Recent expansion of the Panama Canal should lower shipping costs, say market observers. Shipping geeks will delight at this engineering marvel that revolutionized global maritime trade. As a major Latin American hub of finance, commerce and transportation…
The Maritime Singapore Green Initiative (MSGI), launched by the Maritime and Port Authority of Singapore (MPA) in 2011, has received strong support from the maritime industry. The Green Ship Programme (GSP), a voluntary programme under…
Aarhus Service Holding A/S has sold its 40% share in APM Terminals-Aarhus A/S to its JV Partner since the 2010 merger of adjoining facilities in Denmark’s largest port; container volumes have steadily increased over the past four years. Aarhus…
The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday.With the expansion of the canal's width and depth…
Mark Whitworth, CEO of Peel Ports Group, and Gary Hodgson, COO, were VIP guests of the Mayor of Panama during the inauguration ceremony of the newly expanded Panama Canal when the official opening took place on Sunday, June 26th. The delegation from Peel Ports…
Xeneta, a global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact negatively on all parties involved in the container shipping segment – from shippers…
UK Industry trade body Mersey Maritime has announced a new trade agreement with the Isle of Man Shipping Association (IOMSA) which aims to supercharge bilateral trade, particularly among small to medium sized businesses. The agreement was…
U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement on the upcoming implementation of the SOLAS Convention’s verified gross mass (VGM) requirements: On Friday, June 24, 2016, I voted to allow the Port…
Lerwick Harbour’s record-breaking cruise season will hit the first of several milestones this season on Thursday (30 June) with the arrival of Azura, the largest cruise ship yet to enter the Shetland port.The P&O Cruises vessel will arrive from Akureyri…
Foreign trade and energy have boosted economies throughout the Americas. From the USA, to Argentina, Ecuador and the Bahamas, Maersk is helping unleash the region’s potential by facilitating the flow of goods around the globe. With modern…
LIVERPOOL City Region has launched a new £2.5 million maritime training academy which it believes is the only one in the U.K. to create vitally needed skills and become a beacon of international excellence. Hugh Baird College, Bootle, and…
For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was obtained to begin construction of the new Stockholm Norvik Port. Ports of Stockholm will build and own the container terminal…
Marine-based commissioning work is now underway at Liverpool2, with Mediterranean Shipping Company (MSC) committing vessel support to Peel Ports to help make the trial a success. Berthing and marine trials began last week with MV MSC Nederland…
Chris Lytle at the helm for gains with airport, seaport, commercial real estate portfolio Port of Oakland Commissioners have awarded Executive Director Chris Lytle a new three-year contract. The agreement means the longtime industry veteran will remain at the helm in Oakland through July 2019…
Peel Ports’ Mark Whitworth praised for leading North West investment program Peel Ports’ chief executive Mark Whitworth has been named as ‘Business Person of the Year’ at the Liverpool Echo Regional Business awards. The business leader…