Bangladeshi port of Chittagong could soon clear up the congestion which started building up at the site in May 2017, local media said citing Chittagong Port Authority (CPA).
The Port of New York and New Jersey is standing on the threshold of a major milestone. In just a matter of days, the $1.6 billion project to raise the roadway of the Bayonne Bridge will achieve its primary goal with the complete removal of the remainder of the original, lower roadway, thereby opening up the bulk of the port to container ships capable of carrying up to 18,000 TEU. However, will this be a game-changer in terms of port routings?
California United Terminals, Inc. has announced that it will cease all operations and close on
As you may be aware by now, Maersk’s computer operating systems have been completely shut down by a cyber ransomware virus known as Petya. HMM systems were not affected by this cyber-attack and our vessels and services are operating normally without any issues.
The global dry bulk fleet grew by its fastest rate year on in May for 27 months, while in the first six months of the year, the growth in dwt terms has exceeded 2.0%, according to a Norwegian shipping analyst and IHS Markit data.
As the second quarter of 2017 draws to a close, the number of second-hand bulk carrier sales has fallen considerably from the first quarter of 2017, as the softening freight market instils caution among buyers.
The managing director of specialist marine and cargo underwriter The Strike Club has warned that the threat to the movement of maritime goods across the world will only continue.
Congestion woes at the US Pacific ports caused by a recent labor dispute have helped the US East Coast ports to grow at a faster rate than their West Coast counterparts, according to the inaugural edition of ‘North America Ports Logistics Annual Report,’ issued by the American commercial real estate company CBRE Group.
French ocean carrier will develop and operate a logistics platform in the port of Mariel with the Cuban logistics company AUSA.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.