Recently the Panama Canal welcomed the largest capacity vessel to-date to transit the Expanded Locks—Hapag-Lloyd’s Valparaiso Express. The 10,589 TEU Neo-panamax containership was specifically built to take advantage of the greater capacity offered by the Expanded Panama Canal.
This passage ushers in a new era of mega-ships that have been able to transit the expanded Canal since its inauguration on June 26 of this year. The new locks, which are 70 feet wider and 18 […]
The president of the Panama Chamber of Shipping, Rommel Troetsch, estimated that the cargo movement of the national port system will close in 2016 with a drop of 10%. And, according to his forecasts for 2017, he does not expect any improvement.
“No growth is expected for 2017 compared to current movement of cargo, although we must wait until April to observe the cargo movement when the shipping transport contracts between major exporters and shipping […]
Maersk Line, the world’s largest shipping company, will buy its smaller rival Hamburg Süd, which has a strong presence in Latin America, as part of its plans to strengthen its global operations.
The agreement, announced by the A.P. Moller-Maersk, is the group’s first total acquisition in more than a decade and highlights a consolidation drive in container shipping, which has faced low prices for freight and oversupply
Hamburg Süd, the seventh largest container shipping line […]
Cross-docking by companies in certain dispatch centers could be an alternative to the problems arising from the restriction on circulation of cargo transport at certain times which was recently imposed by the Guatemala Municipality, according to the “Prensa Libre”.
Jorge Nadalini, an expert in logistics and transport, said that a direct impact will be the reduction of delivery availability, reception, distribution, warehousing and dispatch times, which will represent additional costs which many companies do not […]
“The container shipping industry is approaching a better period, as a number of factors which help to balance supply and demand are beginning to take hold. Although we cannot say that the future is bright, we can say there is light at the end of the tunnel,” said Rolf Habben Jansen, CEO of Hapag-Lloyd, after the publication of the company’s profits for the first half of 2016, reported an article by “Xeneta”.
In fact, the […]
CMA CGM, COSCO Container Lines, Evergreen Line y Orient Overseas Container Line announced the implementation of what will become the biggest shipping alliance in the world, Ocean Alliance.
The four partners will share their capacity in several routes in order to offer a better service to their customers. Together, the associated shipping companies will operate 40 services on the East-West routes with about 100 ports of call and almost 500 interconnected ports, supported by a […]