Sea
Container ship deliveries are continuing their blistering pace into 2024, BIMCO said, as deliveries have already topped 1 million TEUs of container ship capacity in the first four months of the year.The pace is an 80 percent increase over the same period in 2023, when deliveries reached 2.3 million TEUS of capacity for the full year, 37 percent better than the former all-time high, the Danish international shipping association reported.However, ...
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Maryland’s Department of Transportation said May 2 that it estimates it will cost US$1.7 billion to US$1.9 billion to rebuild Baltimore’s collapsed Francis Scott Key Bridge, which was struck by a container ship in March.The state DOT said the estimate “is in line with similar ...
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Stevedoring, marine services and logistics provider Associated Terminals’ management group has purchased S.H. Bell Co. and its subsidiaries.S.H. Bell, founded in 1933, will continue to operate independently in its existing trade and under its name, and the management team will remain in place to manage ...
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Project heavy-lift carrier AAL Shipping in April celebrated the 10-year anniversary of AAL Americas, its Houston-based unit, which provides services in the Pacific trade to and from Asia, and transatlantic services to Europe and the Middle East.AAL Americas, which has moved its headquarters to Woodlands, ...
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The World Shipping Council is calling on the European Union to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path to net-zero shipping by 2050 in partnership with industry.WSC, whose members account for 90 ...
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The Northwest Seaport Alliance is implementing a comprehensive cargo and service incentive program aimed at bolstering international container rail cargo volumes and improving service delivery in the Seattle and Tacoma harbors.NWSA’s managing members are committing US$11 million in incentives, designed in response to market demand ...
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One year since its creation, the Green and Digital Shipping Corridor, or GDSC, shared among three major global container ports, is moving in the right direction for green jobs, health benefits and economic benefits, a study has determined.The U.S. ports of Los Angeles and Long ...
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Shipping line Hapag-Lloyd said it has launched Live Position, its first dry container tracking product to provide full transparency on the location of their shipments – from the start of transportation until the arrival at the destination.As the first container shipping line to introduce a ...
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Global logistics provider GEODIS recently completed a complex air cargo transport to Colombia, and has contracted to provide inbound logistics for Canada’s National Shipbuilding Program.GEODIS’s Colombian just-in-time logistics operation featured oversized thermocompressors via Antonov AN-124, the world’s largest cargo aircraft. The move required transporting 249 ...
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The owners of the Dali, the 9,971-TEU containership that lost power struck the Francis Scott Key Bridge in Baltimore harbor, have declared “general average,” according to a spokesperson for vessel owner Grace Ocean Private Ltd.General average is a principle in maritime law in which all ...
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