The Panama Canal Authority and Grupo Unidos por el Canal remain far apart on a deal to resolve a long-simmering billing dispute that would resume work on new locks that are part of the $5.2 billion expansion project.
DOT provides updates on the Highway Account each month. For February, it predicts the account will climb a bit to $8.9 billion, but will start falling precipitously after April. A shortfall is expected to occur sometime in August.
The ports of Long Beach and Los Angeles said container imports last month were higher than in January 2013.
Totem Ocean Trailer Express has selected Wärtsilä to supply main engines, generators and integrated systems for the storage and handling of liquefied natural gas and fuel gas for the retrofit of its two Orca-class ro-ro vessels.
An examination by cargo surveyors of the Maersk container ship Svendborg Maersk showed that around 520 containers were lost overboard. Around 85 percent of those lost containers were empty.
CEVA Logistics will move its Panama City operation this month to a 4,400-square-meter warehouse near the Panama Tocumen International Airport. The firm will manage multiple customers from the new space, which boasts a capacity for 7,000 pallet positions and room for expansion. “This new facility also gives us room to expand our […]
To bolster its share in the Singapore pharmaceutical market, IAG Cargo will add A380 service, equipped with a fully air conditioned cargo hold, from Singapore to London in October. According to IAG, there are more than 30 of the top biomedical science companies operating in Singapore. “With some pharmaceutical shipments valued at […]
Saudia Cargo will begin offering more belly cargo space on new passenger flights between Riyadh, Saudi Arabia, and Manchester and Los Angeles on April 1. The thrice-weekly services will make use of a B777-200 to Manchester and B777-300 to Los Angeles. “As our second passenger destination to the UK and our third […]
Dachser USA has entered a newly expanded warehouse in Chicago, which will serve as its Midwest hub providing cross-docking, warehouse storage, distribution, and buildup and breakdown of air and ocean containers. “With the expansion of our Chicago-based warehouse, 80 percent of the U.S. population can be reached within two days by way of […]
The trend of wider cooperation by container carriers may continue with the world’s fourth largest container carrier, Evergreen, saying it is looking at the possibility of creating a new alliance with members of the CKYH Alliance. The existing CKYH or “Green” Alliance members are Cosco, “K” Line, Yang Ming and Hanjin. In […]
The Georgia Ports Authority continues to make upgrades and grow cargo volumes at Savannah and Brunswick, but the local chapter of the American Society of Civil Engineers last month rated the state’s port a “C+”.
A boxship of Maersk Line lost a “significant number of containers” overboard during rough weather Friday, the Danish carrier said Tuesday. The Svendborg Maersk, with 8,160 TEUs, was hit by winds reaching 60 knots and waves of about 10 meters. The weather collapsed container stacks on the vessel, which led to boxes falling […]
“The two sides will establish a comprehensive strategic partnership and a resource-sharing mechanism in areas of shipping, terminal operation, logistics, shipbuilding, ship repair, etc.,” the liner companies said.
The Capitol Hill lawmaker pointed to four specific projects in Washington – Baker Bay, Chinook Channel, Kenmore Navigation Channel and the Quillayute River – as priorities for dredging and other maintenance.
Wallenius Wilhelmsen Logistics has started a new service from Spain to South Africa and Australia. Vessels will depart Santander, Spain, twice a month, and include extra capacity. The vessels will carry cars, rolling equipment and breakbulk. “WWL is excited to support manufacturer needs for ocean transportation from Spain to South Africa and […]
Maersk Line will offer service to Georgetown in Guyana and Paramaribo in Suriname using its “Calypso feeder,” starting next month. The company said it will serve the markets on a weekly basis by deploying its own dedicated tonnage via its hub in Panama. The rotation for service includes Manzanillo (Panama), Guanta (Venezuela) […]
Sen. Ron Wyden, D-Ore., last week took the reins of the influential Senate Finance Committee. He replaces Max Baucus who didn’t plan to run for reelection this fall and was recently confirmed by the Senate to be ambassador to China. Wyden gave up his chairmanship of the Energy and Natural Resources Committee to head Finance. Mary Landrieu of […]
A joint venture between Rickmers Group and Apollo Global Management has purchased six Panamax container vessels from Hamburg Süd for $176 million. The ships, have been chartered back to Hamburg Süd for a period of three years. The 2007-built Bahai and its sister ships have nominal capacities of 3,630 TEUs, which includes 844 reefer […]
Maersk Line said it will begin offering service this month between East Coast ports in North America and South America by transshipping cargo through Algeciras, the Spanish port on the Bay of Gibraltar.
After phasing in operations during the past year, airport employees and Cathay Pacific cargo executives have officially celebrated the grand opening Monday of the carrier’s new cargo facility at Hong Kong International Airport.
