The company has won the bids and inked contracts with several domestic and international customers for supplying intelligent port equipment, which will further improve the company’s… Read More »Huadong Heavy Machinery bags $194 million in port equipment contracts
The Greek-owned fleet is experiencing steady growth in the number of vessels, deadweight and gross tonnage as highlighted in the latest annual report GSCC report.… Read More »Greek shipowner newbuild orderbook grows by over 50%
Hapag-Lloyd reported substantial declines in its revenue and income in 2023 with revenues down to $19 billion from more than $36 billion in 2022 and… Read More »Maersk and Hapag-Lloyd alliance will seek to reduce costs
President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against… Read More »Nigeria reopens borders with Niger Republic
The bid to buy DB Schenker is a significant change of direction by Maersk with CEO Vincent Clerc acknowledging as much in last month’s annual results call.… Read More »Maersk aims to reshape logistics with DB Schenker bid
The subject was first raised by V.Group CFO Petter Traaholt who said that from its own analysis, V.Group does not expect the industry to hit its 2050… Read More »Can shipping hit IMO decarbonisaton checkpoints?
Departing from the port of Shanghai, the maiden voyage with a 13 day to arrive at West Basin Container Terminal, Los Angeles early April. Hede is planning… Read More »Hede International Shipping enters the Transpacific container trade
Zhu has called for the Chinese government to draft and implement related laws for seafarers to protect and improve their rights and benefits. “We need… Read More »Cosco Shipping boss urges China to improve benefits for seafarers
Enova, a fund owned by the Norwegian Ministry of Climate and Environment, has granted NOK 73m ($7m) apiece to two vessels to enable the use… Read More »Enova grants $14m to Höegh ammonia car carrier project
Growth in empty repositioning since 2019 had seen an increase of 20% in terms of teu moved in 2023 compared to four years ago, but… Read More »Empty container availability fears slide as demand wanes
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