Port of Seattle CEO Ted Fick tendered his resignation at a public port commission meeting Thursday after more than 2.5 years at the helm. Fick was recently placed on paid administrative leave due to “personnel issues” and the separation was described as “mutual”…
In line with the West Africa market trend, CMA CGM Group adapts its service offering while continuing to improve its service reliability and cost efficiency. Starting 1st week of March 2017, CMA CGM Group has decided to streamline its product…
The CMA CGM vessel Pointe des Colibris called at the Belgian New Fruit Wharf (BNFW) terminal in Antwerp on February 1 carrying among other things bananas from Suriname.These will be distributed via the port of Antwerp to the local market and to surrounding countries…
The Port of Indiana-Mount Vernon handled nearly 2.5 million tons of cargo during the fourth quarter of 2016 shattering the port's previous quarterly record, set in the fourth quarter of 2014. The port's 2016 fourth quarter volume was a 44 percent…
The second of five highly efficient hydraulic cranes destined for Associated British Ports (ABP) facilities across the UK has arrived at ABP Swansea.Supplied and installed by the country's largest independent provider of port equipment, Cooper Specialised Handling…
Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday.The $285 million Port Muhammad Bin Qasim…
The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel.Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of 136 containers per ship hour…
Steve Dawson and Alex Karakassis have been appointed Managing Directors of HANSA HEAVY LIFT GmbH, taking over from outgoing Chief Executive Officer (CEO) Roger Iliffe, with immediate effect. Dawson will oversee HANSA HEAVY LIFT’s engineering…
Evergreen Marine Corp, which has been battered by falling freight rates due to a prolonged supply glut, may swing into profit this year as market conditions improve in the global shipping industry, reports Taipei Times. The paper quoted…
Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries and swing tankers flooding the market. As a result, freight rates on long-haul routes will continue to be challenged by surplus large vessels over the next two years…
The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced.The winners will be revealed at a prestigious black tie dinner that will have a Ministerial presence and promises to bring together the best of the maritime industry right across the Maritime…
Greencarrier Freight Services is establishing a new office in the beautiful Norwegian Arctic. This comes at the heels of a new contract they secured for providing the oil and gas company ENI Norge with transport solutions and port logistics…
Caterpillar Inc. announced today it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s…
Though the challenging market conditions in the container shipping industry continued to add pressure to Japan’s major shipping companies, turnaround seen as write-downs set to fizzle out, earnings forecasts upgraded, reports Nikkei. Nippon…
As widely expected, the opening of the new, expanded locks at the Panama Canal in June 2016 has considerably impacted the ‘old Panamax’ containership sector, says a report by Clarkson Research Services. The displacement of these narrow beam vessels…
