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Hanseatic Global Terminals Launches Latam HQ

Hanseatic Global Terminals said it has launched Hanseatic Global Terminals Latin America, the brand’s first-ever regional expansion and a significant step in the company’s mission to strengthen its global terminal network and enhance service offerings worldwide. With this launch, the Hapag-Lloyd subsidiary, founded in 2024, has located its regional headquarters is in Santiago, Chile, which will serve as the operational hub for both North and South America. The creation of Hanseatic Global ... [+]

Port of Palm Beach Takes Expansion for Granite

The Port of Palm Beach has signed a new lease agreement with Thalle Construction Co. and SAB Solutions that will increase inbound shipments and diversify the port’s cargo profile. Effective August 1, the companies will lease two acres along the port’s southwest perimeter to support the ... [+]

PermaCold Builds Cold Storage Near Brunswick

Georgia Ports broke ground in July on a new PermaCold Logistics 216,000 square-foot cold storage facility near Brunswick, adding 30,000 pallet positions. The building is being developed by Ti Cold and Karis Cold for PermaCold Logistics at Tidewater Industrial Park in Darien, Ga. Located five minutes ... [+]

Rusovich Named C. Alvin Bertel Award Winner

The World Trade Center New Orleans has named Gregory Rusovich, CEO of Transoceanic Development, as the recipient of the 2025 C. Alvin Bertel Award. Joining Transoceanic Shipping Co. in 1981, he implemented the company’s global strategy, launching 25 international offices with a primary focus on the ... [+]

Transpacific Rates Continue to Slide, Xeneta

Market average spot rates from the Far East to U.S. West Coast increased 10 percent by mid-month but steadily declined to US$2,264 per 40-foot equivalent units (or FEUs), said Xeneta, the freight rate benchmarking and market analytics platform. Average spot rates from Far East to U.S. ... [+]

ICHCA Analysis Focuses on Fatalities Risks

The International Cargo Handling Coordination Association, or ICHCA, has conducted an analysis of nearly 500 incidents involving shore workers over the last 25 years, with its findings on the ICHCA Severe Risks Dashboard. Key findings include: • An almost equal split between on-vessel and onshore risk to ... [+]

Drewry Index Sees Container Rates Stabilize

Drewry's World Container Index, or WCI, declined 1 percent to US$2,499 per 40-foot container the week of July 31, and continued to stabilize after a volatile period. The unpredictability began, Drewry said, after U.S. tariffs were announced in April, which caused rates to surge from May ... [+]

ONE Advances Ship Recycling Policy, Joins SRTI

Ocean Network Express, or ONE, has advanced its green strategy by implementing a ship recycling policy and joining the Ship Recycling Transparency Initiative, or SRTI, which promotes responsible practices and environmental stewardship. Both moves align with ONE’s efforts to enhance transparency, promote ethical operations, and uphold ... [+]

US Ports Import Rebound to Be Short-lived, NRF

Though import cargo at major U.S. container ports were poised to rebound in July following a double-digit late spring plunge, a late summer swoon is expected once previously paused tariffs take effect Aug. 1, according to the National Retail Federation. NRF’s Global Port Tracker, created with ... [+]

ITS Starts Long Beach Pier G Terminal Expansion

International Transportation Service broke ground July 11 on a US$365 million terminal expansion project at the Port of Long Beach, aimed at developing more space to stack cargo containers and maximizing efficiency. The project will fill an unused slip in the middle of Pier G Terminal, ... [+]

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