April 6, 2026
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April 2, 2024

Cosco Shipping Ports reports 4.4% YOY increase in total throughput for 2023

International Shipping, Global Trade, Logistics, Shipping Line, Trade, Trending News
SHANGHAI : Chinese state-owned ports logistics company Cosco Shipping Ports Limited reported a 5.8% year-on-year increase in profit for 2023, standing at USD 324.5 million. The company’s annual revenue reached USD 1,454.4 million, increased
April 2, 2024

CMA CGM halts operations at Haiti’s major port

International Shipping, Foreign Ports, Shipping Line, Trending News
MARSEILLE : Due to escalating security concerns in Haiti’s Port-au-Prince and its surrounding areas, CMA CGM has decided to suspend operations at the Lafito terminal until further notice. “Therefore, CMA CGM won’t accept bookings
April 2, 2024

Saudi ports enhance Red Sea connections with new NRS shipping service

International Shipping, Foreign Ports, Global Trade, Logistics, Shipping Line, Trade, Trending News
RIYADH : The Saudi Ports Authority, Mawani, has announced the addition of the new shipping service ‘NRS’ by Folk Maritime to Jeddah Islamic Port that aims to connect Saudi Arabia to various ports along
April 2, 2024

NYK President Soga addresses recruits at 2024 Welcoming Ceremony

International Shipping, Shipping Line, Trending News
TOKYO : On April 1, NYK welcomed 69 recruits at a ceremony held at the company’s Tokyo head office. Below is a translation of the address given by NYK President Takaya Soga. President’s SpeechGood
April 1, 2024

CMA CGM and GTS Logistic establish JV for decarbonized transportation and logistics services

Logistics, Shipping Line, Transport, Trending News
MARSEILLE : CMA CGM-the French logistics major and GTS General Transport Service, a leading Italian intermodal company, announced the establishment of a joint venture to offer reliable, affordable and decarbonised transportation and logistics services
April 1, 2024

Ocean Network Express announced Transpacific Service starting in 2025

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) announced its Transpacific service starting in February 2025. Through this redesigned suite of products, ONE aims to offer quality-focused, direct end-to-end service with superior schedule reliability. “Following the
April 1, 2024

US East Coast Ports face challenge of diverted Baltimore cargo : Drewry

International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
LONDON : Maritime industry consultancy Drewry flags potential challenges for the US East Coast ports due to the diversion of Baltimore’s container volumes combined with expected market growth in 2024. The Port of Baltimore is the
March 30, 2024

MSC joins ocean carriers in halting deliveries to Baltimore

International Shipping, Shipping Line, Trending News
GENEVA : In light of the recent container ship accident near the Port of Baltimore that caused the collapse of the bridge, MSC, one of the world’s largest ocean carriers, has joined the list
March 30, 2024

Clean-up operation going to start in Baltimore due to the Francis Scott Key Bridge collapse

International Shipping, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
BALTIMORE : US Navy engineers have sent two cranes mounted on barges to begin the clear-up operation following the collision of the Maersk-operated MV Dali and the Francis Scott Key Bridge in Baltimore, causing
March 30, 2024

Container lines record combined EBIT loss of US$1.44 billion in 2023 Q4 : Sea-Intelligence

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Following Sea-Intelligence‘s previous announcement on 21 March, which provided insights into the fiscal year 2023 results, the data analysis firm now delves into the operating profit specifically for the fourth quarter of
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