The U.S. trade deficit fell in May as exports increased to their highest level in just over two years, but trade could still weigh on economic growth in the second quarter. The Commerce Department said on Thursday the trade gap decreased 2…
The Port of Corpus Christi lives up to its moniker ‘Energy Port of the Americas,’ as the movement of energy in and out dominates the port’s history and future. John P. LaRue, Executive Director, Port Corpus Christi recently visited Maritime…
The Panama Canal Authority (ACP) today held a public hearing on its tolls structure modifications proposal. “The modified tolls will safeguard the Canal's competitiveness, charge a fair price for the value of the route and provide a competitive service to the global shipping industry…
Roll-on/roll-off cargo handlers Southampton Cargo Handling (SCH) said it has secured the stevedoring contract to handle all Renault vehicles being shipped through the Port of Southampton. The move follows the success of Euro Marine Logistics (EML)…
Hamburg Süd has been awarded the Volkswagen Group Award 2017. With this award, the largest automotive corporation in the world honors its best suppliers, which stand out for their innovative strength, product quality, development competence…
Rodolphe Saadé, Chief Executive Officer of CMA CGM Group, has received this Tuesday, July 4, 2017, Yong YING, Mayor of Shanghai, who is on an official visit to Marseille for the signature of the 30 years of twinning between the two cities. On this occasion…
ClassNK and Green Award announced that they would further broaden their cooperation to ensure safety and minimize negative effects of the shipping industry. ClassNK became a Green Award incentive provider. ClassNK, a ship classification society…
APL has unveiled its Aloha Express (AEX) service, a new fortnightly service directly connecting Central China, Korea, Japan to Hawaii. The AEX service promises cargo delivery from Shanghai, Busan and Yokohama to Honolulu in 19, 15 and 12 days respectively…
China State Shipbuilding Corporation (CSSC) said it has formally launched a new business CSSC Marine Service Co., Ltd, to coincide with the inauguration of its new logistics center within the Yangshang free trade zone, Shanghai. The inauguration was marked with a ceremony on June 30…
Danish shipping giant A.P. Moller-Maersk expects client-facing operations to return to normal by Monday and is resuming container deliveries at its major ports following a cyber attack on Tuesday. 'We expect that by Monday we'll be back…
Bharat Mumbai Container Terminals Private Limited (BMCT), a subsidiary of PSA International, received its first batch of three Super-Post Panamax Quay Cranes on June 30, 2017 in the lead-up to BMCT’s planned start of operations at the end of 2017…
Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of world trade is transported by sea…
Greencarrier Freight Services International AB has welcomed Peter Vallenthin, former Managing Director and Senior Vice President of Norwegian Post – Bring, onto its Board of Directors as of October 1. Vallenthin brings experience in the freight forwarding and logistics sector…
Maersk Line, one of the world's largest container shipping companies, said on Wednesday its cargo booking system was back up and running after a global cyber attack crippled its IT networks a day earlier. 'Further to earlier communications…
Anticipating further growth in maritime cargo transport by rail, experts from the rail and port sector are going for digitalization and automation. The ‘First Rail Conference on Cargo Transport by Rail and Ports’ brought together numerous experts from the railway network…
