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DP World have agreed to acquire a 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to regulatory approval. In a statement, DP World said and strengthened its position as the…
The ports of Long Beach and Los Angeles have both seen their TEU traffic crash as Fitch Ratings warns the coronavirus will hurt trade volumes all over the world. Los Angeles and Long Beach, the two…
PSA Marine has completed the 100% acquisition of Tramarsa Flota and its subsidiaries in Peru from the Grupo Romero. The Stock Purchase Agreement was signed by Peter Chew, Managing Director of PSA…
Automation has been one of the maritime industry’s biggest technological trends of this generation and is a constant source of debate and analysis. It has also inspired innovation as ports and…
A vessel has lost at least five containers approximately 43 kilometres off the Dutch West Frisian Islands, according to the Netherlands Coast Guard. According to the authorities, the OOCL Rauma…
Hapag-Lloyd, the fifth largest container shipping line in the world by market share, and HHLA, the German terminal operator, have agreed to continue their close Hamburg-based cooperation. A statement…
The US ambassador to the UK visited the Port of Liverpool on 11 February to discuss commercial opportunities and transatlantic trade. Ambassador Robert Wood Johnson was making his first trip to the…
The Port of Charleston will receive a $20 million grant from the US Department of Transportation for the expansion of the Wando Welch Terminal. The investment will used to build an underwater…
Kalmar, part of Cargotec, has been awarded a contract to supply the Port of Houston public container terminals with a suite of process automation solutions for its rubber-tyred gantry (RTG) crane…
The Port of Oakland’s January 2020 results lift hopes for a recovery from the US-China trade war but questions remain over the impact of the coronavirus on trade growth. The Port has reported a 7.3%…
