News

NLRB Upholds Ruling against ICTSI Oregon Longshoremen

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

by Patrick Fach-Pedersen

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...
by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

ABB to automate more DP World terminals

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

China COSCO President Resigns, Singapore Subsidiary Warns of Loss

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

by Patrick Fach-Pedersen

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

  • China Shipping and Cosco Groups to reorganize operations
  • Global shipping companies struggling wi...
by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

DP World Automates Its New Terminal at Jebel Ali

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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

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

by Patrick Fach-Pedersen

Rickmers Trust Management Warns of Expected Full Year Loss

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

by Patrick Fach-Pedersen

Gulftainer honoured with ‘Port Operator Award’

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

Ocean Three Loads Record Breaking Cargo on Al Muraykh

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

by Patrick Fach-Pedersen

Maersk joins WTO’s Global Alliance for Trade Facilitation

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

*Th...

by Patrick Fach-Pedersen

Piraeus Container Terminal Bolsters Crane Capacity

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

Panama Canal expansion 96 percent complete

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...
by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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)...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

Xu Lirong to Head COSCO-CSC Conglomerate

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

by Patrick Fach-Pedersen

European Companies Head Back Into Iran

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

by Patrick Fach-Pedersen

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,...
by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

Mundra Port terminal to undergo massive expansion

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

by Patrick Fach-Pedersen

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...

by Patrick Fach-Pedersen

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

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

by Patrick Fach-Pedersen

2015 Excellent Year for Abu Dhabi Ports

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

by Patrick Fach-Pedersen