NYK to make Mitsubishi Ore Transport its Wholly-Owned Subsidiary
TOKYO : NYK agreed to obtain all the shares of Mitsubishi Ore Transport Co., Ltd. (MOT) from Mitsubishi Corp. (MC), Tokio Marine & Nichido Fire Insurance Co., Ltd.
DP World opens one-stop refrigerated container facility in Sydney to serve growing demand
SYDNEY : DP World has announced the opening of Reefer World, a new one-stop refrigerated container facility in Sydney, which will provide a wide range of reefer cleaning
ZIM quits Pacific Southwest lane again as ZEX service axed
HAIFA : ZIM will withdraw its eCommerce Xpress (ZEX) service at the end of this month. which was launched during the peak of the freight market in 2020.
ONE announces completion of acquisition by Poseidon Acquisition Corp
SINGAPORE : Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. (“Poseidon”) has jointly announced with Atlas Corp. (“Atlas”) the closing of the previously
Wind-assistance can drive profitable and sustainable shipping
LONDON : Maritime’s singular focus on alternative fuels ignores a source of free renewable energy that has powered maritime trade for millennia. “Shipping is seeking to reduce costs
Hapag-Lloyd launches new WA1 – West Africa Service
HAMBURG : Hapag-Lloyd announces new Container WA1 Service (West Africa Service 1) with a fortnightly frequency, connecting Tanger Med, Nouakchott, Freetown, Conakry, Monrovia, and back to Tanger Med.
Supply chains ‘finally beginning to stabilise’, says Maersk Asia Pacific market update (March 20
COPENHAGEN : While the congestion pressure on global supply chains has eased, inflation and volatility around the world continues to leave logistics planning and execution a task filled
China Energy establishes shipping company
BEIJING : China’s energy industry player, China Energy, has officially established its shipping company based in Beijing. The founding of the shipping unit is a milestone for China
ZIM and Shell complete the first LNG bunkering under 10-year agreement
HAIFA : ZIM and Shell have announced the successful bunkering of the Hong Kong-flagged container vessel ZIM Sammy Ofer with liquefied natural gas (LNG) at Kingston Freeport Terminal
JAXPORT and Aruba signs MoU to grow business connections
JACKSONVILLE : During JAXPORT Board of Directors meeting, State of Florida Chief Financial Officer Jimmy Patronis, Aruba Prime Minister Evelyn Wever-Croes, and other dignitaries from the island of