SHIPPING
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ZIM invests in monitoring platform for maritime, land supply chains checkpoints
May 19, 2023 - ZIM Integrated Shipping Services Ltd. (ZIM) along with other investors, has announced the initial closing of an US$8...
deugro announces newbuild Rotra vessels
May 17, 2023 - deugro Danmark announced that it will be bringing to the market two newly-designed vessels — customized for...
PSA BDP expands global network in Poland with new office opening
May 16, 2023 - PSA BDP has announced the opening of its first office in Poland — further expanding the network of the globally...
APM Terminals to invest over US$1B in Brazil by 2026
May 12, 2023 - APM Terminals is looking to invest R$5.2 billion (US$1.05 billion) in its Brazilian operations up to 2026. The unit of...
Port of Long Beach reports 20% volume decline in April
May 12, 2023 - Cargo container traffic slowed at the Port of Long Beach in April as consumers continued to limit purchases and...
Yang Ming approves procurement of five LNG dual-fuel container vessels
May 12, 2023 Yang Ming Marine Transport Corporation (Yang Ming) has approved the procurement of five LNG dual-fuel container vessels...
Hapag-Lloyd reported resilient Q1 performance despite weak market environment
May 12, 2023 Hapag-Lloyd reported a decline in transport volumes and lower freight rates in the first quarter of 2023 as global...
MSC to further expand in the U.S. with planned Arizona office
May 12, 2023 MSC Mediterranean Shipping Company (MSC) has announced its plans to open a new office in Tempe, Arizona, further...
Ocean freight rates plummet from peak 2021, 2022 prices
May 12, 2023 Ocean freight rates has plummeted from peaks across European export trades, according to the latest analysis by Xeneta....
Germany OKs Cosco Shipping Port's Hamburg terminal stake acquisition
May 12, 2023 German authorities have green-lighted the planned 24.99% stake acquisition of Chinese company COSCO Shipping Ports...
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