Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair in the South Korean port of Busan to meet surging export orders for the car engine oil he sells to Russia.'China is the black hole in this shipping crisis…
EveRé, Elengy, TotalEnergies and the CMA CGM Group are engaged in a study of a BioLNG production plant project at Marseille’s port, aiming to to turn household waste into clean energy and serving as another plank toward the maritime industry's decarbonization…
Within the framework of a partnership previously announced between Tanger Med Port Authority and Wärtsilä Voyage which aims at digitalizing maritime port calls, Tanger Med, Hapag-Lloyd, and Anglo-Eastern Ship Management reportedly recorded success…
BIMCO’s Shipping Number of the Week: Secondhand container ship deals jump over 100% in H1 2021During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020 (source: VesselsValue)…
Leading German freight forwarder Hellmann will start using unmanned planes operated by Bulgaria's Dronamics from next year to speed up deliveries of vital goods in Europe and work around stretched supply chains, executives involved say.Global disruptions due to COVID…
Fifteen companies from 11 countries were selected by a panel of industry experts, investors and entrepreneurs for the 6th PortXL acceleration program in Rotterdam. Starting in September, they will spend three months in Rotterdam. The PortXL…
Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including from the venture capital arm of shipping giant Maersk, its chief executive said.Founded three years ago in Cairo…
The ports of Los Angeles and Long Beach continue their record-breaking start to the year, exceeding pre-pandemic records again and again. Already under pressure to handle a throughput that has broken the pre-pandemic record every month for 11 months in a row…
Bahri is featured in Forbes Middle East’s list of the top 100 companies for 2021, advancing 36 spots to #40.Despite operating amid uncertain market conditions, Bahri continued to grow through several multi-pronged initiatives to improve its operational efficiency…
San Antonio Terminal Internacional (STI), a port operated by SAAM and SSA Marine, closed purchase orders to acquire 26 state-of-the-art terminal tractors. This is the first step in the investment plan agreed with the port authority (Empresa…
Radix Engineering and Software, in collaboration with HPC Hamburg Port Consulting, the Supply Chain & Logistics Technology Program - University of Houston, and UTC Overseas, Inc., is developing a ‘Smart Port’ Digital Growth Masterplan for the Port of Açu (PdA)…
Blank sails likely at Port of Yantian as median dwell times climb to over two weeks, shows project44 data Vessel delays at the Yantian Port, a deepwater port in Shenzhen, has been worsening over the last week and the port is expected to remain congested throughout the month…
Oman's state-owned transport group Asyad plans to restructure its operations in order to focus on logistics, port services, free zones, shipping, drydocks and e-commerce, the state-run Oman News Agency reported on Tuesday, citing a management decision…
The surge in U.S. container imports continued in April when West Coast loaded imports amounted to 1.10m TEU. Imports had never exceeded this level until August 2020, and developments in the past nine months mean that April imports are only the sixth highest on record…
Port Houston said activity across its docks jumped again in April, showing robust growth in both containers and steel due to high regional demand.Container activity at the Gulf of Mexico's largest container port increased 25% for the month of April…