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Korean maritime transport industry suffers

Despite a boom in the Korean transportation sector, sales of the Korean maritime transport industry plunged more than 10% in 2017. The industry has...

NYK develops digital cash for crew

Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter...

Concor back on the radar

ET Intelligence Group: Pricing power and market share gains don’t come easy in any industry — particularly one dominated by unorganised cargo carriers. Container...

Evergreen reports US$25m profit in 3rd quarter

Taiwan's Evergreen Marine Corp posted a profit of TWD 771.2 million (US $25 million) in the third quarter of 2018 compared with TWD 4...

ΙΜΟ to ensure maritime security

Iranian Ambassador to London Hamid Baedinejad said Thu. (Nov. 22) that the International Maritime Organization (IMO) responded to Iran's demand and called on the...

Hapag-Lloyd retrofits ten vessels with Exhaust Gas Cleaning Systems

Ten Hamburg Class vessels (13,000 TEU) to be retrofitted in 2019 and 2020 First vessel will be ready to sail with EGCS...

Kalmar innovation center in Sweden

Kalmar, part of Cargotec, has officially inaugurated its new Innovation Center in Ljungby, southern Sweden. Approximately 200 people will be based at the state...

BPA responds to EU/UK political declaration

Commenting on political declaration on the future relationship between the UK and the EU, Richard Ballantyne, Chief Executive of the British Ports Association said: “The British Ports Association...

State seeks for funds for logistics projects

MUMBAI: The State government is seeking fresh funding from the Centre for projects vital to turning the hinterland into a logistics hub. Chief Minister...

Companies must open up yard for empty containers

Philippines - Shipping companies have been directed to open up container yards that will be utilized as depot for empty containers amid clamor from...

CyberLogitec launches blockchain platform

Leading maritime, port/terminal and logistics information technology (IT) solutions provider CyberLogitec announced its plans to provide a blockchain-based platform for all its IT solutions...

Hapag-Lloyd unveils its “Strategy 2023”

Focus on quality, selective global growth and profitability More investment in digitalisation Continuous cost and revenue management Return on Invested Capital (ROIC) above...

Latest Posts

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...

U.S. container imports down 6.4% in May

According to a report from the Japan International Freight Forwarders Association (JIFFA), U.S. container imports fell 6.4% year-on-year in May, as major ports handled...

Chokepoints Under Fire: Maritime volatility surges in the Singapore Strait and Red Sea

As global trade struggles to find safe passage, the world’s most critical maritime arteries, the Singapore Strait and the Red Sea, are once again...
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