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South Korean operators and ports execute COVID-19 contingency plans

South Korea has suddenly become the world’s second largest COVID-19 cluster, its liner operators and container port authorities have implemented contingency plans similar to...

New technologies activate trade digital revolution

Bolero is discussing the integration of two top-10 container shipping companies, but as negotiations with these lines are ongoing Bolero's head of customer engagement...

PIL continues ship sales with Wan Hai Neo-Panamax deal

Pacific International Lines (PIL) continues to sell container ships amid talk of financial pressures at the Singapore-based liner operator. On 2 March 2020, Taiwanese carrier...

Billions in Lost Trade: The True Cost of the Coronavirus

Just like plumbing, the flow of trade has a network of routes that resemble pipes to move commodities, tankers, cargo and containers around the...

Shipowners and class take regulatory lead on fighting fires

Last year was one of the toughest in container shipping’s history for cargo fires in terms of the number of incidents with insurers warning...

AI accelerates freight document processing

Expedock, a start-up software company, has introduced new freight document processing solution for freight forwarding companies. In particular, Expedock offers the possibility to freight...

PSA International braces for a tough year

Disruption is key element facing PSA International and the global economy over the next year, following what the company says was a challenging year...

CargoSmart companies sign collaborative platform shareholder’s deal

Nine of the 40 companies involved in the logistics platform CargoSmart, which was launched in 2000, have signed an agreement to develop a more...

Ningbo-Zhoushan Port raising US$1.6 billion for expansion

China’s Ningbo-Zhoushan Port plans to raise US$1.6 billion to expand six container terminals that will increase annual handling capacity by 5.6 million TEU to...

Transparency is key to safer seas

Passengers boarding flights at almost any airport in the world today will be faced with significant security measures, including x-rays of luggage, scrutiny of...

King Abdullah Port sees 2019 volumes wane

The volume of import containers handled by the Saudi Arabian King Abdullah Port in 2019 reached 203,670TEU compared to 190,005TEU in 2018, representing an...

Latest Posts

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...
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