PSA Sines has awarded the first phase of expansion of the Sines Container Terminal (Terminal XXI) to the bid comprising Mota-Engil, Engenharia E Construcao, SA/Etermar – Engeneharia E Constructao. The terminal said in a statement that the expansio...
CMA CGM has joined other container shipping lines in seeing positive a financial performance in Q3 of 2020 as its earnings before interest, depreciation and amortisation (EBITDA) increased by 68% year-on-year. Additionally, it said volumes increas...
The Port of San Diego will move forward with its plans to install a microgrid battery storage system and electrical infrastructure at its Tenth Avenue Marine Terminal (TAMT) as part of ongoing efforts to lower emissions. The microgrid will provide...
The Port of Rotterdam Authority has announced that the new berths for inland shipping at Maashaven have gone into operation, making it the leading inland shipping hub in the Netherlands. The Port Authority said a total of 13 pontoons have been add...
Work has begun on a 482,000 sq ft warehouse for the world’s leading contract logistics provider, DHL Supply Chain, at DP World London Gateway, the terminal operator said in a statement. In a joint enterprise, DHL will construct a brand-new bespoke...
Mitsui O.S.K. Lines (MOL) has announced that, along with MOL Group company MOL Information Systems, (MOLIS), it has developed and introduced a new online web application process that utilizes abstract log data and improve operational efficiency both ...
APM Terminals Pipavav has reduced the terminal handling charges for empty containers by 25% to enable the exporters who are adversely impacted by the shortage of empty containers due to significant fall in imports. The reduction for handling charg...
A.P. Moller – Maersk (Maersk) improved its profitability across the business and delivered strong free cash flow, despite the negative impact on global economies from the COVID-19 pandemic during Q3. The company said its earnings before interest, ...
ZIM Integrated Shipping Services (ZIM) has broken its quarterly net profit record after making $144.4 million in Q3, a year-on-year (YoY) increase of 2,818.4%. The results mean ZIM is the latest container shipping line to enjoy a financial boost d...
