SHIPPING
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Air freight rates decline again in May as industry outlook weakened
June 5, 2023 - Air freight rates this year continued to trend lower, extending the slide in May as the market is faced with low demand...
ICTSI notes more investments at Congo's Matadi Gateway
June 5, 2023 - Matadi Gateway Terminal (MGT), International Container Terminal Services, Inc.'s (ICTSI) operation in...
Port of Felixstowe agree on deal for 100 autonomous trucks
June 5, 2023 - Port of Felixstowe, part of the Hutchison Ports' network, and Shanghai Westwell Technology Co., Ltd (Westwell) ...
Container throughput at Chinese ports up 4.8% in the first four months of 2023
June 5, 2023 - Container throughput at Chinese ports has experienced a notable increase of 4.8% during the first four months of the...
CMB has received the first ammonia-ready container ship for CMA CGM charter
June 1, 2023 - On May 23, the Chinese shipbuilder Qingdao Shipyard successfully delivered the world's first ammonia-r...
Australia's VICT welcomes COSCO's ANE service
June 1, 2023 Victoria International Container Terminal (VICT), International Container Terminal Services, Inc.'s Austra...
PIL transports first avocado shipment from Africa to Asia with Transicold System
May 31, 2023 Pacific International Lines (PIL) has successfully transported its first shipments of avocados from Kenya to Brunei...
Insurer warns of “tidal wave” of drug smuggling in the freight industry
May 31, 2023 Freight insurer, TT Club, has warned of the exponential growth in contraband drugs entering Europe via ports on the...
Suez Canal Economic Zone gets over US$3B in Chinese investments
May 31, 2023 Following an official Egyptian visit to China in end-May, Chinese companies have committed to invest US$3 billion worth...
Yang Ming signs contract for five, new 15,500 TEU LNG dual fuel containerships
May 31, 2023 Yang Ming Marine Transport Corp. (Yang Ming) and HD Hyundai Heavy Industries Co., Ltd. (Hyundai Heavy Industries) ist...
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