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DP World invests US$50 million in new logistics centre in South Korea

DP World has announced a US$50 million investment to develop a new logistics centre in South Korea's Busan New Port. The construction works on the...

Virginia prevails over Georgia and North Carolina for FreezPak Logistics new cold storage facility

Governor of Virginia, US, Glenn Youngkin announced that FreezPak Logistics, a provider of full-service cold and dry storage services, is investing US$77.5 million to...

Massive increase in container shipping imports from China into Mexico amid ongoing US trade war: Xeneta analysis

Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling...

CEVA to launch automotive logistics centre at Port of Dunkirk

On 15 March, an agreement was reached between the Port of Dunkirk and CEVA Logistics, marking the beginning of a new venture. The contract entails...

CMA CGM reshuffles EURONAF service

CMA CGM's Short Sea Lines Division has announced the reshuffle of the EURONAF service effective from the 11th week of the year. These adjustments will...

ICTSI’s MICT reaches 50 million TEU milestone

Manila International Container Terminal (MICT), International Container Terminal Service, Inc.’s (ICTSI) flagship terminal, celebrates another milestone by handling its 50 millionth TEU. The Philippine terminal...

Wan Hai issues US$320 million of bonds after loss

Wan Hai Lines is issuing US$320 million of bonds to improve its financial structure, after the Taiwanese liner operator sank into the red. Wan Hai...

Wilson Sons invests in Rio Grande Container Terminal

Wilson Sons has invested around US$280,000 in Brazil's Rio Grande Container Terminal (RS), planning to increase operational efficiency through technological initiatives. These initiatives include the...

CMA CGM applies new rates from Asia to Mediterranean

French container line CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all Asian main ports to the mentioned Mediterranean...

Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump...

MABUX reports decline in global bunker indices

In the 11th week of the year, there was a moderate decline in the Marine Bunker Exchange (MABUX) global bunker indices. The 380 HSFO index...

Saudi ports see container decline despite import surge

Saudi container ports have seen a container decline in February moving 561,484 TEUs, translating to a 10% drop from the same month last year. In...

Latest Posts

Hanseatic Global Terminals to rebrand SAAM Operations in Latin America

Hanseatic Global Terminals (HGT) announced  that its subsidiary, SAAM Terminals, will officially rebrand under the HGT name effective 1 August 2025. As part of this...

Fire-ravaged Morning Midas sinks under tow

Morning Midas, the car carrier that caught fire on 3 June, sank in the Pacific Ocean in the afternoon (UK time) on 23 June, while the...

Port Houston posts steady growth in May

Port Houston recorded another month of steady performance in May 2025, handling 381,640 TEUs, marking a 5% year-over-year increase. Year-to-date, the port has processed 1,837,813...

Kalmar appoints new Senior Vice President in Human Resources

Kalmar Corporation has announced the appointment of Hanna Reijonen as Senior Vice President, Human Resources, effective 6 October 2025. She will also join the Kalmar...

DHL supply chain North America appoints new CEO

DHL Group has announced that Mark Kunar has been appointed CEO of DHL Supply Chain North America, effective immediately. He succeeds Patrick Kelleher, who has...
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