Port of Gulfport (Mississippi) executive director Jonathan Daniels will move east and take the top spot as the Chief Executive & Port Director at Port Everglades, as announed by Broward County Administrator Bertha Henry. Broward’s seaport is a gateway for cargo…
German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions and weaker demand due to the coronavirus crisis may lead to a revision of its forecast in the second half of 2020.The number five in worldwide container shipping…
Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade.The loan…
Shipping group A.P. Moller-Maersk warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail sales and depressed car production dampening demand.The crisis has thrown the container shipping trade off…
The Port of Oakland reported 'better than expected' cargo volumes in April, but port officials say they are expecting volumes to decline in the months ahead as ships cancel visits due to reduced demand brought on by the coronavirus pandemic…
The Port of New York and New Jersey experienced a 4.1% decrease in March container volume compared to March 2019, the Port Authority of NY & NJ said. March cargo volumes were 560,830 TEUs, compared to 585,098 TEUs in March 2019.Throughout the month…
Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.Dredgers are working in the Parana to the…
Algeria will resume car imports, the government said on Sunday, after a ban failed to reduce the import bill, as the North African member of OPEC tries to rein in spending to cope with a decline in energy earnings.The plan to allow car dealers…
Cargo volume at the Port of Los Angeles is down 15.5% so far this year as the novel coronavirus upends economies around the globe, Gene Seroka, executive director of the busiest U.S. seaport, said on a webcast on Wednesday.April volume was down 6…
On April 28, 2020, the Federal Maritime Commission (FMC) released the long-awaited interpretive rules in Docket No. 19-05 relating to how ocean common carriers may lawfully apply demurrage and detention charges to exporters, importers and ocean transportation intermediaries…
China’s exports and imports are expected to record double-digit declines in April after a tentative recovery in March as the coronavirus pandemic batters global demand and disrupts manufacturing supply chains, a Reuters poll showed on Wednesday…
X-Press Feeders CFO Shmuel Yoskovitz will take over as CEO, the Singapore-based feeder containership operator announced.Yoskovitz replaces Tim Hartnoll who has served as CEO since 2017. Hartnoll will transtion back to his role as group chairman…
Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals Inc. (Ceres), and SSA Atlantic LLC (SSA) have formed a joint venture, Charleston Stevedoring Company LLC (CSC), to provide container terminal and stevedoring services in the Port of Charleston in South Carolina…
The flagship is part of the JUMBO fleet, as the well-known heavy lift shipping company. Equipped with 2 cranes with a total capacity of 1.800 tons, the JUBILEE carries 2 giant reactors of 1400 tons each and three other smaller ones produced by ATB Group…
China is the Port of Hamburg’s most important trade partner. Hamburg serves as the gateway to Europe for Chinese goods. Along with handling ocean shipping, the port city is also an important railway hub for transports to and from China. The…
