SHIPPING
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Port of Long Beach to receive zero-emissions equipment grant
March 7, 2017 - The California Energy Commission has given notice of a proposed US$9.7 million grant to the Port of Long Beach to fund...
ZIM posts net loss for 2016 despite Q4 profit
March 7, 2017 - ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last...
Panalpina posts higher air freight volume but lower overall profit for 2016
March 3, 2017 - The Panalpina Group made a consolidated profit of CHF80.2 million (US$79.2 million) in 2016, a year-on-year decrease of...
K+N posts record earnings
March 3, 2017 - The Kuehne + Nagel Group made a net profit of CHF720 million (US$710 million) in 2016, a year-on-year increase of 6%,...
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...
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