The Port of Los Angeles has released its May 2013 cargo volumes. May overall volumes decreased 12.9 percent compared to May 2012. The decrease was due in part to a vessel service that shifted out of the Port of Los Angeles. Imports dropped 12 percent…
NYK Line's new roll-on/roll-off (RO/RO) service, 'NYK Chile Express', connects Houston with the west coast of South America from July 24, 2013.The service adds a call to the Port of Houston Authority's Turning Basin terminals -- the cornerstone of the nation's No…
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM.Farid Salem, CMA CGM's Executive Officer, said: 'CMA CGM is very pleased to enter a new strategic…
China's Ministry of Transportation reports that the country spent US$2.3 billion on the waterways during the period January to April 2013.This investment by the government shows an increase of 21.2 per cent over the same period in 2012.River transportation enjoys lower shipping rates…
Maersk Line has announced it will implement container General Rate Increases on its Transatlantic & Asia/US routes as follows:With effect from July 1, 2013, the Transatlantic trade between North Europe and North America will be increased by US$200 per dry container…
Rand Logistics, Inc. announced that Laurence Levy has been appointed as Executive Chairman, with responsibilities that include overseeing corporate strategy including growth and acquisition initiatives, corporate culture, and organization building…
Prime Minister visits to welcome £200 million investment by UK household-name retailers Marks & Spencer to build new distribution centre at London Gateway.Marks & Spencer (M&S) and DP World London Gateway jointly announce that M&S will…
Horizon Lines, Inc. has announced that William A. Hamlin has been named Executive Vice President and Chief Operating Officer.In his new role, Mr. Hamlin will continue to report to Sam Woodward, President and Chief Executive Officer. Mr…
Crowley Maritime Corporation’s Caribbean logistics group is now offering regularly scheduled, weekly less-than-containerload (LCL) services to and from San Juan, Puerto Rico, & select countries within Central America. The new service utilizes…
As ships grow bigger & cranes taller, a key technology in the handling of shipborne containers is the remote handling of STS cranes.For a crane operator sitting in a small crane cabin, far above ground and a long way from the containers, the ability to operate the crane with speed…
Greek President Karolos saw successful cooperation with COSCO in the Port of Piraeus as a pointer towards further bilateral collaboration.The Greek president voiced his thoughts during a visit to the Chinese company's Piraeus Container Terminal (PCT) in Athens reports China Daily…
GAC saves the day for Hong Kong sailor with high speed delivery of a giant mast replacement for his sailing yacht.When the mast on prominent Hong Kong businessman and sailing enthusiast Sam Chan’s yacht Ffreefire broke recently, he turned to GAC Pindar to speed a replacement from Europe…
Due to overcapacity & economic turmoil in the market, the market index for 40ft containers has taken a massive dip, 44% from May 2012.Xeneta, the price comparison service for sea freight, found that the average container freight rates from Asia to North-Europe continues to drop to $2…
The 'white gold' is in the form of deep ice cores taken for scientific research from the south polar region for delivery to a Belgian university.The sensitive shipment required global collaboration across several Maersk Line teams. Samples of ice…
Crowley Maritime Corporation’s liner services group is adding more than 3,000 pieces of cargo handling equipment to its diverse fleet. The additional resources will allow the company to better meet increasing customer demand throughout Puerto Rico…
