Hyundai Merchant Marine has made an agreement with Hanjin Pacific Corporation (HPC) to acquire its 100% stake in its Tokyo, Kaohsiung and Algreciras terminals for US$13.15 million. The deal also includes a 20% stake in Total Terminals International, which operates Pier T in Port of Long Beach, California
Two container shipping lines, France’s CMA CGM and Israel’s Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, reported Reuters.
Hanjin Shipping has finally come to an end after 40 years of operations, which saw South Korea’s biggest shipping become a global top 10 shipping company
Peter Cederholm is returning to crane spreader specialist Bromma as its President after spending three years in senior positions with Cargotec.
The 2M Alliance, led by Maersk Line and Mediterranean Shipping Company (MSC), offers shared vessels over 44 regular routes between Europe, Asia and the US east and west coasts. But will it take this year’s top TEU spot when the Ocean Alliance, the largest in history, launches in April 2017? PTI’s audience thinks so.
PTI welcomes the keynote and session speaker, esteemed business thought leader Inna Kuznetsova, President and COO at INTTRA, to the growing list of professionals sharing their knowledge at the upcoming Terminal Automation & Training C-Level Networking Conference taking place April 19-20, 2017, in London.
PTI is greatly anticipating the return of Neil Davidson, Senior Analyst of Ports and Terminals with Drewry Maritime Research and a regular contributor to the journal, as a speaker for PTI’s upcoming Terminal Automation & Training C-Level Networking Conference taking place April, 19-20, 2017, London
Aurecon’s Global CEO, Giam Swiegers, has warned that as the speed of change accelerates, the sheer velocity of disruption facing engineering, property, construction and infrastructure organisations is only increasing
2M alliance partners Maersk Line and MSC have launched an aggressive capacity hike on the two biggest trade lanes to coincide with launch of the new Ocean Alliance in April 2017.
Imports surged in US ports in January, with the country’s largest port complex in California, the ports of Los Angeles and Long Beach reporting strong growth.
K Line has announced that its CO2 reduction targets are scientifically consistent with levels set by the Paris Agreement
IMO Secretary-General Kitack Lim experienced polar conditions first hand during a recent visit to Antarctica (February 8-12, 2017) as shipping in waters surrounding the two poles has increased in recent years.
