COSCO SHIPPING has signed an agreement to lease two 700 TEU electric container vessels to operate on the Yangtze River mainline. Some 51 enterprises and institutions were virtually connected to witness the signing of the…
Equipment giants Konecranes and Cargotec have cancelled a merger after the UK market regulator blocked the planned deal. According to the UK Competition & Markets Authority (CMA) final report issued on 29 March, the…
The Port of Thessaloniki (ThPA S.A.) has increased its container throughput for 2021, moving over 470,000 TEU. Container terminal throughput increased by a total of 2.2 per cent, from 461,000 TEU in 2020 to 471,000 TEU…
The Harbor Commissions of the ports of Los Angeles and Long Beach have each adopted spending plans for the Clean Truck Fund (CTF) rate program. The plans, approved separately by each port, target the development and…
The Port of Valencia has received a favourable report on the construction project for container terminal expansion in the port’s northern area. The report was issued by Puertos del Estado (OPPE), a Spanish state-owned…
The Maersk-chartered vessel that suffered container loss and damage earlier this month has been diverted to Lazaro Cardenas for inspection. On 21 March, the 4,578 TEU Dyros box ship lost a large portion of its contents…
Shanghai Port is continuing operation despite a staggered citywide lockdown imposed in China. From 5.00 am local time on 28 March, the lockdown imposed from Pudong (the east side of Huangpu River) will close businesses…
Hamburger Hafen and Logistik AG (HHLA) has recorded increased container throughput at its terminals in spite of external pressures such as the ongoing Russia-Ukraine conflict. In the 2021 reporting year, there was a…
The Port of Rotterdam Authority has renewed its logistics partnership with Logistikcluster Region Basel and the Port of Switzerland. All parties signed a Memorandum of Understanding (MoU) to increase their focus on the…
Global shipping lines made an astounding operating profit (EBIT) of over $110 billion in 2021. According to analysis by Sea-Intelligence, the combined 2010-2020 operating profit across all years was a combined figure of…
CMA CGM Group and Electrolux have agreed to ship 40,000 TEU of household appliances through CMA CGM’s CLEANER ENERGY Liquefied Natural Gas (LNG) solution. CMA CGM’s low-carbon offering, CLEANER ENERGY LNG, will allow the…
CMA CGM Group and Electrolux have agreed to ship 40,000 TEU of household appliances through CMA CGM’s CLEANER ENERGY Liquefied Natural Gas (LNG) solution. CMA CGM’s low-carbon offering, CLEANER ENERGY LNG, will allow the…
