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Friday, March 29, 2024

Seattle’s terminal launches auto and breakbulk cargo operations

The Panama-flagged vehicles carrier Triumph Ace arrived at Seattle's Terminal 46 on 27 March signifying the commencement of regular auto and breakbulk cargo services...

Asia box lines launch joint Southeast Asia – India service

Wan Hai Lines, Korea Marine Transport Co. and Interasia Lines will launch a new Southeast Asia - India Service VIII on 26 April. The service...

Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...

LATEST NEWS

New quay cranes to enhance DP World Antwerp Gateway

DP World Antwerp Gateway has received three new quay cranes, aiming to expand and modernise the Beglian terminal. The cranes, which can handle up to...

ONE revises Africa service network

Ocean Network Express (ONE) has decided to integrate its Africa Rainbow Express (ARE) service into its Africa Rainbow Shuttle (ARS) service. The Singapore-headquartered box line...

European box lines increase reefer capacity, MSC secures top spot

Alphaliner's latest report said that European container carriers can use more of their overall capacity to carry reefers. MSC has the highest reefer capacity, with...

HMM cuts carbon emissions by half in last decade

HMM reduced the CO2 emissions generated when transporting 1 TEU of container for 1km to 29.05g in 2021, from 68.7g in 2010, representing a...

MSC and Costamare to jointly fund California oil spill settlement

The largest container carrier in the world MSC has entered into a settlement agreement with the subrogated insurers of Amplify Energy Corp related to...

CMA CGM enhances inland coverage of Nigeria

CMA CGM has announced the launch of the new product Land Transport through the port of Lekki in Nigeria, a newly inaugurated call on its...

Vopak acquires 50% stake in EemsEnergyTerminal

Gasunie and Vopak entered into a principle agreement according to which Vopak will acquire 50% of the shares in EemsEnergyTerminal, an LNG import terminal...

Port of Rotterdam reports emission decline in 2022

CO2 emissions from industry and power plants at the port of Rotterdam have been cut by 1 million tonnes (4.2%) in 2022 compared to...

Veson Nautical to acquire VesselsValue

Veson Nautical, a marine freight management solutions provider, announced its intention to acquire the UK online pricing platform VesselsValue. The amount of the possible transaction...

ILWU action shuts down US West Coast giant container ports

International Longshore and Warehouse Union (ILWU), a labor union which primarily represents dock workers on the West Coast of the United States, Hawaii, and...

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Real estate investments are a lucrative endeavor for businesses and entrepreneurs. However, securing the right financing is crucial to the success of any property...