News

The Port of Montreal has earmarked more than $247m in its new five-year investment plan for its infrastructure on the island of Montreal as the port approaches its full container handling capacity. Miche...

Cosco Shipping has opened up a new sea & air logistics centre in Guangzhou to further improve its modern logistics service ability. Katherine Si | Feb 22, 2023 To be developed as an inte...

Orient Overseas Container Line (OOCL) has named its first 24,188 teu capacity boxship just as overcapacity looms for the sector. Marcus Hand | Feb 16, 2023 The naming ceremony for the OOCL Spa...

Maersk plans to retire the brands of 152-year old Hamburg Süd and containerisation pioneer Sealand. Gary Howard | Jan 27, 2023 The integration of Maersk-owned brands is part of a strategy to u...

NYK Group Europe has announced that Carl-Johan Hagman will become CEO effective April 1, 2023. Gary Howard | Jan 25, 2023 Hagman will succeed Svein Steimler who will step down on March 31, 2...

Nigeria’s first deep seaport, Lekki Deep Sea Port, started operations and is expected to become a major cargo hub for West Africa. Michele Labrut | Jan 25, 2023 The country’s first fully aut...

Container spot freight rates registered a marginal increase at the start of the year, but now sit below the 10-year average according to Drewry. Drewry’s composite World Container Index (WCI) r...

The container shipping sector enjoyed an unprecedented boom during the pandemic but the coming year sees a difficult combination of sluggish demand and sharply rising fleet growth. Marcus Hand | Jan 05, ...

Japanese shipowner NYK is warning of a challenging year ahead as its container shipping joint venture Ocean Network Express (ONE) faces a “tidal wave”. Marcus Hand | Jan 06, 2023 In his Ne...

ENGIE, Shell, Vopak and Anthony Veder have agreed to develop a green hydrogen logistic maritime corridor connecting the ports of Sines in Portugal and Rotterdam in the Netherlands. Michele Labrut ...