Integrated maritime, inter-modal and logistics company Contship Italia has said its operations will not change following the coronavirus outbreak in Italy but that it will continue to monitor the situation. In a statement, the Italian company said...
By Patrick Burnson, Executive Editor · May 10, 2019 International trade tensions, notwithstanding, the U.S. coastal port sector created 2.2 million jobs last year as marine cargo activity generated about $5.4 trillion of total economic activity. ...
The World Bank has urged Ukraine to move toward the ‘landlord model’ of port management in a report that looks at improving the country’s maritime industry. In its ‘Strengthening Ukraine’s Port Sector Governance’ report, the World Bank has said th...
Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services for the maritime sector, has announced a partnership agreement with Chile-based terminal operator Ultraport to implement Octopi TOS at its cargo ter...
DP World has completed the acquisition of Fraser Surrey Docks, the largest multi-purpose deep-sea marine terminal on the West Coast of North America, from Macquarie Infrastructure Partners (MIP). In a statement, DP World’s Group Chairman and CEO S...
Cambodia is going to build a new multi-purpose deep-sea port alongside the Sihanoukville Autonomous Port within the Sihanoukville Port Special Economic Zone (SPEZ) to transport goods directly to the United States. In a statement, the Minister of P...
APM Terminals (APMT) has announced that the West Africa Container Terminal (WACT) in the Port of Onne, Nigeria, will receive a major technological boost as it initiates its Phase 2 upgrade. In a statement, APMT said the upgrade will include three ...
he ports of Los Angeles and Long Beach have announced they will strengthen their collaborative measures in the areas of cargo movement, connectivity, workforce development and cyber-security. In a statement, the ports, the two largest in the US an...
German container shipping heavyweight Hapag-Lloyd recorded an over 80 pct increase in earnings before interest and taxes (EBIT) for the 2019 financial year amid improved freight rates and cost management efforts. The company’s EBIT stood at EUR 81...
