Sea
A.P. Moller - Maersk delivered record earnings in Q3, 2021. Revenue grew 68% to $16.6 billion in Q3, EBIT was up almost five times to $ 5.9 billion and EBITDA tripled to $6.9 billion. Return on invested capital (ROIC) increased to 34.5% for the past 12 months.“In the ongoing exceptional market situation, with high demand in the US and global disruptions to the supply chains, we continued to increase capacity ...
[+]
The CMA CGM Group donated and distributed 1,500 turkeys in coordination with the Salvation Army of Los Angeles so that families there could enjoy a traditional Thanksgiving dinner. Ed Aldridge, President at CMA CGM (America) and APL North America, was on-site with officials from the ...
[+]
GCT’s Deltaport Berth 4 expansion project (DP4) has reached another milestone in the coordinated impact assessment process. The Detailed Project Description was accepted, and the Readiness Decision Report along with the Readiness Decision Order was issued recommending that the Project proceed to the next phase ...
[+]
The 31,000dwt ‘mega-size’ heavy lift vessel, AAL Kobe, recently transported two heavy lift single-point mooring (SPM) buoys along AAL Shipping’s (AAL) ‘Europe – Middle East / India – Asia Monthly Liner Service’ (EUMEIA), from Jebel Ali in Dubai to offshore anchorage in the Persian Gulf. ...
[+]
The Panama Canal began its Fiscal Year 2022 (FY22) at the start of October, marking the end to a year of record-breaking traffic at the waterway and global supply chain disruptions worldwide.The Panama Canal saw record tonnage in 2021 fiscal year (FY21). Between October 2020 ...
[+]
Hamburg Süd turned 150 years old on November 4. The company was founded by an original group of shareholders made up of a dozen Hamburg based and English merchants and a Hamburg based bank. The aim was to establish reliable shipping connections between Hamburg and ...
[+]
Overall cargo tonnage at Port Saint John in the first three quarters of 2021 is 19% higher than over the same period in 2020. The first three quarters of 2020 saw 18.6 million tonnes of cargo, with 2021 experiencing 22.2 million tonnes by the end ...
[+]
The CMA CGM Group has signed an agreement to acquire 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT Infrastructure III, based on an enterprise value of USD 2.3 billion. Currently holding a 10% stake in the ...
[+]
The Long Beach Board of Harbor Commissioners approved an agreement with ABL Space Systems to build a spacecraft processing facility at the Port of Long Beach and use waterfront area for the delivery and shipping of its cargo.
Founded in 2017, El Segundo-based ABL Space Systems ...
[+]
In 2013, Port Tampa Bay President & CEO Paul Anderson had a bold vision to grow Port Tampa Bay into a major container port. He encouraged shippers and retailers Reroute your thinking™ and look for more efficient ways to serve the growing Florida market. As ...
[+]
« Back
More »
