Intermodal News - page 5

 

ZIM Strikes Deal to Charter Six 5,500 TEU Newbuilds

Mar 30, 2022

Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) on Wednesday announced a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

MacGregor Wins Supply Contract for Four Höegh Autoliners PCTCs

Mar 24, 2022

MacGregor, part of Cargotec, was selected to supply comprehensive packages of RoRo equipment for four Aurora class pure car and truck carriers (PCTCs) to be built by China Merchant Heavy Industries (Jiangsu) Co., Ltd. for Höegh Autoliners.The order has a value of more than $15 million…

Most Containership Spot Rates Tower Above Long Term Contracts - Xeneta

Mar 24, 2022

The Far East to South American East Coast trade is the only front haul trade where the long term is lower than the average spot rate among Xeneta's top 13 trades. Long-term rates on this trade are still below their October highs, but they have been steadily rising since 2022…

White House Aims to Boost Supply Chain Information Sharing

Mar 15, 2022

The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers, retailers and other businesses to share information.U.S. Transportation Secretary…

ZIM Announces Record Financial Year in 2021

Mar 09, 2022

Net Income of $4.65 Billion, Adjusted EBITDA  of $6.60 billion, and Adjusted EBIT of $5.82 billionAs the containershipping industry enjoys its greatest boom of a generation, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated…

Containershipping: VCFI Index Falls for First Time in nearly Two Years

Mar 04, 2022

Russia's war in the Ukraine and spiraling oil and marine fuel prices have conspired to drive the VCFI indes to its first loss in 18 months.Change of trend in the indicators that measure the evolution of container transport costs. Valencia Containerized Freight Index (VCFI) fell by 0…

A New Onassis? Italy's Sea Captain Swoops on Reborn Alitalia

Feb 14, 2022

Sixty-five years after Aristotle Onassis founded Greece's Olympic Airways, another shipping entrepreneur is planning to take to the skies - this time in Italy, where Gianluigi Aponte's MSC has its sights on the successor company to Alitalia…

MV Charlie delivered to dship; Fourth "Eco-friendly" Newbuild

Feb 14, 2022

dship Carriers took delivery of number four of four newbuilds, the MV Charlie, the latest generation eco-friendly F-500 vessel type. The quartet of new ships enhances dship's capabilities in the multi-purpose heavy lift market during a time when cargo slots are rare and the market is tight…

Concordia Explores Converting Tankers to Container Carriers

Feb 08, 2022

As the tanker market languishes and the containershipping sector drives full speed ahead, Concordia Maritime announced it has embarked on a technical design study on the feasibility of converting several of its tankers to container carriers…

Global Container Flows Struggle to Pick Up Speed, Data Shows

Feb 02, 2022

Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and pandemic-related lockdowns, the latest shipping data shows.Delays at U.S. major ports have been particularly severe…

Loadsmart Valuation Hits Over $1 Billion After Funding Round

Feb 01, 2022

Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc.The company raised $200 million in the Series D funding round from…

New Intermodal Facility Coming to Port of Mobile

Jan 31, 2022

The Alabama Port Authority board of directors recently approved a $2.042 million purchase of 272 acres in Montgomery, Ala., to construct an inland container intermodal transfer (ICTF) facility. The project will extend intermodal rail service…

CMA CGM to Buy Majority Stake in Delivery Firm Colis Prive

Jan 31, 2022

French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French delivery firm Colis Prive, as it continues to build up its logistics business.CMA CGM is to buy 51% of Colis Prive from current owner…

Augusteijn Takes the Helm at Stolt Tank Containers

Jan 31, 2022

Stolt-Nielsen Limited appointed Hans Augusteijn as President, Stolt Tank Containers (STC), effective February 1, 2022.Augusteijn succeeds Michael W. Kramer, who will assume the role of Executive Vice President, Marketing and Business Development at Stolt-Nielsen Limited…

Logistics News

Analysis: Container Shipping and Falling U.S. Retail Sales

Analysis: Container Shipping and Falling U.S. Retail Sales

Western Tankers Ramp Up Russian Oil Shipments

Western Tankers Ramp Up Russian Oil Shipments

Log-In Logística Intermodal taps Nautilus Labs for Digital Solutions

Log-In Logística Intermodal taps Nautilus Labs for Digital Solutions

Titan Acquires Pair of LNG Carriers for Bunkering Capability Retrofit

Titan Acquires Pair of LNG Carriers for Bunkering Capability Retrofit

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