Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

30-year container handling deal signed to access freight from Panama Canal

The world’s third largest box carrier, French group CMA CGM has signed an agreement with the Port Authority of Jamaica granting the CMA CGM Group the concession of Kingston Container Terminal for 30 years. The terminal, consisting of a total 2,400 metres of wharf, an 80 hectare surface area and with up to 15.5 metres […]

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Hapag-Lloyd, CSAV merger wins conditional EU approval

Hapag-Lloyd and Compañía Sud Americana de Vapores (CSAV) secured conditional European Union approval on Thursday for their tie-up to create the world’s fourth-largest container shipping company.

The merger is important for the shipping industry which hopes more deals could help it to overcome the worst slump on record. And if regulators take a soft line […]

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DP World Invests in London Gateway

DP World London Gateway has a weekly call by the Southern Africa Europe Container service operated by MOL, Maersk, Safmarine and DAL.

Starting in May, Hamburg-Sud and Hapag-Lloyd will operate the South America East Coast service, a South America West Coast, Caribbean, Australia and New Zealand service and a North America West Coast, India, Pakistan […]

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Norwegian makes room for its newest ships

Norwegian Cruise Line has shuffled around its ships for the 2014-2015 fall and winter seasons to make room for its two newbuilds, currently under construction.

Norwegian will have eight ships sailing to the Caribbean and Bahamas out of five homeports in 2014: Miami, New York, Tampa, Houston and New Orleans.

Norwegian also said it […]

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New 'Panama Canal' project sparking war between Colombia and Nicaragua

November 2012 map showing maritime borders in dispute between Colombia and Nicaragua. Colombia has vehemently rejected a recent UN ruling that expanded Nicaragua’s boundary, and Colombian warships are reportedly sailing defiantly through Nicaragua’s newly acquired maritime territory.

Nicaragua, the second poorest nation in the Western Hemisphere, has just inked a deal with a Chinese […]

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Investors Favor Ports in Africa, Latin America and India

Private investors, returning to the global port industry following the credit crunch, are targeting projects in Africa, India and Latin America, as investment in Chinese ports becomes trickier, according to a report.

“Investors with an appetite for risk are likely to be rewarded with greater returns from emerging markets,” The Global Investment in Ports and […]

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