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Sea-Intelligence sees 2023 profitability close to pre-pandemic levels

In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish...

OOCL experiences financial downturn despite modest box volume growth

Orient Overseas International Limited (OOIL), the owner of Hong Kong-based ocean carrier Orient Overseas Container Line (OOCL), announced its financial and operating results for...

Portchain hits milestone: 100 Terminals join its network

Portchain, a major provider of berth alignment and planning software for container terminals and carriers, has achieved a significant milestone by including the 100th...

Leschaco Group’s COO retires this month

Last year, global logistics service provider Leschaco Group announced the retirement of Oliver Oestreich, who served as chief operating officer and was a valued...

Transport sector to make up half of Europe’s emissions in 2030

According to a recent analysis by Transport & Environment (T&E), transportation alone is projected to account for nearly half of Europe's greenhouse gas (GHG)...

Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Pharmatrade unveils state-of-the-art logistics center in KEZAD

The opening of Pharmatrade's Abu Dhabi Logistics Centre, in collaboration with Khalifa Economic Zones Abu Dhabi (KEZAD) Group, marks a significant milestone in expanding...

Associated British Ports and MPA Singapore explore green transport collaboration opportunities

Associated British Ports (ABP) hosted a delegation from the Maritime and Port Authority of Singapore (MPA) at the Port of Southampton, led by MPA...

Yang Ming vessel knocks over three cranes after hitting Turkish wharf

A ship operated by Yang Ming Marine Transport slammed into a wharf in Turkey’s Evyapport on 16 March, while attempting to dock. The 2015-built 14,000...

Evergreen ship held up in Qingdao after collision

One of Evergreen Marine Corporation’s ships has been held in China’s Qingdao port for investigations after colliding with another vessel. The 2014-built 8,508 TEU Ever...

COSCO to serve Port of La Spezia via 20,000 TEU vessels

COSCO Shipping is scheduling regular visits to the Port of La Spezia with 20,000 TEU vessels. The imminent arrival of the COSCO Shipping Aries...

Peel Ports Group and E.ON commence UK’s largest solar project

Peel Ports Group, the UK’s second-largest port operator, has partnered with E.ON to achieve its goal of achieving net-zero emissions by 2040. The initiative begins...

Latest Posts

Hellmann Worldwide Logistics doubles Melbourne footprint

Hellmann Worldwide Logistics has opened a cutting-edge contract-logistics centre in Truganina, doubling its warehousing capacity in the Melbourne metropolitan area. The 19,000-square-metre multi-user facility, equipped...

ANL announces peak season surcharge for Asia, Indian Sub-Continent & Middle East to Australia

ANL has announced the implementation of a peak season surcharge for all shipments from North and South East Asia, the Indian Sub-continent, and the...

Port of Los Angeles to host 2028 Olympic events 

The Olympic and Paralympic Games 2028 (LA28) announced that Port of Los Angeles will be one of two venues to host 2028 Olympic sailing...

“K” LINE begins use of bio-LNG fuel

Kawasaki Kisen Kaisha has marked a significant milestone in its decarbonization strategy with the first use of bio-LNG fuel on board its car carrier...

Ocean Network Express to launch new office in Greece

Ocean Network Express has announced the opening of a new branch in Greece, Ocean Network Express Limited, Greece Foreign Branch, set to commence operations...
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