MSC starts new Shosholoza Feeder Service from Coega to Cape Town
GENEVA : In response to the demand for a regular reliable service ex Far East / Europe to Cape Town, MSC will introduce a dedicated feeder ex Coega
Suez Canal expected to earn over $8.5bln in 2023
EGYPT : Revenues of Suez Canal are expected to reach $8.70 billion in 2023, Chairman of the Suez Canal Authority (SCA), Osama Rabie, said. On Monday, cargo ship
Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supp
CALIFORNIA : Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is laying off 20% of staff as a result of the global downturn
Sea-Intelligence reports volume shrinking in North America West Coast
DENMARK : Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth on the North America West Coast (NAWC) stagnated during the first two months
MSC announces new Service to connect India with West Mediterranean
GENEVA : MSC has announced the addition of a new India – West Med shipping service from mid-December, which is expected to open a new trade corridor between
A.P. Moller – Maersk announces new executive leadership team
Changes to the organisation and the executive leadership of A.P. Moller – Maersk COPENHAGEN : A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new
2M Alliance revises Transatlantic network
MUMBAI : The largest container alliance in the world 2M Alliance, comprising Maersk and MSC, decided to make changes to its Transatlantic network. The alterations in 2M’s North
Alphaliner : Boxship sales halved in 2022 as freight levels fell
FRANCE : Sales and purchases of container ships halved to 950,300 TEUs in 2022 as freight levels began normalising, according to Alphaliner‘s latest report released on 11 January.
88% of supply chain leaders surveyed fear “Inflation and recession will be the biggest factors tha
HAMBURG : Container xChange released the Container LogTech predictions report for 2023 which highlights important global trends that the shipping and supply chain industry will witness in 2023.
MSC’s TIL completes Italian box terminal takeover
GENEVA : MSC’s port operating arm, Terminal Investment Limited (TIL) has completed the acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno. In particular, TIL’s subsidiary
