LONDON : “The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected
ATHENS : Metis has joined the RightShip Zero Harm Innovation Partners Program. This partnership, which includes the broader ERMA FIRST group, aims to raise awareness of innovative solutions that promote a zero harm maritime
LONDON : Lloyd’s Register (LR) announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity. The need for greater clarity and
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as possible, and
NEW YORK : The union representing U.S. dockworkers has signaled that 45,000 members will walk off the job at midnight, kicking off a massive strike likely to shut down ports across the East and
GENEVA : MSC has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7m long (4.55m wide and 4.82m high), this is the heaviest piece of cargo MSC has ever transported. Its
LONDON : DP World is expanding its rail capacity between two of the UK’s largest container ports with the launch of a second weekly rail service connecting the London Gateway and Southampton logistics hubs.
HELSINKI : MacGregor, part of Cargotec, has secured an order to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs), with an option for eight additional vessels. The vessels will be built at
WINSEN (LUHE) : In September 2024 Höpen GmbH, a family holding, has ended its engagement at Becker Marine Systems and sold all its shares. As per its mission statement, Höpen GmbH will focus on
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across all vessel segments. The overall index, which factors