DP World digitises global supply chains using TradeLens

DUBAI's DP World has completed the early stages of integration with blockchain-based digital container logistics platform TradeLens in a move to...

APMT's Vietnam terminal to serve 2M Alliance's TP17 service

VIETNAM's Cai Mep International Terminal (CMIT), has welcomed the maiden call of the TP17 service deployed by 2M Alliance and in doing so secured...

Australian authorities detain APL England after dropping containers

THE Singapore-flagged containership APL England that lost at least 40 containers overboard off the coast of Sydney has been detained by authorities...

PIL seeks lifeline from Temasek Investment to stay afloat

SINGAPORE-BASED Pacific International Lines is in talks with an arm of the Lion City's sovereign-wealth fund Temasek Holdings over a potential...

COVID-19 Outbreak causes serious risk for seafarers mental health

Harun Şişmanyazıcı, Vice President of the Maritime Safety Association, said that the uncertainty of the process affects the soul world of the...

Hapag-Lloyd's box ship quarantined at Durban due to coronavirus

GERMAN shipping giant Hapag-Lloyd has confirmed reports that its 2,824 TEU Montpellier has been ordered by the authorities in Durban, South Africa to...

India's ports are 'free warehousing' as imports eat into export space

THE Container Shipping Lines Association of India (CSLA) says tens of thousands of uncleared import containers are clogging supply chains amid...

CN revises 2020 outlook after posing 'solid' quarterly results

CANADIAN National Railway (CN) has posted 'solid' first-quarter financial and operating results, despite experiencing rail blockades and the...

Korean Air plans to raise US$817 million to stay afloat as flag carrier

KOREAN Air Lines plans to sell new shares to raise about KWN1 trillion won (US$817 million) after the coronavirus outbreak wiped out 90 per cent of...

Delta to retire Boeing 777 jets, warns of layoffs to stop cash burn

DELTA Air Lines is retiring its fleet of Boeing 777s, warning its pilots of layoffs as it faces collapse in the travel market, the result of the...

CP donates US$1 million to charities helping in the Covid-19 battle

CANADIAN Pacific (CP) is donating US$1 million to four North American charities working on the front lines to help people impacted by Covid-19

Chem giant Dow set to sell ports, marine terminals, storage, rail facilities

AMERICAN chemical giant Dow Inc is exploring the sale of its ports on the US Gulf Coast and six railway hubs as it refocuses on chemicals, reports...

MSC to apply US$200/FEU rate hike from US Gulf ports to Far East June 15

THE Mediterranean Shipping Co (MSC) will impose a general rate increase of US$180 per TEU and a $200 per FEU on dry cargo from US Gulf ports of...

Port of LA box volume falls 6.45pc in April, but down 15.5pc so far this year

CONTAINER volume increased in the Port of Los Angeles during the month of April, but volume is down significantly year over year as the port and...

ONE's CEO praises maritime industry for 'keeping the lights on' during hard times

ASIAN inventory levels have declined, including 'very low' levels of stored food products which is fuelling the increase in European and US...

Airfreight forwarders expected to be hit hardest by Covid-19

ACCORDING to a worst case scenario projection from consultant Transport Intelligence (Ti), the freight forwarding market could contract by more than...

Coronavirus drives logistics sector towards greater use of technology

THE coronavirus pandemic has prompted the logistics sector to invest more heavily in the use of technology, with 67 per cent of shipping and freight...

ONE keeps promise and sails into the black, but now faces virus challenge

JAPANESE container carrier Ocean Network Express (ONE) has posted a net profit of US$105 million for full-year 2019 after post-merger synergies...

Delta Air aims 50pc cut in daily cash burn by end-June

DELTA Air Lines Inc says it will reduce its daily cash burn by half by the end of June amid a collapse in travel demand

Box ship sailings' schedule reliability falls to 68pc in Q1

CONTAINERSHIP sailings' schedule reliability in the first quarter fell to 67