Commencing in fiscal year 2024, NYK is set to initiate extensive trials for the prolonged use of biofuels, recognized for their potential net-zero CO2...

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Shippers accuse carriers of price gouging

Container News Team - December 29, 2023 0

Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are...

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JERA and PT Pertamina seal Memorandum of Understanding

Ioanna Kontos - December 28, 2023 0

JERA, one of the largest power companies in the world and PT Pertamina (Persero), Indonesia's largest state-owned oil and natural gas company, announced the...

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Mawani, MEDLOG start construction works on US$40 million logistics park in Saudi Arabia

Ioanna Kontos - December 28, 2023 0

Saudi Ports Authority (Mawani) and MEDLOG, MSC's logistics arm, commenced works on the 100,000 m² integrated Logistics Park at King Abdulaziz Port in Dammam,...

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CMA CGM close to top spot in intra-Mediterranean

Container News Team - December 28, 2023 0

CMA CGM is about to surpass Mediterranean Shipping Company as the largest intra-Mediterranean operator, according to Alphaliner. The French carrier has increased the number of...

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AD Ports Group and RSPA ink deal for Safaga port development

Ioanna Kontos - December 27, 2023 0

AD Ports Group, a key player in global trade, logistics, and industry facilitation, announced the signing of a definitive concession agreement with the Red...

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Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical

Ioanna Kontos - December 27, 2023 0

A.P. Moller-Maersk has officially signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). This collaborative effort is centered...

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Mawani secures four contracts for marine services in eight ports

Ioanna Kontos - December 27, 2023 0

Saudi Ports Authority (Mawani) signed four contracts at King Abdulaziz Port in Dammam, totaling investments exceeding US$270 million. Collaborating with "Zamil Marine Services" and "Naghi...

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MSC boxship attacked in Red Sea

Antonis Karamalegkos - December 27, 2023 0

MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a...

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Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

Container News Team - December 27, 2023 0

The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125...

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ExxonMobil partners with FuelCell Energy for CO2 capture pilot plant

Ioanna Kontos - December 27, 2023 0

ExxonMobil is set to construct a pilot plant at the Botlek site in Rotterdam, employing cutting-edge carbonate fuel cell technology. These advanced fuel cells not...

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Carriers still sending ships via Suez

Container News Team - December 22, 2023 0

Vessel tracking shows over 80 container ships still transiting the Red Sea and Suez Canal even after the raised threat from the Houthi Movement,...

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