World’s largest containership squeezes through Suez Canal
EGYPT : Evergreen’s giant 24,000 TEU containership Ever Acme transited the Suez Canal on Friday, 3 of February, while underway on its maiden voyage from Malaysia to the
Container volume growth at DP World’s UK operations–London Gateway and Southampton set new r
LONDON : Volume growth in the UK for DP World was led by its London Gateway terminal, which reported a 14% annual increase in volumes to 2.05m teu in
PIL partners IRIS Liners for TPS Service
SINGAPORE : For the Thailand Philippines Straits Service (TPS) which was announced on 2 February 2023, PIL is pleased to be partnering IRIS Lines, the shipping division of
Maersk Asia Pacific market update (January 2023)
COPENHAGEN : The global demand outlook shows little sign of any short-term improvement. The developed nations are still facing inflationary and recessionary pressures which is dampening the outlook
CMA CGM announced the NC LEVANT new service setup
MARSEILLE : CMA CGM announced the NC LEVANT new service setup, which aims to improve regional coverage after the company’s recent investment in Egypt’s Trans Misr Terminal (TMT).
Drewry: Multipurpose Time Charter Index Remained Flat in January
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the
Maersk North America and Ashdod Port Company sign agreement to collaborate on logistics and supply c
ISRAEL : Ashdod Port Company has signed an agreement with Maersk North America – to collaborate on innovation opportunities in supply chain logistics. The agreement enables Israeli startups
Early hints of container demand rebound expectations seen in China
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics
NYK Donates 3 Million Yen to Nishio City in Aichi Prefecture
TOKYO : NYK will donate 3 million yen to Nishio City for the purpose of environmental conservation on Sakushima Island in Aichi Prefecture. A ceremony recognizing the donation
Chery in shipyard venture to build its own car carriers
WEIHAI: Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands. Chery will partner with