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Lack of newbuildings costs OCEAN Alliance’s Asia-Europe frequency

Since the members of OCEAN Alliance (CMA CGM, COSCO Shipping Lines and Evergreen Marine Corporation) did not have many newbuildings join their fleets, nor reassign...

Maersk completes largest infrastructure investment in New Zealand with new cold chain facility

A.P. Moller-Maersk marked the inauguration of its cutting-edge integrated cold chain facility at the Ruakura Superhub, reaffirming Hamilton's pivotal role as a central hub...

HMM earns ‘A-‘ environmental rating from CDP

HMM has been honoured for its commitment to sustainability and transparency in addressing climate change by the global environmental organization CDP, achieving an ‘A-’...

PSA partners with HERE Technologies to enhance truck operations in Singapore

HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world's largest...

Transpacific container trade bounces back in the beginning of 2024

Transpacific eastbound box volumes have rebounded by 16.9% in January 2024 and full-year volumes are expected to record positive growth again after falling by...

HHLA faces financial and operational challenges with declines in key performance metrics

German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded a drop in its revenue of 8.3% to €1.447 billion in 2023. Additionally,...

METRANS Group acquires 100% stake in Adria Rail

METRANS has acquired a 100% stake in Adria Rail, less than a year after it took over 51% of the company. Adria Rail is a...

Wärtsilä and Siem Offshore partner on fleet decarbonisation solutions

Siem Offshore is collaborating with technology firm Wärtsilä to diminish the carbon footprint of its fleet of 26 vessels. The company aims to cut CO2...

Hellmann joins forces with Hamburg’s digital hub as corporate partner

Hellmann Worldwide Logistics, a global family-owned company, has been actively collaborating with various start-ups for years to drive the digital transformation of the industry. Since...

European vessel owners launch defensive maritime security operation in the Red Sea

In response to increasing threats targeting commercial shipping, the European Union (EU) Council officially initiated the EU's defensive maritime security operation in the Red...

KEZAD Group and APT sign lease agreement for automotive aluminium plant

KEZAD Group signed a lease agreement with Al Ghurair Group subsidiary Automotive Precision Technology (APT) to establish an automotive aluminium component manufacturing facility. Spanning 30,000...

WeFreight appoints new global head of finance

WeFreight, a fast-growing freight forwarder with a digital focus on serving customers both large and small with a full range of products and services,...

Latest Posts

Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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