Logistics company DB Schenker said it has opened a new, highly sustainable cargo terminal in Finland for the Tampere region. With this terminal, which is located in nearby Lempäälä, DB Schenker is expanding its green distribution services in Finland…
Royal Caribbean Group on Thursday flagged slow summer demand for European cruises due to the Ukraine crisis, after a dull first quarter as it reeled under a resurgence in COVID infections in some parts of the world.Shares of the cruise operator fell about 5% to $73…
Cruise line Azamara has officially added Azamara Onward vessel to its now four-ship fleet on Tuesday, following a festive naming ceremony in Monte Carlo. The christening ceremony was led by the President of Azamara, Carol Cabezas, and Azamara Onward Godmother…
Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food…
Finland-based cruise shipbuilder Meyer Turku saw its full-year 2021 net loss widen, despite a somewhat higher turnover compared to 2020. Still, the company said it was a 'satisfactory result in the midst of a protracted pandemic.'The company's turnover was EUR 1…
Norwegian cruise shipping company Havila Voyages has canceled an upcoming roundtrip in Norway with the Havila Capella cruise ship, citing unresolved issues with the ship's insurance coverage.'There is still an unresolved situation related to Havila Capella's insurance coverage…
The America’s Marine Highways Program is one of several grant programs administered by the U.S. Maritime Administration (MARAD) to promote more effective use of the nation’s navigable waterways. This particular program was established by Congress…
In contrast to spot rates on the Far East to North Europe trade which have fallen by more than USD 3,600 per FEU [Forty-Foot-Equivalent-Unit ] since the start of the year, those to the Mediterranean have seen a much smaller decline, falling by just USD 850 per FEU…
The British Ports Association said it is calling for clarity following recent speculation that the introduction of physical Brexit border checks on EU food and animal product imports will be delayed again.Sanitary and phytosanitary inspections…
South Africa's major port of Durban, where operations were disrupted by severe flooding last week, is now functional and a backlog of thousands of containers will be cleared within five to six days, the public enterprises minister said on Tuesday…
According to a recent analysis by Container xChange, one of the many challenges for the supply chain now is the overflowing container depots in the U.S. and the pileup of empties that will push the container prices further downwards in the mid-term…
Despite months of softening on the backhaul North Europe to Far East trade, with rates on the spot market closing in on $1,000 per FEU for normal-dry containers, spot rates for reefer containers on this trade have been stable since early 2021…
Arnold W. Donald, president and CEO of Carnival Corporation & PLC, has been selected as the recipient of Seafarers’ House International Golden Compass Award for 2022. The award is given each year to those who have achieved distinction in the maritime world…
Harland & Wolff Group has been awarded a dry dock contract for two cruise ships from P&O Cruises and Cunard respectively that will occupy the Belfast drydock for 33 days in total. The companies have selected Harland & Wolff's 81-acre Belfast…
Governor Tom Wolf announced that Pennsylvania’s Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania ports, will be extended until July 2023. The…
