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Port of Hong Kong forms Seaport Alliance

Hong Kong International Terminals Limited (HIT), Modern Terminals Limited, COSCO-HIT Terminals and Asia Container Terminals Limited recently announced the formation of the Hong Kong Seaport Alliance, a joint operating agreement designed to deliver more efficient service offerings to carriers that call on Hong Kong while enhancing the overall competitiveness of the Port of Hong Kong across the region. The Seaport Alliance will offer a total of 23 berths and the planning ... [+]

Port of Oakland cargo volume hit all-time high in 2018

Port of Oakland container volume reached an all-time high in 2018, according to recently released port data. The Port said it handled the equivalent of 2.55 million 20-foot containers last year. That was up 5.2% from 2017 volume. It was the second straight year of ... [+]

Captain Jeff Dixon takes over as President of TOTE Services

Captain Jeff Dixon has assumed the role of President of TOTE Services following the retirement of Rear Admiral Phil Greene Jr. Dixon joined TOTE Services in May 2017 and has served as the Vice President of Marine Operations – Government and Commercial since starting with the ... [+]

Port of Virginia Sets New Annual Volume Record in 2018 Having Handled 2.85 Million TEUs

The Port of Virginia® set a new annual record for container cargo volume having handled more than 2.85 million TEUs in calendar year 2018, a slight percent increase over last year’s total. In 2018, the port’s TEU volumes were up .5% over the prior year. The ... [+]

CMA CGM dedicates 1st vessel to renewed French West Indies fleet

With a capacity of 3,500 TEUs and a length of 219 meters, the CMA CGM FORT DE FRANCE stands out by its draft which is adapted to the West Indies ports. It is also equipped with a large number of plugs for reefers that allow the ... [+]

Maximilian Rothkopf appointed to Executive Board of Hapag-Lloyd

The Supervisory Board of Hapag-Lloyd AG has appointed Maximilian Rothkopf to its Executive Board effective May 1, 2019. On 1 July, he will become the new COO, replacing Anthony J. Firmin, who will retire on June 30. Maximilian Rothkopf, who holds a master's degree as well ... [+]

World Container Index

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 5.7% to $1,689.95 per 40ft container (updated Thursday, 10 January 2019).   Two-year spot freight rate trend for the World Container Index: [+]

China’s Lianyungang Guanyun Port Open for Business

Lianyungang Guanyun port, along with the along with the port areas of Lianyungang Ganyu and Lianyungang Xuwei, is now open for business. The Guanyun Harbor Industry Zone has been working closely with the Lianyugang Port Group to development the port for both sea and river ... [+]

Experts Offer Ocean Carrier Alliance Insights during 2019 JAXPORT Conference

JAXPORT has announced the list of speakers for the Update on Ocean Carrier Alliances panel at the 2019 Logistics & Intermodal Conference scheduled for April 29 –May 1 at the Sawgrass Marriott Golf Resort and Spa in Ponte Vedra Beach, Florida. • Dave Arsenault – Chief ... [+]

Yang Ming Launches Two Ultra Large Container Vessels

 Two new 14,000 TEU full-container vessels built for Yang Ming Marine Transport Corp. (Yang Ming) by Imabari Shipbuilding Co., Ltd., Japan, were named as YM Wonderland and YM Wisdom respectively at a ceremony held on 21st December, 2018. Yang Ming Chairman Bronson Hsieh, and National ... [+]

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