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Massport Handles 16,000-TEU MSC Verona

MSC Verona, an LNG-powered 16,000 twenty-foot equivalent-unit, or TEU, container ship, on March 24 became the largest cargo ship to ever visit the Port of Boston’s Conely Container Terminal. MSC Verona is 1,200 feet long – the length of four football fields – and 167 feet wide. Massport said the vessel’s ability to call at the terminal is due to years-long investment in the port, including the installation of three ship-to-shore ... [+]

Ports Seek to Optimize Lower Mississippi River

The World Trade Center New Orleans, or WTCNO hopes to utilize comprehensive analysis to optimize global commodity flows and maximize the economic benefits of the Lower Mississippi River region. The Lower Mississippi River Commodity Analysis represents a collaborative effort between Louisiana’s five-deep draft ports along the ... [+]

APM Extends Elizabeth Terminal Lease 33 Years

The Port Authority of New York and New Jersey, or PANYNJ, on March 27 approved a lease extension for A.P. Moller – Maersk’s APM Terminals Elizabeth lease through December 2062, Maersk reported. Originally set to expire in 2029, the 33-year lease extension marks a significant milestone ... [+]

APM Terminals Acquires Panama Canal Railway

APM Terminals has acquired the Panama Canal Railway Co., or PCRC, from Canadian Pacific Kansas City Ltd and the Lanco Group/Mi‑Jack. PCRC operates a 47-mile, single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between the Atlantic and Pacific oceans. In 2024, the ... [+]

Supply Chain Security: More Critical Than Ever

Fast-moving changes in supply chains across the world are more complex and unexpected than ever says international freight and cargo handling insurer. A recent bulletin from TT Club, mutual insurance and related risk management services to the international transport and logistics industry, focuses on drug smuggling ... [+]

Yang Ming Vessel Order Begins Fleet Expansion

Yang Ming Marine Transport Corp. said March 28 that it has purchased three 8,000 twenty-foot-equivalent-unit methanol dual-fuel-ready containerships from Shoei Kisen Kaisha Ltd. The vessels are being built by Imabari Shipbuilding and are scheduled for delivery between 2028 and 2029. Yang Ming said the acquisition will ... [+]

PayCargo, Gnosis Freight, Hapag-Lloyd Partner

Logistics payment platform PayCargo and Gnosis Freight, a provider of supply chain visibility and execution software for shipping containers, on March 3 announced an integration and partnership with leading liner shipper Hapag-Lloyd to launch the Container Payment Portal, or CPP.             Hapag-Lloyd has released plans to ... [+]

CK Hutchison-MSC in $22.8 Billion Ports Deal

The BlackRock-TiL Consortium and CK Hutchison said March 4 they have reached in principle agreements whereby BlackRock-TiL will acquire HPH’s 90 percent interest in the Panama Ports Co.,BlackRock-TiL will also acquire CK Hutchison’s 80 percent effective and controlling interest in subsidiary and associated companies owning, ... [+]

Trump Seeks China Ship Fees to Benefit US Flag

The Trump administration has proposed fees on the use of China’s commercial ships to combat the Asian giant’s maritime dominance, Bloomberg reported Feb. 21The Office of the U.S. Trade Representative outlined a plan for fees on Chinese-built ships that transport traded goods, as well as ... [+]

Tariffs Threat Boosts Port of Long Beach Volume

The Port of Long Beach started 2025 with its strongest January on record and its second-busiest month ever, largely driven by retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.Dockworkers and terminal operators moved 952,733 twenty-foot equivalent units, or ... [+]

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