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GTT announces acquisition of Danelec to expand digital capabilities

GTT signed an agreement with the European investment fund Verdane to acquire Danelec, a provider of advanced digital solutions for maritime data collection and...

PIL opens new office in Chile

Pacific International Lines (PIL) has announced the opening of its new office located in the center of Santiago, Chile. This strategic expansion marks a significant...

The Switch secures contract for shaft generator drives on new aframax tankers

The Switch has secured a contract to supply single drives for shaft generators to be installed on four tankers currently under construction at Xiamen...

Hapag-Lloyd increases rates from Europe to Far East

Hapag-Lloyd has announced that its ocean tariff rates for Freight of All Kinds (FAK) rates from Europe to the Far East will increase. The updated prices...

Duvenbeck appoints new Chief Information Officer

Jakub Piotrowski will join the Duvenbeck Group as Chief Information Officer (CIO) and will be part of the company's Executive Board. Piotrowski will report directly...

CMA CGM applies new peak season surcharge from China to Nigeria

French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) from China and Hong Kong & Macau to Nigeria. Effective from 1...

DP World deploys OneStop’s digital solutions at new container facility in Australia

OneStop has expanded its partnership with DP World with the upcoming implementation of OneStop Modal and OneStop Vehicle Booking System (VBS) at DP World’s...

BP sells six MR tankers for US$200M

BP is reportedly divesting six medium-range (MR) tankers in a deal valued at around US$200 million. The vessels include British Cadet, British Captain, British Chief,...

Konecranes Lift Trucks inks distributor deal with Terberg Tractors Belgium

Konecranes Lift Trucks has entered a new distributor agreement with Terberg Tractors Belgium, enhancing its presence in the Belgian material handling equipment market. The agreement,...

Port of Bilbao launches second phase of dock electrification project

The Board of Directors of the Bilbao Port Authority has awarded approximately €50 million (US$57 million) for the construction of new electrical infrastructure that...

Parrish & Heimbecker acquires grain terminal in Quebec

Parrish & Heimbecker (P&H), a Canadian family-owned agri-business, has bought a deepwater bulk marine export terminal in Quebec City from Société en Commandite Terminal...

Kuehne+Nagel, Orange expand partnership in France, Poland and Africa

Global freight forwarder Kuehne+Nagel and Orange, a major worldwide telecommunications operator, extend their partnership for another three years for e-commerce operations of communication hardware...

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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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