Industry Sectors:Containers

Containers

US President Donald Trump has replaced Democrat Mario Codero as chairman of the Federal Maritime Commission (FMC) with Republican Michael Khouri.
Maersk Line is the largest operator of former Hanjin Shipping vessels but more than two-thirds of the vessels from the bankrupt company’s fleet remain inactive according to Drewry.
Showing the typical confusing nature of port development in the archipelago, Indonesian state-owned port operator Pelindo I has directly contradicted statements from the government and said there will be no…
Orient Overseas Container Line (OOCL) reported a 10% increase revenues, and a 20% jump in volumes in the fourth quarter of 2016, but revenue per teu was down 8.2%.
Infrastructure was the talk of the day, one week into the Trump Administration, with shares of Aecom a construction and engineering company that frequently sponsors American Association of Port Authorities…
San Antonio International Terminal (STI), a joint venture of Seattle-based SSA International and Chile’s SAAM, became the largest terminal in Chile passing the milestone of 1.2m teu in 2016.
Malaysian ports conglomerate MMC Corp elaborated on plans to ramp up capacity at its flagship Port of Tanjung Pelepas (PTP) to cater to growing demand from shippers as well as…
Pacific International Lines (PIL) will introduce two new China transpacific services starting 3 April 2017 to be operated in a joint cooperation under vessel sharing agreement.
Cosco Shipping Ports and CMA Terminals Holding have signed a memorandum of understanding (MOU) in Shanghai to reinforce their strategic cooperation on port operations and investments.
Amazon.com is moving into the freight forwarder space in ocean shipping. The global online retailer has started helping retailers in China ship goods via container to the US according to…