News Flash

Peru’s Chinese-built mega port to soft launch in late November with Shanghai route

Peru’s Chinese-built mega port to soft launch in late November with Shanghai route

Peru’s massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, willship two container...
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Iran exports first crude cargo outside the Persian Gulf as Israeli retaliation looms

Iran exports first crude cargo outside the Persian Gulf as Israeli retaliation looms

Iran exported its first-ever crude cargo outside the Persian Gulf, according to satellite images and local reports, marking a small...
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Panama Strengthens Strategic Alliances With The Maritime Sector

Panama Strengthens Strategic Alliances With The Maritime Sector

As a global leader in ship registration and maritime services, Panama continues to build strategic partnerships with member states of...
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S. Korea and China resume containership competition amid market shifts

S. Korea and China resume containership competition amid market shifts

Hanwha Ocean, one of South Korea’s leading shipbuilders, announced on Oct 10. that it has secured a contract to build...
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Global container freight rate index from the 12th January 2023 to the 10th October 2024

Global container freight rate index from the 12th January 2023 to the 10th October 2024

Container freight rates oscillated dramatically between January 2023 and October 2024. Freight rates slumped to their lowest level on the...
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Pacific Basin: Dry Bulk Market Outlook Is Optimistic

Pacific Basin: Dry Bulk Market Outlook Is Optimistic

During the third quarter of 2024, there was a year-on-year increase in global dry bulk loading volumes driven by increased...
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Growing obscurity: LNG shadow fleet expected to expand as sanctions evasion continues

Growing obscurity: LNG shadow fleet expected to expand as sanctions evasion continues

The LNG shadow fleet to move blacklisted Russian LNG is expected to expand amid growing clandestine activities, such as the...
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Wärtsilä continues to strengthen its market leadership in cargo handling and fuel gas supply systems

Wärtsilä continues to strengthen its market leadership in cargo handling and fuel gas supply systems

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply the cargo handling and fuel gas supply systems for six newbuild medium-sized...
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MHI Receives Order to Supply MOX Fuel Assemblies for Unit 3 of Genkai Nuclear Power Station, Kyushu Electric Power Co. Inc.

MHI Receives Order to Supply MOX Fuel Assemblies for Unit 3 of Genkai Nuclear Power Station, Kyushu Electric Power Co. Inc.

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Kyushu Electric Power Co. Inc. (Kyushu) to supply MOX(Note1) fuel...
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Mindanao Container Terminal welcomes new Evergreen, Wan Hai Lines joint service

Mindanao Container Terminal welcomes new Evergreen, Wan Hai Lines joint service

Mindanao Container Terminal (MCT), International Container Terminal Services, Inc.’s (ICTSI) operation in Cagayan de Oro, Philippines, received the inaugural call...
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TecPlata handles Argentina’s 1st carbon-neutral container

TecPlata handles Argentina’s 1st carbon-neutral container

TecPlata achieved a new milestone with its handling of the first carbon-neutral container in Argentina. The latest achievement marks a...
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PSA Celebrates Groundbreaking for its New Supply Chain Hub, Pioneering an Integrated Logistics Ecosystem in Singapore

PSA Celebrates Groundbreaking for its New Supply Chain Hub, Pioneering an Integrated Logistics Ecosystem in Singapore

PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion...
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Two-way traffic lifts standards of efficiency at APM Terminals Gothenburg

Two-way traffic lifts standards of efficiency at APM Terminals Gothenburg

Working in the midst of a massive port expansion project APM Terminals Gothenburg has remained nimble in keeping late-arriving vessels...
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DHL expands contract logistics portfolio to the UAE to address increasing demand for specialized end-to-end supply chain services

DHL expands contract logistics portfolio to the UAE to address increasing demand for specialized end-to-end supply chain services

In line with DHL's commitment to delivering unparalleled end-to-end supply chain solutions to customers globally, DHL Group is pleased to...
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Ocean One Network adds Jacksonville Port to East Coast 2 Service – effective from February 2025

Ocean One Network adds Jacksonville Port to East Coast 2 Service – effective from February 2025

We are pleased to inform you of an enhancement to our East Coast 2 (EC2) service, following our recent announcement...
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Yang Ming to Launch Two Europe-East Med Express Services Enhancing Service

Yang Ming to Launch Two Europe-East Med Express Services Enhancing Service

Yang Ming Marine Transport Corporation ("Yang Ming") continues to strengthen its network in Europe and the Mediterranean region. Starting in...
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MSC Showcases Innovative Logistics Solutions at Abidjan, Côte d’Ivoire

MSC Showcases Innovative Logistics Solutions at Abidjan, Côte d’Ivoire

MSC Mediterranean Shipping Company took center stage at the 2024 edition of the National Cocoa and Chocolate Days (JNCC), held...
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BHP iron ore output beats, copper production edges up on better grades at Escondida

BHP iron ore output beats, copper production edges up on better grades at Escondida

Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bottlenecks at its Western Australia...
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U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse

U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse

U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently released data...
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Saudi Arabia’s crude oil exports in August hit one-year low

Saudi Arabia’s crude oil exports in August hit one-year low

Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations...
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