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Bangladesh forms taskforce to settle export backlog

The government of Bangladesh has formed a taskforce to take measures to immediately resolve the problems presently the shippers are facing in shipments of...

DP World to buy Imperial Logistics for US$890 million

The UAE-based global port operator, DP World has made an offer to the African-focused logistics solutions provider, Imperial Logistics, to acquire all outstanding shares...

Hapag-Lloyd finalises NileDutch acquisition

The German box carrier Hapag-Lloyd has successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V., with the commercial integration...

Update: MOL Charisma to call the closest port for inspection

In accordance with interim approval by the ship classification society, Class NK, to sail to the nearest port, MOL Charisma, which ran aground shortly...

MOL Charisma refloated after grounding between Vietnam and Singapore

The 8,110TEU container ship, MOL Charisma ran aground sailing from the Cai Mep Port in Vung Tau, Vietnam to the Port of Singapore on...

Container explosion rocks Jebel Ali Port

A fire broke out in a container within a boxship anchored in DP World's Jebel Ali Port in Dubai yesterday, on 7 July, according...

Price-fixing penalty: Korea Shipping Association warns of “second Hanjin”

Korea Shipping Association, which represents South Korean ship owners plying coastal and short-sea routes, has joined the Korea Shipowners' Association (KSA) in protesting the...

US$300 million drug bust at Mumbai Port

Last week, India's Directorate of Revenue Intelligence (DRI) officials along with the Nhava Sheva Customs department seized a massive 293-kilogram heroin drug consignment from...

OOCL sees its Q2 revenues to skyrocket by 119%

The Hong Kong-based container carrier Orient Overseas Container Line (OOCL) has announced an astonishing increase of 119% in its total revenues and an important...

Ever Given is sailing to Rotterdam

Ever Given, which blocked the Suez Canal in late March, has begun its journey from the Suez Canal to the Port of Rotterdam after...

Carriers to achieve US$100 billion annual profits for the first time in history

Box shipping lines' yearly profits are expected to approach US$100 billion in 2021 for the first time in the history of container shipping, according...

Container ship suffers suspected missile attack in Indian Ocean

The 8,600TEU container ship, CSAV Tyndall has suffered a possible missile attack when it was sailing in the Indian Ocean from the Port of...

Latest Posts

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...

DACHSER drives from Ireland to the European continent

DACHSER has reintroduced a key logistics route connecting Ireland to continental Europe via the UK, reviving what was once a common practice before Brexit...

Constanta Port secures EU funds

The European financing contract for Stage II of the “Modernization of the Electricity Distribution Infrastructure in the Port of Constanta” project has been officially...
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