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Intra-Asia operator TS Lines to further expand fleet as profits triple

TS Lines’ net profit tripled to TW$6 billion (US$213.6 million), exceeding the Taiwan carrier's previous expectations of TW$3 billion (US$106.8 million), as the container...

Laos develops as logistics link to the Greater Mekong Subregion

The Thai transportation operator Sitthi Logistics and the Lao Government are developing Vientiane Logistics Park (VLP) and Thanaleng Dry Port in Vientiane Capital under...

K Line sets up decarbonisation department  

Japanese carrier K Line, a 31% shareholder in Ocean Network Express, will open a newly founded decarbonisation department which it says will focus on...

SITC profit up 60% in 2020

SITC International continued its profitable streak as container rates spiked in 2020 with the Hong Kong-listed parent of the Chinese intra-Asia carrier SITC Container...

Danes take another step toward methanol as a marine fuel

Danish marine technology company Alfa Laval has announced that it will begin large-scale tests with methanol as a marine fuel with its partners at...

Hapag-Lloyd to digitise fleet with IT management platform

Hapag-Lloyd has signed a contract with the Danish engineering and software company Logimatic to implement maritime fleet management software, called SERTICA, on more than...

RCL profits climb on low costs and “extremely good” 2020 trading

Thai intra-Asia carrier Regional Container Lines (RCL) recorded a THB1.75 billion (US$58.28 million) net profit amid an unprecedented rate spike in 2020. Freight income per...

Freight rates fall but congestion in Southern California is maintained

At least 35 to 40 ships were at anchor off the US West Coast this week as the congestion at ports continues in the...

China accused of continuing cyber-attacks on Indian ports

Chinese state sponsored hackers have been accused by a US based cyber-security firm of actively penetrating India’s national infrastructure’s cyber defences, including two ports...

Evergreen unit orders more containers

Evergreen Marine Corporation’s container leasing and warehousing subsidiary, Evergreen International Storage & Transport Corporation (EITC), will order another 18,000 containers from its Malaysian factory,...

Maritime industry bodies urge EU to back H2 and ammonia

A number of European shipping and environmental groups have written an open letter to European Commission (EC) urging the regulators to back environmentally sustainable...

China’s largest river- boxship makes maiden voyage

Wuhan Port and Shipping Development Group’s 1,124TEU Han Hai 5 Hao, China’s largest and most efficient river ship, completed its maiden when it arrived...

Latest Posts

Anemoi launches Rotor Sail Production Hub in China

Anemoi Marine Technologies has officially opened a state-of-the-art Rotor Sail production facility in Jingjiang City, China, a move that significantly boosts the company’s global...

AGCT welcomes largest vessel to call Rijeka

Adriatic Gate Container Terminal (AGCT), operated by International Container Terminal Services, Inc. (ICTSI), has handled the largest vessel ever to call the Port of...

Descartes Systems Group announced the launch of a security system

Descartes has announced the launch of Descartes MacroPoint FraudGuard 2.0 an advanced solution aimed at combating increasingly complex freight fraud and cargo theft schemes. This...

SEKO expands Freightos integration

SEKO Logistics has expanded its global partnership with digital freight platform Freightos, deploying its 7LFreight and WebCargo tools to unify air and ground quoting...

HGK and Wattlab launch first hybrid solar-powered inland vessel

HGK Shipping has taken a major step toward greener inland transport with the launch of Blue Marlin, the world’s first inland cargo vessel equipped...
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