The complexity of UK regulation is a "major disincentive" to foreign investment in the country's ports, according to Richard Everitt, CEO of the Port of London Authority and chairman of the UK Major Ports Group.
The UK's port industry is divided over the structure the UK's trust ports should take if they were to be privatised.
The Maritime Union of New Zealand says that New Zealand's overseas trade could be in jeopardy unless the Government has a plan for ports and the maritime sector, according to the Maritime Union of New Zealand.
The Haifa Port Company in Israel will support its expected growth by replacing the company's 20-year-old container management system with Navis SPARCS N4, the industry's leading and most advanced terminal operating system (TOS). Computer Weekly News reported.
The number of shipping containers arriving in Melbourne increased in December, according to new figures from the Port of Melbourne Corporation.
Crowley Liner Services, a US Jones Act [barring non-US carriers from maritime cabotage] carrier, has settled with a group of shippers that had gone to court, alleging that it and other carriers in US-Puerto Rica trade had violated antitrust laws.
The complexity of UK regulation is a "major disincentive" to foreign investment in the country's ports, according to Richard Everitt, CEO of the Port of London Authority and chairman of the UK Major Ports Group.
The UK's port industry is divided over the structure the UK's trust ports should take if they were to be privatised.
Super-slow-steaming strategies and idle vessels are evidence that boxship operators are finally learning how to manage capacity, claimed Jorn Hinge, president and CEO of United Arab Shipping Company (UASC) last week.
The state-owned Virginia Port Authority will acquire the right to operate APM Terminals' Portsmouth marine cargo terminal for a 20-year period, according to preliminary terms of a lease agreement between the two entities, a top port official told The Daily Press.
The CKYH alliance of shipping lines will begin slow steaming on one of their Asia-US east coast services.
Crowley Maritime Corporation is to try out a "lightering" operation tomorrow at Port au Prince, in order to bring aid containers directly into Haiti.
The World Shipping Council (WSC) has proposed that the International Maritime Organisation (IMO) apply mandatory efficiency standards for new and existing ships.
OOCL saw revenues and volumes post double-digit contractions in 2009, despite a major performance improvement in the fourth quarter.
The start of a cooperation scheme involving 350 European Union container ships will be delayed by an EU competition investigation, the German initiator of the plan said, Reuters reported.
Contract shippers should be prepared to pay more for Asia-Europe ocean contracts this year than they did last year, although spot rates are not expected to rise much further, according to consultant Drewry.
CMA CGM has confirmed founder Jacques Saad¨¦ has been replaced as CEO by Philippe Soulie.
Confidence remains in short supply across the shipping sector as the dangerous overhang of newbuilding deliveries continues to threaten signs of recovery, according to the latest industry survey by accountant Moore Stephens.
Japan Airlines (JAL), the flag-carrier staggering under US$25.6 billion of debts, has filed for one of the country's biggest bankruptcies amid a battle between two US carriers for control of the troubled airline.
Listed port operator Asian Terminals Inc (ATI) has secured the right to expand its operations at the Port of Batangas, BusinessWorld reported.