With a price tag of $44.8 million, the ship-to-shore cranes will be the largest delivered to the U.S. by builder Zhenhua Heavy Industries Co., according to Virginia Port Authority (VPA) Board Chairman John G. Milliken.
OOCL takes delivery of second 21,413-TEU mega-ship
The Hong Kong-based ocean carrier took delivery of the OOCL Germany today, the second of the six 21,000-TEU class vessels on order from the Samsung Heavy Industries shipyard on Geoje Island, South Korea.
Hutchison Ports partners with Iraq terminal operator
Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management, LLC to manage existing and future operations at the Port of Basra in southern Iraq.
Incheon container volumes expected to rise 15% in 2017
The Port of Incheon, which moved 1.47 million TEUs during the first six months of 2017, anticipates that its container throughput for the second half of the year will total 1.61 million TEUs, bringing the full-year total to 3.08 million TEUs.
Port of Catoosa cargo volumes steady in July
During the first six months of the year, the Oklahoma multi-modal port handled over 2.3 million tons of cargo.
Executive Moves: Werner, time:matters and SIMWAVE
Werner Enterprises, Inc. appoints board of directors member; time:matters Holding GmbH names new managing director, strategy & sales; and SIMWAVE hires manager for navigation.
Port of LA expands pilot data project to all terminals
The Port of Los Angeles and GE Transportation have agreed to extend their partnership to digitize the movement of shipment information for a minimum of five years and up to about $12 million, according to a statement from Southern California port.
French energy giant snaps up Maersk Oil for $7.45b
A.P. Moller-Maersk signed an agreement to sell its oil and gas division, Maersk Oil, to Total, which will significantly strengthen the French energy giant’s operations in the North Sea and elsewhere.
NYSHEX finalizes $13m Series A investment round
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany joined the first round of investments into the New York Shipping Exchange, a platform for so-called “enforceable” freight contracts, with additional investments from GE Ventures and Goldman Sa…