Sea
Yang Ming Marine Transport Corp. said March 28 that it has purchased three 8,000 twenty-foot-equivalent-unit methanol dual-fuel-ready containerships from Shoei Kisen Kaisha Ltd.
The vessels are being built by Imabari Shipbuilding and are scheduled for delivery between 2028 and 2029. Yang Ming said the acquisition will strengthen its global service network and reinforce its commitment to providing customers with reliable and sustainable transportation service.
Yang Ming intends to add up to 13 ...
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Logistics payment platform PayCargo and Gnosis Freight, a provider of supply chain visibility and execution software for shipping containers, on March 3 announced an integration and partnership with leading liner shipper Hapag-Lloyd to launch the Container Payment Portal, or CPP.
Hapag-Lloyd has released plans to ...
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The BlackRock-TiL Consortium and CK Hutchison said March 4 they have reached in principle agreements whereby BlackRock-TiL will acquire HPH’s 90 percent interest in the Panama Ports Co.,BlackRock-TiL will also acquire CK Hutchison’s 80 percent effective and controlling interest in subsidiary and associated companies owning, ...
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The Trump administration has proposed fees on the use of China’s commercial ships to combat the Asian giant’s maritime dominance, Bloomberg reported Feb. 21The Office of the U.S. Trade Representative outlined a plan for fees on Chinese-built ships that transport traded goods, as well as ...
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The Port of Long Beach started 2025 with its strongest January on record and its second-busiest month ever, largely driven by retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.Dockworkers and terminal operators moved 952,733 twenty-foot equivalent units, or ...
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HD Korea Shipbuilding & Offshore Engineering, or HD-KSAOE, has revealed the design for a 15,000-twenty-foot-equivalent unit nuclear-powered containership that employs modular reactor technology.
The design, which was revealed Feb. 12 at the New Nuclear for Maritime Houston Summit at the Asia Society Texas Center, has ...
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The re-routing of merchant ships around Cape of Good Hope instead of crossing the Bab-al-Mandab has not only led to significant changes in trade patterns and tonne-mile demand, but has also resulted in certain operational challenges, especially regarding the procurement of certain stores and spares ...
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Global container volumes increased 6 percent in 2024 to 183.2 million twenty-foot-equivalent units, according to full-year figures from Container Trades Statistics Ltd., or CTS.Three months in 2024 – May, August and December – each surpassing 16 million TEUs, a first in history. This achievement contrasts ...
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Maryland officials on Feb. 4 unveiled the new design concept for the Francis Scott Key Bridge rebuild, which will replace one of Baltimore’s most iconic transportation landmarks.The design is a significant milestone in the multiyear project to restore the connection following the allision of the ...
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The Port of Baltimore's state-owned public and private marine terminals handled 45.9 million tons of cargo in 2024, its best year since 2023 when the port handled a record 52.3 million tons.More than 25.5 million of the nearly 46 million tons of cargo were handled ...
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