
Carriers’ profits not a major driver of inflation
Sea-Intelligence has found that carriers’ profits during the freight rate peak have not been a contributing factor to inflation. Freight rates were a little over 200 per cent higher than in the…
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Sea-Intelligence has found that carriers’ profits during the freight rate peak have not been a contributing factor to inflation. Freight rates were a little over 200 per cent higher than in the…

The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) requesting financial institutions to submit solutions to expedite the adoption of electric harbour crafts…

The Hamburg Port Authority (HPA) has announced it will raise port fees by an average of 6.5 per cent beginning January 2024 due to sustained very high inflation and higher prices. The HPA is also…

Inditex, parent to fashion brands Zara and Massimo Dutti, has partnered with A.P. Moller – Maersk (Maersk) to cut global greenhouse gas (GHG) emissions in seaborne logistics. The strategy revolves…

CMA CGM has expressed concerns regarding the gravity of navigational conditions in the Amazon River. The river is currently facing navigational challenges due to a substantial reduction in its water…

Hamburger Hafen und Logistik AG (HHLA) and the Fraunhofer Center for Maritime Logistics and Services (CML) have presented the IHATEC project “Pin-Handling-mR” at a conference of the German Federal…

Porto Itapoá has achieved its highest import volume of the year in September 2023, handling a total of 12,891 containers. This marks the second-highest monthly performance in the port’s history…

OneStop has announced its strategic partnership with ACFS Port Logistics, a player in Australia’s transport, warehousing, and freight logistics sector. OneStop and ACFS Port Logistics are committed to…

Thyssenkrupp Steel has announced a multi-million dollar investment in modernising terminal operations at Ertsoverslagbedrijf Europoort C.V. (EECV) at the Port of Rotterdam. Four powerful grab cranes…

Ukraine’s Farm Minister has reported that the new corridor enabling vessels to transport Ukrainian grain and iron ore from Black Sea ports has dramatically lowered freight rates and anticipates…