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Port Terminal Operations News

30 Sep 2020

CMA CGM Suspects Data Breach from Cyber Attack

© Val Traveller / Adobe Stock

CMA CGM suspects a cyber attack affecting its servers led to a data breach, the global shipping line said on Wednesday as it continued to restore online services."We suspect a data breach and are doing everything possible to assess its potential volume and nature," it said in a statement.CMA CGM, the world's fourth-largest container shipping company, first reported the incident on Monday, saying it had shut down access to its online services after malware targeted its peripheral servers.The group's e-business website remained unavailable, with customers directed to alternative channels, but ba

18 Feb 2020

Hapag-Lloyd: Asia Business 'Overall Stable' Amid Virus Outbreak

(Photo: Hapag-Lloyd)

German container shipping line Hapag-Lloyd said on Tuesday its business in Asia was "overall stable," although the coronavirus outbreak had extended the traditionally slack period around China's Lunar New Year holiday.China's efforts to control the virus had extended the normal factory shutdowns for the New Year festivities to anywhere between Feb. 8 and Feb. 14, depending on the region, a spokesman for the world's fifth largest container carrier told Reuters.However, Hapag-Lloyd's fleet was operating largely as normal…

25 Dec 2015

SCI Awarded IMS Cetification

The Shipping Corporation of India Ltd was awarded the Integrated Management System (IMS) Certification at its Head Office at Mumbai on 23rd December, 2015 by Arun Sharma, Chairman and Managing Director of Indian Register of Shipping (IRS) and congratulated SCI on “another feather in its existing hat of firsts”. The certificate was received by Arun Kumar Gupta, Chairman and Managing Director of SCI. SCI became the first Indian Shipping Company to be awarded the IMS (QMS 9001, EMS 14001, and BS OHSAS 18001) certification across its establishment and fleet. The scope of IMS certification includes Owning, Managing and Chartering of ships for transportation of goods and passengers, Offshore and marine advisory services, Maritime training services and Port/Terminal Operations Management.

25 Feb 2015

Top Five Most Costly Insurance Claims

Image courtesy of TT Club

The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance provider said it has found that 66% of its claims by number and 62% by value over a five year period can be categorized into just five causes. The analysis, which was conducted on 7,000 insurance claims each costing more than $10,000 recorded between 2010 and 2014, totaling $425 million, revealed that the same five generic causes identified in its previous five year analysis continue to disrupt and cost dearly.

29 Aug 2014

CMA CGM Continues Expansion, Confirms Profits

Photo: CMA CGM

The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014. In the second quarter, in a market environment shaped by diverging developments in different regions, CMA CGM reported its consolidated revenue amounted to $4.2 billion, up 3.7% year-on-year, volumes carried increased by 8% to 3.1 million TEUs, and average revenue per TEU decreased by 3.9% over the period.

10 Apr 2013

Retail Industry Applauds ILA Labor Agreements

“Today’s vote ratifying a new, long-term master labor contract is welcomed news to the nation’s retailers, who have been on pins-and-needles for the past year due to the possibility of a supply chain disruption along the 14 East and Gulf Coast container ports. “The ILA and United States Maritime Alliance should be commended for reaching today’s pinnacle vote, and doing so without engaging in any disruption, stoppage, lockout or strike. “The retail industry would also like to recognize the dedication of the Federal Mediation and Conciliation Service (FMCS) and the hard work of FMCS Director George Cohen and his team of negotiators, who managed to keep both sides at the table to hammer out this deal. “The nation’s ports are our economic lifeline to the world.

27 Jul 2012

OP/ED: Maritime Education

Rear Admiral Richard Gurnon, USMS, is the President of the Massachusetts Maritime Academy.

Will the American University System Follow in the Wake of our Merchant Fleet? Everyone who came to America knew that the most reliable path to financial success and status was hard work and higher education. That formula even worked for those born here. The rush to higher education started in 1947 when the GI Bill sent millions of Americans to college. In fact, for years, almost half of all those entering college were veterans (note: Merchant Mariners were not included in that benefit.) Higher education was seen by the public as both affordable and valuable.

28 Mar 2007

ASL Marine Wins Seven-vessel Contract

ASL Marine Holdings Ltd. has secured major shipbuilding contracts worth S$164 million. These contracts are for the construction of seven vessels involved in offshore oil and gas as well as port terminal operations. The seven vessels include six units of Rotor tugs secured from repeat customers in Europe as well as one unit of Heavy Lift cum Pipelay vessel secured from a customer in India. These contracts are due for delivery by 2009. The Group's shipbuilding order book stood at S$382 million as at 31 December 2006. With these new contracts, the Group's total shipbuilding order book has increased significantly by S$164 million. These new contracts are expected to keep ASL Marine busy till FY2009. Source: Rigzone

24 Sep 1999

Port Management Program for Officials

Senior port officials and maritime industry executives interested in learning the latest port operation, planning and management techniques can participate in the 16th annual International Program for Port Planning and Management (IPPPM), to be held in New Orleans, March 13-24, 2000. The intensive training program offers maritime industry leaders from around the world a unique opportunity for further professional education and personal enrichment. IPPPM is sponsored by the board of commissioners of the Port of New Orleans, the World Trade Center of New Orleans, the Louisiana State University National Ports and Waterways Institute and the University of New Orleans.