Sea
CMA CGM RACINE is the first vessel to cross the New East Port Said side Channel. An opening ceremony celebrating the event on February 24 was attended by Chérif Ismaïl, Egyptian Prime Minister, Saad El-Giuchy, Egyptian Minister of Transport, and Admiral Mohab Mamish, Chairman of the Suez Canal Authority.
Thanks to this new side channel, vessels now have a 24-hour access to East Port Said instead of the previous 8-hour ...
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CEVA Logistics now offers a new weekly LCL (Less-than-Container Load) service from Shanghai in China to Budapest, Hungary. The new service sees the central European destination added to CEVA’s already comprehensive LCL service offering which has been expanding rapidly since the end of 2011.
The weekly ...
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Hapag-Lloyd has achieved its earnings targets for 2015 and also in Q4 significantly improved its operating result (EBIT) versus prior year.
Based on the preliminary unaudited figures, Hapag-Lloyd increased operating earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) to EUR 831.0 million (2014: ...
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The Port of Oakland has agreed to a lease termination with Outer Harbor Terminals, LLC. The Port’s governing Board of Port Commissioners approved the agreement on February 19. It will now be reviewed by a bankruptcy judge in Delaware overseeing Outer Harbor Terminals, LLC’s request ...
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Members of the G6 Alliance today announced additional void sailings within their Asia-Europe
product in response to changes in market demand.
As the G6 Alliance continues to review its product profile, the Loop 6 service will void sailings
starting from Week 8 for a period of 11 weeks. ...
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In response to low demand from Asia, MSC announced the withdrawal of the SENTOSA service that operates between Asia and the South East Coast of South America. The last departure was the MOL PREMIUM 4901a ETA Yantian Feb. 9, 2016 ETA Singapore Feb. 16, 2016.
All ...
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The Canaveral Port Authority (CPA) has joined the Green Marine environmental certification program, a North American initiative committed to advancing environmental excellence in maritime transportation. This marks a major milestone as the Canaveral Port Authority is the 100th participant to join Green Marine.
Commission Chairman Jerry ...
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To settle a two-year EU antitrust investigation, the world’s No. 1 container liner Maersk, Swiss peer MSC and 13 other shipping firms have offered to change their practices, reported the European Commission on February 16.
The companies include No. 3 player CMA CGM, Taiwan’s Evergreen Marine, ...
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The Port of Virginia reports that for the seven months of its fiscal year 2016, the volume of TEUS increased nearly 3%. The strongest segment of growth was rail cargo, which is up 6.5% when compared with last fiscal year.
In January, the port handled 192,844 ...
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Phase I of a 300,000-sq.-ft. temperature-controlled cargo facility will be built at the Port of Houston Authority’s Bayport Container Terminal. The facility is being built by AGRO Merchants Group, which provides cold supply chain operations globally.
Upon completion, the new facility will add significantly to the ...
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