Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The average on-time performance in March gained 5…
China plans to make use of Arctic sea route for its shipping to shorten the distance by 30 per cent compared to the ocean passages traditionally used to connect the northern Atlantic and Pacific oceans through Panama Canal. Chinese ships…
Lamar University (LU) has tapped Erik Stromberg as the inaugural executive director of the Center for Advances in Port Management after a national search, officials announced today. Stromberg brings decades of experience in public ports to the new position as a CEO…
The Panama Canal began accepting transit reservations for Neopanamax vessels for commercial transits through the Expanded Canal starting on June 27, 2016.In light of the upcoming Expansion inauguration date, the Panama Canal will offer four additional slots per day for Neopanamax vessels…
ZIM Integrated Shipping Services Ltd (ZIM) has announcd an enhanced Asia to US East Coast and Gulf service offering, with seven different weekly services, extensive direct port-to-port coverage and best-in-market Transit time from key ports in Asia to US East Coast & Gulf…
With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean. For over two decades, the company has operated two offices in Norfolk…
In their “Best route market study for containerised imports to South Germany”, published at the beginning of March, the Drewry Group’s supply-chain consultants investigated via which ports containers imported from Shanghai can be transported fastest and cheapest to southern Germany…
The first ever Maritime India Summit in Mumbai has resulted in attracting investments worth Rs 82,905 crores ($12.5 billion), says the Ministry of Shipping. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports…
The port of Antwerp handled 53,265,552 metric tons of freight in the first three months of this year, 3.9 percent more than in the same period last year. The container volume in TEU did particularly well with growth of 4.6 percent, while liquid bulk rose to new heights with growth of 10…
India government will speed up the ambitious Sagarmala project from 10 years to five years, said Nitin Gadkari, Minister of Road Transport, Highways and Shipping. “Following Prime Minister Narendra Modi’s intervention, it has been decided…
The Danish Maritime Authority has – in cooperation with a number of business organisations – drawn up three short guidelines on the regulations on the determination of the weight of packed sea containers.In February, the Danish Maritime…
Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…
Ireland’s maritime industry grew strongly in 2015, says the Irish Maritime Transport Economist (IMTE), an annual publication issued by the Irish Maritime Development Office (IMDO). The iShip Index, which measures the total volume of traffic moving through our national ports…
Maersk Line India a unit of Danish conglomerate A P Moller Maersk Group, has launched a new service from Salalah, Oman to the Krishnapatnam Port in Andhra Pradesh. The weekly service to be started from April 17 will connect customers in the areas of AP…
The multipurpose shipping market is not expected to recover until the end of 2017, when it is anticipated that there will be more bulk demand for the Handy vessels and therefore more breakbulk cargoes for multipurpose vessels, according to…
