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MSC’s MEDLOG acquires UK’s major logistics provider

MSC-owned logistics and supply chain provider MEDLOG has completed the acquisition of Maritime Group Limited (Maritime), a logistics operator in the United Kingdom. The acquisition...

Middle East trade surges, leading box lines to launch new services

With Far East-Middle East container volumes seeing double-digit growth year-on-year, several liner operators have added more services to this lane. Japan's joint venture Ocean Network...

CMA CGM introduces peak season surcharges worldwide

French shipping group CMA CGM has announced new peak season surcharges worldwide, which will take effect during the next weeks. First of all, a peak...

DP World enters retail and fashion logistics with Cargo Services takeover

DP World has completed its acquisition of Cargo Services Far East, a global supply chain provider based in Hong Kong. Cargo Services is a leader...

CMA CGM-operated ship targeted by Houthis for second time

UK Maritime Trade Operations (UKMTO) said in an incident report that on 30 August, around 17:00 UTC, two missiles exploded near the 2002-built 2,500...

MSC buys all four of Safetrans’ ships

Safetrans Line, the China-based Russia-focused liner operator, has cashed out on all four container ships. The Panamax vessels, SFT Egypt, SFT China, SFT Saudi and SFT...

CN analysis: Container freight rates out of India begin to trend down after strong gains in July

Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis...

ZIM’s mean ship size moves up with more larger vessels deployed

ZIM Line has caught up with its larger peers in terms of average ship size, according to Alphaliner’s report today (28 August). The Israeli carrier has...

Canada rail strike averted, but ILA action looms

The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday’s...

APMT Mumbai inks MoU with Jawaharlal Nehru Port Authority

In a significant step towards advancing Shore Power Supply (SPS) in the region, Gateway Terminals India (GTI), also known as APM Terminals Mumbai, has...

Rates are on 12-month slippery slope, says Linerlytica

Freight rates will fall by 70% in the coming year according to Linerlytica, but Xeneta claim that for such a decrease to occur it would...

Yang Ming buys more chartered ships

Taiwanese liner operator Yang Ming Marine Transport continues to expand its owned fleet by prematurely ending the charters of two 12,000 TEU ships. The company...

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Top 10 Container Ports in Europe: Piraeus position at risk

PortEconomics member Theo Notteboom compiled a table showing the year-on-year TEU growth in the top 15 container ports in the European Union during the...

Port of Oakland invites development proposals for Howard Property

The Port of Oakland has issued a Request for Qualifications (RFQ) to find a developer for its 200,000 m² Howard Property, situated along the...

Inchcape Shipping Services opens new office in Chile

Inchcape Shipping Services, a global provider of port agency and maritime services, announced the opening of its newest office at the strategically important Port...

Copenhagen Malmö Port achieves full transition to fossil-free fuel at container terminal

Fuel consumption for container handling at Copenhagen Malmö Port (CMP) - one of Scandinavia’s largest port operators - is now entirely fossil-free, following the...

Folk Maritime launches new India – Saudi Arabia service

Folk Maritime Services Company has announced the launch of a new shipping route connecting Saudi Arabia’s Jeddah Islamic Port with India’s major commercial ports,...