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Hapag-Lloyd, DB Schenker join forces to decarbonise supply chains

Hapag-Lloyd and DB Schenker have entered into a decarbonisation partnership with the German logistics provider selecting Hapag-Lloyd's "Ship Green" sustainable transport solution. DB Schenker and...

DP World opens largest UK music and video distribution warehouse

DP World will open the United Kingdom's largest distribution warehouse for physical music and video in August. The facility is located in Bicester, Oxfordshire, and...

Net Feasa, Carrier Transicold pen global supply agreement

Net Feasa, a provider of IoT (Internet of Things) wireless solutions, has signed a global supply agreement with Carrier Transicold, a global provider of...

Wan Hai opens new office in India

Taiwanese ocean carrier Wan Hai Lines established a new office in Kolkata, India on 17 July. The company has now six offices in the country,...

MSC acquires Italian air cargo carrier

MSC has bought the majority stake in AlisCargo Airlines, a Milan-based air freight carrier, with both companies confirming that MSC is expected to acquire...

NYK’s revenue and profits plunge in 2023 second quarter

In the second quarter of 2023, NYK Line announced consolidated revenues of US$4 billion (Â¥567.5 billion), down US$74 million (Â¥105.5 billion) from the same...

CJ Logistics signs up ONE as strategic partner

CJ Logistics, South Korea’s largest third-party logistics provider, signed a collaboration agreement with Ocean Network Express (ONE) on 3 August, a month after sealing...

Maersk sees lower financial figures in second quarter

A.P. Moller – Maersk reports a second quarter of 2023 ahead of expectations with revenue standing at US$13 billion, compared to US$21.7 billion in...

WFW advises MPC Container Ships on US$200 million vessel sales and acquisitions

Watson Farley Williams (WFW) has advised Norway-based shipping company MPC Container Ships (MPCC) on strategic vessel acquisitions and sales worth around US$200 million. These transactions...

Sea-Intelligence analysis: Clear ramp-up in Transpacific blank sailings

Sea Intelligence said the main challenge with measuring the market’s supply/demand strength is that demand data is "notoriously lagged". Hence, in terms of the market...

HMM sale saga: SM Group buys more shares as takeover battle intensifies

As the contest to take over HMM intensifies, SM Group, parent of the South Korean flagship carrier’s compatriot peer SM Line, has bought more...

MSC joins LNG coalition

The largest container carrier in the world Mediterranean Shipping Company (MSC) decided to join SEA-LNG, a multi-sector industry coalition formed to show the benefits...

Latest Posts

Imabari Shipbuilding delivers new ship

On July 1st, Imabari Shipbuilding marked another step forward in sustainable shipping, delivering a new vessel named ANGELITE ACE. Built by Tadotsu Shipyard Co., Ltd.,...

Temporary truce in the trade war

Maritime transport accounts for over 90% of global trade. Shipping is closely tied to the global geopolitical situation, which is currently driven in large...

Deltamarin works with Maersk, class societies on ammonia-powered boxship design

Finnish ship designer Deltamarin, a subsidiary of Chinese shipbuilder AVIC Weihai, has designed a 3,500 TEU ammonia-powered ship. Deltamarin teamed with Maersk Line, Maersk Mc-Kinney Moller...

GEODIS appoints new Americas CEO

GEODIS, a global leader in transport and logistics, has announced the appointment of Laura Ritchey as its new President and CEO for the Americas...

Central Asia’s port ambitions: Can Eurasia become a global trade powerhouse?

As the world’s shipping lanes shift under the weight of war, climate shocks, and geopolitical rivalry, an unlikely player is racing to seize the...
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