Panamanian President Jose Raul Mulino said on Friday that ports in the country will operate without disruption, despite a Supreme Court decision to annul key port contracts held by a subsidiary of Hong Kong-based CK Hutchison.The ruling on Thursday left the future operations of some key ports near the Panama Canal unclear.Mulino said that APM Terminals Panama, a Maersk subsidiary, has shown willingness to temporarily take over the operation of the Balboa and Cristobal terminals…
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
Driving efficiency across two critical U.S. gateways for trade within the Americas, the three Liebherr LHM 550 mobile harbor cranes in high-rise configuration will be deployed across Seaboard Marine’s private terminals at Port Miami and Port of Houston…
Chartwell Marine, a leader in vessel design, has been appointed to design a new ferry for a rural island community. The vessel is scheduled to enter construction in early 2026 – with the boat yard currently being selected with Chartwell’s support – and enter operation in 2027…
HII announced that Daniel Marks has been appointed vice president of contracts and pricing at its Ingalls Shipbuilding division. Marks succeeds Stephen Fitts, who has been appointed vice president of supply chain management at Ingalls and is…
Frontline plc (NYSE and OSE: FRO) entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented times…
As Americans do each year, with 2026 just the same, we are hopeful for a more promising year, with better outcomes and calmer seas. But for construction of the Nation’s inland waterways lock and dam infrastructure, there is a strong sense of urgency like never before…
Guillaume Sauzedde has assumed the role as Maersk’s Regional Managing Director for the Europe region.The French national with over 25 years’ experience in the logistics industry is no stranger to the employees and customers in Maersk’s largest region…
Terminal de Contenedores de Yucatán, S.A. de C.V. (APM Terminals Yucatán) has ordered two Konecranes Gottwald ESP.7 Mobile Harbor Cranes, each configured to match with the local infrastructure and equipped with an external power supply to support the terminal’s decarbonization strategy…
