SHIPPING
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Hapag-Lloyd volume up but revenue down in 2016
March 2, 2017 - Hapag-Lloyd posted a revenue of €7.7 billion (US$8.11 billion) for 2016, a year-on-year decrease of 12.5%, according to...
Port of Portland and ICTSI terminate Terminal 6 lease
March 1, 2017 - The Port of Portland and ICTSI Oregon, Inc. have mutually agreed to terminate a 25-year lease agreement to operate the...
APM launches operations at Lazaro Cardenas
March 1, 2017 - APM Terminals has launched operations at its Lazaro Cardenas facility with the first official vessel call by the 9,600...
ZIM completes restructured network
March 1, 2017 - ZIM will launch a service connecting Asia, the Pacific Northwest and the Eastern Mediterranean/Black Sea in April 2017...
Infrastructure work uneven in SE Asia
February 27, 2017 - Start-of-the-year announcements show the uneven nature of infrastructure development in Southeast Asia, particularly on...
Europe’s ports boost inland connections
February 27, 2017 With diminishing scope to achieve much competitive advantage through additional quayside operational efficiencies, many...
US ports open wallets
February 27, 2017 The Port of Oakland is bent on an aggressive drive to boost its cargo throughput, with more container traffic the...
Trump’s protectionism could prove costly affair for US trade
February 27, 2017 US President Donald Trump’s threats to restrict foreign imports with a view to creating jobs for Americans have caused...
No sustained recovery on rates until 2019
February 27, 2017 Even though shipping lines’ rates have rebounded – in some cases significantly – since 2016, the industry still faces...
Packaging plays
February 27, 2017 Kuehne + Nagel has spotted an opportunity in the preparation of cargo for shipping. The multinational logistics firm’s...
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