TMEIC Corporation has reached an agreement with Shanghai-based Zhenhua Heavy Industries Company LTD., (ZPMC) to supply electrical control and automation systems for 20 ASC stacking cranes during the first phase of development at the newly automated Qingdao Qianwan Container Terminal in Qingdao, Shandong Province, China.

The implementation of International Maritime Organization requirements to verify weights of shipping containers is generating uncertainty at US ports, Fitch Ratings says.

ICHCA International, the global cargo handling NGO association, has confirmed that Olaf Merk, Administrator Ports and Shipping at the OECD's International Transport Forum (ITF) and Capt. Sandeep Mehta, President, Adani Ports & SEZ, will speak on the first day of the ICHCA International 2016 Conference on "Bigger Ships,
Greater Challenges", running from 29 Feb – 2 Mar at the World Trade Centre, Barcelona, Spain.

Liebherr Maritime Cranes has delivered a LRS 545, the first model out of the new reachstacker series, to the Italian Port of Ravenna.

APM Terminals increased invested capital to USD6.2 billion in 2015 as ongoing strategic plans to drive portfolio growth, improve productivity and safety performance, generated USD4.2 billion in revenue, and a profit for the year of USD654 million.

After a successful completion of commissioning and performance testing Italy-based Bedeschi has handed over a newly installed urea handling shiploader to Germany-based Yara on 15th December 2015.

Maersk Line's 2015 result totalled USD 1.3 billion which is 44% lower than 2014 (USD 2.3bn) due to weak demand and very low freight rates. Revenue was USD 23.7 billion which is 13.2% lower than in 2014 (USD 27.4bn).

The year 2015 was a milestone for Cargotec with regard to their set targets. "Kalmar and Hiab reached the profitability improvement measures initiated two years ago ahead of time by the end of the second quarter," said Cargotec's President and CEO Mika Vehviläinen.

The Port of Houston Authority hit a major milestone in December as its container terminals surpassed handling 2 million twenty-foot equivalent units (TEU) in 2015 - the highest yearly volume in Port Authority history.

The Port of Long Beach kicked off the New Year by logging its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments over the same month last year.