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Maersk Line Appoints New Leadership in North America

Maersk Line announces the appointment of Omar Shamsie as the new president of Maersk Line in North America effective December 1st, 2017.  His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada.  Mr. Shamsie’s rich background also includes director and vice president positions throughout the globe with Maersk. In 2018, Omar will continue developing reliable end-to-end container shipping solutions ... [+]

Port of Longview Board Approves 2018 Budget

 The Port of Longview’s Board of Commissioners unanimously approved the 2018 Budget, which includes significant investments in the expansion of the Port’s Industrial Rail Corridor (IRC) and infrastructure development at Barlow Point. These investments capitalize on previous year’s momentum of multiyear projects that will bring ... [+]

Ship operating costs stabilize as market recovery lifts pressure

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review and Forecast 2017/18 report published by global shipping ... [+]

Carrier Transicold Advances NaturaLINE Capabilities

At Intermodal Europe 2017 this week, Carrier Transicold is announcing that it has deepened the frozen range of its NaturaLINE® container refrigeration unit. It now achieves and maintains a frigid minus 40 degrees Celsius. Carrier Transicold is also pleased to report that one of the world's leading container leasing ... [+]

Carrier Transicold Commemorates 50 Years of Innovation

In 2018, Carrier Transicold will commemorate the 50th anniversary of the refrigeration system design that helped revolutionize the global transport of perishable and frozen goods via shipping container. "The year ahead marks the golden anniversary of Carrier's pioneering front-wall or 'picture frame' container refrigeration unit design," ... [+]

POLB Receives U.S. EPA Grant to Cut Pollution

The Port of Long Beach has been awarded $2.4 million from the U.S. Environmental Protection Agency to help Stevedoring Services of America (SSA), Foss Maritime and Curtin Maritime replace equipment with zero-emission or cleanest-available equipment. The Diesel Emission Reduction Act money will enable SSA to retrofit ... [+]

Port Freeport, Panama Canal Authority Extend Partnership

On November 9th, Port Freeport Commissioners agreed to extend the Memorandum of Understanding (MOU) with the Panama Canal Authority (ACP) for an additional five years. In 2012, both parties signed the MOU as a joint effort to help promote business between the ACP and Port ... [+]

Port of Brownsville FTZ Ranks 2nd in US for Exports

Foreign Trade Zone No. 62 (FTZ) at the Port of Brownsville ranks second in the nation for the value of exports during 2016, according to the U.S. Foreign-Trade Zones (FTZ) Board's annual report to Congress released Thursday, Nov. 16, 2017. Dorchester County, South Carolina, and Miami-Dade ... [+]

World Container Index – 16 Nov

World Container Index: Drewry assessment on Thursday, 16 November 2017 • The composite index is down by 10.5% this week and down by 16.2% from the same period of 2016. • The average composite index of the WCI, assessed by Drewry for year-to-date, is US $1,493/40ft container, ... [+]

Houston Port Commission Approves 2018 Budget

The Fiscal Year 2018 Operating and Capital Budget was approved on November 14 during a special meeting of the Port Commission of the Port of Houston Authority. Solid financial performance is expected to continue in 2018. Port Houston projects total revenue growing 9% over the 2017 ... [+]

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