Côte d’Ivoire Terminal has acquired six fleet gantries for the second container terminal currently under construction at the Port of Abidjan. The equipment was supplied by ZPMC on 23 April on a semi-submersible vessel…
The Port of Newcastle Green Hydrogen Hub Project has received AUS$41 million ($29 million) in funding to proceed with Phase I. On 28 April, the project received a vote of confidence by Angus Taylor MP, Minster for…
April has seen the third consecutive monthly clime in long-term contracted ocean freight rates, reports one analytics firm. According to analytics company Xeneta, shipping costs have rocketed by 11.1 per cent globally to…
DP World has completed the implementation of its CARGOES TOS+ Terminal Operating System at the Asian Terminal Incorporated (ATI) Batangas Container Terminal in the Philippines. The terminal is a key port in the…
HMM has announced it is working to improve visibility, transparency, and efficiency of trade transactions through the use of Bolero International’s electronic Bill of Lading (eBL) solution. In March, the South Korean…
Drewry has estimated that carrier profits will soar to $300 billion in 2022 as freight rates continue to rise. In a recent container market update, the maritime consultants said that freight rates, and consequently…
Mediterranean Shipping Company’s (MSC) Florida Gulf Feeder service has announced that its container vessel Reet II has made its inaugural call to the Jacksonville Port Authority (JAXPORT). The Florida Gulf Feeder…
The Duisport Group has announced its annual results for Financial Year (FY) 2021, citing continued record container turnover. Over the period, container turnover at Duisport rose slightly by 2 per cent to around 4.3…
The ShibataFenderTeam (SFT) has supplied cast steel quay furniture components for the Port of Rotterdam’s offshore terminal. The delivery for the new berth included 49 sets of cast steel pile saddles, 12 sets of Tricorn…
Supply chains in the Alaska, Hawaii and Washington regions will receive a funding boost to container services following new funding announced by the U.S. Department of Transportation’s Maritime Administration (MARAD)…
A.P. Moller – Maersk (Maersk) has published its financial results for Q1 2022, posting revenues of $19.3 billion. The company’s EBITDA for the period of January to March 2022 amounted to $9.2 billion, and EBIT came in at…
The Port of Shanghai has remained operational despite its ongoing lockdown – however continued disruption could lead to an uptick in blank sailings in the Asia-North America West Coast route, according to new analysis…
