Sea
UBSL, who for years has operated liner service from the Mediterranean and Black Sea to West Africa, has expanded into servicing the Caribbean and the East Coast of South America.UBSL Caribbean Line is a joint venture between BOCS Bremen and Universal Africa Lines. UBSL Caribbean Lines head office will be based in Capelle /d Ijssel in the Netherlands and will use the existing fleet of its joint venture partners, BOCS ...
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Volkswagen Group of America in October opened a new vehicle processing center in Port Freeport in Texas, which represents a US$114 million in the Freeport area.The Freeport facility, built by KDC, spans more than 120 acres about 63 miles south of Houston along the Gulf ...
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The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.
The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by ...
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The Port of Galveston has seen wind turbine shipments picking up, with hundreds of imported blades and tower pieces bound for a US$5 billion SunZia wind farm being built in New Mexico.Through October, the port has imported 979 wind pieces totaling more than 32,000 tons, ...
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Carl W. Bentzel has resigned as U.S. Federal Maritime Commissioner and will instead serve as president of the National Association of Waterfront Employees, or NAWE, and executive director of the National Maritime Safety Association, or NMSA.Bentzel was nominated to the FMC by President Trump on ...
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Swedish-Norwegian roll-on, roll-off carrier Wallenius Wilhelmsen said its third quarter was its second-strongest quarter of record, despite a slight dip in adjusted EBITDA, to US$503 million.“All business units are performing well, and the activity level is high across the organization,” said Lasse Kristoffersen, CEO of ...
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Danish shipping giant A.P. Moller - Maersk said higher freight rates coupled with increasing container volumes led to improved third quarter revenue and profit.Maersk reported growth across its businesses, primarily driven by Ocean, while both Terminals and Logistics and Services also contributed to improved earnings. ...
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Hapag-Lloyd AG said a third-quarter rebound in demand and freight rates led to a significant increase in earnings for the German container shipping group.However, these results lag previous-year levels as expected, due to lower first-half 2024 freight rates and increased transport expenses from the rerouting ...
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CMA CGM Group, French shipping and logistics company, said it delivered a “robust performance” in the third quarter, driven by sustained demand in maritime shipping amid disruption to major routes.Group revenue increased 38.5 percent to US$15.8 billion in the quarter ended Sept. 30, driven mainly ...
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Shipyards’ deliveries of container ships reached a new annual record just 10 months into 2024, said BIMCO, the organization for ship owners, charters, brokers and agents.The 410 ships delivered with combined capacity of 2.5 million 20-foot equivalent units bettered the previous high of 2.3 million ...
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