The government of Cyprus will support and bolster growth of the country’s maritime sector, Marios Demetriades, minister of transport, communications and works, said, reports In-Cyprus. “I would like to assure you that the Cyprus government…
Press release - The security situation in the Indian Ocean could very quickly change for the worse, says maritime security company MAST. Gerry Northwood OBE, COO of MAST, said: “For commercial shipping, the Indian Ocean is arguably the safest ocean on the planet…
SDV Logistique Internationale recently signed a preliminary agreement for the construction of a warehouse on the Parc Logistique du Pont de Normandie 2 (PLPN2) platform at the Port of Le Havre. This project is divided into two successive…
Press release - Members of the G6 Alliance has announced additional void sailings within their Asia-Europe product in response to changes in market demand. As the G6 Alliance continues to review its product profile, the following void sailings…
The Evergreen Group, Taiwan's largest container shipper, has signed an agreement with Japan's Imabari Shipbuilding Co. to build 10 new container vessels with a capacity of 2,800 20-foot equivalent units (TEU) to expand its fleet. The new…
DP World, together with joint-venture partners APL, HMM, MOL and CMA-CGM, has officially opened the Rotterdam World Gateway (RWG) terminal, providing the global supply chain with the most innovative and automated container terminal in the world…
Finland's three big trade union federations plan industrial action on Friday against the government's labor reform program. Hence, Finnish ports, already suffering from container traffic declines, are set to shut on Friday 18 September…
At the Khalifa Port Container Terminal, which is operated by Abu Dhabi Terminals, container volumes increased by 41 per cent in the first seven months in 2015 over the same period in 2014. With this phenomenal growth, Abu Dhabi Port Company…
Qatar Navigation (Milaha), a leader in marine transportation offshore support services, port management and logistics services, has appointed Abdulrahman Essa Al-Mannai as its president and chief executive officer. He will succeed Khalifa Ali Al-Hetmi…
August 2015 containerized cargo volumes at the Port of Los Angeles increased 3.8 percent compared to the same period last year. The Port handled a total of 786,677 Twenty-Foot Equivalent Units (TEUs) in August 2015. It was the strongest August performance since 2006…
Caterpillar Inc. has been named to the 2015 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 16th time Caterpillar has been included in the DJSI list…
ABP’s ports of King’s Lynn and Ipswich have handled record levels of grain exports. Following extensive levels of investment in facilities, both ports enjoyed the highest number of exports in the month of August. A strong harvest…
Press release - On October 1, Marco Neelsen will assume Heinrich Ahlers' position as Chief Executive Officer (CEO) at Buss Port Logistics (BPL). Ahlers will stay with Buss Group until at least the end of 2016.Neelsen is a trained navigational officer…
Chinese shipping behemoth Cosco Holdings has confirmed it will order 11 container megaships for $1.5 billion, despite an estimated 30 percent overcapacity in container shipping having sent freight rates to levels that at times don't even cover the fuel cost of moving containers across oceans…
CMA CGM has signed an agreement with the Port of Virginia to add the Port of Richmond as a destination for shippers booking cargo on its ships. The Port Virginia announced a cooperative effort with ocean carrier CMA CGM that will greatly enhance service at the Port of Richmond…
