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India plans to use Chabahar, Qingdao, Georgia ports to ship cargo to CIS countries

India is searching for alternative routes, bypassing the war blocked Black Sea route, to send its annual US$4.5 billion-worth exports to the Commonwealth of...

Teamsters Canada and Canadian Pacific blame one another for work stoppage at CP Rail

Teamsters Canada Rail Conference (TCRC) has announced that there is a "lockout" at Canadian Pacific Railway on 19 March after negotiations between TCRC Negotiating...

Liner operators set to re-open Shenzhen offices as lockdown lifted

Shipping companies are expected to gradually re-open their Shenzhen offices after the week-long lockdown of the southern Chinese city was lifted today (21 March). Shenzhen’s...

From ships to boxes, India focuses on manufacturing

Following the Indian government’s initiative of ‘Atmanirbhar (self-reliant) Bharat’, Kolkata-based engineering firm Braithwaite & Co. Ltd (BCL) has earmarked US$6.5 million as capital expenditure...

Nautilus raises US$34 million to decarbonise shipping

The maritime technology company Nautilus has raised US$34 million in Series B funding to decarbonise shipping and to optimise voyage economics of the supply...

Port of Long Beach appoints new manager of engineering division

The Long Beach Board of harbour commissioners has approved the appointment of Tasha Higgins to lead the program management division at the Californian port...

Maersk inaugurates its first integrated logistics hub in UAE

Maersk Kanoo United Arab Emirates (UAE) inaugurated on 16 March its first integrated logistics centre at DP World’s trade and logistics hub Jabel Ali...

CMA CGM and Plastic Flamingo launch new recycling line in Philippines

The plastic recycling company Plastic Flamingo (PLAF), in partnership with the CMA CGM Group, has launched a new recycling line at the PLAF upcycling...

PSA reports revenue of US$4.7 billion for 2021

The world's largest port operator PSA International has achieved a revenue of approximately US$4.7 billion in 2021, representing a rise of 11.7% over 2020,...

HMM dangles dividends for first time since 2011

After achieving a second consecutive record high profit in 2021, HMM is offering dividends for the first time in 11 years. The dividends, totalling US$240...

ONE adds 6,500 reefer containers to its fleet

Singapore-based Ocean Network Express (ONE) will expand its refrigerated container fleet with 6,500 new reefers, including 500 units equipped with advanced Controlled Atmosphere (CA)...

Maersk rebrands e-commerce business unit

Maersk-owned Visible Supply Chain Management (SCM) and its subsidiary brands, PC Synergy and TriCon, will be rebranded to Maersk E-Commerce Logistics tomorrow on 18...

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Lloyd’s Register appoints new strategic business partner for Hong Kong

Lloyd’s Register (LR) has appointed Edward Koo as its new Strategic Business Partner and Senior Responsible Person (Vice President) for Hong Kong. In his...

COSCO SHIPPING launches new LNG RoRo vessel

COSCO SHIPPING’s latest addition to the global RoRo fleet, CHENG KANG KOU, has officially been named in Xiamen. The cutting-edge LNG dual-fuel car carrier...

SAAM Towage completes historic transcontinental tow

SAAM Towage has completed one of the most complex operations in its history: a transcontinental tandem tow of two platform supply vessels (PSVs) from...

Brookfield to sell stake in PD Ports to Pontegadea

PD Ports has announced that Pontegadea Inversiones has agreed to acquire a 49% equity stake in the company from Brookfield Asset Management, subject to...

COSCO SHIPPING Panama joins methanol dual-fuel fleet

COSCO SHIPPING has officially welcomed the COSCO SHIPPING Panama, the second vessel in its fleet powered by methanol dual-fuel technology. The naming ceremony took place...
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