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EU puts money where its mouth is with green port funding

European Union has agreed funding for up to 10 pilot projects in sustainable and smart supply chains through port operations with 45 companies involved...

SM Merchant Marine to expand fleet and buy containers with IPO proceeds

SM Merchant Marine plans to use proceeds from its planned initial public offering in the second half of 2021 to expand its vessel and...

Antwerp leads “green” international consortium

An international consortium, called PIONEERS, of 46 partners led by the Port of Antwerp will receive a €25 million (US$30 million) grant from the...

New FMC Chairman calls for a review of US shipping law

Daniel Maffei, appointed chairman of the Federal Maritime Commission (FMC), told industry figures last week that it is time for the US Government to...

TradeLens expands to China

TradeLens, the blockchain platform developed by AP Moller - Maersk and IBM, has partnered with China Unicom Digital Tech for its official commercialisation in...

DP World reveals plans for new port in Congo

DP World is ready to start the development of the deep sea port at Banana in the Congo Central province of the Democratic Republic...

ONE adds 27,500 reefers to its fleet

Ocean Network Express (ONE) has announced the expansion of its current refrigerated container fleet by adding 27,500 new units, including 850 reefers equipped with...

Minsheng books 16,000TEU pair at DSIC

Minsheng Financial Leasing (MSFL) has ordered a pair of 16,000TEU container ships from Dalian Shipbuilding Industry Company (DSIC), the latter’s parent China State Shipbuilding...

ICTSI confirms Q1 growth in all major indicators

International Container Terminal Services, Inc. (ICTSI) has announced increases in revenue, earnings and volumes for the first quarter of the year compared with the...

Rise in vessel speeds will increase GHG emissions

Demand for cargo on major trade lanes has increased substantially and the returns to the shipping lines and vessel owners have also increased with...

Evergreen back in the black in Q1

Evergreen Marine Corporation achieved a TW$16.17 billion (US$567.13 million) net profit for Q1 2021, reversing the TW$733.15 million (US$24.24 million) net loss in Q1...

DSV offers single sailing to Europe as latest acquisition is announced

Freight forwarder DSV Panalpina has chartered a 1,800TEU vessel and containers for a single journey from Asia to Europe in an effort to help...

Latest Posts

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...

European Union approves €22M for Helsinki–Lübeck port upgrades

The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, aimed at enhancing the maritime corridor between the Port...

Kuehne+Nagel delivers Türkiye’s largest floating drydock to the US

In one of the most complex maritime transport operations in recent years, Kuehne+Nagel has successfully delivered the largest floating drydock ever built in Türkiye...

Bridgestone opens next-generation Queensland Distribution Centre at Port of Brisbane

Bridgestone, the market-leading tyre brand, has officially opened its new, state-of-the-art Queensland Distribution Centre at the Port West Industrial Estate (Stage 2) in Lytton,...

P&O Maritime Logistics to acquire NovaAlgoma Cement Carriers

UAE-based P&O Maritime Logistics (POML), a subsidiary of DP World, has signed a definitive agreement to acquire a controlling stake in NovaAlgoma Cement Carriers...
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