Business

No signs of cargo slow-down at Port Houston

In October container volume at Port Houston once again grew by double digits, continuing the trend seen throughout 2022. A total of 371,994 TEUs were handled during the month, a 13% increase compared to October 2021. Loaded container TEUs reached the highest volume ever and were up 21% compared to the same month last year. Overall, container volume is up 18% year-to-date at Port Houston’s terminals and has surpassed the ... [+]

Port of Savannah sees container demand ease in November

The Port of Savannah moved 464,883 TEUs in November, a decrease of 6.2% or 30,866 TEUs compared to the same month last year. This marks a 28% increase over three years. That rate of growth is well above the Georgia Ports Authority’s pre-pandemic expansion, which ... [+]

$1.8B port expansion project announced for Port of New Orleans

Gov. John Bel Edwards announced a historic public-private partnership between the state of Louisiana, the Port of New Orleans and two global maritime industry leaders to build a $1.8 billion state-of-the-art container facility on the Lower Mississippi River. The new Louisiana International Terminal (LIT) in ... [+]

UAE’s Largest E-Commerce Fulfilment Centre

, the integrated trade, logistics, and industrial hub of Abu Dhabi and a fully-owned subsidiary of AD Ports Group, and noon.com, the Middle East's leading online shopping destination, broke ground on the UAE's largest fulfilment centre in Abu Dhabi, which will form part of an ... [+]

Port of Hamburg handles 91.8 million tons of seaborne cargo

In the first nine months of the year the maritime industry in the Port of Hamburg handled 91.8 million tons of seaborne cargo, a 4.3 percent drop on the previous year. Also down 7.4 percent at 27.5 million tons, handling of bulk cargo was especially ... [+]

Port of LA cargo volumes remains soft

Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 TEUs, a 25% decrease from October 2021. The Port of Los Angeles has processed 8,542,944 TEUs during the first 10 months of 2022, about 6% down from last year’s ... [+]

SC Ports remains fluid while handling record volumes in October

South Carolina Ports handled a record number of containers in October, marking its third busiest month in port history.SC Ports reported 9% container growth year-over-year as 256,879 TEUs moved through Wando Welch Terminal, North Charleston Terminal and Hugh K. Leatherman Terminal in October. When accounting ... [+]

Asyad Shipping expands service footprint to Singapore

Asyad Shipping has opened the company's first international office in Singapore as part of its ambitious growth plans to expand the business portfolio into the Asian market. The new office will act as a platform for Asyad Shipping to serve the increasing demand from current ... [+]

Atlas Air Takes Delivery of First of Four New Boeing 777-200

Atlas Air, Inc. announced it has taken delivery of a Boeing 777-200 Freighter, which it will operate on behalf of its customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI agreement.The 777-200 Freighter will complement MSC's world-class container shipping solutions ... [+]

CMA CGM to acquire terminals in the Port of New York and New Jersey

The CMA CGM Group has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc (GCT).The Port of New York and New Jersey is a key entry point serving the Northeastern U.S. supply chain areas and ... [+]

More »