SHIPPING
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Shipping to face up to €17.2B bill for EU ETS compliance between 2024-2026
July 6, 2023 - The shipping industry is set to fork up to €17.2 billion (US$18.9 billion) to comply with Europe's Emiss...
Freightos: Continued downtrend in ocean rates expected to continue through Q3
July 6, 2023 - Ocean shipping rates continued their downward trend, according to the latest analysis by Freightos, as capacity remains...
THE Alliance announces Transpacific-West Coast service changes
July 6, 2023 - THE Alliance has announced changes to its Transpacific-West Coast operations, reflecting current market dynamics. In a...
Freightos: Prolonged strike at North West ports could push rates up at alternate ports
July 6, 2023 - Members of Canada's ILWU port worker union have been on strike since July 1, shutting down operations at the p...
Sea-Intel: Major capacity issue is looming
July 6, 2023 - Ocean carriers have the ability to manage capacity, even in the face of a large supply/demand discrepancy, according to...
ICTSI unveils new initiative to drive decarbonization efforts
July 6, 2023 International Container Terminal Services, Inc. (ICTSI) has announced the launch of its Climate Change Action...
PSA acquires 22% stake in Duisburg Gateway Terminal
July 5, 2023 PSA International Pte Ltd (PSA) has signed agreements to acquire a 22% minority stake in Duisburg Gateway Terminal GmbH...
MPA Singapore, Lloyd's Register inks deal for zero-emission shipping
July 4, 2023 The Maritime and Port Authority of Singapore (MPA) and Lloyd's Register Maritime Decarbonisation Hub (LR MDH) ...
MOL chief says clean supply chain needs private and public collaborations
July 4, 2023 The chief executive of Mitsui O.S.K. Lines (MOL) has urged for private and public sectors collaboration to achieve...
ICTSI's Subic Bay International Terminals expand South China, Vietnam connectivity
July 3, 2023 Subic Bay International Terminals (SBITC), International Container Terminal Services, Inc.'s (ICTSI) operatio...
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