Virginia Port Authority Eyes Tighter Ties with Cuba
**The Virginia Port Authority has signed a Memorandum of Understanding (MOU) with the Cuban National...
Hanjin Heavy Pursues Debt Restructuring
**South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) is seeking to restructure...
Ocean3 adjusts FAL1 service
**“The Ocean3 Alliance, comprised of ocean carriers CMA CGM, CSCL and UASC, will remove an eastbound...
Fate of Bagamoyo Port clarified
**The government has said the processes for the construction of the Bagamoyo Port will not be halted...
Hapag-Lloyd USA CEO sought as Canaveral port chief
**“Canaveral Port Authority commissioners on Friday unanimously picked Capt. John W. Murray, current...
ZIM delays IPO and its CEO resigns
Zim Integrated Shipping Services Ltd. has announced that Rafi Danieli is resigning from his role as...
ZPMC Bags Major Deal from PSA Singapore
**Shanghai-listed equipment manufacturer Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) has won a c...
WSJ: China Cosco Makes Sole Bid for Greek Port of Piraeus
APM Terminals and International Container Terminal Services didn’t submit binding bids
Chinese...
IMF calls for carbon levy on ships and planes
**Influential financial body estimates US$30 a tonne tax on emissions from international transport c...
CMA CGM begins calling Port Bronka
“The French ocean carrier will make its maiden call to Port Bronka, located on the outskirts of St. Petersburg, Russia, on Jan. 28.” For more details, please see the original article at American Shipper. Source: American Shipper
Hapag-Lloyd & Arkas: New Short Sea Service – Black Sea – Mediterranean Express Service (BMX)
Hapag-Lloyd introduces a new service effective February 16, 2016.
We are pleased to inform you...
GT USA Announces New Container Service Connecting Port Canaveral to Central America and Europe
**The Blue Stream service is operated by StreamLines, N.V., part of the Seatrade Group, providing re...
Port of Singapore Offers Additional Savings to Container Carriers
**The Maritime and Port Authority of Singapore (MPA) will be granting an additional 10 per cent conc...
CMHI Becomes 2nd Largest Shareholder of Dalian Port
**China Merchants Holdings (International) Company Limited (CMHI) has purchased approximately 1,180...
PSA container throughput performance for 2015
PSA International Pte Ltd (PSA) handled 64.10 million Twenty-foot Equivalent Units (TEUs) of contain...
Maersk Group introduces improved maternity benefits worldwide
**To increase the retention of women following childbirth or adoption, the Maersk Group is from 4 Ap...
Amazon gets OK to operate as NVOCC from China to US
WASHINGTON — Amazon has received a license from the Federal Maritime Commission to operate as a non-...
China Cosco Shipping Group appoints container shipping head
China Cosco Shipping Group, the new shipping conglomerate created by the merger of Cosco Group and C...
Port of Rotterdam Sets Record Throughput in 2015
**The Dutch Port of Rotterdam experienced an increase of 4.9% in goods throughput reaching a total o...
Long Beach eclipses L.A. in box volume growth for 2015
“Container volumes at the Port of Long Beach grew last year, while the Port of Los Angeles experienced a drop in throughput compared to 2014.” For more details, please see the original article at American Shipper. Source: American Shipper
KPA sued over tender for Mombasa port terminal
The Kenya Ports Authority has been sued over a tender for the construction of the second container t...
UTi Shareholders Approve Acquisition by DSV
**Shareholders of UTi Worldwide Inc. overwhelmingly approved a $1.35 billion acquisition by Denmark’...
Port of Zeebrugge posts 9.9% volume decline in 2015
“The Belgian port reported a surge in vehicles throughput in 2015, but container volumes fell dramatically compared to the previous year.” For more details, please see the original article at American Shipper. Source: American Shipper
ICTSI to open new port terminal in Congo in August
The new terminal will be located in Matadi, the chief sea port in Congo
MANILA, Philippines — P...
Port of Singapore’s cargo throughput drops 1.1% in 2015
“The port handled 574.9 million tons of cargo in 2015, a 1.1 percent decline from 2014.” For more details, please see the original article at American Shipper. Source: American Shipper
EC to investigate Antwerp container terminal operators
**“The European Commission has opened an inquiry into whether the Port of Antwerp violated EU state...
Contship Italia Group 2015 results
**Contship Italia Group maintains leading market position in Italy with Maritime Terminals (includin...
Busan Port’s 2015 cargo results fall just short of expectations
**“Hindered by the slowdown of global and domestic economies, the South Korean port handled approxim...
Ocean carriers launch new Asia-ISC loop
**“Wan Hai, Mitsui O.S.K. Lines (MOL), Interasia Lines (IAL) and Pacific International Lines (PIL) w...
Port of Gdansk posts strong cargo growth in 2015
**“The Polish Port, which made numerous investments throughout 2015, handled 35.9 million tons of ca...
King Abdullah Port continues expanding in 2015
**“The Saudi Arabian port reached a throughput of 1.3 million TEUs in 2015 and opened its fourth ber...
APM Terminals Finalizes Cartagena Joint Venture
**USD $200 million in facility upgrades and equipment will be invested to accommodate larger contain...
DP World joint venture to invest up to $2b in Russia
**“DP World Russia, an 80/20 joint venture between the port terminal operator and the Russian Direct...
Profit Warning of China Shipping Container Lines
**China Shipping Container Lines (CSCL) has released a profit warning stating that it expects to clo...
OOCL keeps moving boxes in 2015, but makes less
**The reality of the disaster 2015 has been for the container shipping industry is starting to hit h...
Livorno opens bidding for new box terminal, while Contship Italia shows its gateway concept works
**As the Italian port of Livorno today formally invites tenders for the construction and operation o...
World’s Fastest Ship Design Cuts Fuel Consumption by 74 Pct
The 80-knot ship concept, introduced by Norway’s former Viking Ships, now InSvivia Technologies, has...
Cosco sets sights on Cyprus port of Limassol in bid for Mediterranean supremacy
**Fresh from success in securing control of Piraeus Port Authority SA, Chinese shipping giant Cosco...
Marseille Fos freight throughput rises 4.1% in 2015
“The French port handled 81.7 million metric tons of cargo in 2015 and expects to handle 83.7 million metric tons of cargo in 2016.” For more details, please see the original article at American Shipper. Source: American Shipper
CMA CGM Inks Deal with IRISL to Increase Presence in Iran
**French container shipping company CMA CGM has signed a preliminary agreement with the Islamic Repu...
Increased freight volumes at the Port of Gothenburg
**Freight volumes at the Port of Gothenburg for 2015 increased by more than one million tonnes – up...
IRISL All Set to Sail to Europe
**The Islamic Republic of Iran Shipping Lines’ (IRISL) vessels will soon sail for Europe as they hav...
Japan’s big three lines slash full year forecasts
**The full scale of the dire shipping markets has been shown in today’s results from Japan’s big thr...
Bahrain, Saudi Arabia Ban Iranian Ships from Their Ports
**Bahrain and Saudi Arabia have banned Iranian-flagged vessels from their ports, Gard said citing a...
Samsung Heavy Industries Swings to Full Year Loss
**South Korean shipbuilder Samsung Heavy Industries (SHI) posted a KRW 1.2 trillion (USD 998 million...
ZIM restructuring to focus on profitable trades
“The Israeli ocean carrier says changes to its management structure and business groups should make ZIM more agile and attentive to customer needs.” For more details, please see the original article at American Shipper. Source: American Shipper
Modern Terminals Appoints Frank Jensen as Chief Commercial Officer
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Iran Connects to China with New Shipping Route
**A new shipping route has been launched between China and Iran following the sanctions lifting agai...
Hanjin back in the black for 2015
**“Hanjin Shipping, Korea’s largest container carrier, reported a net profit of $6 million in 2015 c...
Hyundai Merchant Marine Plans Asset Sale
**Hyundai Merchant Marine Co. (HMM), is resurrecting an asset-sale plan in an effort to stave off ba...