The Port Authority of New York and New Jersey has been selected to receive US$347m in federal funding from the Biden-Harris administration to bolster the port’s sustainability and community outreach efforts. It represents the largest sustainability award the port authority...
AP Moller-Maersk (Maersk) has recorded growth across all segments of its business in the third quarter of this year and has increased its full-year underlying EBIT to between US$5.2-5.7bn, which was previously US$3-5bn. Combined with strong container market demand and...
The Port of Montreal Longshoremen’s Union (CUPE Local 375) have begun an unlimited strike starting October 31, which will affect the two container terminals operated by Termont – the Viau and Maisonnueve terminals. Access to the terminal will be prohibited,...
Lloyd’s Register (LR) and Hyundai Heavy Industries (HHI) have signed a joint development project (JDP) for approval in principle (AiP) for an ammonia-powered dual-fuel container ship with 15,300 teu capacity. HHI has developed a twin skeg design for an ultra...
The launch of double-stacked rail operations to and from the Helen Delich Bentley Port of Baltimore marks a significant milestone to making Maryland more competitive, opening new opportunities for intermodal rail services. Part of the Howard Street Tunnel Project, the...
CMA CGM has signed a 25-year joint venture agreement with Marsa Maroc to equip and operate half of the Nador West Med container terminal. The joint venture, in which CMA CGM will hold 49% and Marsa Maroc with 51%, will...
The Port of Los Angeles (Port of LA) has been awarded a US$412m grant from the U.S. Environmental Protection Agency’s (EPA) Clean Ports Program to support the zero-emission (ZE) transition at the gateway port. Port of LA and its private...
Port Houston has surpassed 3m teu faster than ever as the port recorded just over 3.1m teu handled as of September, up 10% compared to the same period last year. Loaded imports were up 4% for the month of September...
Ocean Network Express (ONE) has added the Jacksonville Port Authority (Jaxport) to its East Coast 2 (EC2) service from February 2025 that will directly connect the port with five ports in Asia. The service, which will utilise a fleet of...
The US Department of Justice (DOJ) has announced that Grace Ocean and Synergy Marine, the owner and operator of the MV Dali, have agreed to pay almost $102m to resolve a civil claim brought by the US for costs borne...
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