SHIPPING
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Port of Hamburg widens Vorhafen harbour entrance
March 9, 2017 - The Port of Hamburg has completed the widening of the entrance to the Vorhafen harbour basin, clearing the way for...
ICTSI orders mega-vessel equipment for MICT
March 7, 2017 - International Container Terminal Services Inc. is close to ordering five post-Panamax quay cranes and 20 rubber-tyred...
Maersk and IBM collaborate on blockchain technology for shipping
March 7, 2017 - Maersk and IBM are to work together to create a solution to modernize the shipping and logistics industry using...
Port of Long Beach to receive zero-emissions equipment grant
March 7, 2017 - The California Energy Commission has given notice of a proposed US$9.7 million grant to the Port of Long Beach to fund...
ZIM posts net loss for 2016 despite Q4 profit
March 7, 2017 - ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last...
Panalpina posts higher air freight volume but lower overall profit for 2016
March 3, 2017 The Panalpina Group made a consolidated profit of CHF80.2 million (US$79.2 million) in 2016, a year-on-year decrease of...
K+N posts record earnings
March 3, 2017 The Kuehne + Nagel Group made a net profit of CHF720 million (US$710 million) in 2016, a year-on-year increase of 6%,...
Hapag-Lloyd volume up but revenue down in 2016
March 2, 2017 Hapag-Lloyd posted a revenue of €7.7 billion (US$8.11 billion) for 2016, a year-on-year decrease of 12.5%, according to...
Port of Portland and ICTSI terminate Terminal 6 lease
March 1, 2017 The Port of Portland and ICTSI Oregon, Inc. have mutually agreed to terminate a 25-year lease agreement to operate the...
APM launches operations at Lazaro Cardenas
March 1, 2017 APM Terminals has launched operations at its Lazaro Cardenas facility with the first official vessel call by the 9,600...
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