SHIPPING
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Seafrigo acquires UK forwarder Perishable Movements Limited (PML)
July 10, 2023 - Seafrigo has acquired the specialist UK-headquartered forwarder Perishables Movements Limited (PML), with the formal...
Drewry: Smart container fleet to expand 6-fold over the next 5 years
July 10, 2023 - The global telematics-enabled container equipment fleet is forecast to grow 6-fold over the next 5 years and would...
HIT invests HK$78M to roll out Hong Kong's first solar panel-equipped quay cranes
July 10, 2023 - Hongkong International Terminals (HIT) announced the arrival of two brand new quay cranes, representing an investment...
IMO: Revised GHG reduction strategy adopted for global shipping
July 7, 2023 - The International Maritime Organization (IMO) has adopted a revised strategy to reduce greenhouse gas emissions from...
Port of LA, Long Beach receive state grant for sustainable projects
July 7, 2023 - The Port of Los Angeles (Port of LA) and the Port of Long Beach have received grants from the state of California for...
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...
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