»ZIM to launch new cross-Pacific services with G62014-05-12

ZIM will in mid-May launch a new service structure between Asia and the West Coast of North America, in cooperation with the G6 alliance, offering top-level, fast and reliable services, with improved transit time and extended port coverage.

»Pelindo III secures 25-year rights for shipping route2014-05-12

State-owned port operator Pelabuhan Indonesia III (Pelindo III) has secured a 25-year concession to operate the Surabaya Western Shipping Route (APBS) in East Java

»Cosco favourite for Greek port stake sale2014-05-12

China Ocean Shipping Group Co (Cosco), the parent of shipping and ports giant China Cosco Holding, has emerged as an early favourite in an auction to buy a majority stake in the operator of Greece's main port of Piraeus, according to people familiar with the matter.

»MOL, Evergreen, Cosco start Asia-W Africa loop2014-05-12

MOL, Evergreen Line and Cosco are launching a weekly direct service from Asia to West Africa, branded the WA1, to meet the increasingly diverse commercial requirements in Africa,according to Shipping Gazette.

»Rickmers profit drops 8pc2014-05-12

Germany's Rickmers Maritime first quarter profit declined eight per cent year on year to US$9.9 million, drawn on revenues of $33.9 million, which were down four per cent, according to Shipping Gazette.

»Yangzijiang Shipbuilding quarterly profit up 11pc2014-05-12

China's Yangzijiang Shipbuilding has posted a year-on-year 11 per cent first quarter net profit increase to CNY799.19 million ($127.91 million), drawn on revenues of CNY3.55 billion up 24 per cent, according to Shipping Gazette.

»ECU-LINE opens export consolidation office in Fremantle2014-05-12

ECU-LINE Australia has officially opened a new branch office in Fremantle, Australia to offer export consolidations weekly to Singapore and New Zealand from Australia, according to Shipping Gazette.

»BMT to Expand Presence in Australia2014-05-12

BMT JFA Consultants, a subsidiary of BMT Group, has announced plans for new offices in both Perth, Western Australia and Brisbane, Queensland in order to better support its clients¡¯ requirements and provide space for expansion.

»DCT Gdansk first quarter volume increases 7.1pc2014-05-12

Poland's Deepwater Container Terminal (DCT) Gdansk's volume increased 7.1 per cent year on year to 1.15 million TEU in 2013, while first quarter throughput was up 28 per cent to 308,539 TEU, the terminal operator announced.

»PSA to build, operate 4th terminal at Jawaharlal Nehru port2014-05-12

Singapore's global port operator PSA International has signed a concession with Mumbai's Jawaharlal Nehru Port Trust (JNPT) to develop JN Port's fourth container terminal, according to Shipping Gazette.

»L.A. port sizes up project's environmental impacts; New Orleans port sets ship-s2014-05-09

The Port of Los Angeles and U.S. Army Corps of Engineers have prepared a Draft Environmental Impact Statement/Report for Yusen Terminals Inc.'s planned container terminal improvements at Berths 212-224 on the north side of Terminal Island along the Cerritos Channel.

»PSA Singapore wins contract to develop fourth terminal at Navi Mumbai2014-05-09

In the single largest project awarded in the port sector, PSA Singapore on Tuesday signed an agreement with Jawaharlal Nehru Port in Navi Mumbai to develop its fourth container terminal, entailing an investment of ₹8,000 crore.

»OW Bunker successfully begins US West Coast physical operations2014-05-09

OW Bunker, one of the world¡¯s leading physical distributors and resellers of marine fuel, confirmed that its newly established physical distribution operation in Los Angeles and Long Beach, California, is now fully operational.

»PSA signs Mumbai terminal deal2014-05-09

In the single largest project awarded in the port sector, PSA Singapore has signed an agreement with Jawaharlal Nehru Port in Navi Mumbai to develop its fourth container terminal, entailing an investment of US$1.3 billion.

»CSCL, Cosco hit by operating losses in Q12014-05-09

China Shipping Container Lines (CSCL) and Cosco have both posted operating losses in the first quarter, but the disposal of assets resulted in CSCL turning a profit.

»Ivory Coast's San Pedro port seeks $1.65 billion for expansion2014-05-09

Ivory Coast¡¯s port of San Pedro is seeking 777 billion CFA francs ($1.65 billion) from private partners to fund upgrades that aim to make it one of West Africa¡¯s top shipping hubs, including for iron ore and nickel, the transport minister said.

»Finnlines invests in environmental technology2014-05-09

Finnlines Plc has today undersigned extensive contracts with two major suppliers for installation of exhaust gas scrubbers for the most of the Group¡¯s ships.

»Sinotruk Hiab (Shandong) Equipment Co., Ltd celebrates the official inauguration2014-05-09

Sinotruk Hiab (Shandong) Equipment Co., Ltd, which is a joint venture of Cargotec's business area Hiab and China National Heavy Duty Truck Group Co., Ltd, celebrates today the official inauguration in TaiAn Shandong province in China. Cargotec's ownership in the joint venture is 50 percent. The joint venture was established in November 2013.

»Sri Lanka seeks more shipping business with Bangladesh2014-05-08

A delegation made up of Sri Lanka Ports Authority Chairman Priyath Wickrama, Additional ports ministry secretary Anuradha Wijekoon and Chairman Ceylon Shipping Corporation Jayanath Colombage had visited Bangladesh.

»Huge container ship docks at Port of New Orleans2014-05-08

NEW ORLEANS ¡ª Mediterranean Shipping Company's MSC Judith became the longest container ship ever to dock at the Port of New Orleans when it arrived over the weekend.