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15 July 2016

Ports America Eyes Buyer in $1bn Sale

Ports America and Highstar Capital, a private equity firm that owns Ports America, is looking to find a buyer for the sale of Ports America, which could fetch around US$1 billion

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15 July 2016

ICTSI Secures $300m VICT Terminal Fund

VICT Terminal has signed a syndicated loan facility worth US$300 million in order to bolster funds to develop the Webb Dock East at the Port of Melbourne, Australia

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14 July 2016

Collision Sinks Cargo Ship

A 20,000 tonne cargo ship named Changrongmen crashed into another ship, the Zhongheng 9 early in the morning on Wednesday July 13, 2016

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14 July 2016

Transas Open CSMART Training Facility

Carnival Corporation, the largest cruise operator in the world, in collaboration with Transas, officially opened the doors of its new training facility on June 14, 2016

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14 July 2016

HHLA Completes Altenwerder Expansion

Hamburger Hafen und Logistik AG (HHLA) has completed the expansion of the rail terminal at its Container Terminal Altenwerder (CTA) significantly earlier than planned

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14 July 2016

DP World’s Container Weighing First

DP World Sokhna, located just south of the Suez Canal, has announced the early adoption of the Safety of Life at Sea (SOLAS) amendment by providing VGM declarations

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14 July 2016

Ukraine Eyes Top Baltic Hub Position

In a bid to offset the loss of trade links with Russia, Ukraine is looking to become a transit hub for shipments which are coming from regions such as the Persian Gulf and China to the Baltics

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14 July 2016

LA-Long Beach Triumph with Turn Times

In Q2, 2016, trucks were able to pick up and deliver containers at the ports of Los Angeles and Long Beach more quickly than in any other quarter over the last two years

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14 July 2016

HMM Signs Binding MoU with 2M Giants

Hyundai Merchant Marine has announced that it has signed an MOU with the 2M Vessel Sharing Agreement to provide a joint service beginning in April 2017

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