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FIT Renews 20-year Agreement at Port Everglades

International Terminal LLC (FIT) has renewed its long-term marine terminal lease at Port Everglades, FL. The lease is estimated to generate 75,000 container lifts (about 128,000 TEUs) and $57 million over the next 10 years of the agreement. The agreement also includes two five-year renewal options. FIT is celebrating its 10th anniversary at Port Everglades, FL. "We have watched FIT grow year after year as a multi-use terminal with a robust presence ... [+]

The Port of Virginia Surpasses 200,000 TEUs for Ninth Consecutive Month

Port Expects to Exceed 2.5 Million TEUs for Calendar Year Norfolk – The Port of Virginia continues its march toward a record-setting calendar year, though cargo volumes were slightly down in November as the industry’s traditional busy season nears its end. In November, the port handled 203,472 ... [+]

Oversized steel tanks move through JAXPORT

Highly trained master riggers moved nine oversized specialty tanks through JAXPORT’s Blount Island Marine Terminal, home of one of the nation’s highest weight-bearing capacity docks. The new pressurized steel evaporator tanks, which arrived at JAXPORT from Zhangjiagang, China, are 45-feet in length, 20-feet in diameter, and ... [+]

Maersk, WMU Partner to Fight Corruption

A new partnership between Maersk Line and the World Maritime University will provide anti-corruption training to maritime officials from around the world. The project, titled CORA, has been long underway, explains Kristin Berglund, Senior Legal Advisor in Maersk Line. With approvals now in place from both ... [+]

HANSA HEAVY LIFT Opens Two New Offices, Appoints New Commercial Agent

HANSA HEAVY LIFT is continuing its global expansion program with new offices in Brazil and the UAE and with the appointment of a new commercial agent in Colombia. The new office in Rio de Janeiro, Brazil is headed by Marcello Marano, Business Development Manager, while the ... [+]

2 Million TEUs: New Record Set by Port of Houston Authority

As of December 10, the Port of Houston Authority has surpassed 2 million TEUs handled for 2015, setting a new record and solidifying its position as the leading container port on the U.S. Gulf Coast. The unprecedented performance so far in 2015 beats the previous record ... [+]

Port of Duluth-Superior: First visit for new ship, last grain cargo of the 2015 season

One of six newly-built bulk carriers in the Fednav fleet – the Federal Bering – is making its first full transit of the Great Lakes St. Lawrence Seaway system the week of December 14 en route to the Port of Duluth-Superior. While this will be ... [+]

CMA CGM Launches New Med Gulf Ecuador Service

CMA CGM is launching a new Med Gulf Ecuador service (MGE) offering a direct connection between the Mediterranean Sea, the Caribbean, the Gulf of Mexico, Colombia and Ecuador. It will start on December 19th in Guayaquil. This will be the only direct and weekly service between ... [+]

China Approves Consolidation, Reorganization of COSCO and China Shipping Group

China has approved the consolidation and reorganization of China Ocean Shipping Group (COSCO) and China Shipping Group to create one of the world’s largest container lines with a combined revenue of more than $40 billion. This move is an indication of China’s intention to overhaul inefficient ... [+]

CMA CGM Deploys Largest Cargo Vessel Ever to Call at a US port

The 18,000-TEU container ship CMA CGM BENJAMIN FRANKLIN will make its first U.S. call at the Port of Los Angeles in late December. It will be the largest container ship of this capacity ever to call at any port in the United States. The vessel ... [+]

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