Three new, ship-to-shore container cranes have been constructed in Ireland and are scheduled for delivery to Crowley Puerto Rico Services’ Isla Grande Terminal in San Juan later this month. The electric-powered cranes will be used to load and…
Though overall cargo volume through the Port of Vancouver in 2016 decreased 1.8 percent to 136 million metric tons from 2015, sectors experiencing declines were offset by others that hit new records, including the bulk grain sector, according…
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 2,468,706 tons in January, an increase of 14.4 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. Shipments were 10.3 percent below the month’s 5-year average, howerver.
INTTRA, an ocean shipping electronic marketplace, has announced that Vijay Minocha has joined the company as President, Asia Pacific. He will report to John Fay, INTTRA's CEO. Based in Singapore, Mr. Minocha is responsible for meeting INTTRA's strategic…
DHL Express, an international express services provider, is piloting a new City Hub concept that will enable increased use of cargo bicycles for inner-city deliveries. The City Hub is a customized trailer which can carry up to four containers for the DHL Cubicycle…
In a ground-breaking analysis Drewry has examined the correlation between carrier terminal ownership and the choice of port calls by the 2M and upcoming Ocean and THE liner alliances. The results show that the choice of port call is often not in line with carrier terminal ownership interests…
After considering carefully recent changes in the Chinese container shipping market, CMA CGM’s senior management has decided to adjust the THC (Terminal Handling Charge) applicable to CMA CGM operations in Chinese ports (i.e. the OTHC). A…
As the Panama Canal’s newly operational expanded lane helps set monthly tonnage records, the project’s impacts are being felt along the U.S. East Coast. Effects of the canal’s expansion are reverberating well-beyond Panama’s shores, as ports…
The EU has an overall competitive regime in place for fiscal and social measures as well as quality registers and a strong skills base. This combination supports the current status of the EU as an attractive location for shipping activities…
Nordic American Tankers Limited (NAT) said it has taken delivery of Nordic Space, its second Suezmax newbuilding tanker of 158,000 deadweight tons, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea.The Nordic Space has started on her maiden voyage…
Kazakhstan Temir Zholy Express ( KTZE ), a provider of transportation and logistics for China's New Silk Road, and global supply chain visibility specialist Globe Tracker International (GT), has announced the deployment of hundreds of intermodal GT Smart UNIT45 reefer containers…
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, received its first official vessel call today with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia.“This is a milestone…
The EU shipping industry directly employed 640,000 people and supported a EUR 57 billion contribution to GDP in 2015, says European Community Shipowners' Associations (ECSA) Adding supply chain and worker spending multiplier impacts, the…
MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean EBITDA of USD 2.15bn, which is only moderately down compared with the previous year. Upstream has shown great resilience to the deteriorating external environment…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched gains for the ninth straight session to end at a more than one-month high on Monday, helped by higher rates for panamax vessels.The index…
