Inmarsat, Shell Shipping and Maritime and maritime digital consultancy Thetius have collaborated to launch a new ‘Open Innovation Challenge’ to identify technology to help seafarers’ safety, health and mental wellbeing while at sea. In a statement...
The Port Authority of New York and New Jersey has lost $800 million in revenue since March as a result of the COVID-19 pandemic, according to its financial results for the first half of 2020. In a statement, the Port Authority said it had lost on ...
The Port of Houston only just missed out on matching its TEU traffic record for the first half of the year as trade fell by 2% year-on-year (YoY), according to its financial results. In a statement, the Port said it handled 1,427,809 TEU between J...
Mitsui O.S.K Lines (MOL) saw its profits fall by 47.5% in the first quarter of the financial year 2020 as the COVID-19 pandemic continues to hurt operations and trade. The Japanese carrier, one-third of shipping alliance Ocean Network Express (ONE...
AMP Terminals (AMPT) Mobile recent outlines its ambitions to become a 1.5 million TEU port as well as working to become a logistics centre for the region. For 2019 the total volume throughput was 419,000 TEU but the organization that the infrastru...
DP World handled 33.9 million TEU across its global portfolio of container terminals in the first half of 2020, the company said in a statement. This resulted in gross container volumes decreasing by 5.3% year-on-year (YoY) on a reported basis and...
The EU-Vietnam Free Trade Agreement will enter into force on 1 August 2020. Trade between the Port of Hamburg and Vietnam, which has already increased in recent years, should continue to benefit from this agreement the Port said. In a statement th...
Montecon S.A. at the Port of Montevideo, Uruguay has placed an order with Liebherr Container Cranes Ltd. for two large electric rubber tyre gantry cranes (ERTG). The machines are the first Liebherr RTGs in Uruguay. Stacking ten containers and a tr...
The Port Authority of New York and New Jersey has urged the federal government to provide it with $3 billion in direct financial assistance to avoid the worst effects of the COVID-19 pandemic. In a statement, the Port Authority said the sum reques...