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Profits increased compared to the same 2014 period despite lower revenues and volumes due to the ocean carrier leaving certain trades and weak demand on Asia-Mediterranean routes.
CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total rotation time on its Asia-North Europe AEX7/AEC8 and Asia-Mediterranean MEX loops, according to BlueWater Reporting.
Ocean carrier MSC said it will divert cargo destined for Hodeidah to the Port of Aden after airstrikes by the Saudi-led coalition caused major damage to port infrastructure.
Tideworks Technology has developed a mobile version of its customer service web portal for the Massachusetts Port Authority called Forecast Mobile Lite.
Ocean carrier CMA CGM will team up with Bolloré African Logistics and China Harbour Engineering Company to build and operate a 1.4 million-TEU container terminal in Kribi.
The Norther California port warned, however, that vessel backlogs could reoccur if more longshore labor is not added.