The London-based information technology provider partnered with Penta Solutions to expand its system to small and midsized freight forwarders in Pakistan.
Crowley creates virtual LNG pipeline for customer in Puerto Rico
The Jacksonville, Fla.-based shipping company established a multi-year contract with the Puerto Rican operation of Ardent Mills, covering both the supply and transportation of liquefied natural gas, which will be used to power the Ardent plant.
Port of Philadelphia receives its largest containership ever
The largest containership to have ever called the Port of Philadelphia was the 8,800-TEU MSC Sophia Celeste on Wednesday.
FMC reviewing $5 chassis fee proposed by L.A./Long Beach terminals
However, chassis lessors oppose the West Coast Marine Terminal Operator Agreement members’ plan to implement a $5 fee on chassis that move in and out of container terminals at the ports of Los Angeles and Long Beach, saying it will cost them $29 million.
Great Lakes iron ore, limestone volumes sink in July
Iron ore shipments along the Great Lakes and St. Lawrence Seaway in July most commonly originated from Two Harbors, Minn., followed by Superior, Wis.; Presque Isle, Mich.; and Port Cartier, Quebec.
CAGTC says DOT multimodal awards overlook freight priorities
The Coalition for America’s Gateways and Trade Corridors argued that key freight hubs were bypassed in the latest round of TIGER grants and the inaugural round of the U.S. Department of Transportation’s FASTLane program.
MSC vessel, VLCC collide in Singapore Strait
Ten empty containers fell overboard the 14,000-TEU MSC Alexandra after its collision with a tanker in the Singapore Straight Wednesday at around 23:55 local time.
SGX makes offer for Baltic Exchange
However, the $113.9 million deal is still subject to approval by the Baltic Exchange shareholders.
Report: HMM to list new stock Friday
Meanwhile, the Korea Herald said HMM is looking for a new CEO with possible candidates including former HMM CEO Noh Jeong-ik and former APL CEO Ron Widdows, while Widdows informed American Shipper the report was just speculation and he is not involved.
Drewry: Terminal operators will be challenged by weak container growth, rising costs
The London-based shipping consultant said the focus of the industry is shifting away from greenfield projects to mergers and acquisitions.