Intermodal

Maersk CEO Looks to Increase Market Share

A.P. Moller-Maersk's chief executive said its container shipping arm Maersk Line probably gained market share in the second half of 2015 after losing some in the first half of the year.

Maersk Writes Down Oil Assets

Writedown pushes company into red in fourth quarter; 2016 profit to fall short of previous year. Denmark's A.P. Moller-Maersk tumbled to a loss of $2.5 billion

Maersk, MSC, 13 Others Offer to Settle EU Probe

Companies offer to announce actual prices, not future plans. Shipping container groups Maersk, MSC and 13 other companies have offered to change their pricing

Bangladesh, Thailand Plans Direct Coastal Shipping

 Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of

Grounded Giant Chinese Boxship Freed

One of the world's largest container ships has been freed from a mud bank after running aground almost a week ago near Germany's largest port of Hamburg, German authorities said on Tuesday.

DP World 2015 Box Volumes Rise 2.4 pct

Dubai's DP World, one of the world's biggest port operators, on Monday said its 2015 annual gross container volumes rose 2.4 percent on a like-for-like basis and

U.S.-Georgian Consortium Wins Black Sea Port Contract

A U.S.-Georgian consortium has been awarded a $2.5 billion contract to build and develop a deep-sea port in Anaklia on Georgia's Black Sea coast, as the tiny ex-Soviet

COSCO Plans European Transhipment Hub

 China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make

Asia-Europe Box Rates Down 8 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 per 20-foot container (TEU) in the week ended on Friday,

Boxship Aground Near Port of Hamburg

A Chinese container ship that is one of the world's largest has run aground on the river Elbe near Germany's largest port Hamburg but shipping to the harbour continues as normal,

BSM, Bernhard Schulte Engage with Japan Shipping Cluster

Bernhard Schulte Shipmanagement (BSM) yesterday joined with parent company, Bernhard Schulte, in hosting a reception in Tokyo to engage with the shipping community

Kalmar to Deliver Straddle Carriers for Maher's NJ Terminal

Kalmar has received a large order for  27 straddle carriers from its long-term customer Maher Terminals LLC in Elizabeth, NJ.   The order has been booked into

Global Oil Demand Growth Slowing: Kemp

The United States was one of the biggest sources of oil demand growth in 2015 but the outlook for 2016 is much more muted, according to official forecasters. The U.

Singapore Slaps Heavy Fine on N. Korea-linked Shipper

Singapore-based Chinpo Shipping Company (Private) Ltd was fined S$180,000 ($125,698) on Friday for facilitating a shipment of arms to North Korea in violation of U.

Asia-Europe Box Rates Fall Again

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday,

MSC Acquires Portugal Intermodel CP Carga

 Swiss  Mediterranean Shipping Co. (MSC) has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway.

CMA CGM Steps Up Iran Presence

France's CMA CGM, the world's third-largest container shipping group, will expand its presence in Iran after signing a landmark deal on Thursday with the Islamic

Port of Indiana-Jeffersonville Breaks Annual Shipping Record

For the second year in a row, the Port of Indiana-Jeffersonville set an annual shipping record with total cargo tonnage for 2015 exceeding the previous year's volume by nearly 16 percent.

Port of Beaumont Celebrates Centennial

2016 marks the 100th anniversary of the Port of Beaumont, a major deepwater port in Southeast Texas.  A series of celebrations and public events began October 20th,

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