Kuenz and ABB to Deliver Nine Stacking Cranes for TraPac Los Angeles
Künz GmbH and ABB have secured an order to deliver nine rail-mounted stacking cranes for the terminal expansion of TraPac LLC in Los Angeles, California. This project aims to increase yard capacity and support the long-term development of container handling operations on the U.S. West Coast. The investment ensures that the terminal infrastructure can meet […]
Port of Thessaloniki Reports Record Revenue and Profitability for 2025
Port of Thessaloniki (ThPA S.A.) achieved a new historic high in financial performance for the fiscal year 2025, driven by dynamic business operations and significant growth in the Container Terminal. Group revenues reached €107.4m, a 6.7% increase from €100.7m in 2024. This growth was primarily supported by an 11.3% rise in Container Terminal revenue, while […]
Suez Canal Authority and ICS Sign Long-term Cooperation MoU
Admiral Osama Rabiee, Chairman of the Suez Canal Authority (SCA), met with Thomas Kazakos, Secretary General of the International Chamber of Shipping (ICS) to sign a Memorandum of Understanding (MoU) aimed at sustaining long-term strategic cooperation. The agreement focuses on enhancing communication, exchanging maritime expertise, and marketing the canal’s logistical services to global clients. This […]
Eli Glickman to Step Down as ZIM President and CEO
ZIM Integrated Shipping Services Ltd. announced that Mr. Eli Glickman has informed the Board of Directors of his decision to step down as President and CEO. Mr. Glickman will continue to serve in his current role during a six-month notice period to ensure continuity and an orderly transition until a successor is appointed. The Board […]