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ZIM’s profit exceeds US$3 billion in first half of the year

Israeli container carrier ZIM has announced total revenues of US$7.15 billion for the first half of 2022, increased by approximately US$3 billion from revenues...

Fleet gaps between largest and smallest liner operators at all-time high

The disparity in the fleet sizes of the 10 largest container carriers and their smaller rivals is now at an all-time high, according to...

Adani expands Indian inland logistics footprint via ICD acquisition

The Adani Group, India's largest port developer and logistics solutions provider, is on an investment spree. Continuing its network expansion push, the group, through its...

Maersk to equip its entire fleet with firefighting system

A.P. Moller – Maersk has decided to equip its entire fleet with HydroPen™ firefighting system, following supply agreement with VIKING Life-Saving Equipment. The Danish container...

Reefer container freight rates to outpace dry box pricing

Reefer container freight rates across global trades rose over 50% in the year to the second quarter of 2022, matching gains made in dry...

Government planning to divest HMM shares in phases

The South Korean government is now inclined to find a buyer for its substantial shareholding in flagship liner operator HMM, after earlier asserting that...

ONE connects to CargoWise to enable automatic digital rate transfer

Singaporean container line Ocean Network Express (ONE) has gone live with automated digital transfer of contract rates and global tariffs capable of feeding WiseTech...

Kalmar secures new order for straddle carriers from Tropical Shipping

Kalmar has inked an agreement to provide international cargo and logistics operator Tropical Shipping with three Kalmar diesel-electric straddle carriers. The order was booked in...

Terberg Tractors Malaysia and Aidrivers collaborate on live port operations

Terberg Tractors Malaysia (TTM) and Aidrivers work together since 2019 with a shared vision to make autonomous transportation accessible. Through this collaboration, a Terberg YT223-T3...

PSA Singapore withdraws restriction on hydrogen peroxide transportation

PSA Singapore has withdrawn a ban on carrying hydrogen peroxide through the port from Bangladesh and other countries. The ban was imposed on 9 June,...

Maersk signs multi-year logistics deal with Singaporean furniture retailer

Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. Through the partnership, Castlery...

Maersk ship resumes service after collision

A container ship chartered by Maersk Line has resumed its voyage after colliding with a general cargo ship. In the early-morning accident on 7 August,...

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CMA CGM enhances ISX service

CMA CGM’s Short Sea Lines Division has announced an upgrade to its IRISH SEA EXPRESS (ISX) service with the addition of a Zeebrugge call,...

Roberts Bank Terminal 2 procurement process begins

The Vancouver Fraser Port Authority has officially launched the procurement process for the Roberts Bank Terminal 2 Project, issuing a request for qualifications to...

Hapag-Lloyd is pushing the growth of its Indian terminal joint venture with Mumbai-based J M Baxi Group

The German group owns 40% of J M Baxi Ports & Logistics, which operates a clutch of marine terminals across ports in India. Hapag-Lloyd has...

Ukraine’s ports reposition amid war

As war continues to reshape Ukraine’s geography, it is also redrawing its maritime map. Once centralized around a handful of traditional ports, the country’s...

AD Ports Group signs MoU with Critical Minerals Forum

AD Ports Group has signed a Memorandum of Understanding (MoU) with the Critical Minerals Forum (CMF) to build strategic cooperation focused on enhancing the...
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