Previous predictions by Drewry’s Global Container Port Throughput Index have been proven correct as global container traffic will break the 200 million-TEU record, prompting analysts to up the next outlook as trade continues to grow.

The new facility, within the Pune district in the state of Maharashtra, is 93 miles inland from Mumbai, according to the terminal operator arm of Danish shipping conglomerate A.P. Moller-Maersk Group.

CMA CGM names chairman of the board; DB Cargo AG appoints chief executive officer; IAG Cargo announces three new executive team appointments; and the Hong Kong Shipowners Association elects new chairman, deputy chairman and vice chairmen.

The Marseilles-based shipping firm’s board of directors appointed Rodolphe Saadé, the current chief executive officer, to succeed his father and company founder Jaques Saadé as chairman of the board of the CMA CGM Group.

APM Terminals Inland Services Africa will work with the government of Ghana and non-profit organization Amend to establish a port and logistics facility in Tema.

Through the first nine months of the year, global airfreight shipments are up 8.4 percent from the same 2016 period, according to data from Airports Council International (ACI).

The Taiwanese ocean carrier finalized the rights offering of 500 million new shares at 12 new Taiwan dollars per share, cashing in a total of NTD 6 billion (U.S. $200 million).

The two nations have agreed upon mutually-beneficial maritime developments in safety, navigation, port costs and registration, according to a report from industry news outlet Seatrade Maritime.

The Port of Savannah saw four new cranes delivered last week, bringing the port’s total crane count to 30, said the Georgia Ports Authority (GPA).

The agreement is related mainly to cargo acceptance checklists, which were traditionally paper-based and filled in manually during the transportation process, according to a joint statement from the companies.