Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.Global growth in container volumes has picked up slightly in the second quarter of the year…
The Government of India opened its second multi-modal terminal (MMT) yesterday, September 12, 2019. Located on the River Ganges at Sahibganj in Jharkhand State, the new terminal is now ready for business following the completion of a two-year…
Antwerp and Rotterdam Port Authorities asked new European Commission (EC) and Parliament to focus on the economic significance of ports.The energy transition and digitization are the two strategic challenges facing large industrial ports. The…
ReCAAP ISC has issued the August 2019 Report on the situation of piracy and armed robbery against ships in Asia which notes that a total of eight incidents was reported in Asia in August and that of these eight incidents, two were piracy incidents and six were incidents of armed robbery…
The CMA CGM Group announced the appointment of Olivier Casanova as Group Deputy Chief Financial Officer.He will also serve as CEVA Logistics’ Chief Financial Officer.Casanova is a graduate from HEC. He started his career in 1991 as an investment…
The Port of Los Angeles has set a new single-month cargo record for the fifth consecutive month making it the busiest August in the Port’s 112-year history.During the month, the port moved 861,081 Twenty-Foot Equivalent Units (TEUs), an increase of 4…
Port of New Orleans (Port NOLA) President and CEO, and New Orleans Public Belt Railroad Corporation (NOPB) CEO Brandy D. Christian highlighted record volumes and bold vision for the future in the 2019 State of the Port address.Christian outlined…
A new trade campaign coalition has called on the UK Government to grant special economic status to airports and seaports in order to stimulate international investment, re-shore manufacturing and ultimately lower prices for consumers after Brexit…
As Brexit approaches, the UK needs to follow some key characteristics of the Strong Ports to thrive post its exit from the EU, given that the global trade and the maritime sector face many challenges.Global trade, and the maritime sector that enables so many of its flows…
Ports are essential for the global supply chain - but do they need more international regulation?High-level speakers engaged in a lively debate at a joint Hutchison Ports, International Maritime Organization (IMO) and IMO International Maritime Law Institute (IMLI) seminar (9 September)…
A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week…
G2 Ocean, a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, hired three new Senior Project Cargo Managers and opens offices in Houston and Hamburg.Since the launch of G2 Ocean in 2017…
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize…
Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year, having a capacity of more than 23…
Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0…
