The Board of Directors of Matson, Inc., a U.S. carrier in the Pacific, today declared a first quarter dividend of $0.19 per common share. The dividend will be paid on March 2, 2017 to all shareholders of record as of the close of business on February 9, 2017.
The EU sponsored R&D project CORE (Consistently Optimized REsilient Secure Global Supply-Chains) began in 2014. Along the way, it analyzes the use of EGNOS and Galileo for the intermodal transport of dangerous goods, assessing its ability to deliver optimum safety…
At its first meeting of 2017, the newly seated St. Louis County (SLC) Board appointed two new commissioners to the Duluth Seaway Port Authority—Patrick Boyle and Pete Stauber. They will complete remaining terms of former commissioners Chris Dahlberg and Steve Raukar…
Hiab, part of Cargotec, has appointed Scott Hall as Senior Vice President, Sales & Services as of 24 January 2017. Scott Hall will lead Hiab's global Sales & Services function and drive sales and services excellence across Hiab's global network…
Cosco Shipping Holdings (CSH)has announced that its profit for 2016 will be below that of 2015, reports Reuters. The container shipping arm of state-owned China Cosco Shipping Corp expects to post a net loss of 9.9 billion yuan ($1.44 billion) for 2016…
Cosco Shipping Ports has signed a memorandum of understanding (MOU) with CMA Terminals Holding in Shanghai. The two parties have agreed to seek cooperation in ports worldwide and preference will be given to ports that the Ocean Alliance calls…
The port of Kiel is extending its services in combined traffic with a new direct train connection between Kiel and the Adriatic port of Trieste in Northern Italy. “This is a milestone for Kiel as a logistics hub,” said Dr. Dirk Claus, Managing Director at PORT OF KIEL…
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S…
Intermarine, LLC said it has obtained activation for Industrial Terminals (Houston) as a Foreign Trade Zone (FTZ) under Foreign Trade Zone Board (FTZB) and U.S. Customs and Border Protection (CBP) regulations. The entirety of Industrial Terminals’ 92 acres has been approved for FTZ activity…
A seven-member delegation of trade ambassadors from Cuba met with Port officials and Louisiana trade representatives at the Port of New Orleans today, marking a return trip following a Louisiana delegation visit to Cuba in October. The delegation…
Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has signed an agreement with the Kandla International Container Terminal (KICT) in India, to start the first direct common carrier feeder service between Saudi Arabia and India…
A shipment of artisanal charcoal made its way from Cuba to Port Everglades aboard Crowley’s container ship K Storm, marking the first truly commercial shipment from a Cuban cooperative to a private U.S. business since the U.S.-Cuba trade embargo was imposed more than 50 years ago…
To help meet customer needs in the greater Mobile, Ala. market, TRAC Intermodal is converting marine chassis in its fleet from bias ply to radial tires. The program, begun in December 2016, will be completed by the end of March. TRAC’s customers in the Mobile market often face long hauls…
Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U…
The Port of Vancouver USA Board of Commissioners today voted 2-1 to hire interim CEO Julianna Marler as the port’s permanent CEO/Executive Director. Marler, who was appointed interim CEO by the board in May 2016, was one of three finalists for the position…
