OCEAN carriers are bracing for muted demand during the usual peak shipping season heading into the fall, with supply chains still rattled by the...
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Another peak season runs aground as ocean carriers extract capacity - DP World purchases major stake in TIS Yuzhny port's box terminal
DUBAI's DP World has completed its acquisition of a 51 per cent stake in TIS Container Terminal in the Ukrainian Port of Yuzhny, 50 kilometres...
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Korean shipbuilders rush to develop eco-friendly ships amid regulations! - DHL orders three B767 conversions from Israel's IAI
ISRAEL Aerospace Industries (IAI) has clinched a contract to convert an additional three B767-300 aircraft for DHL
- US-China trade deal impacted by Covid-19 as bilateral trade slows
CHINA and the US have committed to fulfilling phase one their trade deal since the outbreak the Covid-19 pandemic, analysts have a recent decline in...
- Qantas launches US$1.3billion placement and axes 6,000 jobs
AUSTRALIA's Qantas Airways has launched an AUD1
- USDA confirms big US soybean sales to China as buying flurry continues
US exporters reported sales of 720,000 tonnes of soybeans to China, the US Department of Agriculture (USDA) said as active purchases by the...
- ZPMC to supply 28 sets of cranes to Hainan Harbour & Shipping
SHANGHAI Zhenhua Heavy Industry (ZPMC) has signed a port crane purchase contract with Hainan Harbour & Shipping for Yangpu Xiaochantan terminal,...
- There is a future for the shipping world after Covid-19 pandemic: PISR CEO
THE global shipping industry will be at the forefront when the world economy recovers after the Covid-19 pandemic, a view held by Panos Kimidis, CEO...
- China Eastern to make Hainan home base for new airline
CHINA Eastern has joined with the country's biggest online travel agency Trip
- Commerce Ministry says China aims to bolster trade ties with ASEAN
CHINA is willing to strengthen trade ties, investment and economic cooperation with the Association of Southeast Asian Nations (ASEAN) as the...
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Legal issues arising from use of tankers as floating storageIn recent years, international oil markets have witnessed collapsing oil prices as a result of an excess in supply and a corresponding decrease in...
- Canadian Pacific closes sale of Central Maine & Quebec Railway network
CANADIAN Pacific has completed the acquisition of the entire Central Marine & Quebec (CMQ) railway network, which was first announced in November...
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US sanctions on Iran shipping companies come into effectUS sanctions on a large Iranian shipping company and its subsidiary came into effect on Monday, as relations continued to simmer between Tehran and...
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Greece and Italy sign ‘historic’ maritime borders accord!Greek Foreign Minister Nikos Dendias and his Italian counterpart Luigi Di Maio on Tuesday inked a maritime borders agreement delimiting an exclusive...
- Nippon Express pays US$51m for MD Logistics to boost pharma
JAPAN-BASED logistics firm Nippon Express has acquired Indiana-based MD Logistics in a deal worth JPY5
- Travel restrictions lead to spike in air cargo drug seizures in Hong Kong
HONG Kong air cargo drug seizures surged 165 per cent in first five months as Covid-19 restrictions prevent couriers from flying into city
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WMU WEBINAR COVID-19 AND SHIPPING: Maritime Law and PolicyThe most recent offering in the WMU Alumni Webinar series took place on 29 May with the topic of COVID-19 and Shipping: Maritime Law and Policy...
- Transatlantic capacity dearth disrupts operations of parcel shippers
US package shippers continue to face disruption on the transatlantic trade lane as the US Postal Service (USPS) battles against the air cargo...
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Qatar Petroleum signs $19 billion shipbuilding agreements with Korean companiesExploration work in the expanded North Field mega project showed confirmed gas reserves there exceed 1,760 trillion cubic feet, Kaabi said in...