Sea

Port of Virginia Volume Growth at 6.9% for FY to Date; Expansion Work is Underway at VIG

The Port of Virginia® moved 220,376 TEUs in February; 351 TEUs lower than February 2016, but placing its fiscal-year-to-date growth at 6.9%. The continued growth comes as the port has started the engineering and survey work on its capacity expansion plan at Virginia International Gateway (VIG); work at Norfolk International Terminals will begin this summer. These projects are the focus of the port’s plan to expand annual throughput capacity by ... [+]

Samsung builds the world`s first 20,150 TEU containership

Samsung Heavy Industries (SHI) has broken the record for building the largest containership surpassing 20,000 TEU. SHI held a naming ceremony on March 15 for the first of four 20,150 TEU containerships, ordered from Japan's Mitsui O.S.K. Lines' (MOL) in February 2015. The event, held ... [+]

SC Ports Container Volume Up 9%, Nearly 26% Rail Volume Growth at Inland Port Greer

South Carolina Ports Authority reported on March 15 nearly 9% fiscal year-over-year container volume growth through February. SCPA’s total fiscal year-to-date container volume reached nearly 1.4 million TEUs last month, compared to 1.3 million TEUs handled during the same period last year. SCPA handled 175,820 TEUs ... [+]

CMA CGM maintains positive core EBIT margin despite historically low freight rates

Rodolphe Saadé, appointed CMA CGM Chief Executive Officer, reveals that CMA CGM has maintained a positive core EFIT margin in the fourth quarter 2016 despite historically low freight rates. CMA CGM is the world's third-largest container line. According to financial released in February, the French group ... [+]

Hapag-Lloyd and UASC shift Long-Stop Date under Business Combination Agreement

Hapag-Lloyd and UASC have mutually agreed to shift the Long-Stop Date under the Business Combination Agreement (BCA) until May 31, 2017 and have amended the BCA accordingly. The merger companies had originally envisaged to close the transaction by March 31, 2017 but now expect closing ... [+]

JAXPORT awards scholarship to University of North Florida transportation & logistics student

JAXPORT has awarded University of North Florida (UNF) senior Beatrize Gomez with a $2,500 scholarship for transportation and logistics studies at UNF's Coggin College of Business. Born and raised in Belize, Beatrize moved to Jacksonville in 2014 to begin her studies at UNF. She has distinguished ... [+]

Newest U.S.-flagged Pure Car and Truck Carrier calls JAXPORT

JAXPORT recently welcomed Liberty Passion, the nation’s newest U.S.-flagged pure car and truck carrier (PCTC), to Blount Island Marine Terminal during the vessel’s maiden voyage. PCTCs are designed to accommodate all types of vehicles, from completed passenger cars to construction machinery. The 6,450-car-capacity Liberty Passion, operated ... [+]

CaroTrans Augments Central/Eastern European Service Network

CaroTrans announced a new alliance with TransOcean Shipping (TOS) a neutral NVO headquartered in Vienna, Austria. CaroTrans and TOS offer a strong team that is knowledgeable and well-established in FCL and LCL services to the freight forwarding community. CaroTrans, with over 35 years ... [+]

CMA CGM Price and Surcharge Update

Wednesday, March 08, 2017 GRI - From Asia to Panama, the Caribbean and Cuba on PEX2 service - Effective April 1st, 2017 [+]

Parting of Ways at JAXPORT

JAXPORT's Governing Board announced that its CEO Brian Taylor and the Authority have agreed to part ways. Taylor will pursue other business opportunities. Brian Taylor joined the Jacksonville Port Authority in 2013 after a long and distinguished career in the maritime industry, serving in executive roles ... [+]

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