2012/05/17
In the first quarter of 2012, the Port of Hamburg handled 2.2 million twenty-foot equivalent units (TEUs), a 5.2% increase from the first quarter last year. A total of 32.6 million tons of cargo passed through the port during Quarter … Continue reading
2012/05/07
At the 2012 Supply Chain and Transport Awards (SCATA), Jebel Ali Port was recently recognized as the Shipping Port of the Year. The port, which is operated by Dubai-based DP World and is located about 35 kilometers from Dubai, has … Continue reading
2012/04/09
German-based Hansa Shipping has elected to outfit four of its new 4,800 twenty-foot equivalent unit (TEU) vessels with the German ballast water treatment technology CleanBallast by RWO, a subsidiary of Veolia Water Solutions & Technologies. The ships, which will be … Continue reading
2012/04/03
In the time period of April-February, 2011-12, cargo traffic between India’s 12 busiest ports grew 1.59% from the same period the year before. In total, 510.8 million tonnes of cargo passed through the aforementioned Indian ports. Specifically, the coal industry … Continue reading
2012/04/03French shipping group CMA CGM reported its 2011 earnings on the company’s website earlier this week. The company, which is the world’s third largest shipping group, reported revenue of $14.87 billion- a 4% increase from 2010. Its cargo volume increased … Continue reading
2012/03/21
The South Carolina House of Representatives’ Ways and Means Committee recently set aside $180 million to be used for deepening some of the state’s harbors. A portion of the project will center on the Port of Charleston in the southeastern … Continue reading
2012/03/20
International Container Terminal Services, Inc. (ICTSI) has released its 2011 financial results. The company posted revenue of $664.8 million from its port operations- a 26% increase from the $527.1 million total posted in 2010. Net income grew 33%, as the … Continue reading
2012/03/11
Seaspan Corporation accepted delivery of the COSCO Excellence earlier this week. The 13,100 TEU containership accepted by Seaspan- an independent charter owner and manager of containerships- brings the company’s 13,100 TEU vessel tally to five, while increasing its fleet size … Continue reading
2012/02/02
CMA CGM, the world’s third largest container shipping group, and largest group in France, has reached a new agreement with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC) to reorganize its CIMEX 1 service along the Asia-Middle … Continue reading
2012/01/30
Malaysia’s trade in 2011 is expected to grow 7-8%, according to a news release on the Ministry of International Trade and Industry’s website. In the first eleven months, Malaysia recorded an export total of RM 633.81 billion (USD 208.38 billion) … Continue reading
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