. The service, linking South Asia with ports in the Arabian Gulf and Mediterranean…
India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18. According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as compared to 1…
TOTE Maritime has this year purchased 350 new high-tech smart refrigerated containers to service the Puerto Rico trade route. TOTE Maritime was among the shipping industry’s pioneers in using machine-to-machine or M2M telematics technology…
