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Port of Hong Kong faces severe connectivity loss

Recent service networks released by the container shipping alliances reveal a noticeable trend: Major shipping companies are rapidly scaling back their presence in Hong...

COSCO, CNC ink vessel-sharing deal for intra-Asia service

Chinese shipping giant COSCO and CNC, the intra-Asia short sea specialist of the CMA CGM Group, have signed a vessel-sharing agreement for a service...

HMM and Shanghai International Port Group sign clean marine fuel agreement

South Korean ocean carrier HMM has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on supply cooperation of Clean Marine...

Folk Maritime introduces new feeder service between Sudan and Saudi Arabia

Folk Maritime will initiate a new direct feeder service in April, linking Port Sudan with the port of Jeddah in Saudi Arabia. This move aims...

Dali owners seek to limit damages payments

Grace Ocean, the owner of the 10,000 TEU ship that collided with Baltimore’s Francis Scott Key bridge, has filed a petition asking the courts...

President of Pacific Merchant Shipping Association retires after almost three decades

The Pacific Merchant Shipping Association (PMSA) announced the retirement of its President, John McLaurin, today (2 April) after 29 years of service. "It has been...

Folk Maritime announces new Chief Operating Officer

Folk Maritime, a Saudi container line that has recently launched operations, has officially appointed Mohamed Badawy as Chief Operating Officer of the company. "Badawy's extensive...

Hapag-Lloyd appoints new Managing Director Fleet

Starting on 1 April 2024, Silke Lehmköster took over the role of Managing Director Fleet at Hapag-Lloyd, being responsible for Fleet Management, Fleet Innovation...

GAC Malaysia forms JV with Uminaca to boost logistics capabilities

GAC Malaysia has entered into a Joint Venture (JV) with Syarikat Uminaca Sdn Bhd, a provider of manpower and stevedoring services in Malaysia. This strategic...

With Baltimore out, Maersk plots alternative services through eastern North America

Maersk Line is ready to offer services through several gateways from eastern Canada, down to the southern Atlantic Ocean and US Gulf, as it...

Morgan Stanley confirms investment in Pasha Group

The American multinational investment bank and financial services company Morgan Stanley has decided to provide an unsecured term loan to The Pasha Group, a...

Descartes completes US$90 million acquisition of trade compliance solution provider

Canada-based Descartes Systems Group, a major player in connecting logistics-focused businesses in commerce globally, has announced its acquisition of US-headquartered OCR Services (OCR), a...

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Solstad renews partnership with Marlink

Solstad has renewed its long-standing partnership with Marlink to advance its digitalization strategy through to 2028. Under the new agreement, Marlink will deliver SealinkNextGen, a...

KEZAD and Witthal Gulf Industries sign deal to launch recycling plant

Khalifa Economic Zones Abu Dhabi Group has signed a 50-year land lease agreement with Witthal Gulf Industries for the establishment of the country’s first...

Emirates Shipping Line announces new service to Seattle

Emirates Shipping Line has announced its entry into the United States market with the launch of the Sun Chief Express service, a direct, fortnightly...

Port of Long Beach approves $833 million budget

The Long Beach Board of Harbor Commissioners has approved an $833 million budget for fiscal year 2026, nearly half of which will go toward...

Tykoflex and Kongsberg Discovery develop subsea infrastructure

Tykoflex AB and Kongsberg Discovery have announced a strategic partnership to advance the development of modular, intelligent, and secure subsea infrastructure. This will combine Tykoflex’s...
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