Terminals, carriers, rates, regulations and the supply-chain stories that affect your day at the port.
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ZIM Integrated Shipping Services Ltd (ZIM) achieved a net income of $3.05 billion so far in the year, more than double of last year’s figures of $1.48 billion. The Israeli shipping giant made $1.34…
The national operator of South Africa’s ports has announced shortlisted companies to upgrade two of its facilities. Transnet announced on 12 August the finalist respondents for privatisation in the…
Kalmar, part of Cargotec, has concluded an agreement to supply international cargo and logistics operator Tropical Shipping with three Kalmar diesel-electric straddle carriers. The order was booked in…
AD Ports Group announced its financial results for the year’s second quarter, seeing a 59 per cent surge in net profits. Net profit growth accelerated to 59 per cent year-over-year (YoY), reaching…
ZIM Integrated Shipping Services Ltd. (ZIM) has announced the completion of a Series A financing round in Hoopo Systems Ltd., a provider of tracking solutions for unpowered assets. ZIM invested $5.5…
Hamburger Hafen und Logistik AG (HHLA) has recorded a positive performance in revenue and earnings in the first half of 2022 – whilst container segment’s growth suffered supply chain hurdles. The…
The U.S. Transportation Department (USDOT) has begun sharing data with partners of its Freight Logistics Optimization Works (FLOW) programme, designed to address supply chain challenges. Launched in…
International Container Terminal Services, Inc. (ICTSI) has launched the new ICTSI App to give port users access to the company’s newest digital services. The app grants port users real-time access to…
Vostochnaya Stevedoring Company (VSC), a division of Global Ports located at the Vostochny Port in Primorye, has begun servicing a new regular container service by shipping line SITC, a division of…
The US Senate has passed the long-awaited Inflation Reduction Act, allocating $3 billion over five years to install electrified equipment and reduce emissions at ports. According to the American…
