Iran enters the Mega Ship Age
Established in 1967 The Islamic Republic of Iran Shipping Line commenced operations with 2 coastal traders and 4 ocean going vessels.
Passage to the East
In 2012 with all good intentions, Chinese billionaire Wang Jing formed the Hong Kong Nicaragua Development Group (HKND). His vision: to create a new route to the Caribbean.
Trump presidency viewed as plus as ports seek infrastructure gains
Having Donald Trump in the White House is apt to help advance infrastructure improvements at ports and throughout the U.S. supply chain, the head of the AAPA (American Association of Port Authorities) said today.
Triple Indemnity Sought Under The Shipping Act
In September of 2012 the Department of Justice found evidence among eleven Roll-On/Roll-Off carriers of misconduct under maritime regulations. The FMC (Federal Maritime Commission) allows carriers to jointly set pricing and make adjustments to combined capacity, if these events are filed in advance. Un-documented action is subject to fines and compensation to injured parties up to twice the value of assessable damage.
Joint venture of DP World and Quebec pension fund to invest in ports
Canada’s second largest pension fund and DP World have announced a C$5 billion (US$3.8 billion) joint venture that will invest in ports and terminals around the world, including Asia and Latin America.
Ballast Water - does it have the power to scrap ships?
What has one to do with the other you might ask? First we need to address what ballast water is and how it affects our oceans.
Looking at AAPA’s Infrastructure Wish List
The American Association of Port Authorities (AAPA) last week released a statement echoing President-Elect Trump’s pledge to “Make America Great Again.” In a letter to the transition team, the association outlined several areas for investing the $1trillion pledged by the GOP for rebuilding America.
Carrier Conundrums: HMM, the 2M Alliance and Korea Line
The 2M Alliance, composed of the two largest containership operators, Maersk and MSC (Mediterranean Shipping Corporation) reportedly announced today it will not admit Hyundai Merchant Marine (HMM) as a full partner in the agreement but will explore other options such as slot exchange or purchase agreement.
Port of L.A. Announces Best Month Ever
October volume figures were applauded by port executives, who said the Port of Los Angeles notched the best month ever for a Western Hemisphere container port!
New Montreal box terminal strongly spikes capacity
A new terminal in the Viau sector of the Port of Montreal inaugurated today, Friday Nov 18, boosts the port’s handling capacity by 350,000 TEUs as Canada’s second largest port after Vancouver positions itself for increased global trade with North Atlantic shipping a key target.

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