Due to major unforeseen construction problems, the completion and opening of the new APM Terminals-operated terminal at Moin will be delayed until February 2019.

The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs can now sail beneath the Bayonne Bridge.

In its most recent membership survey regarding containers lost at sea, the World Shipping Council found that the average number of containers lost between 2014 and 2016 was down about 16 percent from the previous three-year period.

The number of twenty-foot equivalent units that passed through Port of Long Beach terminals was up 9.2 percent last month compared to June 2016, according to the latest data from the Southern California port.

The official flag carrier of Hong Kong will purchase the remaining 40 percent of shares in Air Hong Kong, held by DHL, who in turn will acquire eight freighter aircraft from Air Hong Kong.

COSCO’s acquisition of OOIL illustrates once again that normal fundamentals aren’t at play in the ocean shipping industry, where governments, sovereign wealth funds, and patriotic investors play outsized roles in the success or failure of specific lines.

With so much acrimony already between the U.S., Mexico and Canada over various commodities traded across their borders, just imagine how hard it will be for the Trump administration to reshape the 23-year-old North American Free Trade Agreement (NAFTA).

The Port of Los Angeles and General Electric recently launched an ambitious data portal pilot program that will digitize the movement of shipment information in an effort to improve the flow of goods at the nation’s busiest seaport.

The “Big 3” Japanese container lines – MOL, NYK and “K” Line – have named Jeremy Nixon, former Chief Executive Officer of NYK Group’s container division, to lead their new joint venture scheduled to commence operations in early 2018.

As of June, 178 containerships with an aggregate capacity of 474,000 TEUs were idle, with over half of the ships having a capacity of 2,000 TEUs or less, according to maritime consultant Drewry.