Sea
Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG launch their operational collaboration Gemini Cooperation on Feb. 1.The container line giants intend to deliver a flexible and interconnected ocean network with schedule reliability above 90 percent once fully phased.About 340 vessels will be phased in and be a part of Maersk and Hapag-Lloyd’s shared ocean network with the first sailings taking place on Feb. 1, and ...
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Port Everglades enjoyed healthy increases in cruise, cargo and petroleum volumes during its 2024 fiscal year, resulting in record revenues for the Broward County, Florida port.For the quarter ended Sept. 30, 2024, Port Everglades earned a record US$215.7 million in revenue, up 18 percent from ...
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The Port of Los Angeles has appointed Jeffrey Strafford as chief financial officer and Artie Mandel as director of government affairs
Strafford, a long-time City of Los Angeles employee, will oversee the port’s financial affairs, including accounting, debt and financial analysis, and financial planning ...
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The Northwest Seaport Alliance of Seattle and Tacoma saw international container volume jump 32.9 percent in November 2024, compared with the year-earlier result.
Container volume (international and domestic) for November reached 290,210 20-foot equivalent units, or TEUs, growing 25.7 percent compared to November 2023. ...
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The Alabama Port Authority in December it has awarded a contract to Richmond Engineering Works, or REW, to produce two new stacker reclaimers.Pittsburgh-based REW will engineer, fabricate and install the new equipment at McDuffie Coal Terminal, with all engineering and fabrication to occur within the ...
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The U.S. Department of Transportation, or DOT, and the Federal Highway Administration, FHWA, said on Jan. 10 that it was awarded the Port of Houston Authority nearly US$25 million in grant funding to construct and operate a hydrogen fueling station for heavy-duty trucks.The project is ...
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Crude oil tanker deliveries plunged 74 percent to a 36-year low in 2024, said Niels Rasmussen, chief shipping analyst at BIMCO.Only 17 new tankers with 2.5 million deadweight tons of capacity joined the fleet in 2024. Recycling of crude tankers increased only 0.2 percent to ...
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The Ocean Alliance shipping network, or OA, has announced its 2025 project lineup, effective in April, which includes three additional services and heavy emphasis on transpacific services.OA member carrier OOCL released the alliance’s updated schedule, or “Day 9 products,” on Jan. 12. Other alliance members ...
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Galveston Wharves Port Director and CEO Rodger Rees said the Gulf port needs an update to its 20-Year Strategic Master Plan, which was adopted in 2019.“The comprehensive plan has been our roadmap for major capital projects to grow our business while managing potential community impacts,” ...
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Drewry, the maritime research and consultancy, said its World Container Index decreased 3 percent to USUS$3,855 per 40-foot equivalent unit, or FEU, the week of Jan. 2.The latest Drewry WCI composite index is 63 percent below the previous pandemic peak of USUS$10,377 in September 2021 ...
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