MSC to open new office in the US Tempe Arizona
TEMPE : MSC Mediterranean Shipping Company, a global leader in transportation and logistics, announced plans to open its new MSC Tempe office, expanding the company’s network of locations
Germany approves COSCO investment in Hamburg container terminal
HAMBURG : The German government has finally approved the acquisition of a minority stake in Container Terminal Tollerort (CTT) by COSCO Shipping Ports. The Chinese port operator will
Brazil’s 2023 maize exports could rise 8%, benefitting shipping : BIMCO
COPENHAGEN : “Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize
Supply Chain Professionals sound alarm on Recession, Geopolitical Tensions and Cost Pressures in H2
HAMBURG : A survey with 1200 supply chain professionals aimed to understand the biggest challenges they foresee for their business in the second half of the year showed
JAXPORT welcomes largest container ship ever to call Jacksonville
FLORIDA : The Jacksonville Port Authority (JAXPORT) set a new port record with the arrival of ONE Stork, the largest container ship to ever call Jacksonville in Florida,
Leading container lines show improved schedule reliability
COPENHAGEN : Danish maritime data analysis company Sea-Intelligence showed schedule reliability data through March 2023 in its latest report. March 2023 saw a further month-to-month gain in global
K Line revenue up 24.5% in 2022
TOKYO : K Line reported higher revenue and profit for its 2022 financial year, with a broadly positive outlook for its various shipping segments in 2023. K Line’s
Hapag-Lloyd launches green biofuel-based transport solution
HAMBURG : Hapag-Lloyd has announced the launch of Ship Green, a new solution for climate-friendly, biofuel-based transport. Ship Green is accessible from anywhere at any time and does
HMM starts solo intra-Asia route after ending joint operation with KMTC Line
SEOUL : South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was co sharing with its compatriot regional carrier Korea Marine
China’s slacking imports, slowing exports peril global economic recovery
BEIJING : Chinese imports plunged and export growth slowed down in April as the recovery waned, raising concerns about the country’s ability to boost the global economy. Overseas