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News Desk

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Crowley adds weekly express LCL service from Houston to Puerto Rico [02/Feb/2012]

Crowley Maritime Corp. to launch a new weekly express less-than-container load (LCL) service from Houston to Puerto Rico.  Read Full Article...

Old Dominion adds 10 Asian ports to Pacific Promise Service [02/Feb/2012]

Old Dominion Freight Line, Inc. expandes its Pacific Promise less-than-container load (LCL) service to 10 additional ports in eight countries on the continent.  Read Full Article...

European Transport Deal of the Year Goes to DP World London Gateway [01/Feb/2012]

DP World London Gateway has won European Transport Deal of the Year at Project Finance International's annual awards ceremony in London. Read Full Article...

CMA CGM announces a new agreement with CSCL and UASC [01/Feb/2012]

As part of its agreement with CSCL and UASC, CMA CGM announced the reorganisation of its CIMEX 1 service on the Asia-Middle East market beginning February 2nd 2012. Read Full Article...

Stolt-Nielsen reports slight increase in profits for 2011 [27/Jan/2012]

Stolt-Nielsen has announced its results for 2011 including a net profit of $108.2m, compared to £106.1m in 2010. CEO Niels G. Stolt-Nielsen believes 2012 will be a "challenging" year. Read Full Article...

CSAV receives US$659m in the first pre-emptive option period of its capital increase [26/Jan/2012]

CSAV achieved the largest capital raising operation in its history (US$659m) within the first pre-emptive option period of the capital increase of US$1,200m being carried out by the company. Read Full Article...

Philadelphia Port signs Memorandum of Understanding with Port of Klaipeda [26/Jan/2012]

Philadelphia Regional Port Authority and The Republic of Lithuania Port of Klaipeda have signed a Memorandum of Understanding, to bring European and Asian trade from the ice-free port of Klaipeda to Philadelphia. Read Full Article...

Maersk Line to join Port of Gothenburg’s fuel switch programme [23/Jan/2012]

Maersk Line has become the first container carrier to join the Port of Gothenburg's fuel switch programme aimed at reducing sulphur emissions by 90%. Read Full Article...

OOCL signs $4.6bn terminal lease at the Port of Long Beach [23/Jan/2012]

The Port of Long Beach has reached an agreement on a 40-year, $4.6bn lease with Orient Overseas Container Line (OOCL) for its Middle Harbor property. Read Full Article...

New World Alliance to launch new Trans-Atlantic service [20/Jan/2012]

The New World Alliance has announced the launch of a new Trans-Atlantic service connecting Europe with the US East Coast and Panama. Read Full Article...

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