Sea
Hapag-Lloyd recently reported that it concluded the first nine months of 2023 with a Group EBITDA of $4.5 billion and a Group EBIT of $3.0 billion. The Group profit stood at $3.4 billion. These results are significantly below the prior-year level due to the severe change in market conditions. With the further expansion of its terminal business, the Hapag-Lloyd Group’s business activities have also been split for the first time ...
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Cargo moving through the Port of Long Beach in October rose for a second consecutive month amid preparations for the upcoming holiday shopping season and ongoing efforts to recapture market share.
Dockworkers and terminal operators moved 755,150 twenty-foot equivalent units (TEUs) last month, up 14.7% from ...
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A new environmentally-friendly locomotive will soon service the Jacksonville Port Authority’s (JAXPORT’s) Talleyrand Marine Terminal. The unit is one of eight locomotives nationwide being converted from diesel to battery-powered through funding provided by Kansas-based Watco Rail Services and a U.S. Department of Transportation’s Federal Railroad ...
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Capt. John Murray, Port Canaveral CEO, presented a comprehensive overview of the Port's strong performance in Fiscal Year 2023 and expressed a positive outlook for the upcoming FY 2024 during his annual "State of Port" address on Nov. 8.
Capt. Murray showcased the Port's substantial economic ...
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The Halifax Port Authority and project partners have been recognized at this year's International Association of Ports and Harbours (IAPH) Sustainability Awards in the"Digitalization" category. Project partners in Data Enhancement Framework 2 (DEF2) are BlueNode Inc. (Everstream), PSA Global, Port Saint John, Canada's Ocean Supercluster, ...
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TOTE Maritime Puerto Rico introduced the world’s first emissions-reducing liquefied natural gas (LNG)-powered containership in 2015. Since then, they have added an additional LNG vessel to their fleet servicing Puerto Rico and converted two formerly diesel-powered vessels servicing Alaska.According to Chris Willman, Vice President of ...
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The Port of Virginia is making progress in its effort to become the primary logistics center for the Mid-Atlantic’s growing offshore-wind energy industry as the port debuted the first shipment of components for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project.In mid-October, crews using specialized ...
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APM Terminals Suape received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will operate the new container terminal at the Governador ...
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The Port of Oakland was presented with two awards by the American Association of Port Authorities (AAPA) at the annual AAPA conference. The AAPA Lighthouse Awards honor the best port programs each year. The American Association of Port Authorities is the voice of the seaport ...
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Garden City Terminal at the Port of Savannah handled 49,115 containers by rail in August (approximately 89,000 TEUs), an increase of 6% over the same month last year. Intermodal cargo represented 21.6% of total containers, an uptick in that ratio of roughly 7% compared to ...
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