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Wallenius Wilhelmsen finalizes Armacup takeover

Wallenius Wilhelmsen has announced the acquisition of the remaining shares in Armacup, bringing the shareholding percentage from 65 to 100%. The transaction was closed on...

Norfolk Southern, Port of Virginia join forces for US first RailGreen Corridor

The Port of Virginia​ has launched a collaboration with US railway company Norfolk Southern on its new RailGreen program that reduces supply chain emissions...

Emirates Shipping Line, Wan Hai to commence joint India–East Med service

Emirates Shipping Line and Wan Hai Lines will launch their new joint service, the India–East Mediterranean 2 (IM2) Service, on 1 June 2025, aiming...

Port of Koper breaks container volume record in 2024

Slovenia's Port of Koper has reported strong performance, with over 1.13 million TEUs in 2024, setting a new throughput record. Despite challenges such as the...

Indian Register of Shipping establishes new office in Saudi Arabia

Indian Register of Shipping (IRS), an international ship classification society and member of the International Association of Classification Societies (IACS), has announced the opening...

Orca AI raises over US$70M to drive autonomous shipping innovation

Maritime technology company Orca AI has closed an investment of US$72.5 million in Series B funding, with Brighton Park Capital leading the round with...

Port of Klaipeda establishes new fleet base

The Port of Klaipeda is opening a modern fleet base that will house all of the port's specialized equipment and serve as a new...

Kalmar carries out STS crane repair at Mumbai Port

Kalmar has concluded a project with Jawaharlal Nehru Port Authority (JNPA) to repair the leg of a ship-to-shore (STS) crane at Nhava Sheva Freeport...

Maersk introduces new PSS from China and Hong Kong to African destinations

Danish ocean carrier Maersk has announced a new peak season surcharge (PSS) from China and Hong Kong to Kenya and the port of Dae...

Hapag-Lloyd swaps UK port of call on Caribbean Express Service

Hapag-Lloyd has announced a change in its Caribbean Express Service (CES), which connects the East Coast of South America and North America with North...

European Transport Workers’ Federation elects new president

Belgian trade union leader Frank Moreels stepped down from his function as European Transport Workers' Federation (ETF) President, in view of his upcoming role...

Arkas Line doubles vessel capacity on Turkey-US service

Arkas Line has decided to add a second container vessel to its USA Express Service (USX), which offers a connection between Turkey and the...

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Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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