The World Maritime University (WMU) has released a pre-study report entitled Synchromodality as a Prospective Digitalization Scheme for Freight Logistics.The study explores the potential of digital technologies and synchromodality to transform…
DP World has signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.The concession to develop the…
The US Port of Savannah has taken delivery of four Super Post-Panamax ship-to-shore cranes, upgrading the crane fleet to 34 machines at Garden City Terminal after four older cranes are retired and recycled.Along with the completion of our project to improve Berth 1…
The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators…
Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking and market analytics company says the latest general rates increases (GRIs) from carriers appear to have held “relatively firm…
The Port of Los Angeles moved 684,291 TEUs in July as cargo shipments declined compared to last year’s record month.“Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” said Port of Los Angeles Executive Director Gene Seroka…
ZIM Integrated Shipping Services has announced a restructuring of its existing services to Oceania (CAX, TFX and N2A) in collaboration with MSC.Danny Hoffman, ZIM EVP Intra-Asia, said: “Our current Oceania services network will be restructured…
APM Terminals Pipavav has shattered its previous records by successfully achieving over 200 port moves per hour (PMPH) on a single vessel for the first time in the history of its operations.On August 17, 2023, the port, located on the coast of Gujarat…
Evergreen Marine has officially opened Terminal 7 at Kaohsiung Port, a smart terminal expected to drive ongoing growth of shipping related industries within southern Taiwan. The terminal is the first and largest fully-automated container terminal…
Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively…
DP World expects to add approximately three million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year.The company says this will add much needed infrastructure and capacity to boost global supply chain resilience…
“Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU. As recycling of ships has remained low, the fleet capacity has grown 4…
Patrick Terminals unloaded one of Maersk’s rainbow containers at its Sydney AutoStrad on Wednesday.A.P. Moller - Maersk’s rainbow containers serve as symbols of the company’s stand on creating a culture where all employees, partners, and customers…
Swire Shipping has appointed SSA Terminals as its container terminal operator for the ports of Seattle, Long Beach, and Oakland.The multi-year agreement complements Swire Shipping’s continued investment into the North American market, enhancing…
OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their newbuild methanol dual-fueled common feeder ships from 2024.The green methanol will be used to fuel X-Press Feeders’ upcoming dual-fuel vessels servicing European…
