HMM making change at helm
Current CEO Jae Hoon Bae was not mentioned in the announcement that Kyung-bae Kim will succeed him.
Current CEO Jae Hoon Bae was not mentioned in the announcement that Kyung-bae Kim will succeed him.
A $150 million project at the Port of Brunswick will increase annual capacity to 1.4 million vehicles.
he Houston cold chain facility is scheduled to open in August and be operated by Performance Team, a company Maersk acquired in 2020.
Rising sea levels and increasingly extreme weather are expected to cost ports and shippers billions of dollars annually.
The Alabama State Port Authority will receive $265 million from the 2022 federal spending bill and a $38 million grant from the U.S. Department of Transportation.
Seko Logistics, Worldwide Logistics among those reacting to China’s “zero-COVID” strategy.
Oil companies face a potential profits-versus-people dilemma as a flotilla of tankers carrying Russian oil heads for U.S. ports.
The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.
COVID has been great for container shipping, terrible for cruising. What does this mean to MSC, which is big in both?
SC Ports has seen record container volumes for 12 months straight.
Vessel strikes are a major threat to whales, so better monitoring of their locations could help reduce collisions.
“Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition, allowing us to offer our customers a better network and additional port coverage in this region,” said Hapag-Lloyd CEO Rolf Habben Jansen.
Ocean liner Zim will include the Port of Boston in a China-Vietnam trade route.
In general, land-based oil spills are more time-intensive to clean up, but oil spreads out more rapidly in water.
Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.
Hapag-Lloyd is keeping its guard up after discovering a copy of its website that could have been used to steal the logins of the shipping line’s customers and employees.
“The solution to the nation’s port congestion problem is right here in this room,” CEO Eric Green said during his State of the Port address.
The new facility will reduce wait times and port congestion, according to Transport Canada.
Longshoremen along the U.S. West Coast say they won’t touch any shipments for Russia.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.