COSCO SHIPPING Ports Limited, the world’s leading ports operator, today announced the annual results of the Company and its subsidiaries (the “Group”) ended 31 December 2021. 2021 Fourth Quarter Results Highlight• Ÿ Revenue increased by 25.1% YoY to US$347.6 million•...

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The U.K. government put the onus on port owners to block operations by P&O Ferries after the company fired staff with no notice or consultation in a bid to slash costs. Proposed legislation will give ports statutory powers to refuse access to regular ferry...

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Cargotec and Konecranes have abandoned merger plans after the UK Competition & Markets Authority (CMA) blocked the proposed combination. The UK CMA rejected a remedy package that saw the European Commission (EC) give conditional approval on 24 February. Under the...

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The Isle of Man Ship Registry (IOMSR) has signed a memorandum of understanding (MoU) with Houston-based technology company FuelTrust to validate vessels for the flag’s Green Ship scheme. Under the agreement, IOMSR will use FuelTrust’s fuels and emissions digital...

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