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
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
Ocean Network Express sponsors the Penguin Cove in Singapore’s New Bird Paradise
SINGAPORE : Ocean Network Express Pte Ltd. (ONE) is proud to announce our sponsorship of the Penguin Cove in Bird Paradise, Singapore’s new bird park by the Mandai
DP World and CMA CGM form joint venture to operate Chile Container Depot
SAN ANTONIO : DP World and CMA CGM have created a new company Chile Inland Services (CIS), a joint venture to operate a container depot and bonded storage
CMA CGM commits to buy Bollore logistics unit for $5.5 bln
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the
Maersk announces new warehouse for electric car batteries near Hanover
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car