Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
Liebherr to deliver 4 ship to shore cranes and 18 rubber tyre gantry cranes to Transnet Port Terminals in South Africa.
APM Terminals Apapa Named “Best Terminal Operator of the Year” at Nigerian Maritime Excellence Awards
24 Feb 2014
CMA CGM has launched the Equatorial Guinea Express, a weekly, direct service from Tanger-Med to the ports of Bata and Malabo in Equatorial Guinea.
19 Feb 2014
Two U.S. security officers have been found dead on the Maersk Alabama, according to a statement by Seychelles police today, CNN reports.
18 Feb 2014
CMA CGM has extended its FEMEX service in the Black Sea with the addition of three new calls in Samsun, Turkey; Novorossiysk, Russia; and Constanta, Romania.
10 Feb 2014
Major container lines hope to increase rates in multiple trade lanes in March, April and May, although any hikes achieved could be fleeting.
07 Feb 2014
The global air cargo market faces a challenging year after growing just 1.4 percent in 2013, according to the International Air Transport Association.
06 Feb 2014
Eurogate, Europe’s largest container stevedore, last year handled more than 14 million standard containers for the first time since the global recession in 2008, as a strong performance by its Mediterranean terminals outweighed a decline in its domestic German market.
30 Jan 2014
CMA CGM has announced the launch of a new direct service from the Middle East to Somalia.
28 Jan 2014
CMA CGM Terminals is acquiring a 25 percent stake in Nigeria’s Lekki container terminal from Philippines-based International Container Terminal Services Inc.
22 Jan 2014
The market for breakbulk and heavy-lift ocean cargo is emerging from the doldrums it experienced last year. Although a backlog of global industrial projects carried the heavy-lift sector through 2012 and construction of new pipelines and wind farms in the U.S. filled inbound multipurpose breakbulk vessels that year, demand largely dried up in 2013. But the picture is brightening, and the market is positioned for a significant recovery in 2014 and 2015.
15 Jan 2014
Global piracy fell to a six-year low in 2013 as international navies and private security guards significantly reduced attacks by Somali pirates, the International Maritime Bureau reported.