PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic shipments even as the canal authority pledged to maintain full
LE HAVRE: GEODIS, a leading global logistics provider, announced the establishment of its first port hub in France, located in Le Havre, at the heart of the country’s leading container port. This integrated logistics
ROTTERDAM/ARACRUZ: Hanseatic Global Terminals (HGT) and the Imetame Group successfully completed the establishment of the Hanseatic Global Terminals Aracruz S.A. joint venture. Both companies officially begin their partnership to develop and operate the new
ODESSA : In a development that could significantly reshape Ukraine’s maritime and logistics landscape, media reports indicate that MSC Mediterranean Shipping Company has acquired a 51 percent controlling stake in TIS Group, the country’s
ABU DHABI : AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market
NEW DELHI : Asia’s naphtha prices tumbled to their lowest since early March as the Abu Dhabi National Oil Co (ADNOC) resumed exports in May via the Omani Port of Sohar, traders said, establishing
TEHRAN: The Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for targeting a Panama-flagged container ship, identifying the vessel as the “US-owned” MSC Sariska V, with a cruise missile, according to reports in the
HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend, according to France-based data and analytics firm Kpler. Kpler said
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced yesterday the appointment of Dr. Chen Lichtenstein as its new President and Chief Executive Officer following the resignation on April
FLORIDA: The United States Central Command (CENTCOM) has announced that American forces have redirected 118 commercial vessels and disabled five others as part of Washington’s active naval blockade aimed at Iranian ports. American forces