million

CMA CGM buys stake in French airline group, expanding air cargo logistics
MARSEILLE-HEADQUARTERED container liner CMA CGM expanded its reach into air cargo logistics with the recent acquisition of a 30 per cent stake in a...
Cargo throughput slips 18pc at S Korean seaports on coronavirus
CARGO handled at South Korean seaports totalled 117
HMM commissions 12th and final giant box ship deployed on Asia-N Europe trade
SOUTH Korean shipping giant HMM announced that it has completed the commissioning of its twelfth and final giant box ship, the 24,000 TEU HMM St...
Emirates SkyCargo marks 15 years of flights to China
EMIRATES SkyCargo has marked 15 years of operations to mainland China through which it has provided a 'continuous and robust trade link' and...
DHL to pump in US$30m to expand and update US operations
A SUBSIDIARY of major logistics company Deutsche Post DHL Group, DHL eCommerce Solutions, plans to invest approximately US$30 million this year to...
HMM commissions 12th and final giant box ship depoyed on Asia-N Europe trade
SOUTH Korean shipping giant HMM announced that it has completed the commissioning of its twelfth and final giant box ship, the 24,000 TEU HMM St...
T S Lines H1 profits soar 50pc on rising rates, increased volumes and falling costs
TAIWANESE vessel operator T S Lines announced that net profits for the first half of 2020 surged 50 per cent year on year to TWD1
US Air Force's freighters could be deployed to fly truck loads of vaccine
US military aircraft will play a major role in emergency distribution of a Covid-19 vaccine because there aren't enough private-sector cargo jets...
First phase of Khalifa Port expansion due to open Q1 2021
ABU Dhabi Ports has affirmed that the expansion of Khalifa Port is on track for a phase one opening by the first quarter of 2021, as well as...
China and Greece commit to joint work on Belt and Road Initiative
CHINA and Greece have pledged to further develop relations between the two countries and jointly work on the Belt and Road Initiative (BRI)
Euroseas sells 30-year old box ship for scrap, inks deals for 2 charter extensions
GREEK containership owner Euroseas has sold its 1990-built 1,169 TEU feedermax boxship Ninos for scrap for a price of around US$2
Seafarers are facing a Covid-driven humanitarian crisis!
Thousands of mariners are unable to sign off from their ships, causing considerable mental agony to them and their families
FMC warns of court action if there are signs of 'collusion' on transpacific trade
US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head to...
Covid-19 supply chain disruption boosts hub port role: PSA executive
THE regional CEO of Middle East South Asia and head of business development at PSA International, Wan Chee Foong, says that the supply chain...
New box terminal at Namibian Port is fully operational
THE new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019 and commissioned in August 2019, is now fully operational
E-commerce growth leads to rise in shipping and investments: CMA CGM chief
THE head of French shipping giant CMA CGM says the future of the world's fourth-largest container line will increasingly be built on e-commerce
This new technology can save whales from ship collisions
A newly developed tool uses AI, a mobile app and big data to help mariners avoid whale strikes.
Port of Colombo's SAGT celebrates 21 years of maritime excellence
SOUTH Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka's first private public partnership (PPP) and a flagship venture of the Board of...
Liftings at Port of LA reach record 961,833 TEU in August
THE Port of Los Angeles had its best month ever in August, processing a record-setting 961,833 TEU in August
CMA CGM's stake sale of Mundra port to China Merchants under scrutiny
WITH the widespread anti-China sentiment throughout India the government is examining a proposal to transfer part-ownership of a container terminal...