Sea

Hapag-Lloyd Venture Opens Damietta Terminal

Valentine’s Day, Feb. 14, saw the arrival of the first vessel call at the new Damietta Alliance Container Terminals facility, at the Egyptian port. The 13,117-TEU Essen Express, operated by Hapag-Lloyd, became the inaugural ship to berth at the Damietta Alliance Container Terminals, or DACT. The terminal, located at Damietta Port on Egypt’s Mediterranean coast, is designed primarily as a transshipment hub and is planned to reach an annual capacity of 3.3 ... [+]

East, Gulf Ports’ Gains Imports Share, ITS

U.S. container imports fell in January from a year earlier but remained above historical averages, while East and Gulf coasts ports captured a larger share of inbound volumes, according to the February Port/Rail Ramp Freight Index released by ITS Logistics. Imports totaled 2.32 million twenty-foot equivalent ... [+]

Brunswick Dredging to Restore Channel Depth

Dredging is underway at the Port of Brunswick as federal crews work to restore the harbor to its authorized depth, a move officials say will improve vessel efficiency and support continued growth at the nation’s busiest auto port. The federally funded maintenance project, overseen by the ... [+]

Price Joins Georgia Ports, to Succeed Lynch

The Georgia Ports Authority said Feb. 10 that veteran terminal operator Kevin Price will join the agency as president beginning July 1, as part of a planned leadership transition that will eventually place him in the top role. Price will report to current President and CEO ... [+]

Hapag-Lloyd to Buy ZIM in $4.2 Billion Deal

Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for about US$4.2 billion in cash, a merger that would create the world’s fifth-largest container shipping company and could reshape competition and freight pricing across major trade lanes. Under the deal announced Feb. 16, Hapag-Lloyd will pay ... [+]

January Box Imports Post First Rise in 6 Months

U.S. import volumes at major container ports are expected to post their first month-over-month increase in six months in January but remain below year-earlier levels until late spring, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates. January volume ... [+]

New Commissioner DiBella Named FMC Chairman

President Donald J. Trump on Jan. 28 designated Laura DiBella to serve as chairman of the Federal Maritime Commission. DiBella was sworn in as a new commissioner about three weeks earlier; she was nominated by Trump Dec. 18 and confirmed by the Senate on Dec. 18 ... [+]

MPV, Heavy-lift Shipping on Firmer Footing, MSI

The multipurpose and heavy-lift shipping market entered 2026 on a firmer footing, according to the 20th edition of Market Sentiment Index (MSI) from One World Shipbrokers, which recorded its third consecutive quarterly rise to 53.4 in the first quarter. The index points to modest improvements in ... [+]

CMA CGM, Maersk Diverge on Red Sea Strategies

CMA CGM will reroute vessels on its FAL 1, FAL 3 and MEX Asia-Europe services around the Cape of Good Hope, reversing a recent return to the Suez Canal and adding fresh uncertainty for North American shippers already grappling with volatile transit times, freight rates ... [+]

WisDOT Awards Port Milwaukee Harbor Funding

Port Milwaukee said it will receive more than US$1.4 million in Harbor Assistance Program funding from the Wisconsin Department of Transportation to support infrastructure improvements on Jones Island. The grant will be used to fund roof repairs for Terminal 2, a 53,000-square-foot building that was built ... [+]

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