News

NLRB Upholds Ruling against ICTSI Oregon Longshoremen

**The United States National Labor Relations Board (NLRB) has affirmed the decision of an administra...

CMA CGM to acquire NOL, reinforcing its position in global shipping

  • Proposed cash acquisition of NOL at SGD 1.30 per NOL share, representing a 49% premium to NOL’s un...

Ripples from a CMA CGM takeover of APL will rock alliances, Singapore and Port Klang

Let’s begin with the assumption that none of the world’s three most important regulatory regimes – t...

Abu Dhabi’s container port ready for next phase of expansion

**Annual handling capacity at Khalifa Port Container Terminal will grow to 2.5 million twenty-foot e...

Chinese company may build $1b container terminal in Sydney Harbour

SYDNEY — A large Chinese construction company has agreed to build a highly automated container termi...

ABB to automate more DP World terminals

**Global marine terminal operator, DP World, continues to invest in automation and takes remote cont...

Port of Antwerp twins with Chinese port of Guangzhou

**The ports of Antwerp and Guangzhou are to collaborate even more closely under the terms of a twinn...

China COSCO President Resigns, Singapore Subsidiary Warns of Loss

China COSCO Holdings Company Limited (China COSCO) Tuesday announced that Jiang Lijun has resigned a...

China’s Cabinet Approves Merger of Cosco Group, China Shipping

  • China Shipping and Cosco Groups to reorganize operations
  • Global shipping companies struggling wi...

Cosco, China Shipping Set to Reveal Merger Plans Amid Industry Rout

**Merger of state-owned Chinese shipping giants would create world’s fourth-largest container-shippi...

China’s State Council approves restructuring of COSCO, CSCL

**“The state-owned shipping companies have told the Chinese media a merger between COSCO and China S...

G6 Alliance expects to remain intact in 2016

**“Despite the proposed plan to bring current G6 member APL into the Ocean3 Alliance after its acqui...

CSCL plan to exit box business, raises O3 Alliance question

HONG KONG — China Shipping Container Lines will exit the container trade under the merged and re...

DP World and The Prince Rupert Port Authority Sign Phase II South Feasibility Study Agreement

Prince Rupert, B.C. Canada; Dubai, United Arab Emirates, 15 December 2015: Today DP World and th...

Port of Hamburg Sees 11.8 Pct Drop in Container Volumes

**Germany’s Port of Hamburg (Hamburger Hafen und Logistik AG – HHLA) has recorded a 11.8 percent dro...

DP World Automates Its New Terminal at Jebel Ali

**Global marine terminal operator DP World has ordered automation and remote control solutions for i...

Port of Salalah Opens New General Cargo and Liquid Bulk Terminal

Salalah, Oman – The Port of Salalah, a major Arab Gulf regional gateway port and transshipment h...

Khorfakkan Container Terminal Exceeds 4,000 Moves in a 12-hour Shift

**Gulftainer, a privately owned, independent terminal operating and logistics company, has achieved...

Rickmers Trust Management Warns of Expected Full Year Loss

**Singapore’s Rickmers Trust Management Pte. Ltd., the trustee-manager of Rickmers Maritime, is expe...

Gulftainer honoured with ‘Port Operator Award’

**Gulftainer, a UAE-based terminal operating and logistics company, said that it was honoured at the...

Port of Los Angeles cargo volumes increase 7% in November

SAN PEDRO, Calif. – December 16, 2015 – The Port of Los Angeles handled a total of 709,968 Twent...

CMA CGM dissolves Delmas brand

“Delmas, which was acquired by the CMA CGM Group in 2006, will officially operate under the CMA CGM name effective March 1, 2016.” For more details, please see the original article at American Shipper. Sources: American Shipper, Delmas

Peel Ports Group announces the acquisition of Great Yarmouth Port Company Limited

Peel Ports Group announces today that it has completed the acquisition of Great Yarmouth Port Compan...

Ocean Three Loads Record Breaking Cargo on Al Muraykh

**Middle Eastern container carrier United Arab Shipping Company (UASC), along with its partners in t...

Maersk joins WTO’s Global Alliance for Trade Facilitation

The Maersk Group has today joined the Global Alliance for Trade Facilitation under WTO.

*Th...

Piraeus Container Terminal Bolsters Crane Capacity

**Greek port operator Piraeus Container Terminal S.A. (PCT), owned by COSCO Pacific Limited, has ord...

Binding Bids for Greece’s Piraeus Port Expected Next Week

**Three of world’s biggest port operators expected to bid as long-delayed privatization reaches fina...

CMA CGM to improve its connections between Asia and Mexico, Central America & WCSA

**In a continued effort to provide our customers with reliable and efficient services from Asia to L...

Charleston harbor deepening officially enters pre-construction phase

**“The U.S. Army Corps of Engineers has agreed to conduct the design and engineering phase of the pr...

Busan Port on Track to Reach Its 19.5 Million TEU Goal

**The South Korean Busan Port Authority has handled a total of 16.2 million containers in the ten-mo...

Panama Canal expansion 96 percent complete

Panama City – The Panama Canal Authority (ACP) has proudly announced that the first-ever expansi...

Cosco Reportedly the Sole Bidder For Piraeus Port Authority Stake

The race for a controlling a stake in the Piraeus Port Authority (OLP) may not be that much of race...

Maersk begins staff reductions, eliminates 110 positions at Copenhagen HQ

**“As part of the Danish ocean carrier’s cost cutting plan, Vincent Clerc will replace Stephen Schue...

Port of Colombo sets throughput record

“The Sri Lankan port established a record by reaching a container throughput of 5 million TEUs since the beginning of 2015.” For more details, please see the original article at American Shipper. Source: American Shipper

Adani-CMA Terminal at Mundra gets new cranes

Adani Ports and Special Economic Zone last week received the first batch of new marine equipment tha...

The CMA CGM BENJAMIN FRANKLIN, 1st 18,000-TEU capacity container ship to call a U.S. port, has successfully arrived at the Port of Los Angeles

  • The CMA CGM BENJAMIN FRANKLIN was welcomed by Los Angeles Mayor Eric Garcetti and other high-ranki...

China approves merger of China Merchants and Sinotrans

**China has approved the merger of China Merchants Group and Sinotrans & CSC as it continues to rest...

Iran Denies Naval Rocket Launch, U.S. Prepares Sanctions

**Iran denied on Thursday that its Revolutionary Guards launched rockets near a U.S. aircraft carrie...

CITIC-led consortium wins bid for implementing SEZ in Myanmar

NAY PYI TAW – Myanmar authorities announced Wednesday that a consortium of six foreign group compani...

HHI sets new order target of $19.5bn for 2016

**South Korea’s Hyundai Heavy Industries (HHI) has set a 2016 sales target of KRW21.94trn ($18.53bn)...

Panama Canal’s Expansion Deadline Pushed to May 2016

**The long-awaited Panama Canal expansion project has now been given a new deadline for May 2016 aft...

Xu Lirong to Head COSCO-CSC Conglomerate

**Xu Lirong, group chairman of China Shipping Company, will head the newly combined China Cosco Ship...

European Companies Head Back Into Iran

European shipping and offshore interests are pursuing business in Iran with news this week that MSC...

Adani Ports & Terminal Investment to jointly develop a major transhipment hub at Mundra to further expand and develop Adani International Container Terminal Pvt Ltd

Editor’s Synopsis

  • Mundra Port to emerge as a major transhipment hub catering to Middle East,...

X-Press feeders: Launch of direct Jebel Ali , Umm Qasr Service (JUX)

X-Press Feeders is pleased to announce our new fixed day twice-weekly service with port rotation of...

MSC New Falcon service calls at Iran port of Shahid Rajei

MSC Mediterranean Shipping Company S.A has resumed vessel operations to Iran, after services were su...

Mundra Port terminal to undergo massive expansion

**“The Adani International Container Terminal Private Limited at Mundra Port will have an annual han...

Hapag-Lloyd: Far East Trade – Service Update – Asia – Europe Loop 6 – Change of Terminal

Hapag-Lloyd informs about a terminal change.

We would like to inform you about the terminal change...

Port of Liverpool’s $438m terminal falls behind schedule

**“Peel Ports’s much anticipated Liverpool2 container terminal was originally scheduled to open by t...

2015 Excellent Year for Abu Dhabi Ports

**Port developer and operator Abu Dhabi Ports, set a new annual cargo-volume record in 2015, posting...