Cosco Shipping Bulk orders 10 new bulkers

Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will be charted to Chinese financial service provider Everbright Financial Leasing on a long-term contract upon delivery. The signing of the...
Read More

AD Ports Group completes Noatum integration

AD Ports Group announced it has completed the biggest corporate restructuring in its history with the integration of Noatum Group into the AD Ports structure. The UAE-based group announced its acquisition of Spanish freight forwarder Noatum in July 2023 for €660...
Read More

Container line reliability shows marked improvement

Sea-Intelligence’s Global Liner Report, which covers 34 global trade lanes covering over 60 container lines, showed a 4.1 percentage point improvement in November 2024 month-on-month to hit 54.8% – the highest level for the year. Schedule reliability in 2024 was...
Read More

ICTSI secures Mindanao terminal contract extension

ICTSI secures Mindanao terminal contract extension
The contract extension was awarded to ICTSI subsidiary Mindanao International Container Terminal Services (MICTSI), by the PHIVIDEC Industrial Authority allowing MICTSI to continue managing Mindanao Container Terminal until 2058. Located in Tagoloan, Misamis Oriental,...
Read More