Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says. A move towards protectionism would represent a significant additional risk…
The Madrid Maersk, the largest container carrier ever to call at the port of Antwerp, moored in the Deurganck dock on 9 June. This record-breaking ship with a capacity of 20,568 TEU unloaded 3,000 containers and loaded another 4,000 in the port of Antwerp in just 48 hours…
The Port of New Orleans Board of Commissioners has elected Robert R. Barkerding, Jr. as its new chairman, succeedsingMichael W. Kearney, whose term as chairman expired this month. Barkerding represents Jefferson Parish and joined the Board in February of 2013 when he was appointed by former Gov…
Djibouti opened a $64 million port on Thursday, the third of four ports designed to boost the tiny Horn of Africa nation's position as a trading hub, its ports authority said. Djibouti Ports and Free Zones Authority (DFZA) said in a statement…
Michael W. Kearney, Chairman of the Board of Commissioners of the Port of New Orleans, was named recipient of the 2017 Diolkos Award at the 7th Annual Rail Supply Chain Summit in Chicago on June 14, 2017. The Diolkos Award recognizes an…
The Kieler Woche sailing regatta – the biggest maritime folk festival and sail sport event in northern Europe – is a big draw for cruise ships as well as many other vessels. Between June 17-25 Kiel expects visits by a total of 15 different luxury liners…
U.S. Trade Representative Robert Lighthizer said on Wednesday there was no deadline for completing NAFTA trade talks between the United States, Canada and Mexico even as lawmakers warned that U.S. business would be hurt by prolonged negotiations…
Roads leading to Ivory Coast's major cocoa port of San Pedro have reopened after a week-long closure caused by heavy rains, the prime minister's office said on Wednesday. San Pedro, the West African country's second largest port, is located…
Damac Properties has signed an agreement with Oman to develop a port in the country's capital city Muscat as a tourism destination, Dubai's second-largest listed developer said on Wednesday.Damac signed a memorandum of understanding with…
Evergreen Line has teamed up with Alibaba.com to provide Alibaba.com members with the option of booking sea freight services online with guaranteed space and prices. Evergreen Line has also appointed Evergreen Logistics Corporation as a designated provider of customized…
Italian gas group Snam is in exclusive talks with EDF's Italian unit Edison to buy a stake in a liquefied natural gas terminal in northern Italy as part of plans to develop its LNG business, two sources said.Snam, controlled by state lender Cassa Depositi e Prestiti…
Port operator APM Terminals, part of A.P. Moller-Maersk, said it will cut 160 staff at its Gothenburg terminal in Sweden, the largest in Scandinavia, as labour disruptions had caused container volumes to drop by 25 percent over the past year…
The Port of Los Angeles informs it has approved a five-year lease extension for SSA Pacific, Inc. to continue operating the marine terminal that is the West Coast’s home to imported Chilean fruit. For more than 25 years, Chilean growers…
The International Dockworkers Council (IDC) has called a Europe-wide port stoppage in support of the conflict faced by Spanish dockers and in opposition to the policies of the European Commission (EC). Once the conflict in Spain has been resolved…
Maersk Line, a part of A.P. Moller-Maersk, said on Monday the first container feeder service into Qatar will depart Oman on June 26, later than a planned June 19 start. To avoid trade restrictions imposed on Qatar by Saudi Arabia, United Arab Emirates and others…
