SITC profits up 67% in 2022 on container boom

Chinese shipping logistics service provider, SITC International, has achieved significant growth on revenue and profits in the past year attributed to its container shipping business. Katherine Si | Mar ...

Brazil’s soybean export demand set to soar

A slow start to Brazil’s soybean harvest has suppressed exports early in 2023, but a record harvest is expected to boost Atlantic bulker demand. Gary Howard | Mar 09, 2023 According to Filipe ...

Port of Montreal to invest $247m in infrastructure

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...

OOCL names first 24,000 teu containership

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 to kill off Hamburg Süd and Sealand brands

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...

Change of leadership ahead for NYK Group Europe

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 opens first deep seaport

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...