HIGHLIGHTS
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Maersk completes acquisition of Hong Kong's LF Logistics in a US$3.6B deal
August 31, 2022 - A.P. Moller - Maersk (Maersk) has announced the completion of its acquisition of LF Logistics, a Hong Kong-based...
WSC: Lack of regulations a major hurdle to shipping decarbonization
August 30, 2022 - The World Shipping Council (WSC) is urging member states of the International Maritime Organization (IMO) to put...
Flexport: US East Coast ports now handling more cargo than the West Coast
August 26, 2022 - Shipping between Asia and Europe continues to be restricted by ongoing supply chain issues — further dragged by low...
Maersk container manufacturing sale to CIMC dropped due to regulatory issues
August 26, 2022 - A.P. Moller - Maersk (Maersk) announced the termination of a sale deal with China International Marine Containers Ltd....
Bolloré completes acquisition of Lynair Logistics expanding its footprint in Australia
August 25, 2022 - Bolloré Logistics has announced that it completed its acquisition of Lynair Logistics (Lynair) on August...
APAC airlines saw cargo slide further amid worsening economic, geopolitical climate
August 25, 2022 Asia Pacific airlines saw another month of cargo decline in July as supply chain issues coupled with inflationary...
Cathay Pacific Cargo introduces carbon-offset programme for air freight
August 24, 2022 Cathay Pacific is introducing its carbon-offset program for its air cargo services. The Hong Kong-based airline said it...
Container prices, leasing rates decrease in China amidst peak season shipping
August 24, 2022 Containerised trade picks up in China to fulfil the demand for the peak shipping season and the container rates have so...
Hapag-Lloyd to upgrade fleet of over 150 ships in the next five years
August 22, 2022 Hapag-Lloyd announced that it is undertaking a fleet upgrade program for more than 150 ships in its fleet in a bid to...
IATA-World-Cargo-Symposium-Homepage-banner IATA WCS to focus on building air cargo resilience beyond Covid-19
August 22, 2022 The International Air Transport Association (IATA) World Cargo Symposium (WCS) 2022 will focus on building resilience...
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