Shipping Industry Expands Container Production to Asia and the USA
The shipping industry is taking proactive steps to reduce its reliance on China by establishing steel container…
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Container Charter Market Faces Challenges
According to Alphaliner, the container charter market is experiencing various challenges making it less appealing…
DP World and Rosatom Join Forces for Arctic Route Development
Dubai-based ports and logistics giant DP World has inked a partnership with Russian nuclear agency Rosatom to…
COSCO Quarterly Net Earnings Plummet to USD 650 Million
COSCO SHIPPING announced a substantial decline in its quarterly net earnings, with a net profit of RMB 4.78 billion…
Silk Alliance Members Present Vision for Green Shipping Corridor Cluster
A collaborative industrial consortium initiated by the Lloyd's Register (LR) Maritime Decarbonisation Hub, the…
Panamá Canal: Further restrictions on ships due to drought
the Panama Canal is set to impose additional reductions in the number of ships permitted to cross, due to the most…
Can the International Shipping Industry be Net Zero Emissions by 2050
Wood Mackenzie published a report the International Shipping Industry becoming Net Zero Emissions by 2050.
APMT’s Suape Terminal to Launch in 2026
According to APMT, the new container pier at the Suape port in Brazil, is now expected to become operational in…
FMC receives triple Complaints and Imposess Millions in Penalties
The Federal Maritime Commission (FMC) has witnessed a significant surge in complaints, resulting in a threefold…
Ocean Alliance to Become World’s Largest Mega-Alliance as 2M Partnership…
Discontinuation of the 2M partnership pushes the Ocean Alliance to become the world´s largest mega alliance,…