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DP World Reports 2.2% Gross Volume Growth in first 9 months 2016

DP World Limited handled 47.5 million TEU across its global portfolio of container terminals during the first nine months of 2016, with gross container volumes growing by 2.2% on a reported basis, and up 1.0% on a like-for-like1 basis. Its European and Indian subcontinent terminals continue to deliver a robust performance, while conditions in Australia and Latin America remain challenging. The UAE handled 11.1 million TEU, down 6.7% year-on-year due to ... [+]

Port of Oakland terminal OK to expand

Work could begin next month to nearly double the size of the Port of Oakland’s second-largest marine terminal. TraPac LLC said today it’s ready to begin construction on a 57-acre expansion at the Port’s Outer Harbor. The Board of Port Commissioners approved the project at ... [+]

Three Japanese shipping giants agree to merge

After the resolution by the board of directors of each company held on Oct. 31, three Japanese shipping giants -- Kawasaki Kisen Kaisha, Ltd. (K-Line), Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have agreed to merge, subject to regulatory approval from authorities. The lines ... [+]

Princess Anne christens new ACL vessel

Atlantic Container Line (ACL) officially launched its new fleet of transatlantic con ro ships when Princess Anne christened the Atlantic Sea in Liverpool on 20 October. Crowds lined Liverpool’s waterfront to witness the first royal christening on the Mersey since 1960, followed by a fireworks display ... [+]

Port Authority Receives OEDA’s Best Project Award

The Ohio Economic Development Association (OEDA) presented the Toledo-Lucas County Port Authority with the Best Project Award for The Dana Project at Overland Industrial Park at its 2016 Annual Summit held October 19-21 in Columbus, Ohio. The Ohio Economic Development Association’s annual excellence awards program ... [+]

Record-Setting Year for JAXPORT Container Cargo Business

JAXPORT moved a record 968,279 TEUs, during the fiscal year ending Sept. 30, 2016. The previous JAXPORT record was 936,972 TEUs set in 2014. The Asian container trade continues to be the fastest growing segment of JAXPORT’s container cargo business, achieving 19% growth in FY16 with ... [+]

POV’s Cargo is Flowing; Rail, RMT Volume Continue to Grow

The Port of Virginia® handled 220,000 TEUs in September and that volume helped to push solid growth in rail cargo and in containers moved to Richmond Marine Terminal by barge. In comparison with last September, TEU volumes are up 2%; rail units up 16% and volume ... [+]

Evergreen Line Enhances Asia-Australia Network

In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line is teaming up with OOCL, MOL, "K" Line and YML to offer a new joint North East Asia - Australia Express (NEAX). This weekly service will utilise six ships of between 3,500 ... [+]

Panama Canal Records Third-Highest Annual Cargo Tonnage in Fiscal Year 2016

At the close of the 2016 fiscal year (FY16), the Panama Canal Authority (ACP) recorded the third-highest annual tonnage in its history, welcoming 330.7 million Panama Canal tons (PC/UMS). A total of 13,114 vessels transited the Panama Canal during the fiscal period from Oct. 1, 2015 ... [+]

Massive turbine parts to generate Puerto Rico power move through JAXPORT

Stevedores with SSA Cooper at JAXPORT’s Blount Island Marine Terminal recently moved two heavy-lift turbine rotors bound for a San Juan, Puerto Rico power plant. The rotors will be used to generate electricity for the people of Puerto Rico. The rotors, weighing 97,000 and 125,000 lbs. ... [+]

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